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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net earnings (loss) $ 9,851 $ (9,114)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Stock-based compensation expense 19,282 24,906
Amortization of intangibles 14,539 16,306
Bad debt expense 14,310 9,434
Depreciation 6,999 6,184
Deferred income taxes (14,377) (4,178)
Other adjustments, net 1,352 (63)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable (39,729) (17,650)
Other assets 1,159 (13,748)
Accounts payable and other liabilities 11,856 (5,329)
Income taxes payable and receivable 146 162
Deferred revenue 1,314 4,191
Net cash provided by operating activities 26,702 11,101
Cash flows from investing activities:    
Acquisition, net of cash acquired (20,341)  
Capital expenditures (15,177) (8,886)
Proceeds from maturities of marketable debt securities 25,000  
Net proceeds from the sale of a business 23,655 0
Proceeds from sale of fixed assets   10,410
Other, net (103)  
Net cash provided by investing activities 13,034 1,524
Cash flows from financing activities:    
Principal payments on term loan (3,438) (3,438)
Principal payments on related party debt (1,008) (618)
Proceeds from the exercise of stock options 573 1,752
Withholding taxes paid on behalf of employees on net settled stock-based awards (16,544) (2,925)
Distribution to IAC pursuant to the tax sharing agreement (11,355) 0
Purchase of noncontrolling interests 0 (234)
Other, net   39
Net cash used in financing activities (31,772) (5,424)
Total cash provided 7,964 7,201
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 401 22
Net increase in cash, cash equivalents, and restricted cash 8,365 7,223
Cash, cash equivalents, and restricted cash at beginning of period 338,821 221,521
Cash, cash equivalents, and restricted cash at end of period $ 347,186 $ 228,744