| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||
35,314 | 77,507 | -104,527 | 10,631 | -3,996 | ||
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities: | ||||||
Stock-based compensation expense | ||||||
68,255 | 97,078 | 149,230 | 8,916 | 7,853 | ||
Amortization of Intangible Assets | ||||||
55,482 | 62,212 | 23,261 | 3,153 | 3,835 | ||
Bad debt expense | ||||||
64,278 | 47,242 | 27,514 | 17,425 | 13,234 | ||
Depreciation | ||||||
39,915 | 24,310 | 14,543 | 8,419 | 6,593 | ||
Deferred income taxes | ||||||
-3,250 | -8,368 | -48,350 | -3,719 | -3,469 | ||
Gain (Loss) on Disposition of Business | ||||||
-218 | 13,237 | 0 | 0 | - | ||
Other adjustments, net | ||||||
-7,987 | 519 | 911 | -1,142 | -874 | ||
Changes in assets and liabilities, net of effects of acquisitions and dispositions: | ||||||
Accounts receivable | ||||||
78,954 | 47,686 | 33,179 | 23,862 | 16,202 | ||
Other assets | ||||||
-13,382 | 12,959 | -4,523 | 2,972 | 1,823 | ||
Accounts payable and other liabilities | ||||||
13,627 | -576 | 778 | 14,936 | 1,339 | ||
Income taxes payable and receivable | ||||||
1,650 | 725 | -2,054 | 6,932 | 2,459 | ||
Deferred revenue | ||||||
-3,743 | -2,029 | 10,995 | 6,895 | 7,188 | ||
Net cash provided by operating activities | ||||||
214,161 | 223,700 | 41,823 | 47,896 | 17,885 | ||
Acquisition, net of cash acquired | ||||||
20,341 | -3,669 | 66,340 | 15,649 | 0 | ||
Capital expenditures | ||||||
68,804 | 46,976 | 26,837 | 16,660 | 10,170 | ||
Proceeds from maturities of marketable debt securities | ||||||
25,000 | 35,000 | - | - | - | ||
Purchases of marketable debt securities | ||||||
0 | 59,671 | 0 | 0 | - | ||
Net proceeds from the sale of a business | ||||||
23,615 | 0 | 0 | - | - | ||
Proceeds from sale of fixed assets | ||||||
- | 10,412 | - | - | - | ||
Other, net | ||||||
103 | 25 | - | - | - | ||
Net cash (used in) provided by investing activities | ||||||
-40,633 | -57,591 | -93,177 | -32,309 | -10,170 | ||
Borrowings under term loan | ||||||
0 | 0 | 275,000 | 0 | 0 | ||
Principal payments on term loan | ||||||
13,750 | 13,750 | 0 | 0 | - | ||
Debt issuance costs | ||||||
0 | 2,168 | 3,013 | 0 | 0 | ||
Proceeds from issuance of related party debt | ||||||
0 | 0 | 131,360 | 44,838 | 0 | ||
Principal payments on related party debt | ||||||
1,008 | 1,904 | 181,580 | 11,350 | 0 | ||
Purchase of treasury stock | ||||||
56,905 | 0 | 0 | - | - | ||
Proceeds from the exercise of stock options | ||||||
600 | 4,700 | 1,700 | 0 | 0 | ||
Withholding taxes paid on behalf of employees on net settled stock-based awards | ||||||
35,284 | 29,844 | 10,113 | 0 | 0 | ||
Funds returned from (held in) escrow for MyHammer tender offer | ||||||
- | - | - | - | 0 | ||
Transfers from IAC for periods prior to the Combination | ||||||
0 | 0 | 24,178 | -4,305 | -9,525 | ||
Payments of Distributions to Affiliates | ||||||
11,355 | 0 | 0 | - | - | ||
Purchase of noncontrolling interests | ||||||
71 | 6,061 | 12,789 | 209 | 0 | ||
Other, net | ||||||
-3,732 | 13 | 37 | - | 9 | ||
Net cash used in financing activities | ||||||
-121,532 | -49,021 | 224,733 | 28,974 | -9,516 | ||
Total cash (used) provided | ||||||
51,996 | 117,088 | 173,379 | 44,561 | -1,801 | ||
Effect of exchange rate changes on cash and cash equivalents and restricted cash | ||||||
661 | 212 | 1,217 | -98 | -322 | ||
Net (decrease) increase in cash and cash equivalents and restricted cash | ||||||
52,657 | 117,300 | 174,596 | 44,463 | -2,123 | ||