FINANCIAL SUPPLEMENT

September 30, 2011

Monster Worldwide, Inc. (together with its consolidated subsidiaries, the “Company,” “Monster,” “we,” “our” or “us”) provides this supplement to assist investors in evaluating the Company’s financial and operating metrics. We suggest that the notes to this supplement be read in conjunction with the financial tables. The financial information included in this supplement contains certain non-GAAP financial measures. These measures should be considered in addition to results prepared in accordance with generally accepted accounting principles (“GAAP”), but are not a substitute for, or superior to, GAAP results. The non-GAAP measures included in this supplement have been reconciled to the most comparable GAAP measure. The Company intends to update the financial supplement on a quarterly basis.

Notes to Financial Supplement

Presentation

Release of ChinaHR Escrowed Funds

On October 8, 2008, the Company’s Careers — International segment completed the acquisition of the remaining 55.6% ownership interest in China HR.com Holdings Ltd. (together with its subsidiaries, “ChinaHR”) not already owned by the Company. Consideration for the acquisition was approximately $167.0 million in cash, net of cash acquired. A portion of the purchase price was placed into escrow to secure the sellers’ obligation to indemnify the Company for any breaches of the representations and warranties made by the sellers. During the three months ended September 30, 2011, the Company received $17.4 million in cash, net of professional fees reimbursed to the Company, relating to the release of the ChinaHR escrowed funds, which is recorded in the consolidated statements of operations for the three and nine months ended September 30, 2011. The reimbursed professional fees were recorded as a reduction to office and general expenses in the consolidated statements of operations for the three and nine months ended September 30, 2011.

Restructuring Charges

Restructuring charges of $2.0 million primarily related to severance costs associated with the Company no longer engaging in the arbitrage lead generation business.

Acquisition of the HotJobs Assets from Yahoo! Inc.

On August 24, 2010, pursuant to an Asset Purchase Agreement dated as of February 3, 2010 (the “Asset Purchase Agreement”) by and between Monster and Yahoo! Inc. (“Yahoo!”), Monster completed the acquisition of substantially all of the assets exclusive to Yahoo! HotJobs (the “HotJobs Assets”) from Yahoo!. The purchase price for the HotJobs Assets was $225.0 million. We acquired the HotJobs Assets, among other objectives, to expand our business in the North America online recruitment market. The results of operations attributable to the HotJobs Assets have been included in our consolidated financial statements since August 24, 2010.

In the three months ended September 30, 2010, the Company incurred $8.6 million of acquisition-related costs. In the nine months ended September 30, 2011 and September 30, 2010, the Company incurred $4.6 million and $18.2 million, respectively, of acquisition-related costs. These costs primarily relate to professional fees and other integration costs associated with the acquisition, which were expensed as incurred and are included in office and general expenses and salaries and related expenses in the consolidated statement of operations. The Company did not incur any acquisition-related costs subsequent to the first quarter of 2011 and does not expect to incur any acquisition- related costs in future periods.

Deferred Revenue Related to Acquisitions

During the third quarter of 2010, we completed the acquisition of the HotJobs Assets. In accordance with existing purchase accounting rules, we were required to write-down to fair value a portion of the deferred revenue attributable to the HotJobs Assets. Consequently, in post-acquisition periods, we did not recognize the full amount of this deferred revenue. When measuring the performance of our business, however, we add back the revenue resulting from this fair value adjustment as we believe that the inclusion of this revenue provides useful information to our management, as well as to investors. In the three months ended September 30, 2010, the Company recorded a $1.8 million fair value adjustment. In the first quarter of 2011, the final quarter in which this adjustment was recorded, the Company recorded a $2.7 million fair value adjustment.

Severance Charges

For the three months ended September 30, 2010, the Company incurred $0.5 million of severance costs relating to targeted headcount reductions. In the nine months ended September 30, 2011 and September 30, 2010, the Company incurred $0.4 million and $7.4 million, respectively, of severance costs relating to targeted headcount reductions. These global headcount reductions were introduced to reduce operating expenses and provide funding for investments to further position the Company for sustainable long-term growth in the global online recruitment and advertising industry. The Company did not incur any severance charges relating to targeted headcount reductions in the third quarter of 2011.

