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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES - continuing operations      
Net income (loss) $ 65,849 $ (100,345) $ (27,820)
(Income) loss from discontinued operations, including gain on sale, net of tax (94,017) 9,172 (11,062)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:      
Depreciation and amortization 16,586 15,541 10,095
Equity-based compensation 14,058 25,944 23,747
Impairment related and other 384 40,001 1,019
Other (income) loss, net (2,857) (1,741) (5,359)
Equity (income) loss 0 0 776
Deferred income taxes 1,872 258 (4,544)
Income tax (benefit) expense related to income from discontinued operations (15,758) 0 (6,496)
Contingent consideration 384 768 0
Changes in operating assets and liabilities - net of acquisitions:      
Accounts receivable, net (4,755) 1,198 (1,916)
Prepaid expenses and other assets (1,183) 1,295 729
Accounts payable 4,150 (3,043) (189)
Accrued expenses 1,846 (24) (120)
Accrued compensation and benefits (1,405) 2,683 152
Deferred revenue 8,228 5,406 5,122
Other liabilities 2,409 (1,582) (488)
Cash flows provided by (used in) operating activities (4,209) (4,469) (16,354)
INVESTING ACTIVITIES - continuing operations      
Capital expenditures, net 2,601 2,237 1,188
Change in restricted cash 611 (1,062) 193
Proceeds from sales/distributions of ownership interests 125,933 1,415 33,982
Ownership acquisition, net of cash acquired (8,043) (2,020) (213,993)
Cash flows provided by (used in) investing activities 115,900 (3,904) (181,006)
FINANCING ACTIVITIES – continuing operations      
Acquisition of noncontrolling interests in subsidiary equity (5,578) (9,991) (878)
Payments on contingent consideration (2,664) (1,870) 0
Borrowings of short-term debt and note payable 0 820 0
Repayment of notes payable and capital lease obligations (8) (24) (10,336)
Purchase of treasury stock (74,265) (1,702) (12,809)
Tax withholdings related to equity-based awards (1,828) (4,279) (5,029)
Financing activities with discontinued operations, net (2,500) (2,301) (5,832)
Cash flows provided by (used in) financing activities (86,843) (19,347) (34,884)
Effect of exchange rate on cash flows and cash equivalents 59 25 0
Net increase (decrease) in cash and cash equivalents from continuing operations 24,907 (27,695) (232,244)
Discontinued operations:      
Cash flows provided by (used in) operating activities (5,681) 3,758 2,136
Cash flows provided by (used in) investing activities (675) (4,863) (5,036)
Cash flows provided by (used in) financing activities 2,500 1,979 3,621
Net increase (decrease) in cash and cash equivalents from discontinued operations (3,856) 874 721
Cash and cash equivalents at beginning of period - discontinued operations 3,856 2,982 2,261
Less: cash and cash equivalents at end of period - discontinued operations 0 3,856 2,982
Cash and cash equivalents at beginning of period 72,457 100,152 332,396
Cash and cash equivalents at beginning of period $ 97,364 $ 72,457 $ 100,152