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				8.9		1.8		8.3
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization expense				22.9		22.7
Amortization of deferred costs				0.2		0.1
Stock-based compensation expense				13.5		10.5
Deferred income taxes				-1.8		0.8		0.7
Non-cash interest expense				0.1		1.1
Changes in operating assets and liabilities:
Prepaid expenses and other current assets				-1.8		-2.0		1.7
Accounts receivable, net				-0.5		0.0		2.3
Unbilled receivables
Other assets				-0.9		-0.6		0.1
Accounts payable				2.6		2.6
Accrued expenses and other current liabilities				9.4		8.1		11.5
Deferred revenue				2.8		2.9		2.7
Other long-term liabilities				0.0		-0.3		0.4
Net cash provided by operating activities				42.9		34.2		36.5

Cash flows from investing activities:
Purchases of property and equipment, including costs capitalized for development of internal-use software				-2.9		-2.4		1.0
Net cash used in investing activities				-7.5		-6.9		-3.5

Cash flows from financing activities:
Payment of debt issuance costs						1.1		1.9
Proceeds from exercise of stock based options				7.2		3.8		2.4
Proceeds from issuance of common stock under employee stock purchase plan				0.5		2.7
Payment of initial public offering costs				5.0		4.8		7.7
Net cash provided by financing activities				209.5		203.6		197.6

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				5.5		6.6		8.0
Cash paid for taxes				1.8		0.2		0.2
Supplemental disclosure of non-cash transactions:
Additions to property and equipment included in accounts payable and accrued expenses				0.4		0.3		0.2
Deferred initial public offering costs included in accrued expenses