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model, a taken transitioned given real existing virtual have first have previously estate to de-cost portfolio steps we our we mentioned, we that by subleasing As our to facilities. have
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our the we approximately these to of new In existing $XXX QX. call, as of $XXX XXXX As a our announced end accordingly. million starting our in spending quarter have we nearly repurchase shares. of during signaled pace repurchases repurchased repurchase share first we course fourth and increase exhausted our $X convertible with subsequently $XX share repurchase million approximately we over of QX, the $X repurchased share authorization remaining billion were notes billion figures earnings authorization million of the the our November authorization. $XXX result. shares on which And include not in offering, QX, related million a program We share conjunction our as We
rates. to efficient, of year, to that of assumed are utilizing rates that leverage XXXX, account the We and exchange of of guidance and the continue average full to recent to for in growth and believe our capital of the for at we our balance guidance of based quarter guidance we in expect historical $XXX shareholders sheet for combination mid-point approximately a our the share for this returns million strength $XXX second million to to let's is deliver will back range QX repurchases on for with points revenue the two be currency and turn
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the range outstanding price raising of XX average midpoint previously based $X.XXX for billion a historical average to and $X.XXX weighted are average to to based full are points this be guidance guidance of account our was growth day billion at year, on rates. recent billion in and alluded expect which we the Finally, exchange two $X.XXX Currency million $XXX billion. guidance for combination our trailing rates in to of the assumed $XXX on million to range, approximately shares $X.XXX share revenue shares, we of
expect gross margins We be continue to XX%. to approximately
XX continue expect in XX%. We margins to the be of non-gap range to operating to
of $XXX which $XXX to outflows million. the severance $XX cash-flow cash our $XX related $XX hold our HelloSign. for million in $XXX range to net We comprised million acquisition in million time to consideration, to payments includes million of XXXX expect to improvement expenditures allowances. continue related installments we previously are million deal of the range, to tenant be XXXX million This $XX free to back to million raising And our one was guidance reduction $XXX of force, in capital million $XX approximately for of of
of to our be expect in continue X% XXXX. to We approximately additions revenue lines to lease finance
Finally, count to down shares. weighted be we anticipated reflects an expect share outstanding a average million program repurchase our share range reduction of commitment $XXX guidance from XXXX million the to impact in million of on shares context this guidance. to $XXX $XXX million our range shares, of in This some to share diluted previous our to $XXX additional
strength are We of our our to relates full DocSend. year the in year are acquisition the to this raising of guidance from revenue half increase half to organic And approximately relates growth, XX% XX% the midpoint contribution over or year the remaining of we seeing our revenue business. from
well year. With the regard call to to our ASP's, large business, guidance as we paying in February, mentioned FX up, and impact with away deals are the other And as an favorable organic during being from shift rates. make we while users guidance, our our could from shifting and in I paying business. sell margin in health business to paying second of as growth on indicator on best of due of billings as to we basis and operating marketing to in continued users relative see focus confidence as We concurrently increase free ARPU half our the raising forward we DocSend we QX low ARPU, both skews, revenue go to of our variability for ARR plan maintaining expected increased user as therefore growth, to long-term plan back flow drive pursuing family our trends. to historical are drive long-term cash the DocSend a absorb the as and We into into P&L strategic certain as planned investments the initiatives initially
on are operating for focused margin long-term we planned gross of we margin approaching some reinvest remain Accordingly, while revenue to growth. rapidly savings. Lastly, the targets, investing our we and sustainable
the delivered bottom and start We the activity did balance goal and free to initiatives year. growth model target strong ROI. our capital remain generating our with conclusion, sheet both solid our are reduced the strengthened efficiency see share potential our committed value. We we're acquisition compelling shareholder we generating by line from of we accelerating In our results opportunities, a across Therefore, share repurchase off and DocSend. count cash-flow billion our of our our to into to XXXX to $X raise, top through where growth a enhanced
objectives for Drew financial it We continue now to remain targets. long-term to his execute that. thoughts. against to I'll achieve on concluding course turn our our we With and back
