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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES - continuing operations    
Net income (loss) $ (46,601) $ (37,287)
(Income) loss from discontinued operations, including gain on sale, net of tax 0 (3,789)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 14,873 9,582
Equity-based compensation 21,004 16,972
Impairment related and other 1,260 1,092
Other (income) loss (1,488) (1,020)
Equity loss 0 776
Deferred tax asset 123 (2,931)
Changes in operating assets and liabilities - net of acquisitions:    
Accounts receivable, net (6,308) (6,150)
Prepaid expenses and other assets (1,000) (34)
Accounts payable 1,185 (381)
Accrued expenses (21) (655)
Accrued compensation and benefits 1,439 (1,408)
Deferred revenue 9,233 6,822
Other liabilities 1,202 (356)
Cash flows provided by (used in) operating activities (5,099) (18,767)
INVESTING ACTIVITIES - continuing operations    
Capital expenditures, net (5,087) (3,368)
Change in restricted cash (251) 43
Proceeds from sales/distributions of ownership interests 1,415 8,795
Ownership acquisition, net of cash acquired (2,758) (9,917)
Cash flows provided by (used in) investing activities (6,681) (4,447)
FINANCING ACTIVITIES – continuing operations    
Acquisition of noncontrolling interest in subsidiary equity (3,952) (451)
Contingent consideration payments (1,870) 0
Borrowings of long-term debt 820 0
Repayment of long-term debt and capital lease obligations (24) (12,641)
Purchase of treasury stock (1,704) (2,064)
Tax withholdings related to equity-based awards (3,925) (2,794)
Other financing activities 7 50
Cash flows provided by (used in) financing activities (10,648) (17,900)
Effect of exchange rate on cash flows and cash equivalents (118) 0
Discontinued Operations    
Cash flows provided by (used in) operating activities 0 (1,152)
Net increase (decrease) in cash and cash equivalents from discontinued operations 0 (1,152)
Net increase (decrease) in cash and cash equivalents (22,546) (42,266)
Cash and cash equivalents at beginning of period 103,134 334,656
Cash and cash equivalents at end of period - continuing operations $ 80,588 $ 292,390