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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net (loss) income $ (70,494,000) $ (4,160,000) $ 35,314,000
Adjustments to reconcile net loss to net cash provided by operating activities:      
Provision for credit losses 88,076,000 78,229,000 64,278,000
Stock-based compensation expense 28,702,000 83,649,000 68,255,000
Depreciation 59,246,000 52,621,000 39,915,000
Amortization of intangibles 16,430,000 42,902,000 55,482,000
Deferred income taxes (36,306,000) (15,278,000) (3,250,000)
Impairment of long-lived and right-of-use assets 12,671,000 169,000 30,000
Non-cash lease expense 12,880,000 13,659,000 12,318,000
Revenue reserves 8,569,000 10,251,000 5,934,000
Other adjustments, net 5,107,000 1,702,000 2,241,000
Changes in assets and liabilities, net of effects of acquisitions and dispositions:      
Accounts receivable (115,379,000) (79,830,000) (78,954,000)
Other assets 923,000 (7,672,000) 1,064,000
Accounts payable and other liabilities 14,018,000 30,597,000 24,332,000
Operating lease liabilities (16,847,000) (13,391,000) (10,705,000)
Income taxes payable and receivable 232,000 (1,243,000) 1,650,000
Deferred revenue (1,619,000) (3,786,000) (3,743,000)
Net cash provided by operating activities 6,209,000 188,419,000 214,161,000
Cash flows from investing activities:      
Acquisitions, net of cash acquired (25,607,000) (2,264,000) (20,341,000)
Capital expenditures (70,215,000) (52,488,000) (68,804,000)
Purchases of marketable debt securities 0 (99,977,000) 0
Proceeds from maturities of marketable debt securities 50,000,000 50,000,000 25,000,000
Net proceeds from the sale of a business 750,000 731,000 23,615,000
Proceeds from sale of fixed assets 0 20,000 0
Other, net 0 24,000 (103,000)
Net cash used in investing activities (45,072,000) (103,954,000) (40,633,000)
Cash flows from financing activities:      
Proceeds from the issuance of Senior Notes 0 500,000,000 0
Principal payments on Term Loan (220,000,000) (27,500,000) (13,750,000)
Debt issuance costs 0 (6,484,000) 0
Principal payments on related party debt 0 0 (1,008,000)
Purchase of treasury stock (35,403,000) (63,674,000) (56,905,000)
Proceeds from the exercise of stock options 0 0 573,000
Withholding taxes paid on behalf of employees on net settled stock-based awards (61,908,000) (64,079,000) (35,284,000)
Distribution from IAC pursuant to the tax sharing agreement 0 3,071,000 (11,355,000)
Purchase of noncontrolling interests (27,857,000) (4,281,000) (71,000)
Other, net 0 0 (3,732,000)
Net cash (used in) provided by financing activities (345,168,000) 337,053,000 (121,532,000)
Total cash (used) provided (384,031,000) 421,518,000 51,996,000
Effect of exchange rate changes on cash and cash equivalents and restricted cash (45,000) 565,000 661,000
Net (decrease) increase in cash and cash equivalents and restricted cash (384,076,000) 422,083,000 52,657,000
Cash and cash equivalents and restricted cash at beginning of period 813,561,000 391,478,000 338,821,000
Cash and cash equivalents and restricted cash at end of period $ 429,485,000 $ 813,561,000 $ 391,478,000