| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | |||||||||
Net income | |||||||||
62,480 | 15,930 | -12,208 | -19,420 | -20,008 | -146,404 | -67,372 | 13,001 | 27,214 | 20,584 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
8,975 | 7,767 | 11,377 | 15,087 | 18,867 | 26,097 | 32,325 | 31,150 | 27,272 | 18,791 |
Impairment of goodwill | |||||||||
- | - | - | - | - | 95,641 | 92,350 | - | - | - |
Write-off of bank loan upfront fees | |||||||||
- | - | - | - | 809 | - | 680 | - | - | - |
Provision for sales returns and doubtful accounts receivable | |||||||||
9,343 | 525 | 291 | 789 | 142 | -104 | -781 | 84 | -35 | -751 |
Stock-based compensation | |||||||||
14,128 | 10,182 | 8,898 | 10,968 | 9,855 | 10,429 | 12,016 | 12,996 | 13,950 | 13,371 |
Deferred income taxes | |||||||||
-52,019 | -51 | -430 | - | - | - | - | - | - | - |
Impairment of investment | |||||||||
0 | 0 | 2,500 | 0 | - | - | - | - | - | - |
Gains on sale of domain names | |||||||||
- | - | - | - | 3,331 | 1,413 | - | - | - | - |
Excess tax benefits from stock-based compensation | |||||||||
- | - | - | - | - | 543 | 156 | 197 | 7,458 | 1,859 |
Other adjustments, net | |||||||||
610 | -1,108 | -116 | -65 | 247 | 296 | 146 | 598 | -99 | 1,622 |
Changes in assets and liabilities: | |||||||||
Accounts receivable | |||||||||
8,321 | 24,958 | -2,868 | 1,767 | 4,403 | 3,484 | -15,309 | 1,983 | -3,885 | 14,403 |
Prepaid expenses and other assets | |||||||||
545 | -1,910 | -830 | -4,448 | 181 | 6,254 | -3,344 | 2,617 | -4,947 | -29 |
Deferred taxes | |||||||||
- | - | - | 496 | -1,786 | -45,075 | 30,758 | -2,782 | 3,252 | 6,771 |
Other assets, noncurrent | |||||||||
-634 | -1,096 | -891 | 8,179 | 5 | -77 | - | - | -120 | -11 |
Accounts payable | |||||||||
4,534 | 7,350 | 5,394 | -505 | 2,030 | 539 | -4,582 | -376 | 6,375 | 3,363 |
Accrued liabilities | |||||||||
-3,368 | 8,489 | -1,155 | 608 | 494 | -161 | -1,382 | -7,405 | 2,552 | 7,900 |
Deferred revenue | |||||||||
46 | -411 | -74 | -8 | 33 | -702 | -725 | -242 | 1,043 | -112 |
Other liabilities, noncurrent | |||||||||
1,468 | 258 | -530 | -445 | -202 | -558 | 251 | -1,416 | 1,459 | -22 |
Net cash provided by operating activities | |||||||||
37,965 | 26,979 | 18,536 | 1,015 | 6,133 | 18,377 | 50,665 | 46,375 | 78,171 | 38,509 |
Cash Flows from Investing Activities | |||||||||
Capital expenditures | |||||||||
1,972 | 610 | 1,160 | 1,859 | 3,346 | 5,455 | 1,341 | 2,268 | 5,363 | 2,710 |
Business acquisitions | |||||||||
32,737 | 14,154 | 0 | 0 | 500 | 875 | - | 60,075 | 91,838 | 68,176 |
Other intangibles | |||||||||
- | - | - | - | - | 2,816 | 2,515 | - | - | - |
Internal software development costs | |||||||||
2,336 | 2,146 | 2,185 | 3,482 | 2,342 | 2,494 | 2,511 | 2,379 | 1,841 | 1,414 |
Purchases of marketable securities | |||||||||
- | - | - | - | 16,600 | 50,770 | 51,030 | 46,864 | 54,433 | - |
Proceeds from maturities of marketable securities | |||||||||
- | - | - | - | 26,849 | 49,768 | 49,911 | 45,002 | 19,227 | - |
Proceeds from sales of marketable securities | |||||||||
- | - | - | - | 28,427 | - | - | - | - | - |
Purchase of investment | |||||||||
- | - | - | - | 2,500 | - | - | - | - | - |
Proceeds from sale of investment | |||||||||
- | - | - | - | - | 1,437 | - | - | - | - |
Proceeds from sale of domain names | |||||||||
- | - | - | - | 3,371 | 476 | - | - | - | - |