Auction Rate Securities

In the nine months ended September 30, 2011 and September 30 2010, the Company received at par value issuer redemptions of auction rate securities, resulting in a $1.1 million and $1.0 million benefit which was recorded in interest and other, net, in the consolidated statement of operations.

In November 2009, the Company entered into a settlement agreement with RBC Capital Markets Corporation (“RBC”) with respect to auction rate securities previously purchased from RBC. Pursuant to the terms of the settlement agreement, RBC immediately repurchased the subject auction rate securities from the Company at a certain discount to their par value. The Company will receive certain additional monies from RBC if, within a certain time period of the date of the execution of the settlement agreement, any of the auction rate securities still held by RBC are redeemed or refinanced by the issuer for sums higher than the amounts RBC paid the Company to repurchase such auction rate securities. As part of the settlement agreement, the Company dismissed a lawsuit it had filed against RBC in connection with, and released claims related to, RBC’s sale of the auction rate securities to the Company. Accordingly, the Company recorded a realized loss of $4.8 million in the fourth quarter of 2009 relating to the settlement with RBC, which was reflected in interest and other, net in the consolidated statement of operations for the fiscal year ended December 31, 2009. In the three months ended September 30, 2010, the Company received $0.3 million from RBC relating to auction rate securities which were redeemed by the issuer or sold by RBC for sums higher than the amounts RBC paid the Company to repurchase such auction rate securities, which resulted in a $0.3 million benefit recorded in interest and other, net, in the consolidated statement of operations for the three months ended September 30, 2010. In the nine months ended September 30, 2010, the Company received $1.4 million from RBC relating to auction rate securities which were redeemed by the issuer or sold by RBC for sums higher than the amounts RBC paid the Company to repurchase such auction rate securities, which resulted in a $1.4 million benefit recorded in interest and other, net, in the consolidated statement of operations for the nine months ended September 30, 2010.

Facility Charges

In the first quarter of 2011, the Company incurred $3.0 million of charges related to changes in sublet assumptions on previously exited facilities.

Reclassifications

Certain reclassifications of prior year amounts have been made for consistent presentation.

Non-GAAP financial measures

The Company has provided certain non-GAAP financial information as additional information for its operating results. These measures are not in accordance with, or an alternative for, GAAP and may be different from non-GAAP measures reported by other companies. The Company believes that its presentation of non-GAAP measures provides useful information to management and investors regarding certain financial and business trends relating to its financial condition and results of operations.

Non-GAAP revenue, operating expenses, operating income (loss), operating margin, net income (loss) and diluted earnings (loss) per share all exclude certain pro forma adjustments including: reversal of legal settlements, net; the receipt of escrowed funds associated with the ChinaHR acquisition; net costs associated with the Company’s historical option grant practices; the strategic restructuring actions initiated in the third quarter of 2007; severance and facility charges primarily related to the product and technology global reorganization and changes in sublet assumptions on previously exited facilities; acquisition and integration-related costs related to the acquisition of the HotJobs Assets; the fair value adjustment to deferred revenue in connection with the acquisition of ChinaHR and the HotJobs Assets; realized and unrealized gains and losses on marketable securities; and restructuring charges primarily related to severance associated with the decision to no longer engage in the arbitrage lead generation business. The Company uses these non-GAAP measures for reviewing the ongoing results of the Company’s core business operations and in certain instances, for measuring performance under certain of the Company’s incentive compensation plans. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

Earnings before interest, taxes, depreciation and amortization (“EBITDA”) is defined as net income or loss before interest income or expense, income tax expense or benefit, net gain or loss in equity interests, depreciation and amortization and non-cash compensation expense. The Company considers EBITDA to be an important indicator of its operational strength which the Company believes is useful to management and investors in evaluating its operating performance. EBITDA is a non-GAAP measure and may not be comparable to similarly titled measures reported by other companies.

Operating income before depreciation and amortization (“OIBDA”) is defined as net income or loss before depreciation, amortization of intangible assets, amortization of stock-based compensation and non-cash costs incurred in connection with the Company’s restructuring program. The Company considers OIBDA to be an important indicator of its operational strength. This measure eliminates the effects of depreciation, amortization of intangible assets, amortization of stock-based compensation and non-cash restructuring costs from period to period, which the Company believes is useful to management and investors in evaluating its operating performance. OIBDA is a non-GAAP measure and may not be comparable to similarly titled measures reported by other companies.

