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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities attributable to continuing operations:    
Net (loss) income and comprehensive (loss) income $ (512) $ 31,524
Less: Loss from discontinued operations, net of tax 1,062 4,333
Net income from continuing operations 550 35,857
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Loss on disposal of assets 468 92
Amortization of intangibles 13,427 3,963
Depreciation 2,482 1,671
Rental amortization of intangibles and depreciation 0 202
Non-cash compensation expense 14,053 11,109
Deferred income taxes (7,752) (25,781)
Change in fair value of contingent consideration 14,592 (741)
Bad debt expense 510 56
Amortization of debt issuance costs 483 434
Amortization of convertible debt discount 2,951 2,799
Changes in current assets and liabilities:    
Accounts receivable (27,534) (11,381)
Prepaid and other current assets (207) (515)
Accounts payable, accrued expenses and other current liabilities 5,705 (2,024)
Current contingent consideration (1,000) 0
Income taxes receivable 4,288 2,092
Other, net 253 (158)
Net cash provided by operating activities attributable to continuing operations 23,269 17,675
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (4,960) (3,456)
Other investing activities 0 (34)
Net cash used in investing activities attributable to continuing operations (110,405) (3,500)
Cash flows from financing activities attributable to continuing operations:    
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (3,585) 2,057
Contingent consideration payments (3,000) (23,500)
Net proceeds from revolving credit facility 60,000 0
Payment of debt issuance costs (31) (76)
Purchase of treasury stock (3,976) (12,099)
Net cash provided by (used in) financing activities attributable to continuing operations 49,408 (33,618)
Total cash used in continuing operations (37,728) (19,443)
Net cash used in operating activities attributable to discontinued operations (2,827) (2,644)
Total cash used in discontinued operations (2,827) (2,644)
Net decrease in cash, cash equivalents, restricted cash and restricted cash equivalents (40,555) (22,087)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 105,158 372,641
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 64,603 350,554
Non-cash investing activities:    
Capital additions from tenant improvement allowance 852 0
ValuePenguin    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired (105,445) 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 600  
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 1,600 2,100
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses 0 (10)
Cash flows from financing activities attributable to continuing operations:    
Contingent consideration payments (3,000)  
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 800 $ 900
Cash flows from financing activities attributable to continuing operations:    
Contingent consideration payments $ (1,000)