| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net loss | |||||||||||
67,062 | 68,921 | 5,135 | 129,535 | 85,436 | 67,560 | 63,868 | 48,846 | 45,852 | 27,195 | 19,626 | 10,582 |
Adjustments to reconcile net loss to net cash flows from operating activities: | |||||||||||
Depreciation | |||||||||||
24,092 | 23,805 | 24,871 | 22,584 | 21,656 | 20,506 | 18,751 | 13,284 | 7,541 | 6,651 | 6,338 | 6,506 |
Amortization | |||||||||||
98,477 | 73,545 | 77,353 | 80,870 | 75,775 | 66,177 | 51,216 | 37,497 | 20,836 | 19,696 | 17,389 | 15,544 |
Amortization of operating lease right-of-use assets | |||||||||||
15,934 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Amortization of deferred debt issuance costs | |||||||||||
4,128 | 4,637 | 4,286 | 5,567 | 6,244 | 5,877 | 5,388 | 2,450 | 597 | - | - | - |
Provision for doubtful accounts receivable | |||||||||||
- | - | - | - | - | - | - | - | - | 3,116 | - | - |
Tax expense of intellectual property shift | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,942 |
Deferred income taxes | |||||||||||
-22,140 | -5,734 | 21,660 | 17,702 | 19,328 | 8,437 | 9,573 | 4,775 | 7,513 | 11,644 | -4,363 | 4,739 |
Stock-based compensation expense | |||||||||||
36,800 | 20,400 | 13,700 | 43,613 | 18,380 | 11,045 | 13,572 | 15,186 | 11,254 | 7,790 | 7,645 | 7,888 |
Excess tax benefit of stock-based compensation | |||||||||||
- | - | - | - | - | - | 6,960 | 3,543 | 1,879 | 140 | -114 | 357 |
Gain on sale of available-for-sale equity securities | |||||||||||
- | - | - | - | 24,465 | - | - | - | - | - | - | - |
Gain on sale of CFS assets | |||||||||||
- | - | - | 151,463 | - | - | - | - | - | - | - | - |
Other | |||||||||||
-5,175 | -2,007 | -435 | -806 | -2,725 | -1,852 | 593 | -150 | -54 | -909 | -943 | 5,258 |
Changes in operating assets and liabilities, net of impact of acquisitions: | |||||||||||
Receivables | |||||||||||
19,054 | 14,760 | 8,243 | 76,460 | 11,355 | 30,643 | -22,496 | 61,965 | 21,247 | -11,214 | 10,365 | 5,401 |
Other current and noncurrent assets | |||||||||||
- | - | - | - | - | - | - | - | - | 818 | -68 | 187 |
Other noncurrent assets | |||||||||||
- | - | - | - | - | - | - | - | - | 2,259 | -1,387 | -617 |
Accounts payable | |||||||||||
-7,703 | 5,766 | -1,700 | -13,920 | 8,557 | -3,422 | -13,548 | 5,981 | -4,963 | -2,318 | -1,680 | -2,494 |
Accrued employee compensation | |||||||||||
-10,829 | -9,684 | 94 | 18,060 | -1,998 | -6,360 | -24,501 | -29,026 | 1,733 | 1,483 | 3,492 | 51 |
Repayment of IBM Alliance agreement liability | |||||||||||
- | - | - | - | - | - | - | -20,667 | - | - | - | - |
Accrued liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | -7,766 | -8,412 | -2,609 |
Current income taxes | |||||||||||
-1,137 | -5,115 | -4,227 | 14,510 | -8,244 | 10,968 | 9,360 | -5,660 | 6,301 | -4,224 | 6,029 | 2,130 |
Deferred revenue | |||||||||||
-37,561 | 14,219 | 439 | 3,015 | -4,513 | 15,738 | -23,613 | -11,816 | 14,809 | 14,715 | 8,412 | -7,012 |
Other current and noncurrent assets and liabilities | |||||||||||
15,558 | -5,965 | -12,411 | -5,411 | -468 | 6,902 | -13,409 | 4,757 | 4,939 | - | - | - |
Other current and noncurrent liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | -5,580 | -2,406 | 40,935 |
Other current and noncurrent liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -1,020 |
Net cash flows from operating activities | |||||||||||
137,649 | 183,932 | 146,197 | 99,830 | 187,994 | 160,833 | 138,418 | -9,265 | 83,462 | 81,308 | 44,217 | 77,826 |
Cash flows from investing activities: | |||||||||||
Purchases of property and equipment | |||||||||||
23,099 | 18,265 | 25,717 | 40,812 | 27,283 | 17,627 | 21,104 | 13,050 | 10,668 | 4,957 | 2,942 | 7,021 |
Purchases of software and distribution rights | |||||||||||
24,915 | 25,628 | 28,697 | 22,268 | 21,622 | 17,273 | 11,497 | 3,612 | 8,309 | 8,209 | 7,529 | 4,936 |
Proceeds from sale of available-for-sale equity securities | |||||||||||
- | - | - | - | 35,311 | - | - | - | - | - | - | - |
