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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities    
Net income $ 90,048 $ 181,222
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 70,206 53,701
Stock-based compensation expense 86,862 58,323
Deferred income tax expense (benefit) 6,929 (5,575)
Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies 10,771 2,794
Other non-cash items (13,118) 7,871
Total adjustments to reconcile net income to net cash provided by operating activities 161,650 117,114
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable 302,824 11,314
Inventories (1,357) (1,944)
Prepaid expenses and other current assets (18,416) (7,029)
Other assets (27,533) (23,277)
Income taxes, net (38,020) 7,011
Accounts payable 24,856 20,529
Accrued expenses and other current liabilities (190,809) 17,149
Deferred revenues (92,145) (40,989)
Other liabilities 1,758 3,147
Total changes in operating assets and liabilities, net of the effects of acquisitions (38,842) (14,089)
Net cash provided by operating activities 212,856 284,247
Investing Activities    
Purchases of available-for-sale investments (2,561) (4,420)
Proceeds from maturities of available-for-sale investments 108,761 25,755
Purchases of property and equipment (23,894) (10,503)
Cash paid for acquisitions, net of cash acquired (2,022,618) 0
Cash paid for licensing agreements, patents and technology (2,065) (1,682)
Other 776 884
Net cash (used in) provided by investing activities (1,941,601) 10,034
Financing Activities    
Proceeds from term loan credit agreement, net of issuance costs 997,947 998,846
Repayment of term loan credit agreement 0 (750,000)
Proceeds from senior notes, net of issuance costs 741,393 738,107
Repayment of acquired debt (190,000) 0
Stock repurchases, net 0 (999,903)
Accelerated stock repurchase program 0 (200,000)
Cash paid for tax withholding on vested stock awards (42,303) (54,247)
Cash paid for dividends (45,522) (42,839)
Other (5,438) 0
Net cash provided by (used in) financing activities 1,456,077 (310,036)
Effect of exchange rate changes on cash and cash equivalents (2,484) (5,125)
Change in cash and cash equivalents (275,152) (20,880)
Cash and cash equivalents at beginning of period 752,895 545,761
Cash and cash equivalents at end of period $ 477,743 $ 524,881