EngageSmart, Inc. [Rocket]

In millions, except per share items	Jun-30-23	Jun-05-23	Mar-31-23	Jun-30-22	Jun-05-22	Mar-31-22	Mar-05-22	Dec-31-21
	10-Q	8-K	10-Q	10-Q	8-K	10-Q	8-K	10-K
Cash flows from operating activities:
Net income	4.3		4.1	6.9		2.1	2.1	8.0
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization expense	4.9		4.9	4.6		4.6	4.6
Amortization of deferred costs	0.2		0.2	0.1		0.1
Stock-based compensation expense	5.1		4.9	3.3		3.0
Non-cash operating lease expense	1.2		1.2	1.1		1.1
Deferred income taxes	0.0		0.0	-2.7		0.8	0.8	0.6
Non-cash interest expense	0.1		0.1	0.1		0.1
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	-2.0		1.8	0.0		-1.8	-1.7	3.2
Accounts receivable, net	0.7		-1.3	-0.9		0.4	0.4	2.2
Unbilled receivables
Other assets	-0.4		-0.5	-0.5		-0.4	-0.4	0.5
Accounts payable	0.7		-0.6	0.4		-1.4	-1.4
Accrued expenses and other current liabilities	1.9		-4.6	4.0		-3.4		3.4
Deferred revenue	0.1		0.6	-0.1		0.8	0.8	0.9
Operating lease liabilities	-1.3		-1.3	-1.2		-1.7
Other long-term liabilities	0.1		0.0	0.0		0.0	0.0	0.7
Net cash provided by operating activities	16.1		8.8	15.7		2.7	2.7	4.1

Cash flows from investing activities:
Purchases of property and equipment, including costs capitalized for development of internal-use software	-2.2		-2.5	-1.4		-1.5		3.2
Net cash used in investing activities	-2.2		-2.5	-1.4		-1.5	-1.5	-1.3

Cash flows from financing activities:
Payment of debt issuance costs						0.0	0.0	1.9
Payments of contingent consideration						-1.1
Proceeds from exercise of stock based options	1.1		1.3	3.7		1.9		0.5
Payments of taxes related to net share settlement of equity awards	-1.4		-1.2	-0.1		-0.1
Proceeds from issuance of common stock under employee stock purchase plan	-0.3		1.3	-1.4		1.9
Payment of initial public offering costs				-0.3		0.0		8.2
Net cash provided by financing activities	0.7		0.1	3.7		0.7	0.7	-2.3
Net increase in cash, cash equivalents and restricted cash	14.5		6.5	18.0		1.9

Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents
Restricted cash within other assets
Restricted Cash and Cash Equivalents, Noncurrent, Statement of Financial Position [Extensible Enumeration]
Supplemental cash flow information:
Cash paid for interest	0.1		0.1	0.1		0.1		0.0
Cash paid for taxes	10.7		0.3	1.6		0.0		0.2
Cash paid for amounts included in the measurement of operating lease liabilities	1.4		1.4	1.4		1.4
Supplemental disclosure of non-cash transactions:
Additions to property and equipment included in accounts payable and accrued expenses	0.0		0.2	0.2		0.1		0.0
Right of use assets obtained in exchange for new operating lease liabilities	0.6		0.0			31.4
Deferred initial public offering costs included in accrued expenses