Component: (Network and Table)
Network
00400 - Statement - Consolidated Statements of Cash Flows
(http://www.2u.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001459417 (http://www.sec.gov/CIK)
Consolidated Statements of Cash FlowsPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Consolidated Statements of Cash Flows
 
 
 
Cash flows from operating activities
 
 
 
Net loss
(20,684,000) 
(26,733,000) 
(28,999,000) 
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
 
 
 
Depreciation and amortization
9,750,000  
7,220,000  
5,572,000  
Stock-based compensation expense
15,823,000  
12,499,000  
7,527,000  
Charge related to execution of new lease agreement
 
884,000  
 
Changes in operating assets and liabilities:
 
 
 
(Increase) decrease in accounts receivable, net
(6,885,000) 
(625,000) 
1,485,000  
Increase in advances to clients
(117,000) 
(875,000) 
(1,094,000) 
Increase in prepaid expenses and other current assets
(973,000) 
(4,001,000) 
(374,000) 
(Decrease) increase in accounts payable
(815,000) 
2,251,000  
(2,565,000) 
Increase in accrued compensation and related benefits
3,086,000  
4,317,000  
3,123,000  
Increase in accrued expenses and other liabilities
1,052,000  
1,216,000  
2,978,000  
Increase in deferred revenue
528,000  
703,000  
640,000  
Decrease (increase) in payments to clients
2,234,000  
(3,664,000) 
(826,000) 
Decrease (increase) in other assets and other liabilities, net
2,211,000  
(2,709,000) 
153,000  
Other
 
250,000  
695,000  
Net cash provided by (used in) operating activities
5,210,000  
 
(9,267,000) 
 
(11,685,000) 
 
Cash flows from investing activities
 
 
 
Capitalized technology and content development cost expenditures
(16,728,000) 
(12,358,000) 
(9,454,000) 
Purchases of property and equipment
(7,648,000) 
(1,256,000) 
(1,499,000) 
Other
(142,000) 
(2,331,000) 
(29,000) 
Net cash used in investing activities
(24,518,000) 
 
(15,945,000) 
 
(10,982,000) 
 
Cash flows from financing activities
 
 
 
Proceeds from exercise of stock options
4,859,000  
5,336,000  
2,282,000  
Proceeds from issuance of common stock, net of offering costs
 
117,112,000  
100,302,000  
Proceeds from revolving line of credit
  
5,000,000  
Payment on revolving line of credit
  
(5,000,000) 
Other
(550,000) 
(436,000) 
 
Net cash provided by financing activities
4,309,000  
 
122,012,000  
 
102,584,000  
 
Net (decrease) increase in cash and cash equivalents
(14,999,000) 
 
96,800,000  
 
79,917,000  
 
Cash and cash equivalents, beginning of period
183,729,000  
86,929,000  
7,012,000  
Cash and cash equivalents, end of period
168,730,000  
 
183,729,000  
 
86,929,000  
 
Supplemental disclosure of non-cash investing and financing activities
 
 
 
Accrued capital expenditures
6,729,000  
415,000  
557,000  
Accretion of issuance costs on redeemable convertible preferred stock
  
89,000  
Common stock granted in exchange for consulting services received
  
55,000