Consolidated Statements of Cash Flows (continued) UNAUDITED In thousands THREE MONTHS ENDED Cash Flows from Financing Activities Mar 31, 2018 Mar 31, 2017 Proceeds from issuance of convertible senior notes, net — 428,250 Purchase of convertible senior note hedges — (92,136) Proceeds from issuance of warrants — 57,244 Payment for termination of Starbucks warrant — (54,808) Principal payments on capital lease obligation (665) (247) Proceeds from the exercise of stock options, net 31,354 39,280 Payments for tax withholding related to vesting of restricted stock units (27,651) — Net cash provided by financing activities 3,038 377,583 Effect of foreign exchange rate on cash and cash equivalents 1,397 1,058 Net increase in cash, cash equivalents and restricted cash 40,995 252,245 Cash, cash equivalents and restricted cash, beginning of period 735,081 488,745 Cash, cash equivalents and restricted cash, end of period $ 776,076 $ 740,990 18