Bookings represent the dollar value of contractual orders received in the relevant period.

Free cash flow is defined as cash flow from operating activities less capital expenditures. Free cash flow is considered a liquidity measure and provides useful information about the Company’s ability to generate cash after investments in property and equipment. Free cash flow reflected herein is a non-GAAP measure and may not be comparable to similarly titled measures reported by other companies. Free cash flow does not reflect the total change in the Company’s cash position for the period and should not be considered a substitute for such a measure.

Net cash and securities are defined as cash and cash equivalents plus short-term and long-term marketable securities, less total debt. Total available liquidity is defined as cash and cash equivalents, plus short-term and long-term marketable securities, plus unused borrowings under our credit facility. The Company considers net cash and securities and total available liquidity to be important measures of liquidity and indicators of its ability to meet its ongoing obligations. The Company also uses net cash and securities and total available liquidity, among other measures, in evaluating its choices for capital deployment. Net cash and securities and total available liquidity are presented herein as non-GAAP measures and may not be comparable to similarly titled measures used by other companies.

Selected financial ratios

We have included selected financial ratios in this financial supplement in order to assist investors to further evaluate our business. Our definitions and calculations are as follows:

Annualized return on equity

Annualized return on equity measures our effectiveness and ability to generate future profitability on the earnings that we retain. In addition, the ratio is a strong indicator of how well we utilize shareholders’ investments in our business. We calculate annualized return on equity as follows:

Annualized net income / Average stockholders’ equity

Book value per share

Book value per share is a market value indicator that we utilize when analyzing our stockholders’ equity. We calculate book value per share as follows:

Stockholders’ equity / Total shares outstanding

Cash and marketable securities per share

We calculate cash and marketable securities per share as follows:

(Cash and cash equivalents + Current marketable securities + Non-current marketable securities) / Total shares outstanding

Monster Worldwide, Inc.
Statements of Operations
(unaudited, in thousands, except per share amounts)

Trended Data

Summary P&L Information		FY 2009				Q1 2010				Q2 2010				Q3 2010				Q4 2010				FY 2010				Q1 2011				Q2 2011				Q3 2011
Monster Careers		$	772,596			$	182,582			$	183,808			$	193,912			$	222,689			$	782,991			$	228,292			$	236,017			$	237,251
Internet Advertising & Fees			132,546				32,723				31,109				34,930				32,380				131,142				33,090				33,679				21,797
Revenue			905,142				215,305				214,917				228,842				255,069				914,133				261,382				269,696				259,048
Salary and related			423,828				118,183				104,089				105,764				115,564				443,600				122,481				119,956				120,314
Office and general			162,755				45,544				41,214				46,790				42,153				175,701				48,169				42,918				38,639
Marketing and promotion			209,661				59,581				46,925				51,661				64,399				222,566				57,698				58,524				46,527
Reversal of legal settlements, net			(6,850	)			—				—				—				—				—				—				—				—
Release of ChinaHR escrowed funds			—				—				—				—				—				—				—				—				(17,400	)
Restructuring and other special charges			16,105				—				—				—				—				—				—				—				2,004
Depreciation expense			59,117				14,521				13,782				13,975				14,204				56,482				14,373				15,052				14,998
Amortization of restricted stock and RSU Plan			39,306				10,124				10,744				13,398				12,380				46,646				13,028				12,161				8,899
Non-cash stock option expense			615				143				133				135				134				545				152				96				95
Amortization of intangibles			9,416				2,083				1,910				2,507				4,114				10,614				4,028				4,001				3,846
Operating expenses			913,953				250,179				218,797				234,230				252,948				956,154				259,929				252,708				217,922
Operating (loss) income			(8,811	)			(34,874	)			(3,880	)			(5,388	)			2,121				(42,021	)			1,453				16,988				41,126
Interest and other, net			(5,828	)			(653	)			901				(1,286	)			(835	)			(1,873	)			(441	)			(511	)			(1,478	)
(Loss) income before income taxes and equity interests			(14,639	)			(35,527	)			(2,979	)			(6,674	)			1,286				(43,894	)			1,012				16,477				39,648
(Benefit from) provison for income taxes			(37,883	)			(12,179	)			(829	)			(1,823	)			426				(14,405	)			356				5,441				7,453
Loss in equity interests, net			(4,317	)			(831	)			(807	)			(873	)			(359	)			(2,870	)			(578	)			(50	)			(368	)
Net income (loss)		$	18,927			$	(24,179	)		$	(2,957	)		$	(5,724	)		$	501			$	(32,359	)		$	78			$	10,986			$	31,827
Basic income (loss) per share:		$	0.16			$	(0.20	)		$	(0.02	)		$	(0.05	)		$	—			$	(0.27	)		$	—			$	0.09			$	0.26
Diluted income (loss) per share:		$	0.16			$	(0.20	)		$	(0.02	)		$	(0.05	)		$	—			$	(0.27	)		$	—			$	0.09			$	0.26
Weighted avg. shares outstanding:
Basic shares			119,359				120,032				120,701				120,796				120,892				120,608				121,425				122,200				122,991
Diluted shares			121,170				120,032				120,701				120,796				124,525				120,608				124,636				124,386				123,972
Global employees (ones)			5,687				5,518				5,546				5,792				5,847				5,847				5,909				6,042				6,003
Annualized revenue per average employee		$	152.4			$	153.7			$	155.4			$	161.5			$	175.3			$	161.1			$	177.9			$	180.5			$	172.1
Net Bookings			806,907				219,054				208,202				235,025	(1)			330,157				992,438				272,472				262,338				264,422

