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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net (loss) income $ (27,906) $ 12,776
Adjustments for non-cash items:    
Depreciation and amortization 51,503 53,816
Accretion of debt discount and debt issuance costs 12,220 10,808
Provision for inventory obsolescence 196 218
Gain on disposal of property and equipment 6 (134)
Stock-based compensation 5,336 7,504
Change in fair value of contingent consideration (85) (462)
Other 3,144 39
Changes in assets and liabilities:    
Accounts receivable 2,900 30,333
Inventories 195 7,847
Prepaid and other assets 30,492 (35,740)
Accounts payable and other accrued liabilities (14,890) (44,322)
Accrued rebates, returns and discounts (11,951) (55,656)
Interest payable (2,451) (938)
Income taxes payable 0 (126)
Net cash provided by (used in) operating activities 48,709 (14,037)
Investing Activities    
Purchases of property and equipment (621) (772)
Proceeds from disposal of property and equipment 0 145
Proceeds from sale of other assets 0 80
Purchases of marketable securities (7,864) 0
Maturities of marketable securities 750 1,200
Net cash (used in) provided by investing activities (7,735) 653
Financing Activities    
Payment of contingent consideration liability 0 (184)
Repayment of Senior Notes (80,000) (57,500)
Fees for modification of Senior Notes (3,249) 0
Proceeds from issuance of common stock 183 1,684
Shares withheld for payment of employee's withholding tax liability (509) (267)
Net cash (used in) financing activities (83,575) (56,267)
Net (decrease) in cash and cash equivalents (42,601) (69,651)
Cash and cash equivalents at beginning of year 110,949 126,884
Cash and cash equivalents at end of year 68,348 57,233
Supplemental Disclosure of Cash Flow Information    
Net cash paid for income taxes 420 166
Cash paid for interest 21,571 25,149
Capital expenditures incurred but not yet paid $ 287 $ 260