| Aug'18 | ||||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income | ||||||
31,399 | ||||||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation | ||||||
16,441 | ||||||
Amortization | ||||||
1,028 | ||||||
Share-based compensation | ||||||
21,447 | ||||||
Gain from step acquisitions | ||||||
546 | ||||||
Income from short-term investments | ||||||
2,701 | ||||||
Share of net loss (income) from equity investees | ||||||
678 | ||||||
Changes in operating assets and liabilities: | ||||||
Prepayments and other current assets | ||||||
24,463 | ||||||
Amounts due from related parties | ||||||
-11,897 | ||||||
Deferred tax assets | ||||||
7,032 | ||||||
Deferred tax liabilities | ||||||
3,445 | ||||||
Other non-current assets | ||||||
5,119 | ||||||
Accrued expenses and other current liabilities | ||||||
19,214 | ||||||
Income taxes payable | ||||||
1,131 | ||||||
Prepayments from customers | ||||||
60,847 | ||||||
Unrecognized tax benefit | ||||||
684 | ||||||
Net cash provided by operating activities | ||||||
126,994 | ||||||
Cash flows from investing activities | ||||||
Purchase of short-term investments | ||||||
257,858 | ||||||
Proceeds from sales of short-term investments | ||||||
206,886 | ||||||
Income from short-term investments | ||||||
2,701 | ||||||
Purchase of long-term investments | ||||||
54,066 | ||||||
Disposal of investments | ||||||
38 | ||||||
Purchase of property and equipment | ||||||
35,438 | ||||||
Proceeds from disposals of property and equipment | ||||||
146 | ||||||
Acquisition of subsidiaries, net of cash acquired | ||||||
33,601 | ||||||
Net cash used in investing activities | ||||||
-171,192 | ||||||
Cash flows from financing activities | ||||||
Proceeds from initial public offering | ||||||
153,537 | ||||||
Initial public offering issuance costs | ||||||
3,917 | ||||||
Proceeds from issuance of Series A-1 redeemable convertible preferred shares, net of issuance costs | ||||||
269,443 | ||||||
Proceeds from bank loans | ||||||
67,350 | ||||||
Repayment of bank loans | ||||||
2,196 | ||||||
Acquisition of non-controlling interests | ||||||
2,009 | ||||||
Capital contributed from non-controlling interests | ||||||
176 | ||||||
Distribution to a non-controlling interest | ||||||
502 | ||||||
Distribution to shareholders | ||||||
386,332 | ||||||
Net cash (used in)/ provided by financing activities | ||||||
95,550 | ||||||
Effect of exchange rate changes | ||||||
11,456 | ||||||
Net increase in cash and cash equivalents | ||||||
62,808 | ||||||
Supplemental disclosure of cash flow information: | ||||||
Interest paid | ||||||
2,121 | ||||||
Income tax paid | ||||||
16,783 | ||||||
Supplemental disclosure of non-cash investing activities: | ||||||
Purchase of property and equipment included in accrued expenses and other current liabilities | ||||||
3,547 | ||||||
Purchase of long-term investments included in accrued expenses and other current liabilities | ||||||
3,703 | ||||||