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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 69,733 $ 2,865
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 113,997 109,982
Share-based compensation 111,796 141,350
Amortization of deferred and prepaid sales commission costs 78,716 81,863
Amortization of debt discount and issuance costs 1,605 2,381
Loss on early extinguishment of debt 6,409 4,988
Reduction of operating lease right-of-use assets 11,832 12,706
Provision for bad debt 6,813 8,008
Other 4,510 (386)
Changes in assets and liabilities:    
Accounts receivable (8,841) (12,907)
Deferred and prepaid sales commission costs (58,806) (52,172)
Prepaid expenses and other assets 6,152 (2,461)
Accounts payable (7,830) 43,443
Accrued and other liabilities 21,328 (11,984)
Deferred revenue 26,111 1,111
Operating lease liabilities (13,045) (11,711)
Net cash provided by operating activities 370,480 317,076
Cash flows from investing activities    
Purchases of property and equipment (17,135) (14,544)
Capitalized internal-use software (32,507) (27,971)
Cash paid for business combination, net of cash acquired (7,929) 0
Net cash used in investing activities (57,571) (42,515)
Cash flows from financing activities    
Proceeds from issuance of stock in connection with stock plans 9,978 9,064
Payments for taxes related to net share settlement of equity awards (15,532) (3,571)
Payments for repurchases of common stock (174,985) (81,787)
Payment of dividends (12,774) 0
Proceeds from issuance of long-term debt 600,000 0
Payments for the settlement of convertible notes (609,065) (161,326)
Repurchases of principal on senior notes (105,000) (53,903)
Repayments of principal on term loan (23,135) (60,000)
Payments for fees on long-term debt (868) (1,631)
Repayments of financing obligations (633) (633)
Payments for contingent consideration (889) 0
Net cash used in financing activities (332,903) (353,787)
Effect of exchange rate changes (1,069) 4,528
Net decrease in cash, cash equivalents, and restricted cash (21,063) (74,698)
Cash, cash equivalents, and restricted cash    
Beginning of period 132,564 242,811
End of period 111,501 168,113
Supplemental disclosure of cash flow data:    
Cash paid for interest, net of interest rate swap 34,810 30,041
Cash paid for income taxes, net of refunds 7,002 8,326
Non-cash investing and financing activities    
Equipment and capitalized internal-use software purchased and unpaid at period end 3,334 5,116
Indemnity holdback consideration 4,094 0
Contingent consideration $ 1,900 $ 0