| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income (loss) | |||||||||
41,925 | 15,457 | 26,639 | -108,173 | -121,510 | -225,900 | -36,982 | -209,448 | -404,316 | 90,595 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||||||||
Depreciation and amortization | |||||||||
79,445 | 42,057 | 30,294 | 41,770 | 54,315 | 82,894 | 129,047 | 141,479 | 95,414 | 39,481 |
Stock-based compensation expense | |||||||||
81,482 | 68,239 | 64,515 | 107,461 | 131,575 | 129,233 | 84,393 | 281,986 | 600,212 | 25,694 |
(Gain) loss from investments, foreign currency and sale of assets, net | |||||||||
314,513 | -263 | 238 | -26 | 5,558 | 1,610 | -8,147 | -563 | - | -558 |
(Accretion) amortization on marketable debt securities, net | |||||||||
4,883 | 2,730 | 636 | -323 | 5,711 | 10,061 | 17,575 | 17,223 | 2,873 | 1,746 |
Noncash lease expense | |||||||||
11,167 | - | - | - | - | - | - | - | - | - |
Noncash interest expense | |||||||||
13,241 | - | - | - | - | - | - | - | - | - |
Noncash consideration received | |||||||||
- | -1,494 | - | - | - | - | - | - | - | - |
Net gain on termination of lease and purchase of building | |||||||||
- | - | - | - | - | - | - | 19,886 | 550 | 0 |
Tax benefits from stock-based awards | |||||||||
- | - | - | - | 989 | -86 | -11,244 | 21,652 | - | 0 |
Excess tax (benefits) from stock-based awards | |||||||||
- | - | - | - | 989 | -86 | -11,244 | 21,652 | -13,750 | 39,742 |
Change in deferred income taxes and other | |||||||||
-16,762 | -3,366 | 3,780 | -1,988 | -12,693 | -10,982 | -18,766 | -43,841 | 4,367 | -8,469 |
Impairment of intangible assets | |||||||||
- | - | - | 20,677 | - | - | 10,217 | 95,493 | - | 0 |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | |||||||||
22,546 | -22,625 | 26,417 | -3,834 | -10,148 | 16,489 | -40,806 | -34,338 | 55,432 | 69,518 |
Prepaid expenses and other assets | |||||||||
15,057 | 18,417 | 8,124 | 2,501 | 18,096 | -971 | -3,932 | -19,908 | 14,559 | 32,495 |
Income tax receivable | |||||||||
- | - | - | - | - | -5,433 | 1,336 | -12,976 | -17,994 | 25,287 |
Accounts payable | |||||||||
-1,005 | -810 | -3,666 | -3,613 | 10,934 | -6,393 | -2,325 | -21,312 | 10,373 | 10,626 |
Deferred revenue | |||||||||
234,681 | 62,338 | -7,581 | 13,113 | -64,762 | 3,643 | -157,090 | -133,640 | 15,409 | 241,437 |
Income tax payable | |||||||||
-10,176 | -2,116 | 4,788 | 1,889 | - | - | - | - | - | - |
Operating lease and other liabilities | |||||||||
185,829 | -13,806 | 11,021 | -12,788 | -34,511 | 24,628 | -48,944 | 19,928 | 103,637 | 91,786 |
Net cash provided by (used in) operating activities | |||||||||
262,828 | 168,240 | 94,375 | 60,030 | -44,447 | -4,511 | 28,674 | 195,767 | 389,172 | 326,412 |
Cash flows from investing activities: | |||||||||
Purchases of investments | |||||||||
1,568,216 | 333,832 | 348,594 | - | - | - | - | - | - | - |
Purchases of short-term investments | |||||||||
- | - | - | - | 101,091 | 758,509 | 1,074,919 | 1,826,137 | 649,972 | 804,542 |
Maturities of investments | |||||||||
451,500 | 519,800 | 40,000 | 244,837 | - | - | - | - | - | - |
Sales of investments | |||||||||
44,890 | 89,168 | - | - | - | - | - | - | - | - |
Sales and maturities of short-term investments | |||||||||
- | - | - | - | 867,198 | 806,232 | 1,244,841 | 871,744 | - | - |
Purchase of corporate headquarters building | |||||||||
- | - | - | - | - | - | - | 233,700 | - | 0 |
Sales of marketable securities | |||||||||
- | - | - | - | - | - | - | - | 19,206 | 4,222 |
Maturities of marketable securities | |||||||||
- | - | - | - | - | - | - | - | 841,560 | 319,820 |
Acquisition of property and equipment | |||||||||
23,637 | 11,469 | 9,971 | 10,313 | 7,832 | 9,201 | 7,813 | 98,054 | 238,091 | 56,839 |
Business acquisitions, net of cash acquired | |||||||||
