XML 13 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ (2,438) $ 8,487
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 62 683
Provision for doubtful accounts 66 28
(Benefit from) provision for deferred income taxes (258) 157
Stock-based compensation 811 1,332
Gain on sale of consolidated subsidiaries 0 (13,985)
Changes in assets and liabilities, net of effect of dispositions:    
Increase in accounts receivable (6,358) (9,964)
Decrease (increase) in prepaid and other assets 298 (202)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 267 (4,358)
Decrease in accrued business reorganization 0 (502)
Net cash used in operating activities (7,550) (18,324)
Cash flows from investing activities:    
Capital expenditures (70) (284)
Proceeds from sale of consolidated subsidiaries, net of cash and restricted cash sold 0 27,901
Net cash (used in) provided by investing activities (70) 27,617
Cash flows from financing activities:    
Borrowings under credit agreements 33,541 59,647
Repayments under credit agreements (33,541) (51,682)
Repayment of capital lease obligations 0 (27)
Purchase of treasury stock (4,482) (3)
Purchase of restricted stock from employees (41) (548)
Net cash provided by (used in) financing activities (4,523) 7,387
Effect of exchange rates on cash, cash equivalents and restricted cash (36) 179
Net (decrease) increase in cash, cash equivalents and restricted cash (12,179) 16,859
Cash, cash equivalents, and restricted cash, beginning of the period 41,060 22,006
Cash, cash equivalents, and restricted cash, end of the period 28,881 38,865
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 5 92
Cash received during the period for interest 530 159
Net cash payments during the period for income taxes 484 141
Cash paid for amounts included in operating lease liabilities 246 0
Supplemental non-cash disclosures:    
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 723 $ 0