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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (7,977) $ (28,515)
Less: Loss from discontinued operations 0 (3,354)
Loss from continuing operations (7,977) (25,161)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 50,126 47,948
Operating right-of-use asset amortization 5,320 0
Stock-based compensation expense 11,658 9,957
Deferred taxes 6 723
Asset impairment charges 98 0
(Recovery) impairment of long-term investments (1,045) 5,500
Equity in net loss of unconsolidated investments 64 61
Loss on sale of businesses, net 0 871
Other income (losses), net 172 (941)
Changes in operating assets and liabilities (net of businesses acquired):    
Accounts receivable and contract assets, net 32,307 33,075
Prepaid expenses and other assets 3,658 (6,501)
Accounts payable 7,382 4,707
Accrued expenses (4,847) 13,670
Accrued compensation and benefits (39,525) (18,610)
Deferred revenue (17,107) (13,894)
Other liabilities 1,380 2,910
Operating leases (5,854) 0
Net cash provided by operating activities - continuing operations 35,816 54,315
Net cash (used in) provided by operating activities - discontinued operations (30,000) 3,993
Net cash provided by operating activities 5,816 58,308
Cash flows from investing activities:    
Capital expenditures (4,847) (7,508)
Capitalized software (28,600) (26,168)
Cash paid for business acquisitions, net of cash acquired 0 (107,212)
Sales (purchases) of equity securities, other investments and related intangible assets, net 32 0
Other proceeds from investing activities 5 37
Net cash used in investing activities - continuing operations (33,410) (140,851)
Net cash used in investing activities - discontinued operations 0 (8,961)
Net cash used in investing activities (33,410) (149,812)
Cash flows from financing activities:    
Proceeds from sale or issuance of common stock 0 212
Taxes paid related to net share settlement of equity awards (5,327) (8,496)
Payments of lease obligations (55) (255)
Credit facility payments (5,000) 0
Credit facility borrowings, net of issuance costs 120,000 145,843
Repurchase of common stock (65,070) (57,599)
Payment of acquisition financing obligations 0 (3,226)
Purchases of subsidiary shares owned by non-controlling interest (54,064) 0
Net cash (used in) provided by financing activities - continuing operations (9,516) 76,479
Net cash used in financing activities - discontinued operations 0 (3,766)
Net cash (used in) provided by financing activities (9,516) 72,713
Effect of exchange rate changes on cash and cash equivalents 163 65
Net decrease in cash and cash equivalents (36,947) (18,726)
Cash, cash equivalents and restricted cash, beginning of period 184,795 162,498
Cash, cash equivalents and restricted cash, end of period 147,848 143,772
Less: Cash and cash equivalents included in current assets attributable to discontinued operations 0 (19,105)
Cash, cash equivalents and restricted cash, end of period, excluding discontinued operations $ 147,848 $ 124,667