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Condensed Consolidated Statement of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities    
Net income (loss) $ 5,456,000 $ (2,693,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,904,474 4,595,735
Stock-based compensation expense 1,418,814 1,240,523
Deferred income taxes (16,105) (389,286)
Bad debt provision 175,422 656,237
Change in fair value of contingent consideration (1,039,693) 1,910,922
Other operating activities 52,427 52,427
Change in assets:    
Accounts receivable and unbilled revenue (7,317,819) (16,255,677)
Inventories 1,299,728 (1,388,002)
Prepaid expenses and other assets (978,564) 16,381,567
Change in liabilities:    
Accounts payable (6,889,997) (40,196,285)
Accrued expenses and other liabilities 5,056,964 11,517,465
Net cash provided by (used in) operating activities 121,419 (24,567,230)
Cash flows from investing activities    
Purchases of property and equipment (3,042,073) (3,987,162)
Net cash used in investing activities (3,042,073) (3,987,162)
Cash flows from financing activities    
Net borrowings from revolving credit facilities 6,519,048 19,357,516
Net short-term secured borrowings (800,696) (1,802,548)
Repurchases of common stock (4,342,419)  
Stock Repurchased During Period, Value 5,490,956 0
Payments of contingent consideration 0 (525,000)
Proceeds from exercise of stock options 188,544 984,000
Other financing activities (94,952) 381,502
Net cash provided by financing activities 1,469,525 18,395,470
Effect of exchange rate changes on cash and cash equivalents 447,443 332,952
Decrease in cash and cash equivalents (1,003,686) (9,825,970)
Cash and cash equivalents, beginning of period 30,924,000 30,754,930
Cash and cash equivalents, end of period $ 29,920,200 $ 20,928,960