7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 
      
    		               
      ​
    		               
      cash flows from operating activities:
    		               
      net income
    		2,684,000 15,334,000 -3,399,000 -6,896,000 -18,132,000 -5,309,000 -1,141,000 -5,520,000 -334,000 -627,000 -3,948,000 808,000 2,288,000 230,000 -21,028,000 
      adjustments to reconcile net income to net cash from operating activities:
    		               
      depreciation and amortization
    		20,948,000 19,294,000 18,407,000 17,248,000 16,942,000 15,825,000 14,793,000 17,629,000 12,906,000 12,880,000 14,205,000 8,881,000 8,816,000 8,629,000 8,170,000 
      amortization of cloud computing implementation costs
    		               
      benefit from subscription cancellations and non-renewals
    		1,082,000 676,000 33,000            -102,000 
      amortization of deferred financing costs
    		146,000 77,000 63,000 63,000 63,000 64,000 63,000 65,000 53,000 52,000 53,000 53,000 53,000 17,000 -72,000 
      change in fair value of contingent consideration liabilities
    		               
      stock-based compensation expense
    		16,324,000 7,691,000 7,772,000 7,022,000 11,434,000 5,346,000 5,256,000 4,194,000 4,933,000 5,910,000 7,422,000 6,285,000 6,543,000 7,014,000 64,294,000 
      deferred income tax benefit
    		               
      non-cash operating lease costs
    		               
      other
    		-106,000 5,480,000 -78,000 -63,000 -4,000 3,343,000 157,000 140,000 412,000 230,000 214,000 80,000 -14,000 21,000 72,000 
      changes in operating assets and liabilities:
    		               
      accounts receivable
    		4,478,000 -14,462,000 -248,000 -29,717,000 -795,000 -8,087,000 -6,678,000 -13,588,000 2,688,000 -9,158,000 1,127,000 -2,817,000 13,810,000 -10,905,000 -2,950,000 
      prepaid expenses and other current assets
    		-7,335,000 -6,874,000 165,000 2,464,000 -2,109,000 2,251,000 659,000 -2,033,000 -1,091,000 -1,523,000 -273,000 10,041,000 -13,437,000 3,072,000 -2,896,000 
      deferred commissions
    		-64,000 -4,142,000 -369,000 -804,000 -459,000 -1,706,000 -1,589,000 -488,000 875,000 28,000 -1,038,000 148,000 50,000 -1,371,000 17,000 
      accounts payable
    		-1,153,000 -808,000 2,394,000 4,590,000 3,065,000 1,263,000 -4,626,000 3,177,000 1,555,000 2,318,000 -986,000 257,000 2,258,000 -3,035,000 -1,718,000 
      accrued expenses
    		-8,486,000 -4,028,000 -7,542,000 -171,000 17,578,000 8,951,000 5,428,000 -3,121,000 3,806,000 5,655,000 3,262,000 -2,659,000 -3,048,000 3,186,000 2,863,000 
      accrued and deferred compensation
    		-14,515,000 5,029,000 13,192,000 1,747,000 -12,452,000 440,000 5,105,000 1,704,000 -19,254,000 -3,056,000 7,622,000 6,665,000 -14,966,000 4,767,000 5,405,000 
      deferred revenue
    		11,177,000 27,149,000 -10,156,000 -3,173,000 4,352,000 25,518,000 -1,038,000 10,006,000 -3,718,000 26,662,000 -751,000 3,826,000 -5,046,000 25,808,000 -898,000 
      operating lease liabilities
    		               
      net cash from operating activities
    		24,566,000 47,636,000 27,594,000 -7,653,000 6,755,000 43,820,000 18,450,000 11,981,000 2,595,000 39,301,000 26,203,000 29,430,000 -2,965,000 39,499,000 -712,000 
      capex
    		-5,615,000 -4,889,000 -5,041,000 -5,035,000 -4,007,000 -4,600,000 -4,362,000 -3,014,000 -2,912,000 -3,758,000 -2,777,000 -2,904,000 -2,221,000 -2,604,000 -1,982,000 
      free cash flows
    		18,951,000 42,747,000 22,553,000 -12,688,000 2,748,000 39,220,000 14,088,000 8,967,000 -317,000 35,543,000 23,426,000 26,526,000 -5,186,000 36,895,000 -2,694,000 
      cash flows from investing activities:
    		               
      property and equipment additions
    		-14,449,000 -13,904,000 -13,498,000 -8,546,000 -13,313,000 -15,557,000 -15,146,000 -13,954,000 -13,873,000 -9,487,000 -8,011,000 -9,693,000 -6,195,000 -5,973,000 -4,417,000 
      capitalized software additions
    		-5,615,000 -4,889,000 -5,041,000 -5,035,000 -4,007,000 -4,600,000 -4,362,000 -3,014,000 -2,912,000 -3,758,000 -2,777,000 -2,904,000 -2,221,000 -2,604,000 -1,982,000 
      purchase of investment securities, available-for-sale
    		               
