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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net income $ 23,583,248 $ 13,089,250
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,976,590 9,642,330
Loss on disposal of property and equipment 41,782 0
Share-based compensation 1,036,326 642,466
Unrealized loss from investment in equity securities 16,060 0
Change in fair value of derivative instrument 0 (127,779)
Income from equity method investments (1,641,837) (1,432,160)
Deferred tax 706,813 (4,419,701)
Changes in operating assets and liabilities:    
Receivables, net (2,824,511) 14,775,701
Prepaid expenses and other current assets (3,495,683) (975,914)
Other assets (95,258) (86,452)
Accounts payable and accrued expenses (692,000) (1,808,721)
Dividends payable 617,210 0
Incentives payable (16,395,926) (8,021,645)
Medical liabilities 2,881,017 (437,795)
Income taxes payable (298,439) 3,861,749
Net cash provided by operating activities 13,415,392 24,701,329
Cash flows from investing activities    
Purchases of marketable securities (3,932) (1,301)
Repayments from related parties – loans receivable 0 200,000
Advances to related parties - loans receivable (2,500,000) (5,000,000)
Purchase of investments – joint venture (16,673,840) 0
Dividends received from equity method investments 0 1,000,000
Purchase of investment in a privately held entity (405,000) 0
Proceeds on sale of investments - cost method 0 25,000
Purchases of property and equipment (682,712) (943,395)
Net cash used in investing activities (20,265,484) (4,719,696)
Cash flows from financing activities    
Repayment of bank loan (257,374) 0
Dividends paid (12,000,000) (9,490,632)
Change in noncontrolling interest capital 27,500 0
Borrowings on line of credit 8,000,000 0
Payment of capital lease obligations (48,999) (54,555)
Proceeds from sale of common stock of VIE 200,000 0
Proceeds from the exercise of stock options and warrants 2,347,329 425,025
Net cash used in financing activities (1,731,544) (9,120,162)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,581,636) 10,861,471
Cash, cash equivalents and restricted cash, beginning of period 118,500,095 54,925,712
Cash, cash equivalents and restricted cash, end of period 109,918,459 65,787,183
Supplementary disclosures of cash flow information:    
Cash paid for income taxes 11,612,590 9,195,024
Cash paid for interest 144,544 1,386
Supplemental disclosures of non-cash investing and financing activities    
Cashless exercise of stock options 47 0
Deferred tax liability adjustment to goodwill 1,110,456 0
Cumulative effect adjustment for ASC 606 included in accounts receivable 11,600,000 0
Cumulative effect adjustment for ASC 606 included in deferred tax liabilities 3,246,098 0
Purchase price adjustment for acceleration of vested stock options 868,000 0
Reclassification of stock options exercised to liability for unissued common shares 0 425,025
Reclassification of fiduciary cash to payable 722,934 2,911
Reconciliation of cash, cash equivalents, and restricted cash    
Cash and cash equivalents 101,132,237 65,787,183
Restricted cash - long-term - letters of credit 745,352 0
Restricted cash - short-term - distributions to former NMM shareholders 8,040,870 0
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 118,500,095 $ 54,925,712