|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
6 Months Ended |
9 Months Ended |
|
Jun. 30, 2011
|
Sep. 30, 2012
|
| Cash flows from operating activities |
|
|
| Net (loss) income |
$ (12,098) |
$ 1,427 |
| Adjustments to reconcile net loss to net cash provided by operating activities |
|
|
| Depreciation and amortization |
46,673 |
45,839 |
| Deferred income taxes |
2,039 |
1,086 |
| Stock-based compensation |
21,989 |
23,986 |
| Windfall tax benefit from exercises of stock options |
(120) |
(14) |
| Other |
444 |
(488) |
| Change in operating assets and liabilities, net of effect of acquisition |
|
|
| Accounts receivable |
(4,910) |
(8,479) |
| Prepaid expenses and other current assets |
(360) |
(1,270) |
| Deferred registration costs |
(5,635) |
(8,354) |
| Deposits with registries |
(689) |
678 |
| Other assets |
450 |
35 |
| Accounts payable |
(472) |
1,071 |
| Accrued expenses and other liabilities |
4,597 |
569 |
| Deferred revenue |
6,217 |
8,860 |
| Net cash provided by operating activities |
58,125 |
64,946 |
| Cash flows from investing activities |
|
|
| Purchases of property and equipment |
(14,024) |
(12,425) |
| Purchases of intangible assets |
(43,989) |
(8,590) |
| Payments for gTLD applications |
0 |
(18,202) |
| Cash paid for acquisition, net of cash acquired |
(30,972) |
(1,280) |
| Other |
0 |
(855) |
| Net cash used in investing activities |
(88,985) |
(41,352) |
| Cash flows from financing activities |
|
|
| Principal payments on capital lease obligations |
(391) |
(394) |
| Proceeds from issuances of common stock (net of issuance costs of $3,192) |
78,625 |
0 |
| Proceeds from exercises of stock options and contributions to ESPP |
4,357 |
11,016 |
| Windfall tax benefit from exercises of stock options |
120 |
14 |
| Repurchases of common stock |
(3,728) |
(3,956) |
| Issuance costs related to debt and equity financings |
915 |
30 |
| Payments of withholding tax on net exercies of stock-based awards |
(361) |
(3,345) |
| Net cash provided by financing activities |
77,707 |
3,305 |
| Effect of foreign currency on cash and cash equivalents |
(31) |
(18) |
| Change in cash and cash equivalents |
46,816 |
26,881 |
| Cash and cash equivalents, beginning of period |
32,338 |
86,035 |
| Cash and cash equivalents, end of period |
|
$ 112,916 |