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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities attributable to continuing operations:    
Net income and comprehensive income $ 11,706 $ 74,071
Less: Loss from discontinued operations, net of tax 1,825 6,635
Net income from continuing operations 13,531 80,706
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
(Gain) loss on impairments and disposal of assets (1,729) 1,889
Amortization of intangibles 27,707 7,927
Depreciation 5,041 3,304
Rental amortization of intangibles and depreciation 0 396
Non-cash compensation expense 30,035 22,287
Deferred income taxes (13,624) (56,197)
Change in fair value of contingent consideration 17,382 (908)
Bad debt expense 1,282 513
Amortization of debt issuance costs 970 865
Amortization of convertible debt discount 5,929 5,623
Changes in current assets and liabilities:    
Accounts receivable (48,396) (26,841)
Prepaid and other current assets (190) (787)
Accounts payable, accrued expenses and other current liabilities 28,192 (3,970)
Current contingent consideration (3,000) (21,900)
Income taxes receivable 4,388 2,522
Other, net 357 (165)
Net cash provided by operating activities attributable to continuing operations 67,875 15,264
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (9,769) (6,747)
Proceeds from sale of fixed assets 24,062 0
Other investing activities 0 (1)
Net cash used in investing activities attributable to continuing operations (90,838) (18,441)
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 (7,646) 895
Contingent consideration payments (3,000) (25,600)
Net repayment of revolving credit facility (10,000) 0
Payment of debt issuance costs (31) (84)
Purchase of treasury stock (3,976) (47,101)
Net cash used in financing activities attributable to continuing operations (24,653) (71,890)
Total cash used in continuing operations (47,616) (75,067)
Net cash used in operating activities attributable to discontinued operations (6,152) (4,224)
Total cash used in discontinued operations (6,152) (4,224)
Net decrease in cash, cash equivalents, restricted cash and restricted cash equivalents (53,768) (79,291)
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 51,390 293,350
Non-cash investing activities:    
Capital additions from tenant improvement allowance 1,111 0
ValuePenguin    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired (105,578) 0
QuoteWizard    
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 16,900  
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired (447) 0
Ovation    
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses, net of cash acquired 0 (11,683)
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 1,500  
Cash flows from investing activities attributable to continuing operations:    
Acquisition of businesses 0 $ (10)
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 $ (1,000)