Proceeds from sale of CFS assets | |||||||||||
- | - | - | 199,481 | - | - | - | - | - | - | - | - |
Purchase of available-for-sale securities | |||||||||||
- | - | - | - | - | - | - | - | 10,000 | - | - | - |
Acquisition of businesses, net of cash acquired | |||||||||||
757,268 | 0 | 0 | -232 | 179,367 | 204,290 | 378,113 | 325,232 | 16,850 | - | 7,047 | 169 |
Other | |||||||||||
25,199 | 1,467 | 0 | 7,000 | 7,000 | 1,500 | - | 1,046 | 1,856 | 6,183 | 6,899 | 6,328 |
Proceeds from alliance agreement, net of common stock warrants | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,498 |
Proceeds from transfer of assets under contractual arrangements | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,050 | - |
Net cash flows from investing activities | |||||||||||
-830,481 | -45,360 | -54,414 | 129,633 | -199,961 | -240,690 | -410,714 | -342,940 | -47,683 | -19,349 | -23,367 | -16,956 |
Cash flows from financing activities: | |||||||||||
Proceeds from issuance of common stock | |||||||||||
3,591 | 3,098 | 2,958 | 2,987 | 3,104 | 2,780 | 2,186 | 1,426 | 1,273 | 1,132 | 1,243 | 1,704 |
Proceeds from exercises of stock options | |||||||||||
12,985 | 19,674 | 13,872 | 9,325 | 12,175 | 16,461 | 19,561 | 16,730 | 4,478 | 3,147 | 1,811 | 3,841 |
Repurchase of stock-based compensation awards for tax withholdings | |||||||||||
3,986 | 2,588 | 5,311 | 2,975 | 4,649 | 5,120 | 6,222 | 3,273 | 742 | 562 | 622 | - |
Excess tax benefit of stock-based compensation | |||||||||||
- | - | - | - | - | - | 6,960 | 3,543 | 1,879 | 140 | 88 | 142 |
Repurchases of common stock | |||||||||||
35,617 | 54,527 | 37,387 | 60,089 | - | 70,000 | 80,912 | 57,836 | - | 18,624 | 15,000 | 30,063 |
Proceeds from senior notes | |||||||||||
0 | 400,000 | 0 | - | - | - | 300,000 | - | - | - | - | - |
Redemption of senior notes | |||||||||||
0 | 300,000 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from exercises of common stock warrants | |||||||||||
- | - | - | - | - | - | - | 11,866 | - | - | - | - |
Cash settlement of common stock warrants | |||||||||||
- | - | - | - | - | - | - | 29,596 | - | - | - | - |
Proceeds from revolving credit facility | |||||||||||
280,000 | 109,000 | 67,000 | 76,000 | 298,000 | 169,500 | 40,000 | 119,000 | 150,000 | - | - | - |
Repayment of revolving credit facility | |||||||||||
41,000 | 111,000 | 153,000 | 166,000 | 164,000 | 125,500 | 228,000 | 6,000 | 150,000 | - | - | - |
Proceeds from term portion of credit agreement | |||||||||||
500,000 | 0 | 415,000 | - | - | 150,000 | 300,000 | 200,000 | - | - | - | - |
Repayment of term portion of credit agreement | |||||||||||
28,900 | 109,289 | 386,040 | 95,293 | 87,352 | 57,449 | 30,867 | 13,750 | - | - | - | - |
Payments of Debt Issuance Costs | |||||||||||
12,830 | 7,319 | 5,340 | 655 | - | 4,662 | 17,042 | 1,094 | 11,789 | - | - | - |
Payments on or proceeds from other debt, net | |||||||||||
-7,020 | -4,753 | -9,900 | 14,376 | 12,638 | 8,344 | 14,024 | 7,115 | 3,820 | 1,576 | 1,576 | 3,311 |
Distribution to noncontrolling interest | |||||||||||
- | - | - | - | - | 1,391 | - | - | - | 1,232 | - | - |
Net cash flows from financing activities | |||||||||||
667,223 | -57,704 | -98,148 | -251,076 | 44,640 | 66,275 | 291,640 | 233,901 | -8,721 | -17,575 | -14,056 | -27,687 |
Effect of exchange rate fluctuations on cash | |||||||||||
-1,495 | -2,076 | 322 | -4,873 | -7,735 | -4,176 | -614 | -2,465 | -1,270 | 1,009 | 6,157 | -17,228 |
Net increase (decrease) in cash and cash equivalents | |||||||||||
-27,104 | 78,792 | -6,043 | -26,486 | 24,938 | -17,758 | 18,730 | -120,769 | 25,788 | 45,393 | 12,951 | 15,955 |
Supplemental cash flow information | |||||||||||
Income taxes paid | |||||||||||
27,727 | 32,205 | 37,817 | 19,081 | 24,036 | 23,082 | 20,191 | 28,900 | 19,014 | 24,928 | 15,202 | 9,940 |
Interest paid | |||||||||||
58,980 | 35,300 | 34,976 | 35,053 | 35,183 | 33,269 | 14,598 | 8,275 | 1,783 | 1,663 | 3,564 | 4,392 |