⁽¹⁾ - Excluding the effect of the arbitrage lead generation business, bookings for the three months ended September 30, 2010 was $221,139.

Monster Worldwide, Inc.
Statements of Operations
(unaudited)

Trended Data

Summary P&L Information		FY 2009				Q1 2010				Q2 2010				Q3 2010				Q4 2010				FY 2010				Q1 2011				Q2 2011				Q3 2011
Monster Careers			85.4	%			84.8	%			85.5	%			84.7	%			87.3	%			85.7	%			87.3	%			87.5	%			91.6	%
Internet Advertising & Fees			14.6	%			15.2	%			14.5	%			15.3	%			12.7	%			14.3	%			12.7	%			12.5	%			8.4	%
Revenue			100.0	%			100.0	%			100.0	%			100.0	%			100.0	%			100.0	%			100.0	%			100.0	%			100.0	%
Salary and related			46.8	%			54.9	%			48.4	%			46.2	%			45.3	%			48.5	%			46.9	%			44.5	%			46.4	%
Office and general			18.0	%			21.2	%			19.2	%			20.4	%			16.5	%			19.2	%			18.4	%			15.9	%			14.9	%
Marketing and promotion			23.2	%			27.7	%			21.8	%			22.6	%			25.2	%			24.3	%			22.1	%			21.7	%			18.0	%
Reversal of legal settlements, net			-0.8	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%
Release of ChinaHR escrowed funds			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			-6.7	%
Restructuring and other special charges			1.8	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.0	%			0.8	%
Depreciation expense			6.5	%			6.7	%			6.4	%			6.1	%			5.6	%			6.2	%			5.5	%			5.6	%			5.8	%
Amortization of restricted stock and RSU Plan			4.3	%			4.7	%			5.0	%			5.9	%			4.9	%			5.1	%			5.0	%			4.5	%			3.4	%
Non-cash stock option expense			0.1	%			0.1	%			0.1	%			0.1	%			0.1	%			0.1	%			0.1	%			0.0	%			0.0	%
Amortization of intangibles			1.0	%			1.0	%			0.9	%			1.1	%			1.6	%			1.2	%			1.5	%			1.5	%			1.5	%
Operating expenses			101.0	%			116.2	%			101.8	%			102.4	%			99.2	%			104.6	%			99.4	%			93.7	%			84.1	%
Operating (loss) income			-1.0	%			-16.2	%			-1.8	%			-2.4	%			0.8	%			-4.6	%			0.6	%			6.3	%			15.9	%
Interest and other, net			-0.6	%			-0.3	%			0.4	%			-0.6	%			-0.3	%			-0.2	%			-0.2	%			-0.2	%			-0.6	%
(Loss) income from operations			-1.6	%			-16.5	%			-1.4	%			-2.9	%			0.5	%			-4.8	%			0.4	%			6.1	%			15.3	%
(Benefit from) provision for income taxes			-4.2	%			-5.7	%			-0.4	%			-0.8	%			0.2	%			-1.6	%			0.1	%			2.0	%			2.9	%
Losses in equity interests, net			-0.5	%			-0.4	%			-0.4	%			-0.4	%			-0.1	%			-0.3	%			-0.2	%			0.0	%			-0.1	%
Net income (loss)			2.1	%			-11.2	%			-1.4	%			-2.5	%			0.2	%			-3.5	%			0.0	%			4.1	%			12.3	%

