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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:          
Net (loss) income $ 14,528 $ 16,180 $ (26,641) $ 47,163  
Less: Loss from discontinued operations 3,603 (4,096) (59,299) (3,556)  
Income from continuing operations 10,925 20,276 32,658 50,719  
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:          
Depreciation and amortization     42,278 49,042  
Non-cash lease expense, net     (5,289) (8,822)  
Stock-based compensation expense     19,901 8,804  
Deferred taxes     (2,978) 4,468  
Impairment of assets and long-term investments     0 531  
Equity in net loss of unconsolidated investments 617 257 1,222 321  
Gain on sale of businesses, net 0 (8,363) 0 (8,363)  
Other income, net     (1,208) (4,292)  
Changes in operating assets and liabilities (net of businesses acquired):          
Accounts receivable and contract assets, net     72,287 (18,212)  
Prepaid expenses and other assets     29,698 (4,532)  
Accounts payable     21,022 (2,628)  
Accrued expenses     1,054 42,129  
Accrued compensation and benefits     (1,921) (10,325)  
Deferred revenue     (68,065) (4,823)  
Other liabilities     (21,658) 4,528  
Net cash provided by operating activities - continuing operations     119,001 98,545  
Net cash used in operating activities - discontinued operations     (23,234) (239,018)  
Net cash provided by (used in) operating activities     95,767 (140,473)  
Cash flows from investing activities:          
Capital expenditures     (1,876) (1,050)  
Capitalized software     (26,207) (26,595)  
Cash paid for business acquisitions, net of cash acquired     (24,106) 0  
Sale of businesses and other investments, net of cash divested, and distributions received     672,498 5,380  
Purchases of equity securities, other investments and related intangible assets, net     (1,342) (219)  
Net cash provided by (used in) investing activities - continuing operations     618,967 (22,484)  
Net cash used in investing activities - discontinued operations     (15,248) (32,388)  
Net cash provided by (used in) investing activities     603,719 (54,872)  
Cash flows from financing activities:          
Taxes paid related to net share settlement of equity awards     (32,666) (12,718)  
Credit facility payments     (200,000) (50,000)  
Credit facility borrowings, net of issuance costs     22,335 250,000  
Repurchase of common stock     (177,031) (308,953)  
Intercompany to/from parent/subsidiaries     11,685 47,323  
Payment of acquisition and other financing obligations     0 (2,400)  
Net cash used in financing activities - continuing operations     (375,677) (76,748)  
Net cash used in financing activities - discontinued operations     (11,697) (48,572)  
Net cash used in financing activities     (387,374) (125,320)  
Effect of exchange rate changes on cash and cash equivalents     (728) (480)  
Net increase (decrease) in cash and cash equivalents     311,384 (321,145)  
Cash, cash equivalents and restricted cash, beginning of period     190,520 537,465 $ 537,465
Cash, cash equivalents and restricted cash, end of period 501,904 216,320 501,904 216,320 $ 190,520
Less: Cash and cash equivalents attributable to discontinued operations (8,000) (72,680) (8,000) (72,680)  
Cash, cash equivalents and restricted cash, end of period, excluding discontinued operations $ 493,904 $ 143,640 $ 493,904 $ 143,640