| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-73,859 | -154,740 | -24,010 | -76,350 | |||
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
44,832 | 47,166 | 42,391 | 36,698 | |||
Non-cash leases expense | ||||||
12,537 | 0 | 0 | - | |||
Stock-based compensation expense, net of amounts capitalized | ||||||
60,245 | 131,770 | 34,986 | 32,957 | |||
Amortization of debt discount and issuance costs | ||||||
301 | 902 | 876 | 1,879 | |||
Deferred income taxes | ||||||
-3,676 | -508 | -16,848 | 4,420 | |||
Loss on debt extinguishment | ||||||
0 | -941 | -194 | 0 | |||
Gain on sale of a private company investment | ||||||
1,001 | 999 | 6,800 | 0 | |||
Impairment of property and equipment | ||||||
0 | 2,800 | 0 | 0 | |||
Derecognition of goodwill and intangible assets | ||||||
- | - | - | 15,895 | |||
Other | ||||||
157 | -1,798 | 829 | -2,870 | |||
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
7,239 | 1,958 | -675 | -27 | |||
Prepaid expenses and other assets | ||||||
5,172 | 5,565 | -867 | 3,508 | |||
Accounts payable and accrued liabilities | ||||||
8,318 | 3,564 | -2,061 | 8,682 | |||
Accrued interest on financing lease obligation, net of payments | ||||||
0 | 1,376 | -4,580 | -6,924 | |||
Accrued compensation | ||||||
2,232 | 5,203 | 2,327 | 783 | |||
Deferred revenue | ||||||
31,181 | 16,353 | 8,628 | 4,565 | |||
Operating lease liabilities | ||||||
-13,890 | 0 | 0 | - | |||
Net cash provided by operating activities | ||||||
54,652 | 45,372 | 45,026 | 35,842 | |||
Cash flows from investing activities | ||||||
Acquisitions, net of cash acquired | ||||||
114,603 | 0 | 0 | - | |||
Purchases of property and equipment | ||||||
2,450 | 9,981 | 32,488 | 30,419 | |||
Capitalized internal-use software | ||||||
12,034 | 12,052 | 15,319 | 15,834 | |||
Proceeds from sale of a private company investment | ||||||
1,001 | 999 | 15,453 | -650 | |||
Net cash used in investing activities | ||||||
-128,086 | -21,034 | -32,354 | -46,903 | |||
Cash flows from financing activities | ||||||
Proceeds from initial public offering, net | ||||||
0 | 232,509 | 0 | 0 | |||
Payments of deferred offering costs | ||||||
0 | 7,173 | 0 | 0 | |||
Proceeds from stock option exercises | ||||||
47,678 | 494 | 153 | 201 | |||
Proceeds from employee stock purchase plan | ||||||
5,344 | 0 | 0 | - | |||
Employee payroll taxes paid for net share settlement of restricted stock units | ||||||
0 | 25,807 | 6,934 | 11,934 | |||
Payments to repurchase common stock | ||||||
0 | 16 | 144 | 0 | |||
Payment of deferred acquisition purchase consideration | ||||||
- | - | - | 15,079 | |||
Proceeds from term and revolving debt issuance | ||||||
0 | 0 | 298,500 | 25,000 | |||
Repayment of debt | ||||||
2,200 | 104,050 | 298,883 | 3,090 | |||
Payment of debt issuance costs and other | ||||||
0 | 482 | 1,666 | 0 | |||
Proceeds from tenant improvement allowances under lease financing obligation | ||||||
0 | 0 | 8,360 | 5,516 | |||
Net cash provided by financing activities | ||||||
50,822 | 95,475 | -614 | 614 | |||
Effect of exchange rate changes on cash | ||||||
-76 | -787 | 0 | 0 | |||
Net increase in cash, cash equivalents and restricted cash | ||||||
-22,688 | 119,026 | 12,058 | -10,447 | |||
Supplemental cash flow data: | ||||||
Interest paid for term debt | ||||||
13,502 | 20,466 | 19,864 | 19,828 | |||
Interest paid for financing obligation on leased facility | ||||||
0 | 8,152 | 2,038 | 6,908 | |||
Cash paid for operating leases | ||||||
13,777 | 0 | 0 | - | |||
Income taxes paid | ||||||
756 | 535 | 547 | 1,419 | |||
Non-cash investing and financing transactions: | ||||||
Fair value of common stock issued as acquisition consideration | ||||||
36,204 | 0 | 0 | - | |||
Stock compensation included in capitalized software costs | ||||||
3,503 | 2,609 | 3,119 | 5,867 | |||
Accrued unpaid capital expenditures | ||||||
171 | 322 | 1,214 | 9,343 | |||
Lease liabilities arising from obtaining right-of-use assets | ||||||
7,937 | 0 | 0 | - | |||
Derecognized financing obligation related to building due to adoption of ASC 842 | ||||||
92,009 | 0 | 0 | - | |||
Derecognized building due to adoption of ASC 842 | ||||||
71,781 | 0 | 0 | - | |||