Monster Worldwide, Inc.
Segment Information and Margin Analysis — GAAP and Non-GAAP
(unaudited, in thousands)

Trended Data

		FY 2009				Q1 2010				Q2 2010				Q3 2010				Q4 2010				FY 2010				Q1 2011				Q2 2011				Q3 2011
Segment revenue: GAAP
Careers — North America		$	407,118			$	96,957			$	96,948			$	107,229			$	121,059			$	422,193			$	121,032			$	122,565			$	123,160
Careers — International			365,478				85,625				86,860				86,683				101,630				360,798				107,260				113,452				114,091
Careers revenue — GAAP			772,596				182,582				183,808				193,912				222,689				782,991				228,292				236,017				237,251
Internet Advertising & Fees revenue — GAAP			132,546				32,723				31,109				34,930				32,380				131,142				33,090				33,679				21,797
Total Monster consolidated revenue — GAAP		$	905,142			$	215,305			$	214,917			$	228,842			$	255,069			$	914,133			$	261,382			$	269,696			$	259,048
Segment revenue(1): Non-GAAP
Careers — North America		$	407,118			$	96,957			$	96,948			$	109,017			$	124,324			$	427,246			$	123,690			$	122,565			$	123,160
Careers — International			367,749				85,625				86,860				86,683				101,630				360,798				107,260				113,452				114,091
Careers revenue — Non-GAAP			774,867				182,582				183,808				195,700				225,954				788,044				230,950				236,017				237,251
Internet Advertising & Fees — Non-GAAP			132,546				32,723				31,109				34,930				32,380				131,142				33,090				33,679				21,797
Total Monster consolidated revenue — Non-GAAP		$	907,413			$	215,305			$	214,917			$	230,630			$	258,334			$	919,186			$	264,040			$	269,696			$	259,048
Segment operating income (loss): GAAP
Careers — North America		$	19,670			$	(3,772	)		$	17,454			$	18,773			$	15,328			$	47,783			$	16,989			$	16,002			$	21,434
Careers — International			(6,283	)			(13,412	)			(4,536	)			(5,882	)			258				(23,572	)			5,422				10,257				10,400
Careers operating income (loss) — GAAP			13,387				(17,184	)			12,918				12,891				15,586				24,211				22,411				26,259				31,834
Internet Advertising & Fees operating income — GAAP			18,114				1,236				546				1,880				562				4,224				1,503				1,862				395
Corporate operating (expense) income — GAAP			(40,312	)			(18,926	)			(17,344	)			(20,159	)			(14,027	)			(70,456	)			(22,461	)			(11,133	)			8,897
Total Monster consolidated operating (loss) income — GAAP		$	(8,811	)		$	(34,874	)		$	(3,880	)		$	(5,388	)		$	2,121			$	(42,021	)		$	1,453			$	16,988			$	41,126
Segment operating income (loss)(1): Non-GAAP
Careers — North America		$	29,250			$	(491	)		$	17,500			$	20,744			$	18,701			$	56,454			$	19,874			$	16,002			$	21,434
Careers — International			10,475				(11,269	)			(3,989	)			(5,576	)			288				(20,546	)			5,704				10,257				10,723
Careers operating income (loss) — Non-GAAP			39,725				(11,760	)			13,511				15,168				18,989				35,908				25,578				26,259				32,157
Internet Advertising & Fees operating income — Non-GAAP			20,598				2,145				561				1,937				559				5,202				1,524				1,862				2,076
Corporate operating (expense) income — Non-GAAP			(48,524	)			(14,528	)			(12,223	)			(11,554	)			(7,612	)			(45,917	)			(14,984	)			(11,133	)			(8,503	)
Total Monster consolidated operating income (loss) — Non-GAAP		$	11,799			$	(24,143	)		$	1,849			$	5,551			$	11,936			$	(4,807	)		$	12,118			$	16,988			$	25,730

⁽¹⁾ - See notes to financial supplement for further explanation of Non-GAAP measures.