      proceeds from sales and maturities of investment securities, available-for-sale
    		               
      net cash from investing activities
    		-19,535,000 -19,907,000 -15,536,000 -13,167,000 -17,561,000 -25,184,000 -18,692,000 -23,911,000 -17,259,000 -13,245,000 -68,609,000 -200,088,000 -14,516,000 -7,829,000 -6,399,000 
      cash flows from financing activities:
    		               
      net increase in customer funds obligations
    		15,939,000 -11,386,000 2,523,000 3,484,000 10,989,000 -8,737,000 1,968,000 -5,617,000 1,046,000 -4,518,000 -3,483,000 22,665,000 -438,000 523,000 -1,464,000 
      principal payments on long-term debt
    		-625,000 -625,000 -625,000 -625,000 -313,000 -313,000 -312,000       -222,000 -175,020,000 
      payments for deferred financing costs
    		-89,000     0 0 10,000 -993,000     0 468,000 
      payments for taxes related to net share settlement of stock-based awards
    		               
      proceeds from exercise of stock options
    		1,510,000 1,742,000 854,000 753,000 1,490,000 533,000 570,000 118,000 600,000 647,000 821,000 244,000 147,000 2,785,000 5,971,000 
      payments of finance lease liabilities
    		               
      payments for deferred purchase commitments
    		               
      net cash from financing activities
    		-1,153,000 -20,479,000 -2,522,000 -1,950,000 -1,531,000 -8,883,000 -8,512,000 -5,291,000 39,780,000 -3,146,000 -14,693,000 16,880,000 -8,140,000 1,197,000 229,052,000 
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		-349,000 779,000 -435,000 176,000 204,000 785,000 -525,000 -529,000 -83,000 -45,000 -213,000 5,000 -226,000 390,000 -208,000 
      net increase in cash, cash equivalents and restricted cash
    		               
      cash, cash equivalents and restricted cash, beginning of period
    		89,151,000 0 0 0 106,748,000 0 0 0 98,206,000 0 0 0 312,273,000 0 0 
      cash, cash equivalents and restricted cash, end of period
    		92,680,000 8,029,000 9,101,000 -22,594,000 94,615,000 10,538,000 -9,279,000 -17,750,000 123,239,000 22,865,000 -57,312,000 -153,773,000 286,426,000 33,257,000 221,733,000 
      reconciliation of cash, cash equivalents and restricted cash to the condensed consolidated balance sheets, end of period:
    		               
      cash and cash equivalents
    		56,134,000 18,676,000 7,634,000 -26,778,000 68,643,000 19,433,000 -13,184,000 -11,786,000 97,340,000 25,852,000 -54,112,000 -176,088,000 277,681,000 32,780,000 222,976,000 
      restricted cash—funds held for customers
    		36,546,000 -10,647,000 1,467,000 4,184,000 25,972,000 -8,895,000 3,905,000 -5,964,000 25,899,000 -2,987,000 -3,200,000 22,315,000 8,745,000 477,000 -1,243,000 
      total cash, cash equivalents and restricted cash, end of period
    		92,680,000 8,029,000 9,101,000 -22,594,000 94,615,000 10,538,000 -9,279,000 -17,750,000 123,239,000 22,865,000 -57,312,000 -153,773,000 286,426,000 33,257,000 221,733,000 
      write-off of deferred financing costs
    		               
      acquisition of business, net of cash acquired
    		     0 0 0 -474,000   -187,491,000 -6,100,000 748,000 0 
      proceeds from term loan
    		     0 0 0 50,000,000       
      proceeds from purchases of stock under espp
    		               
      distributions under tax sharing agreement
    		               
      payments for purchase commitment and contingent consideration liabilities
    		               
      reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets, end of period:
    		               
      change in fair value of contingent consideration liability
    		               
      deferred income tax
    		               
      net decrease in cash, cash equivalents and restricted cash
    		               
      proceeds from maturities of investment securities, available-for-sale
    		               
      benefit from subscription cancellations and non-renewals, net of deferred allowance
    		    697,000 -225,000 640,000 -332,000 -279,000 43,000 -571,000 615,000 379,000   
      deferred income tax (benefit) expense
    		               
      redemption of converted sars
    		               
      proceeds from line of credit
    		             0 0 
      principal payments on line of credit
    		               
      proceeds from issuance of shares in connection with offering
    		               
      payments for offering costs
    		               
      payments for taxes on exercised stock options
    		               
      distributions to stockholders
    		             -32,000 -5,706,000 
      payments for purchase commitment liabilities
    		               
      purchase of investment securities, available for sale
    		               
      proceeds from long-term debt
    		             0 0 
      purchase of treasury stock
    		               
      acquisition of businesses, net of cash acquired
    		               
      payments for taxes on exercised options
    		               
      payments on finance lease liabilities
    		               
      advances to stockholders
    		              228,000 
      payments for purchase commitment liability
    		               
      payments on financing lease liabilities
    		               
      restricted cash—funds held for stockholder distributions
    		               
      impairment of asset
    		               
      deferred income taxes
    		               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.