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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities attributable to continuing operations:    
Net income and comprehensive income $ 99,799 $ 23,304
Less: Loss from discontinued operations, net of tax 9,269 2,632
Net income from continuing operations 109,068 25,936
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Loss on impairments and disposal of assets 1,986 673
Amortization of intangibles 13,628 9,034
Depreciation 5,199 5,309
Rental amortization of intangibles and depreciation 554 1,011
Non-cash compensation expense 34,384 13,068
Deferred income taxes (64,435) (5,571)
Change in fair value of contingent consideration 1,197 20,640
Bad debt expense 922 401
Amortization of debt issuance costs 1,308 622
Amortization of convertible debt discount 8,497 3,635
Changes in current assets and liabilities:    
Accounts receivable (23,387) (22,271)
Prepaid and other current assets (2,970) (5,070)
Accounts payable, accrued expenses and other current liabilities (7,910) 19,361
Current contingent consideration (21,900) 0
Income taxes receivable 4,223 (1,399)
Other, net 137 296
Net cash provided by operating activities attributable to continuing operations 60,227 65,083
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (10,640) (5,925)
Other investing activities (12) 0
Net cash used in investing activities attributable to continuing operations (79,793) (72,322)
Cash flows from financing activities attributable to continuing operations:    
Proceeds from exercise of stock options, net of payments related to net-share settlement of stock-based compensation 3,236 1,065
Contingent consideration payments (26,600) 0
Proceeds from the issuance of 0.625% Convertible Senior Notes 0 300,000
Payment of convertible note hedge transactions 0 (61,500)
Proceeds from the sale of warrants 0 43,410
Payment of debt issuance costs (100) (9,264)
Purchase of treasury stock (57,018) (10,001)
Net cash (used in) provided by financing activities attributable to continuing operations (80,482) 263,710
Total cash (used in) provided by continuing operations (100,048) 256,471
Net cash used in operating activities attributable to discontinued operations (7,352) (2,365)
Total cash used in discontinued operations (7,352) (2,365)
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents (107,400) 254,106
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 372,641 95,220
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 265,241 349,326
Student Loan Hero    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired (57,448) 0
Ovation    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration 900  
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired (11,683) 0
SnapCap    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration 1,800  
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses (10) (11,886)
DepositAccounts    
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Change in fair value of contingent consideration 1,400  
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses 0 (25,000)
MagnifyMoney    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired $ 0 $ (29,511)