XML 77 R64.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATING FINANCIAL INFORMATION - STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net loss $ (3,508) $ (13,151)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 28,155 35,518
Amortization of financing costs 1,672 1,672
Loss (gain) on sale or disposal of assets 436 611
Accretion of contract rights 2,002 2,097
Provision for bad debts 2,817 2,444
Reserve for obsolescence 408 119
Stock-based compensation 1,412 1,061
Changes in operating assets and liabilities:    
Net settlement receivables and liabilities (25,098) (12,969)
Other changes in operating assets and liabilities 23,062 7,302
Net cash provided by operating activities 31,358 24,704
Cash flows from investing activities    
Capital expenditures (17,184) (23,613)
Proceeds from sale of fixed assets   10
Placement fee agreements (3,044) (1,000)
Changes in restricted cash and cash equivalents (125) 44
Net cash used in investing activities (20,353) (24,559)
Cash flows from financing activities    
Repayments of credit facility (2,500) (2,500)
Debt issuance costs   (480)
Proceeds from exercise of stock options 5  
Purchase of treasury stock (7) (9)
Net cash used in financing activities (2,502) (2,989)
Effect of exchange rates on cash 307 148
Cash and cash equivalents    
Net (decrease) increase for the period 8,810 (2,696)
Balance, beginning of the period 119,051 102,030
Balance, end of the period 127,861 99,334
Reportable Legal Entities | Parent    
Cash flows from operating activities    
Net loss (3,508) (13,151)
Adjustments to reconcile net loss to cash provided by operating activities:    
Equity in loss (income) of subsidiaries 3,508 13,151
Changes in operating assets and liabilities:    
Other changes in operating assets and liabilities 4 1
Net cash provided by operating activities 4 1
Cash flows from investing activities    
Intercompany investing activities (2) 2
Net cash used in investing activities (2) 2
Cash flows from financing activities    
Proceeds from exercise of stock options 5  
Purchase of treasury stock (7) (9)
Net cash used in financing activities (2) (9)
Cash and cash equivalents    
Net (decrease) increase for the period   (6)
Balance, beginning of the period   6
Reportable Legal Entities | Subsidiary Issuer    
Cash flows from operating activities    
Net loss 14,632 3,026
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 4,643 5,619
Amortization of financing costs 1,672 1,672
Loss (gain) on sale or disposal of assets 27 21
Provision for bad debts 27  
Reserve for obsolescence 140 60
Equity in loss (income) of subsidiaries (4,181) (3,294)
Stock-based compensation 998 699
Changes in operating assets and liabilities:    
Net settlement receivables and liabilities (20,802) (17,373)
Other changes in operating assets and liabilities 19,002 3,788
Net cash provided by operating activities 16,158 (5,782)
Cash flows from investing activities    
Capital expenditures (1,227) (3,150)
Proceeds from sale of fixed assets   10
Changes in restricted cash and cash equivalents 25 44
Intercompany investing activities 179 148
Net cash used in investing activities (1,023) (2,948)
Cash flows from financing activities    
Repayments of credit facility (2,500) (2,500)
Debt issuance costs   (480)
Intercompany financing activities 36 54
Net cash used in financing activities (2,464) (2,926)
Cash and cash equivalents    
Net (decrease) increase for the period 12,671 (11,656)
Balance, beginning of the period 88,648 87,078
Balance, end of the period 101,319 75,422
Reportable Legal Entities | Guarantor Subsidiaries    
Cash flows from operating activities    
Net loss (14,926) (13,389)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 22,913 29,289
Loss (gain) on sale or disposal of assets 409 590
Accretion of contract rights 2,002 2,097
Provision for bad debts 2,790 2,444
Reserve for obsolescence 268 59
Equity in loss (income) of subsidiaries (103)  
Stock-based compensation 414 362
Changes in operating assets and liabilities:    
Net settlement receivables and liabilities (164) 39
Other changes in operating assets and liabilities 4,878 3,408
Net cash provided by operating activities 18,481 24,899
Cash flows from investing activities    
Capital expenditures (15,938) (20,362)
Placement fee agreements (3,044) (1,000)
Changes in restricted cash and cash equivalents (150)  
Intercompany investing activities 145 (8)
Net cash used in investing activities (18,987) (21,370)
Cash and cash equivalents    
Net (decrease) increase for the period (506) 3,529
Balance, beginning of the period 9,103 3,900
Balance, end of the period 8,597 7,429
Reportable Legal Entities | Non-Guarantor Subsidiaries    
Cash flows from operating activities    
Net loss 1,070 506
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 599 610
Changes in operating assets and liabilities:    
Net settlement receivables and liabilities (4,132) 4,365
Other changes in operating assets and liabilities (822) 105
Net cash provided by operating activities (3,285) 5,586
Cash flows from investing activities    
Capital expenditures (19) (101)
Intercompany investing activities (26) (52)
Net cash used in investing activities (45) (153)
Cash flows from financing activities    
Intercompany financing activities (332) (144)
Net cash used in financing activities (332) (144)
Effect of exchange rates on cash 307 148
Cash and cash equivalents    
Net (decrease) increase for the period (3,355) 5,437
Balance, beginning of the period 21,300 11,046
Balance, end of the period 17,945 16,483
Eliminations    
Cash flows from operating activities    
Net loss (776) 9,857
Adjustments to reconcile net loss to cash provided by operating activities:    
Equity in loss (income) of subsidiaries 776 (9,857)
Cash flows from investing activities    
Intercompany investing activities (296) (90)
Net cash used in investing activities (296) (90)
Cash flows from financing activities    
Intercompany financing activities 296 90
Net cash used in financing activities $ 296 $ 90