| Jun'18 | Jun'17 | Jun'16 | ||||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Loss before income tax benefit (expense) | ||||||
-65,834 | -59,652 | -4,907 | ||||
Adjustments to reconcile loss before income tax benefit (expense) to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
79,435 | 61,546 | 21,926 | ||||
Net loss (gain) on sale of investments and other assets | ||||||
1,163 | 397 | -165 | ||||
Net unrealized foreign currency loss (gain) | ||||||
-188 | 93 | 152 | ||||
Share-based payment expense | ||||||
162,873 | 137,448 | 75,480 | ||||
Net unrealized loss on exchange derivative and capped calls | ||||||
12,414 | 0 | 0 | ||||
Amortization of debt discount and issuance costs | ||||||
7,478 | 0 | 0 | ||||
Interest income | ||||||
9,877 | 4,851 | 2,116 | ||||
Interest expense | ||||||
1,113 | 0 | 0 | ||||
Changes in assets and liabilities: | ||||||
Trade receivables | ||||||
-19,635 | -10,208 | -3,487 | ||||
Prepaid expenses and other assets | ||||||
-7,293 | -5,647 | -4,203 | ||||
Trade and other payables, provisions and other non-current liabilities | ||||||
43,477 | 10,947 | 11,622 | ||||
Deferred revenue | ||||||
104,223 | 72,604 | 44,503 | ||||
Interest received | ||||||
8,679 | 6,540 | 2,839 | ||||
Income tax paid, net of refunds | ||||||
4,246 | 9,042 | 12,432 | ||||
Net cash provided by operating activities | ||||||
311,456 | 199,381 | 129,542 | ||||
Investing activities | ||||||
Business combinations, net of cash acquired | ||||||
0 | 381,090 | 0 | ||||
Purchases of property and equipment | ||||||
30,209 | 15,129 | 34,213 | ||||
Purchases of intangible assets | ||||||
0 | 925 | 0 | ||||
Proceeds from sale of other assets | ||||||
2,775 | 342 | 0 | ||||
Purchases of investments | ||||||
347,822 | 423,540 | 569,067 | ||||
Proceeds from maturities of investments | ||||||
206,119 | 111,403 | 65,294 | ||||
Proceeds from sales of investments | ||||||
123,862 | 488,672 | 49,501 | ||||
Increase in restricted cash | ||||||
-3,131 | -3,371 | 0 | ||||
Payment of deferred consideration | ||||||
3,290 | 935 | 1,025 | ||||
Net cash used in investing activities | ||||||
-51,696 | -224,573 | -489,510 | ||||
Financing activities | ||||||
Proceeds from issuance of ordinary shares upon initial public offering, net of discount and issuance costs | ||||||
0 | 0 | 431,447 | ||||
Proceeds from exercise of share options | ||||||
3,995 | 9,438 | 6,732 | ||||
Employee payroll taxes paid related to net share settlement of equity awards | ||||||
0 | 0 | 5,395 | ||||
Proceeds from issuance of exchangeable senior notes, net of discount and issuance costs | ||||||
990,494 | 0 | 0 | ||||
Purchase of capped calls | ||||||
87,700 | 0 | 0 | ||||
Net cash provided by financing activities | ||||||
906,789 | 9,438 | 432,784 | ||||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-630 | 465 | -201 | ||||
Net increase (decrease) in cash and cash equivalents | ||||||
1,165,919 | -15,289 | 72,615 | ||||