| Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||
35,683 | 70,220 | -3,454 | -26,246 | 22,228 | 36,402 | 58,776 | 58,804 | 40,625 | 28,585 | 17,100 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
91,532 | 88,915 | 105,730 | 114,257 | 106,300 | 99,464 | 55,968 | 57,097 | 53,040 | 48,951 | 49,290 |
Provision for doubtful accounts | ||||||||||
2,572 | 2,746 | 559 | 1,791 | 669 | 423 | 1,112 | 734 | 1,055 | 1,863 | 849 |
Stock-based compensation, excluding cash-settled awards | ||||||||||
82,698 | 66,657 | 69,296 | 65,421 | 64,387 | 54,314 | 30,173 | 21,004 | 21,781 | 28,784 | 31,195 |
Amortization of discount on convertible notes | ||||||||||
12,490 | 11,850 | 11,243 | 10,668 | 10,123 | 6,014 | 0 | 0 | - | - | - |
Deferred Income Tax Expense (Benefit) | ||||||||||
2,145 | -3,017 | -7,533 | -16,941 | -5,640 | -47,331 | 2,553 | 328 | -11,101 | -1,092 | -62 |
Excess tax benefits from stock award plans | ||||||||||
- | - | - | 6 | 523 | 298 | 64 | 139 | 847 | -815 | - |
Non-cash (gains) losses on derivative financial instruments, net | ||||||||||
599 | 2,511 | -17 | -323 | 394 | 3,986 | 346 | -399 | -896 | -5,863 | -14,709 |
Gain (Loss) on Extinguishment of Debt | ||||||||||
0 | 0 | -2,150 | 0 | 0 | -12,546 | -9,879 | 0 | -8,136 | 0 | - |
Other non-cash items, net | ||||||||||
-4,544 | 2,328 | 428 | -7,666 | -12,343 | -8,928 | 1,964 | 5,297 | 802 | -1,139 | -1,443 |
Changes in operating assets and liabilities, net of effects of business combinations: | ||||||||||
Accounts receivable | ||||||||||
6,894 | 21,520 | 23,512 | 353 | -3,433 | 54,921 | 23,387 | 13,809 | 2,942 | 24,574 | 13,910 |
Contract assets | ||||||||||
1,470 | -5,751 | 0 | 0 | - | - | - | - | - | - | - |
Inventories | ||||||||||
-1,752 | 8,208 | 2,865 | 286 | 3,258 | 4,223 | -3,105 | 1,957 | -1,080 | 3,471 | -5,686 |
Deferred cost of revenue | ||||||||||
- | - | - | -7,124 | -6,187 | 677 | 6,148 | -11,421 | -3,199 | -16,616 | -14,082 |
Prepaid expenses and other assets | ||||||||||
-13,523 | 4,753 | 1,748 | -4,941 | 2,886 | -21,412 | -33,487 | 17,577 | -6,339 | -9,924 | 11,542 |
Accounts payable and accrued expenses | ||||||||||
-14,488 | -15,648 | 10,158 | -9,521 | -15,260 | 33,412 | 23,444 | -598 | -7,192 | 15,839 | 12,912 |
Contract liabilities | ||||||||||
27,575 | 32,919 | 9,686 | 8,705 | -12,364 | 24,057 | -1,994 | -6,104 | -3,424 | -51,226 | -21,143 |
Other liabilities | ||||||||||
-13,290 | -7,328 | 8,599 | 4,987 | -28,515 | 8,356 | -6,513 | 19,078 | -3,326 | -5,933 | 471 |
Other, net | ||||||||||
-131 | -1,506 | 1,571 | 115 | -73 | 167 | -203 | -1 | 19 | -67 | 243 |
Net cash provided by operating activities | ||||||||||
237,904 | 215,251 | 176,327 | 172,415 | 156,903 | 193,725 | 178,284 | 123,385 | 106,498 | 70,520 | 100,837 |
Cash flows from investing activities: | ||||||||||
Payments to Acquire Businesses, Net of Cash Acquired | ||||||||||
74,096 | 90,022 | 102,978 | 141,803 | 31,358 | 605,279 | 32,767 | 660 | 109,780 | 23,485 | 96 |
Purchases of property and equipment | ||||||||||
35,028 | 31,686 | 35,530 | 27,540 | 25,265 | 23,134 | 15,725 | 16,045 | 13,080 | 8,536 | 4,965 |
Purchases of investments | ||||||||||
