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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 46,025 $ 45,126 $ 33,133
Adjustments to reconcile net income to net cash provided by operating activities, net of acquisitions:      
Depreciation and amortization 14,060 14,494 12,051
Deferred income taxes 3,908 7,282 (4,652)
Stock-based compensation 10,625 9,434 6,005
Amortization of debt issuance costs under the credit facility 860 804 737
Provision for credit losses 678 962 918
Impairment of assets 1,174   1,256
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 20,592 (3,916) 23,860
Prepaid expenses and other current assets 1,471 (8,599) (1,973)
Government stimulus advances 8,739 (27,914) 19,393
Accounts payable 2,514 (4,810) 2,159
Accrued payroll (918) 7,888 5,228
Accrued expenses and other liabilities (4,618) (1,263) 11,296
Net cash provided by operating activities 105,110 39,488 109,411
Cash flows from investing activities:      
Business acquisition, net of cash acquired (98,290) (37,370) (207,660)
Proceeds on disposal of businesses     255
Purchases of property and equipment (8,300) (4,645) (6,831)
Net cash used in investing activities (106,590) (42,015) (214,236)
Cash flows from financing activities:      
Borrowings on revolver — credit facility 47,000 46,395 135,000
Payments on revolver - credit facility (137,000)    
Payments on term loan — credit facility   (18,130) (735)
Payments on financing lease obligations     (22)
Payments for debt issuance costs under the credit facility   (3,029)  
Cash received from exercise of stock options 2,546 1,108 3,946
Net cash (used in) provided by financing activities (87,454) 26,344 138,189
Net change in cash (88,934) 23,817 33,364
Cash, at beginning of period 168,895 145,078 111,714
Cash, at end of period 79,961 168,895 145,078
Supplemental disclosures of cash flow information:      
Cash paid for interest 7,985 5,094 2,365
Cash paid for income taxes 1,483 17,820 10,590
Supplemental disclosures of non-cash investing and financing activities      
Leasehold improvements acquired through tenant allowances 295   5,161
Licensing fees included in fixed assets $ 4,000    
Tax benefit related to the amortization of tax goodwill in excess of book basis   $ 61 $ 225