- | - | - | - | 20,023 | 392,411 | 18,054 | 205,510 | 42,774 | 62,277 |
Proceeds from sale of property and equipment, net | |||||||||
580,679 | 33 | 273 | 3,209 | 814 | 5,059 | 3,057 | - | - | - |
Business acquisitions, net of cash acquired and restricted cash held in escrow | |||||||||
301,815 | 222,440 | 101,201 | 29,705 | - | - | - | - | - | - |
Release of restricted cash escrow from business acquisitions | |||||||||
35,000 | 22,800 | 3,625 | 1,000 | - | - | - | - | - | - |
Proceeds from sale of equity method investment | |||||||||
- | - | - | - | 10,507 | - | - | - | - | - |
Equity method investment | |||||||||
- | - | - | - | - | - | - | 10,000 | - | 0 |
Restricted cash | |||||||||
- | - | - | - | - | - | -227 | -6,979 | -9,194 | 16,469 |
Other investing activities, net | |||||||||
266 | -521 | 8,163 | - | - | -4,671 | -137 | 2,256 | 2,578 | 1,353 |
Net proceeds from initial public offering | |||||||||
- | - | - | - | - | - | - | - | 961,403 | 0 |
Net cash provided by (used in) investing activities | |||||||||
-851,865 | 18,981 | -431,281 | 207,028 | 749,573 | -344,159 | 147,476 | -1,496,934 | -63,455 | -617,438 |
Cash flows from financing activities: | |||||||||
Proceeds from debt, net of issuance costs | |||||||||
- | - | - | - | - | - | - | 99,780 | - | 0 |
Taxes paid related to net share settlement of stockholders' equity awards | |||||||||
49,591 | 25,807 | 21,719 | 3,422 | 2,902 | 1,216 | 1,387 | 26,307 | 83,232 | 0 |
Repurchases of common stock | |||||||||
- | 91,570 | 105,013 | 142,596 | 88,409 | - | 9,302 | 11,756 | 283,770 | 1,484 |
Proceeds from issuance of common stock | |||||||||
17,488 | 9,969 | 8,769 | 5,921 | 7,567 | - | - | - | - | - |
Proceeds from issuance of debt, net | |||||||||
672,152 | 99,100 | - | - | - | - | - | - | - | - |
Purchase of capped calls | |||||||||
73,830 | - | - | - | - | - | - | - | - | - |
Proceeds from employee stock purchase plan and exercise of stock options | |||||||||
- | - | - | - | - | 16,421 | 26,115 | 21,449 | - | - |
Excess tax benefits from stock-based awards | |||||||||
- | - | - | - | 989 | -86 | -11,244 | 21,652 | -13,750 | 39,742 |
Repayment of debt | |||||||||
101,364 | - | - | - | - | - | 100,000 | - | - | - |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | - | - | - | 2,893 | 3,358 |
Proceeds from employee stock purchase plan | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net proceeds from issuance of preferred stock | |||||||||
- | - | - | - | - | - | - | - | 485,300 | 309,821 |
Acquisition-related contingent consideration payment | |||||||||
12,900 | - | 5,115 | 10,230 | 10,790 | - | - | - | - | - |
Other financing activities, net | |||||||||
-324 | - | - | - | - | - | - | - | - | - |
Contingent consideration restricted cash held in escrow | |||||||||
- | - | - | -5,115 | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | |||||||||
451,631 | -8,308 | -123,078 | -145,212 | -93,545 | 15,119 | -95,818 | 104,818 | 1,068,844 | 351,437 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||
10,739 | -4,594 | 3,945 | -3,542 | -667 | -669 | -758 | -45 | -49 | 84 |
Net change in cash, cash equivalents and restricted cash | |||||||||
-126,667 | 174,319 | -456,039 | 118,304 | 610,914 | -334,220 | 79,574 | -1,196,394 | 1,394,512 | 60,495 |
Supplemental cash flow information: | |||||||||
Income taxes paid | |||||||||
22,350 | 16,111 | 4,024 | 1,033 | 2,803 | - | - | - | - | - |
Interest paid | |||||||||
2,823 | - | - | - | - | - | - | - | - | - |
Noncash investing activities: | |||||||||
Acquisition-related common stock issuance | |||||||||
253,903 | - | - | - | - | - | - | - | - | - |
Software acquired as noncash consideration | |||||||||
- | 1,494 | - | - | - | - | - | - | - | - |