Monster Worldwide, Inc.
Statements of Operations — Reconciliation of Non-GAAP Measures
(unaudited, in thousands, except per share amounts)

Trended Data

Summary P&L Information		FY 2009				Q1 2010				Q2 2010				Q3 2010				Q4 2010				FY 2010				Q1 2011				Q2 2011				Q3 2011
Non-GAAP revenue (1)		$	907,413			$	215,305			$	214,917			$	230,630			$	258,334			$	919,186			$	264,040			$	269,696			$	259,048
Deferred revenue related to acquisitions			2,271				—				—				1,788				3,265				5,053				2,658				—				—
Revenue — GAAP		$	905,142			$	215,305			$	214,917			$	228,842			$	255,069			$	914,133			$	261,382			$	269,696			$	259,048
OIBDA — GAAP (1)		$	104,364			$	(8,003	)		$	22,689			$	24,627			$	32,953			$	72,266			$	33,034			$	48,298			$	68,964
Depreciation expense			59,117				14,521				13,782				13,975				14,204				56,482				14,373				15,052				14,998
Amortization of restricted stock and RSU Plan			39,306				10,124				10,744				13,398				12,380				46,646				13,028				12,161				8,899
Non-cash stock option expense			615				143				133				135				134				545				152				96				95
Restructuring non-cash write-offs			4,721				—				—				—				—				—				—				—				—
Amortization of intangibles			9,416				2,083				1,910				2,507				4,114				10,614				4,028				4,001				3,846
Operating (loss) income — GAAP		$	(8,811	)		$	(34,874	)		$	(3,880	)		$	(5,388	)		$	2,121			$	(42,021	)		$	1,453			$	16,988			$	41,126
Reversal of legal settlements, net			(6,850	)			—				—				—				—				—				—				—				—
Release of ChinaHR escrowed funds			—				—				—				—				—				—				—				—				(17,400	)
Stock option investigation			(3,246	)			—				—				—				—				—				—				—				—
Non-GAAP severance			8,773				6,360				494				546				456				7,856				362				—				—
Non-GAAP facilities			3,557				—				—				—				—				—				2,998				—				—
Non-GAAP Integration fees			—				4,371				5,235				8,605				4,668				22,879				3,831				—				—
Non-GAAP Integration fees — salary			—				—				—				—				1,426				1,426				816				—				—
Deferred revenue related to acquisitions			2,271				—				—				1,788				3,265				5,053				2,658				—				—
Restructuring program non-cash write-offs			4,721				—				—				—				—				—				—				—				—
Restructuring expenses, less non-cash items			11,384				—				—				—				—				—				—				—				2,004
Total Non-GAAP Adjustments			20,610				10,731				5,729				10,939				9,815				37,214				10,665				—				(15,396	)
Operating income (loss) — Non-GAAP(1)		$	11,799			$	(24,143	)		$	1,849			$	5,551			$	11,936			$	(4,807	)		$	12,118			$	16,988			$	25,730

⁽¹⁾ - See notes to financial supplement for further explanation of Non-GAAP measures.

Monster Worldwide, Inc.
Statements of Cash Flows
(unaudited, in thousands, except per share amounts)

