Company: PTC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0000950170-25-015530
Chunk: 66

Company: PTC INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 66
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    Operating lease liabilities

    (3,850
    )

    (4,953
    )

    Other noncurrent assets and liabilities

    15,531

    (21,264
    )

    Net cash provided by operating activities

    238,429

    187,341

    Cash flows from investing activities:

    Additions to property and equipment

    (2,767
    )

    (4,563
    )

    Acquisitions of businesses, net of cash acquired

    —

    (93,457
    )

    Settlement of net investment hedges

    28,308

    (7,347
    )

    Net cash provided by (used in) investing activities

    25,541

    (105,367
    )

    Cash flows from financing activities:

    Borrowings under credit facility

    50,000

    739,845

    Repayments of borrowings under credit facility and acquired debt

    (255,125
    )

    (181,441
    )

    Repurchases of common stock

    (75,000
    )

    —

    Payments of withholding taxes in connection with stock-based awards

    (42,789
    )

    (50,326
    )

    Payment of deferred acquisition consideration

    —

    (620,040
    )

    Other financing activity

    (1,410
    )

    —

    Net cash used in financing activities

    (324,324
    )

    (111,962
    )

    Effect of exchange rate changes on cash, cash equivalents, and restricted cash

    (9,201
    )

    6,689

    Net change in cash, cash equivalents, and restricted cash

    (69,555
    )

    (23,299
    )

    Cash, cash equivalents, and restricted cash, beginning of period

    266,466

    288,798

    Cash, cash equivalents, and restricted cash, end of period
     
    $
    196,911

    $
    265,499

    Supplemental disclosure of non-cash financing and investing activities:

    Withholding taxes in connection with stock-based awards, accrued
     
    $
    4,648

    $
    4,009

    Operating right-of-use assets obtained in exchange for operating lease liabilities
     
    $
    2,607

    $
    1,965