Contribution Margin Actual vs Outlook
Condensed Consolidated Statement of Cash Flows
($ in millions)
Cash flows from operating activities
Q1
Fiscal 2021
Q2
Q3
Q4
Fiscal 2022
Total
Q1
Net loss
(427.3)
$ (251.9) $
(99.7)
$ (283.2)
$ (1,062.1)
$
(196.9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
34.4
34.6
37.1
33.3
139.3
31.8
Stock-based compensation
164.2
201.0
198.4
160.9
724.6
153.7
Amortization of premium on marketable securities
1.5
0.9
0.9
0.8
4.1
1.1
(0.4)
(0.2)
(0.3)
(0.6)
(1.5)
(1.2)
8.5
8.7
9.1
9.3
35.6
10
0.7
Accretion of discount on marketable securities
Amortization of debt discount and issuance costs
Deferred income tax impact from convertible senior notes
Loss (gain) on sale and disposal of assets, net
0.3
0.9
(5.6)
9.9
5.5
(13.7)
Gain on divestiture
Other
Changes in operating assets and liabilities:
Prepaid expenses and other assets
Operating lease right-of-use assets
Accounts payable
Insurance reserves
Accrued and other liabilities
Lease liabilities
Net cash provided by (used in) operating activities
(119.3)
(119.3)
2.9
(0.4)
0.4
0.4
3.3
1.8
0.2
(12.8)
(161.9)
(32.6)
(207.0)
(187.9)
15.0
15.6
17.5
13.3
61.3
13.5
(11.1)
6.4
49.2
2.6
47.1
(33.9)
71.4
(22.6)
(24.7)
57.5
81.6
(2.7)
71.4
0.5
146.3
16.0
234.2
96.2
(10.5)
(18.2)
(5.9)
(13.8)
(48.3)
(14.7)
(79.5) $
(37.5)
$
41.5
$
(26.2)
$
(101.7) $
(152.3)
Note:
Due to rounding, numbers presented may not add up precisely to the totals provided.
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