| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||
Net loss | ||||||||
-80,332 | -73,859 | -77,763 | -163,815 | -157,800 | -154,740 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
47,390 | 44,832 | 44,289 | 44,059 | 44,917 | 47,166 | 0 | 0 | 0 |
Non-cash leases expense | ||||||||
12,909 | 12,537 | 9,185 | 6,059 | 3,051 | 0 | 0 | 0 | 0 |
Stock-based compensation expense, net of amounts capitalized | ||||||||
62,636 | 60,245 | 60,713 | 144,743 | 138,341 | 131,770 | 0 | 0 | 0 |
Amortization of debt discount and issuance costs | ||||||||
- | - | - | - | - | 902 | 0 | 0 | 0 |
Deferred income taxes | ||||||||
-3,674 | -3,676 | -2,805 | -1,218 | -556 | -508 | 0 | 0 | 0 |
Gain on sale of a private company investment | ||||||||
1,001 | 1,001 | 1,001 | 1,001 | 1,001 | 999 | 0 | 0 | 0 |
Other | ||||||||
-314 | 157 | -1,707 | -1,673 | -1,469 | -1,798 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
8,934 | 7,239 | 1,209 | 2,974 | 1,032 | 1,958 | 0 | 0 | 0 |
Prepaid expenses and other assets | ||||||||
5,196 | 5,172 | 3,022 | 5,199 | 5,892 | 5,565 | 0 | 0 | 0 |
Accounts payable and accrued liabilities | ||||||||
7,974 | 8,318 | 4,923 | 2,936 | 5,456 | 3,564 | 0 | 0 | 0 |
Accrued interest on financing lease obligation, net of payments | ||||||||
- | - | - | - | - | 1,376 | 0 | 0 | 0 |
Accrued compensation | ||||||||
139 | 2,232 | 4,450 | 2,446 | 4,293 | 5,203 | 0 | 0 | 0 |
Deferred revenue | ||||||||
32,835 | 31,181 | 23,570 | 20,418 | 16,200 | 16,353 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||
-14,279 | -13,890 | -10,237 | -6,731 | -3,438 | 0 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||
51,082 | 54,652 | 56,623 | 45,053 | 47,412 | 45,372 | 0 | 0 | 0 |
Cash flows from investing activities | ||||||||
Purchases of property and equipment | ||||||||
2,275 | 2,450 | 3,196 | 6,507 | 9,682 | 9,981 | 0 | 0 | 0 |
Capitalized internal-use software | ||||||||
11,830 | 12,034 | 12,788 | 13,112 | 12,562 | 12,052 | 0 | 0 | 0 |
Proceeds from sale of a private company investment | ||||||||
1,001 | 1,001 | 1,001 | 1,001 | 1,001 | 999 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||
-127,707 | -128,086 | -129,586 | -71,756 | -21,243 | -21,034 | 0 | 0 | 0 |
Cash flows from financing activities | ||||||||
Proceeds from stock option exercises | ||||||||
53,853 | 47,678 | 41,900 | 37,909 | 8,133 | 494 | 0 | 0 | 0 |
Employee payroll taxes paid for net share settlement of restricted stock units | ||||||||
- | - | - | - | - | 25,807 | 0 | 0 | 0 |
Repayment of debt | ||||||||
2,200 | 2,200 | 103,450 | 103,650 | 103,850 | 104,050 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
56,997 | 50,822 | -66,297 | 139,170 | 105,079 | 95,475 | 0 | 0 | 0 |
Effect of exchange rate changes on cash | ||||||||
-1,299 | -76 | -1,222 | -842 | -831 | -787 | 0 | 0 | 0 |
Net increase in cash, cash equivalents and restricted cash | ||||||||
-20,927 | -22,688 | -140,482 | 111,625 | 130,417 | 119,026 | 0 | 0 | 0 |
Supplemental cash flow data: | ||||||||
Interest paid for term debt | ||||||||
13,046 | 13,502 | 14,412 | 16,566 | 18,763 | 20,466 | 0 | 0 | 0 |
Interest paid for financing obligation on leased facility | ||||||||
- | - | - | - | - | 8,152 | 0 | 0 | 0 |
Cash paid for operating leases | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 0 |
Income taxes paid | ||||||||
512 | 756 | 1,045 | 1,161 | 815 | 535 | 0 | 0 | 0 |
Non-cash investing and financing transactions: | ||||||||
Stock compensation included in capitalized software costs | ||||||||
3,326 | 3,503 | 4,247 | 3,884 | 3,235 | 2,609 | 0 | 0 | 0 |
Accrued unpaid capital expenditures | ||||||||
-142 | 171 | -1 | -1,455 | -1,054 | 322 | 0 | 0 | 0 |
Proceeds receivable from stock option exercises | ||||||||
0 | - | - | - | 0 | - | - | - | 0 |
Derecognized financing obligation related to building due to adoption of ASC 842 | ||||||||
0 | 92,009 | 92,009 | 92,009 | 92,009 | 0 | 0 | 0 | 0 |
Derecognized building due to adoption of ASC 842 | ||||||||
0 | 71,781 | 71,781 | 71,781 | 71,781 | 0 | 0 | 0 | 0 |