47,407 | 59,065 | 11,875 | 36,761 | 92,808 | 21,175 | 197,749 | 13,593 | 0 | 0 | - |
Settlements of derivative financial instruments not designated as hedges | ||||||||||
-3,093 | -1,335 | 1,558 | 349 | -766 | -3,858 | 359 | 270 | 1,313 | 34,783 | 19,414 |
Maturities and sales of investments | ||||||||||
59,324 | 33,118 | 8,721 | 89,342 | 71,457 | 13,653 | 178,820 | 0 | 245 | 0 | - |
Cash paid for capitalized software development costs | ||||||||||
17,222 | 7,320 | 3,126 | 2,338 | 5,027 | 6,083 | 6,668 | 3,916 | 3,399 | 2,527 | 2,715 |
Change in restricted cash and bank time deposits, including long-term portion | ||||||||||
14,215 | 21,304 | -362 | -3,007 | -11,133 | 36,291 | -7,677 | 1,212 | -479 | 8,502 | -2,591 |
Other investing activities | ||||||||||
250 | 779 | 210 | 0 | 4,498 | 2,384 | -2,575 | 0 | - | - | - |
Net cash used in investing activities | ||||||||||
-125,801 | -175,723 | -146,194 | -116,442 | -75,600 | -676,835 | -64,196 | -35,696 | -126,848 | -77,833 | -24,599 |
Cash flows from financing activities: | ||||||||||
Proceeds from borrowings, net of original issuance discount | ||||||||||
45,000 | 0 | 444,341 | 0 | 0 | 1,526,750 | 646,750 | 384 | 597,136 | 0 | - |
Repayments of borrowings and other financing obligations | ||||||||||
6,478 | 5,983 | 431,888 | 3,308 | 309 | 1,361,852 | 586,126 | 22,035 | 587,549 | 38,163 | 6,088 |
Proceeds from public issuance of common stock | ||||||||||
- | - | - | - | - | 274,563 | 0 | 0 | - | - | - |
Proceeds from issuance of warrants | ||||||||||
- | - | - | - | - | 45,188 | 0 | 0 | - | - | - |
Payments for convertible note hedges | ||||||||||
- | - | - | - | - | 60,800 | 0 | 0 | - | - | - |
Payments of Debt Issuance Costs | ||||||||||
212 | 206 | 7,137 | 249 | 239 | 29,164 | 7,754 | 217 | 15,276 | 4,039 | 152 |
Proceeds from exercises of stock options | ||||||||||
- | - | - | 7 | 232 | 17,606 | 10,896 | 2,605 | 12,474 | 40,787 | - |
Cash received in CTI Merger | ||||||||||
- | - | - | - | - | - | 10,370 | 0 | 0 | - | - |
Dividends or distributions paid to noncontrolling interest | ||||||||||
5,488 | 4,409 | 3,304 | 2,421 | 3,199 | 4,193 | 3,579 | 3,070 | 1,930 | 2,191 | 4,145 |
Purchases of treasury stock | ||||||||||
113,690 | 173 | 0 | 46,896 | 0 | 2,238 | 0 | 615 | 1,655 | 4,146 | - |
Payments of deferred purchase price and contingent consideration for business combinations (financing portion) | ||||||||||
30,454 | 11,110 | 7,515 | 4,058 | 7,212 | 10,445 | 16,087 | 6,497 | 2,004 | 0 | - |
Other financing activities, net | ||||||||||
- | - | - | - | - | - | - | - | 35 | 0 | -106 |
Excess tax benefits from stock award plans | ||||||||||
- | - | - | 6 | 523 | 298 | 64 | 139 | 847 | 815 | - |
Net cash provided used in financing activities | ||||||||||
-111,322 | -21,881 | -5,503 | -56,919 | -10,204 | 395,713 | 54,534 | -29,306 | 2,078 | -6,937 | -10,491 |
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents | ||||||||||
-1,823 | -3,158 | 4,251 | -4,167 | -4,066 | -6,149 | 23 | 928 | -972 | -179 | 2,660 |
Net (decrease) increase in cash, cash equivalents, restricted cash, and restricted cash equivalents | ||||||||||
-1,042 | 14,489 | 28,881 | -5,113 | 67,033 | -93,546 | 168,645 | 59,311 | -19,244 | -14,429 | 68,407 |