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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Consolidated net income $ 3,626 $ 10,546
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,764 7,325
Provision for allowances 3,658 3,071
Deferred income tax expense 3,046 1,609
Gain on derivative liability 0 (1,581)
Loss on early extinguishment of debt 36 4,969
Write-off of property and equipment 643 0
Equity compensation 2,364 3,083
Other non-cash costs 775 508
Changes in operating assets and liabilities:    
Accounts receivable 2,745 3,337
Prepaid expenses and other assets (1,145) 1,111
Accounts payable and accrued expenses (1,675) (5,255)
Other liabilities (1,080) (18)
Net cash provided by operating activities 21,757 28,705
Cash flows from investing activities    
Acquisitions, net of cash acquired 0 (85,977)
Acquisition-related settlements (149) (239)
Purchases of property and equipment (3,405) (4,043)
Net cash used in investing activities (3,554) (90,259)
Cash flows from financing activities    
Proceeds from Term Loans 0 62,000
Principal payments on Term Loans (8,750) (1,500)
Convertible Note cash payment 0 (5,000)
Borrowings on revolving credit facility 0 39,000
Repayments on revolving credit facility 0 (39,000)
Debt issuance costs 0 (901)
Extinguishment fees 0 (578)
Stock repurchase and retirement (5,000) 0
Other (1,841) (2,350)
Net cash (used in) provided by financing activities (15,591) 51,671
Effect of exchange rate changes on cash (84) 18
Change in cash and cash equivalents 2,528 (9,865)
Cash and cash equivalents at beginning of period 25,537 20,630
Cash and cash equivalents at end of period $ 28,065 $ 10,765