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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (68,810) $ (39,118)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 22,116 13,192  
Amortization of deferred costs 9,152 5,486  
Deferred income taxes (2,310) 201  
Accretion of interest on convertible senior notes 16,527 3,667  
Provision for credit losses and sales reserve 1,442 642  
Stock-based compensation 34,939 24,094  
Change in fair value of contingent consideration obligation 1,500    
Other non-cash adjustments (37) (248)  
Changes in operating assets and liabilities:      
Accounts receivable (7,929) (8,405)  
Prepaid expenses (4,752) (5,144)  
Deferred costs (12,000) (8,438)  
Other assets (3,248) 924  
Accounts payable 2,286 7,318  
Accrued payroll and employee related liabilities 3,965 1,974  
Accrued expenses (1) (296)  
Deferred revenue 1,107 12,373  
Other liabilities 2,457 632  
Net cash provided by (used in) operating activities (3,596) 8,854  
Cash flows from investing activities:      
Capital expenditures (2,122) (4,417)  
Proceeds from landlord reimbursement   1,143  
Payments for acquisition of business, net of acquired cash (54,757) (58,419)  
Additions to capitalized software development costs (7,296) (5,867)  
Purchase of short-term investments   (1,975)  
Maturities of short-term investments   47,765  
Net cash used in investing activities (64,175) (21,770)  
Cash flows from financing activities:      
Proceeds from public offering, net of costs   139,110  
Restricted stock units withheld to settle employee tax withholding liability (4,269) (4,531)  
Proceeds from employee stock purchase plan 3,389 2,337  
Proceeds from stock option exercises 6,764 15,822  
Other (131) (548)  
Net cash provided by financing activities 5,753 152,190  
Effect of exchange rates on cash, cash equivalents and restricted cash (411) (227)  
Net increase (decrease) in cash, cash equivalents and restricted cash (62,429) 139,047  
Cash, cash equivalents and restricted cash—beginning of period 539,662 60,068 $ 60,068
Cash, cash equivalents and restricted cash—end of period 477,233 199,115 $ 539,662
Supplemental disclosures of cash flow information:      
Interest 974 863  
Taxes, net of refunds received 577    
Supplemental disclosure of non-cash activities:      
Common stock issued in connection with acquisitions 53,193 32,838  
Acquisition-related deferred consideration 4,044    
Contingent consideration in connection with acquisitions 6,267 550  
Common stock issued in connection with settlement of convertible notes 938    
Capitalized assets included in accounts payable and accrued expenses 86 122  
Capitalized development costs included in accounts payable and accrued expenses   7  
Purchase accounting payable, net (15)    
Stock-based compensation capitalized for software development costs $ 243 $ 420