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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net (loss) income $ (1,902) $ 10,721
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 18 680
Provision for doubtful accounts 0 37
(Benefit from) provision for deferred income taxes (32) 223
Stock-based compensation 184 696
Gain on sale of consolidated subsidiaries 0 (14,043)
Changes in assets and liabilities, net of effect of dispositions:    
Increase in accounts receivable (2,617) (8,429)
Decrease (increase) in prepaid and other assets 484 (412)
Decrease in accounts payable, accrued expenses and other liabilities (2,351) (3,691)
Decrease in accrued business reorganization 0 (487)
Net cash used in operating activities (6,216) (14,705)
Cash flows from investing activities:    
Capital expenditures (35) (284)
Proceeds from sale of consolidated subsidiaries, net of cash and restricted cash sold 0 27,977
Net cash (used in) provided by investing activities (35) 27,693
Cash flows from financing activities:    
Borrowings under credit agreements 0 59,674
Repayments under credit agreements 0 (51,682)
Repayment of capital lease obligations 0 (26)
Purchase of treasury stock (3,982) 0
Purchase of restricted stock from employees (36) (67)
Net cash (used in) provided by financing activities (4,018) 7,899
Effect of exchange rates on cash, cash equivalents and restricted cash 51 404
Net (decrease) increase in cash, cash equivalents and restricted cash (10,218) 21,291
Cash, cash equivalents, and restricted cash, beginning of the period 41,060 22,006
Cash, cash equivalents, and restricted cash, end of the period 30,842 43,297
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 0 92
Net cash payments during the period for income taxes 47 129
Cash paid for amounts included in operating lease liabilities 87 0
Supplemental non-cash disclosures:    
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 723 $ 0