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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss $ (4,725) $ (5,239)
Adjustments to reconcile net loss including non-controlling interests to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 18,646 19,009
Amortization of intangible assets 1,111 1,131
Impairment loss and loss on disposal of fixed assets and intangible assets held for sale, net (30) 91
Stock-based compensation 1,537 2,344
Amortization of deferred financing costs and debt discount, net of amounts capitalized 2,343 2,256
Non-cash operating lease cost 639 438
Gains and amortization of premiums/discounts for marketable securities (81) (207)
Change in deferred income taxes (12) 0
Changes in operating assets and liabilities:    
Accounts receivable (4,912) 4,307
Prepaid expenses and other assets (1,071) (13)
Accounts payable (166) 1,397
Accrued expenses and other liabilities (3,253) (1,481)
Deferred revenue 9,801 439
Operating lease liabilities (794) (729)
Net cash provided by operating activities 19,033 23,743
Cash flows from investing activities    
Purchases of marketable securities (15,032) (36,665)
Proceeds from maturities of marketable securities 25,965 0
Purchases of property and equipment (22,592) (32,390)
Net cash used in investing activities (11,659) (69,055)
Cash flows from financing activities    
Debt issuance costs 0 (1,687)
Proceeds from credit facility 100,000 3,500
Principal payments on credit facility 0 (194)
Payments of acquisition related consideration 0 (1,952)
Proceeds from exercise of stock options 185 6
Payments of finance leases and notes payable (1,285) (1,853)
Payments of withholding tax on net issuance of restricted stock units (461) (32,907)
Payments to non-controlling interest (262) 0
Net cash provided by (used in) financing activities 98,177 (35,087)
Effect of exchange rates on cash (36) 3
Net increase (decrease) in cash and cash equivalents 105,515 (80,396)
Cash and cash equivalents at beginning of period 40,401 149,412
Cash and cash equivalents at end of period 145,916 69,016
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment costs included in accounts payable, accrued expenses and other liabilities 39,754 39,309
Capitalized stock-based compensation included in property and equipment costs 149 230
Purchase price for business acquisition included in accrued expenses and other liabilities 0 2,961
Debt issuance costs included in accrued expenses and other liabilities 0 125
Financed sale of intangible assets held for sale $ 277 $ 311