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CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net earnings (loss) $ 40,695 $ (46,296)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Stock-based compensation expense 69,433 120,280
Amortization of intangibles 47,695 6,885
Bad debt expense 34,844 20,625
Depreciation 18,170 9,705
Deferred income taxes (2,041) (71,446)
Other adjustments, net (107) (1,328)
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (52,021) (30,080)
Other assets (19,040) (5,782)
Accounts payable and other liabilities 11,303 45,480
Income taxes payable and receivable 1,402 22
Deferred revenue 3,378 7,788
Net cash provided by operating activities 153,711 55,853
Cash flows from investing activities:    
Acquisitions, net of cash acquired 0 (66,378)
Capital expenditures (32,886) (16,278)
Purchases of marketable debt securities (34,816) 0
Proceeds from sale of fixed assets 10,412 0
Net cash used in investing activities (57,290) (82,656)
Cash flows from financing activities:    
Principal payments on term loan (10,313) 0
Proceeds from issuance of related party debt 0 131,360
Principal payments on related party debt (1,904) (104,894)
Proceeds from the exercise of stock options 2,876 0
Withholding taxes paid on behalf of employees on net settled stock-based awards (27,206) 0
Transfers from IAC/InterActiveCorp for periods prior to the Combination 0 24,178
Purchase of noncontrolling interests (1,289) (12,574)
Other, net 39 34
Net cash (used in) provided by financing activities (37,797) 38,104
Total cash provided 58,624 11,301
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (223) 1,507
Net increase in cash, cash equivalents, and restricted cash 58,401 12,808
Cash, cash equivalents, and restricted cash at beginning of period 221,521 46,925
Cash, cash equivalents, and restricted cash at end of period $ 279,922 $ 59,733