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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 3,871 $ 4,646 $ 3,411
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 7,303 4,021 2,227
Provision for bad debts 344 379 354
Provision for customer credits 592 803 1,037
Share-based compensation 4,412 2,557 1,421
Write-down of assets 115 0 0
Gain on sale of business (2,183) 0 0
(Gain)/loss on long-term strategic investment 777 (636) 0
Change in deferred tax asset 1,994 2,996 1,758
Changes in assets and liabilities:      
Accounts receivable (3,229) (381) (2,590)
Prepaid expenses and other current assets (402) (121) (261)
Other non-current assets 946 147 (625)
Accounts payable 2,121 (586) 137
Accrued expenses and other current liabilities 1,581 (1,352) 1,847
Non-current liabilities 0 (273) (826)
Net cash provided by operating activities 18,242 12,200 7,890
Cash flows from investing activities:      
Purchase of AutoUSA 0 0 (10,044)
Purchase of Dealix/Autotegrity 0 (25,011) 0
Investment in AutoWeb 0 0 (880)
Investment in SaleMove 0 0 (400)
Investment in GoMoto (375) (375) (100)
Investment in short-term investment (251) 0 0
Purchases of property and equipment (2,148) (2,719) (1,124)
Net cash used in investing activities (2,774) (28,105) (12,548)
Cash flows from financing activities:      
Repurchase of common stock 0 0 (1,779)
Borrowings under credit facility 0 2,750 1,000
Borrowings under term loan 0 15,000 9,000
Payments on term loan borrowings (3,937) (3,750) (2,250)
Net proceeds from stock option exercises 3,051 1,197 567
Proceeds from exercise of warrants 0 1,860 0
Proceeds from issuance of preferred shares 0 2,132 0
Payment of contingent fee arrangement (63) (38) (63)
Net cash (used in) provided by financing activities (949) 19,151 6,475
Net increase in cash and cash equivalents 14,519 3,246 1,817
Cash and cash equivalents, beginning of period 23,993 20,747 18,930
Cash and cash equivalents, end of period 38,512 23,993 20,747
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 760 552 355
Cash paid for interest 717 884 697
Supplemental schedule of non-cash investing and financing activities:      
Purchase of AutoWeb 0 21,543 0
Conversion of Cyber Note 0 5,000 0
Sale of specialty finance leads product $ 3,168 $ 0 $ 0