Restricted cash | |||||||||
- | - | - | 0 | 99 | - | - | - | - | - |
Other investing activities | |||||||||
-56 | -1,061 | 26 | -139 | -10 | 2 | -17 | -30 | 515 | -67 |
Net cash provided by (used in) investing activities | |||||||||
-36,989 | -15,849 | -3,371 | -5,202 | 33,270 | -10,731 | -7,469 | -66,554 | -134,763 | -72,233 |
Cash Flows from Financing Activities | |||||||||
Net proceeds from issuance of common stock | |||||||||
- | - | - | - | - | - | - | - | 106 | -136,790 |
Proceeds from exercise of common stock options | |||||||||
7,789 | 11,028 | 0 | 26 | 1,300 | 3,329 | 457 | 4,698 | 16,710 | 1,640 |
Proceeds from bank debt | |||||||||
- | - | - | - | - | - | - | 5,884 | 24,425 | 43,300 |
Principal payments on bank debt | |||||||||
- | - | - | - | - | - | - | 5,125 | 3,963 | 3,100 |
Payment of bank loan upfront fees | |||||||||
- | - | - | - | 272 | - | 200 | 1,370 | - | - |
Principal payments on acquisition-related notes payable | |||||||||
- | - | - | 41 | 484 | 2,953 | 8,128 | 3,366 | 11,452 | 15,450 |
Excess tax benefits from stock-based compensation | |||||||||
- | - | - | - | - | 543 | 156 | 197 | 7,458 | 1,859 |
Payment of withholding taxes related to release of restricted stock, net of share settlement | |||||||||
9,891 | 6,487 | 1,018 | 2,482 | 1,163 | 1,958 | 244 | 417 | - | - |
Post-closing payments and contingent consideration related to acquisitions | |||||||||
1,952 | 0 | 0 | - | - | - | - | - | - | - |
Repurchases of common stock | |||||||||
0 | 647 | 2,487 | 0 | - | - | 6,157 | 43,948 | - | 715 |
Proceeds from revolving loan facility | |||||||||
- | - | - | - | 15,000 | - | - | - | - | - |
Principal payments on term loan facility | |||||||||
- | - | - | - | 77,500 | 12,500 | 7,500 | - | - | - |
Repayment of revolving loan facility | |||||||||
0 | 0 | 15,000 | 0 | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||
-4,054 | 3,894 | -18,505 | -2,497 | -63,119 | -13,539 | -21,616 | -43,447 | 33,072 | 164,324 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||
26 | 105 | -33 | -74 | 7 | -47 | 6 | -133 | 40 | -12 |
Net increase in cash, cash equivalents and restricted cash | |||||||||
-3,052 | 15,129 | -3,373 | -6,758 | -23,709 | -5,940 | 21,586 | -63,759 | -23,480 | 130,588 |
Supplemental Disclosure of Cash Flow Information | |||||||||
Cash paid for interest | |||||||||
0 | 0 | 295 | 643 | 3,052 | 3,762 | 4,333 | 3,786 | 4,128 | 3,860 |
Cash paid for income taxes | |||||||||
334 | 245 | 390 | 863 | 237 | 1,569 | 2,163 | 13,721 | 16,885 | 22,109 |
Supplemental Disclosure of Non-cash Investing and Financing Activities | |||||||||
Post-closing payments unpaid at acquisition date (See Note 6) | |||||||||
17,893 | 0 | 0 | - | - | - | - | - | - | - |
Contingent consideration unpaid at acquisition date (See Note 6) | |||||||||
5,058 | 0 | 0 | - | - | - | - | - | - | - |
Conversion of preferred stock to common stock | |||||||||
- | - | - | - | - | - | - | - | - | 43,403 |
Short term payables | |||||||||
- | - | - | - | - | - | 2,500 | - | - | - |
Purchases of property and equipment included in accrued liabilities | |||||||||
230 | 215 | 98 | 0 | 1,832 | - | 2,041 | - | - | - |
Notes payable issued in connection with business acquisitions | |||||||||
- | - | - | - | - | - | - | 5,096 | 3,311 | 14,501 |
Retirement of treasury stock | |||||||||
0 | 647 | 2,487 | 0 | - | - | 6,157 | 51,727 | - | - |