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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (57,284) $ (28,038)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Provision for credit losses 47,926 42,731
Stock-based compensation expense 26,402 11,577
Depreciation 27,353 31,027
Amortization of intangibles 7,608 8,762
Deferred income taxes (12,095) (20,344)
Impairment of long-lived and right-of-use assets 2,195 12,280
Non-cash lease expense 6,612 6,326
Revenue reserves 3,009 4,667
Other adjustments, net 1,976 2,592
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable (84,234) (63,192)
Other assets (11,140) 2,050
Accounts payable and other liabilities 52,661 51,442
Operating lease liabilities (8,624) (8,243)
Income taxes payable and receivable 1,571 315
Deferred revenue 3,143 5,301
Net cash provided by operating activities 7,079 59,253
Cash flows from investing activities:    
Capital expenditures (62,138) (35,713)
Proceeds from maturities of marketable debt securities 0 50,000
Net proceeds from the sale of a business 0 750
Proceeds from sale of fixed assets 164 0
Net cash (used in) provided by investing activities (61,974) 15,037
Cash flows from financing activities:    
Principal payments on Term Loan 0 (220,000)
Purchase of treasury stock (8,144) (5,637)
Withholding taxes paid on behalf of employees on net settled stock-based awards (3,513) (54,596)
Purchase of noncontrolling interests 0 (22,938)
Net cash used in financing activities (11,657) (303,171)
Total cash used (66,552) (228,881)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (983) 546
Net decrease in cash and cash equivalents and restricted cash (67,535) (228,335)
Cash and cash equivalents and restricted cash at beginning of period 429,485 813,561
Cash and cash equivalents and restricted cash at end of period $ 361,950 $ 585,226