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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Consolidated net income $ 3,744 $ 3,502
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,872 4,476
Provision for allowances 2,371 1,935
Deferred income tax expense 1,868 1,200
Gain on derivative liability 0 (1,581)
Loss on early extinguishment of debt 0 4,969
Equity compensation 1,383 2,015
Other non-cash costs 651 1,002
Changes in operating assets and liabilities:    
Accounts receivable 8,808 15,783
Prepaid expenses and other assets (999) 279
Accounts payable and accrued expenses (4,930) (8,449)
Other liabilities (829) 394
Net cash provided by operating activities 17,939 25,525
Cash flows from investing activities    
Acquisition-related settlements (26) 0
Purchases of property and equipment (2,289) (3,386)
Net cash used in investing activities (2,315) (3,386)
Cash flows from financing activities    
Principal payments on Term Loans (2,500) (1,500)
Convertible Note cash payment 0 (5,000)
Extinguishment fees 0 (578)
Stock repurchase and retirement (4,700) 0
Other (1,366) (1,778)
Net cash used in financing activities (8,566) (8,856)
Effect of exchange rate changes on cash (36) 23
Change in cash and cash equivalents 7,022 13,306
Cash and cash equivalents at beginning of period 25,537 20,630
Cash and cash equivalents at end of period $ 32,559 $ 33,936