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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities    
Net income (loss) $ 5,677 $ (2,098)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation expense 2,739 3,207
Amortization of intangible assets 5,032 9,514
Deferred tax (benefit) expense from stock issuances (202) 333
Amortization of deferred financing costs 761 884
Loss on sublease   578
Stock-based compensation 9,862 7,439
Changes in fair value of contingent consideration 356 145
Changes in accounts receivable allowance 231 351
Deferred tax benefit (241) (1,008)
Loss on disposal of fixed assets 66 19
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable and contract assets (4,488) (6,028)
Prepaid expense and other assets 885 1,545
Accounts payable 879 (2,381)
Contract liabilities (471) (387)
Debt issuance costs   (38)
Accrued expenses (1,958) (631)
Net cash provided by operating activities 19,128 11,444
Cash flows from investing activities    
Acquisitions, net of cash acquired   (889)
Purchase of furniture, fixtures and equipment (3,999) (3,169)
Net cash used in investing activities (3,999) (4,058)
Cash flows from financing activities    
Principal payments on borrowings (10,637) (8,540)
Payment of the Alsbridge Notes (7,000)  
Proceeds from issuance of employee stock purchase plan shares 824 672
Payment of contingent consideration (1,200) (2,665)
Installment payment for acquisitions   (543)
Payments related to tax withholding for stock-based compensation (2,927) (2,210)
Equity securities repurchased (3,063) (2,853)
Net cash used in financing activities (24,003) (16,139)
Effect of exchange rate changes on cash (915) 2,285
Net decrease in cash, cash equivalents, and restricted cash (9,789) (6,468)
Cash, cash equivalents, and restricted cash, beginning of period 28,514 34,982
Cash, cash equivalents, and restricted cash, end of period 18,725 28,514
Cash paid for:    
Interest 5,978 5,596
Taxes, net of refunds 2,622 2,440
Non-cash investing and financing activities:    
Issuance of treasury stock for vested restricted stock awards $ 5,188 $ 7,100