Trended Data

		FY 2009				Q1 2010				Q2 2010				Q3 2010				Q4 2010				FY 2010				Q1 2011				Q2 2011				Q3 2011
Cash flows provided by (used for) operating activities:
Net income (loss)		$	18,927			$	(24,179	)		$	(2,957	)		$	(5,724	)		$	501			$	(32,359	)		$	78			$	10,986			$	31,827
Adjustments to reconcile net income (loss) to cash provided by operating activities:
Depreciation and amortization			68,533				16,604				15,692				16,482				18,318				67,096				18,401				19,053				18,844
Reversal of legal settlements, net			(6,850	)			—				—				—				—				—				—				—				—
Provision for doubtful accounts			10,154				1,149				398				489				911				2,947				370				1,067				1,015
Non-cash compensation			39,921				10,267				10,877				13,533				12,514				47,191				13,180				12,257				8,994
Deferred income taxes			1,189				(14,713	)			(2,872	)			(8,509	)			(1,796	)			(27,890	)			(3,984	)			(6,563	)			3,985
Non-cash restructuring write-offs, accelerated amortization, and other			4,779				—				144				19				92				255				—				—				—
Loss in equity interests, net			4,317				831				807				873				359				2,870				578				50				368
Losses (gains) on auction rate securities			4,181				(200	)			(1,904	)			(311	)			—				(2,415	)			(1,120	)			(612	)			—
Changes in assets and liabilities, net of acquisitions:
Accounts receivable			80,462				17,631				16,930				(21,282	)			(66,834	)			(53,555	)			12,416				16,630				18,650
Prepaid and other			(2,669	)			1,589				(2,201	)			720				(16,598	)			(16,490	)			(6,718	)			2,015				2,342
Deferred revenue			(111,634	)			4,668				(19,725	)			12,471				65,074				62,488				14,926				(17,955	)			(21,902	)
Accounts payable, accrued expenses and other liabilities			(66,585	)			22,569				(8,491	)			9,849				19,007				42,934				1,293				(8,859	)			(16,597	)
Total adjustments			25,798				60,395				9,655				24,334				31,047				125,431				49,342				17,083				15,699
Net cash provided by operating activities			44,725				36,216				6,698				18,610				31,548				93,072				49,420				28,069				47,526
Cash flows provided by (used for) investing activities:
Capital expenditures			(48,677	)			(8,536	)			(11,939	)			(16,181	)			(20,470	)			(57,126	)			(16,457	)			(16,331	)			(12,645	)
Purchase of marketable securities			(8,585	)			—				—				—				—				—				—				—				—
Sale and maturities of marketable securities and other			70,977				3,414				11,120				8,461				4,094				27,089				1,120				612				—
Payments for acquisitions and intangible assets, net of cash acquired			(300	)			—				—				(225,000	)			(795	)			(225,795	)			—				—				—
Dividends received from unconsolidated investee			763				220				—				—				—				220				443				—				—
Cash funded to equity investee			(6,299	)			(1,345	)			(1,555	)			(1,524	)			(1,224	)			(5,648	)			(1,007	)			(808	)			(744	)
Net cash provided by (used for) investing activities			7,879				(6,247	)			(2,374	)			(234,244	)			(18,395	)			(261,260	)			(15,901	)			(16,527	)			(13,389	)
Cash flows (used for) provided by financing activities:
Proceeds from borrowings on credit facilities short-term			199,203				—				—				90,000				—				90,000				—				2,126				105,599
Payments on borrowings on term loan and credit facilities			(256,196	)			—				—				(5,000	)			(10,500	)			(15,500	)			(4,500	)			—				(5,000	)
Tax withholdings related to net share settlements of restricted stock awards and units			(4,571	)			(6,359	)			(2,856	)			(589	)			(4,423	)			(14,227	)			(7,096	)			(6,776	)			(3,004	)
Net borrowings (payments) under capital lease obligations and other debt			50,000				—				—				—				—				—				—				—				—
Proceeds from the exercise of employee stock options			67				27				39				—				234				300				23				—				—
Excess tax benefits from equity compensation plans			79				—				—				—				—				—				—				—				—
Net cash (used for) provided by financing activities			(11,418	)			(6,332	)			(2,817	)			84,411				(14,689	)			60,573				(11,573	)			(4,650	)			97,595
Effects of exchange rates on cash			12,001				(7,932	)			(3,930	)			9,207				(2,008	)			(4,663	)			5,887				1,140				(8,965	)
Net increase (decrease) in cash and cash equivalents			53,187				15,705				(2,423	)			(122,016	)			(3,544	)			(112,278	)			27,833				8,032				122,767
Cash and cash equivalents, beginning of period			222,260				275,447				291,152				288,729				166,713				275,447				163,169				191,002				199,034
Cash and cash equivalents, end of period		$	275,447			$	291,152			$	288,729			$	166,713			$	163,169			$	163,169			$	191,002			$	199,034			$	321,801
Non — GAAP Free cash flow (1):
Net cash provided by operating activities		$	44,725			$	36,216			$	6,698			$	18,610			$	31,548			$	93,072			$	49,420			$	28,069			$	47,526
Less: Capital expenditures			(48,677	)			(8,536	)			(11,939	)			(16,181	)			(20,470	)			(57,126	)			(16,457	)			(16,331	)			(12,645	)
Free cash flow		$	(3,952	)		$	27,680			$	(5,241	)		$	2,429			$	11,078			$	35,946			$	32,963			$	11,738			$	34,881