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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating Activities – continuing operations    
Net income (loss) $ 8,166 $ (12,210)
(Income) loss from discontinued operations, including gain on sale, net of tax (27,696) 966
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 7,987 3,461
Equity-based compensation 4,606 3,377
Impairment related and other 772 287
Other (income) loss 912 (1,451)
Equity loss 1,624 [1] 5,539 [2]
Deferred income taxes (667) 34
Changes in assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (2,695) (5,052)
Prepaid expenses and other assets 34 (2,916)
Accounts payable 511 1,635
Accrued expenses 1,137 733
Accrued compensation and benefits (9,048) (281)
Deferred revenue 1,186 959
Other liabilities (1,539) (353)
Cash flows provided by (used in) operating activities (14,710) (5,272)
Investing Activities – continuing operations    
Capital expenditures, net (2,671) (3,431)
Advanced deposits for acquisition of fixed assets 14 (1,138)
Change in restricted cash (43) (162)
Proceeds from sales/distributions of ownership interests 73,469 15,913
Proceeds from sales of marketable securities 760 7,526
Ownership acquisitions, net of cash acquired (4,286) (57,583)
Acquisitions by subsidiaries, net of cash acquired   (11,500)
Cash flows provided by (used in) investing activities 67,243 (50,375)
Financing Activities – continuing operations    
Acquisition of noncontrolling interest in subsidiary equity (1,403) (1,529)
Borrowings of long-term debt 4,400 1,008
Repayment long-term debt and capital lease obligations (3,205) (3,618)
Payment of deferred and/or contingent acquisition costs (1,000)  
Purchase of treasury stock (7,436) (4,114)
Tax withholdings related to equity-based awards (267) (188)
Cash received for stock option exercises   252
Other financing activities (79) 26
Cash flows provided by (used in) financing activities (8,990) (8,163)
Effect of exchange rates on cash (246) (18)
Discontinued Operations    
Cash flows provided by (used in) operating activities 302 (1,033)
Cash flows provided by (used in) investing activities   (67)
Cash flows provided by (used in) financing activities      
Net increase (decrease) in cash and cash equivalents from discontinued operations 302 (1,100)
Net increase (decrease) in cash and cash equivalents 43,599 (64,928)
Cash and cash equivalents at beginning of period 45,435 121,871
Cash and cash equivalents at end of period $ 89,034 $ 56,943
[1] Includes Acquirgy, CIML (from February 20, 2013, the date of deconsolidation), Freeborders and WhiteFence.
[2] Includes Acquirgy, Bolt, CIML, Freeborders, GoIndustry-DoveBid plc (“GoIndustry”) and WhiteFence.