XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (13,478) $ (11,782)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Change in allowance for doubtful accounts 3,033 477
Change in the fair value of acquisition-related contingent consideration   (2,063)
Amortization and write-off of deferred financing fees 388 388
Depreciation and amortization 25,773 25,204
Stock-based compensation 3,150 3,743
Foreign exchange loss 338 21
Deferred income taxes (464) (446)
Other 1,109 968
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 9,345 (2,592)
Inventories 1,592 672
Prepaid expenses and other assets 1,840 (2,587)
Accounts payable and accrued liabilities (9,416) (2,418)
Deferred revenue (1,313) (287)
Other liabilities (1,113) 1,637
Net cash provided by operating activities 20,784 10,935
Cash flows from investing activities:    
Capital expenditures (10,517) (10,550)
Capital expenditures associated with the subscription model (217)  
Net cash used in investing activities (10,734) (10,550)
Cash flows from financing activities:    
Purchases of common stock under share repurchase program (2,527)  
Payments under revolving credit facility (15,000)  
Proceeds under revolving credit facility 15,000  
Payments under the Paycheck Protection Program (7,588)  
Proceeds under the Paycheck Protection Program 7,588  
Proceeds from issuance of common stock under employee stock purchase plan 430 604
Net cash (used in) provided by financing activities (2,097) 604
Effect of exchange rate changes on cash and cash equivalents 144 40
Net increase in cash and cash equivalents 8,097 1,029
Beginning of period 54,258 53,766
End of period 62,355 54,795
Cash paid for:    
Interest 10,000 10,000
Income taxes 2,745 1,763
Noncash investing and financing activities:    
Capital expenditures incurred not yet paid 1,446 854
Stock-based compensation related to capital expenditures $ 247 $ 458