XML 25 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income (loss) $ (23.3) $ (8.3)
Adjustments to reconcile net income (loss) to net cash used in operations:    
Depreciation and amortization 4.9 3.2
Share-based compensation 3.9 3.7
Deferred income taxes 12.3 (0.5)
Changes in operating assets and liabilities:    
Accounts receivable and related party accounts receivable (15.3) (24.2)
Prepaid income taxes (0.4) 3.7
Prepaid expenses and other assets (0.9) (15.5)
Accounts payable (1.4) (4.0)
Accrued compensation and benefits (0.2) 3.2
Other liabilities 3.4 3.5
Customer liabilities and customer liabilities - related party 7.1 7.3
Net cash used in operating activities (9.9) (27.9)
Investing activities    
Purchases of property, equipment, and software (3.4) (9.2)
Net cash used in investing activities (3.4) (9.2)
Financing activities    
Issuance of common stock and stock warrants, net of issuance costs 19.3 0.0
Exercise of vested stock options 0.2 0.0
Purchase of treasury stock 0.0 (0.6)
Shares withheld for taxes (1.9) (1.5)
Net cash provided (used in) by financing activities 17.6 (2.1)
Effect of exchange rate changes in cash, cash equivalents and restricted cash (0.2) 0.7
Net increase (decrease) in cash, cash equivalents and restricted cash 4.1 (38.5)
Cash, cash equivalents and restricted cash, at beginning of period 166.4 182.7
Cash, cash equivalents and restricted cash, at end of period 170.5 144.2
Supplemental disclosures of cash flow information    
Accrued dividends payable to Preferred Stockholders 4.6 4.3
Accrued and other liabilities related to purchases of property, equipment and software 4.1 0.3
Accounts payable related to purchases of property, equipment and software 0.6 0.4
Income taxes paid (0.4) (0.3)
Income taxes refunded $ 0.4 $ 3.4