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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income (loss) $ (26,200) $ (15,000)
Adjustments to reconcile net income (loss) to net cash used in operations:    
Depreciation and amortization 13,400 7,000
Amortization of debt issuance costs 400 0
Share-based compensation 9,000 5,900
Loss on disposal 700 200
Provision (recovery) for doubtful receivables 237 91
Deferred income taxes (10,500) (4,100)
Changes in operating assets and liabilities:    
Accounts receivable and related party accounts receivable (21,600) (13,200)
Prepaid income taxes (800) 3,500
Prepaid expenses and other assets (7,300) (9,200)
Accounts payable 1,400 (2,300)
Accrued compensation and benefits 7,900 (400)
Other liabilities 11,400 (400)
Customer liabilities and customer liabilities - related party 900 5,000
Net cash used in operating activities (21,100) (22,900)
Investing activities    
Purchases of property, equipment, and software (15,300) (23,200)
Acquisition of IMX, net of cash acquired (465,300) 0
Net cash used in investing activities (480,600) (23,200)
Financing activities    
Issuance of common stock and stock warrants, net of issuance costs 19,300 0
Exercise of vested stock options 2,800 0
Purchase of treasury stock 0 (1,200)
Shares withheld for taxes (2,900) (1,900)
Net cash provided (used in) by financing activities 378,200 (3,100)
Effect of exchange rate changes in cash, cash equivalents and restricted cash (600) 400
Net increase (decrease) in cash, cash equivalents and restricted cash (124,100) (48,800)
Cash, cash equivalents and restricted cash, at beginning of period 166,400 182,700
Cash, cash equivalents and restricted cash, at end of period 42,300 133,900
Supplemental disclosures of cash flow information    
Accrued dividends payable to Preferred Stockholders 4,700 4,400
Accrued and other liabilities related to purchases of property, equipment and software 10,300 1,000
Accounts payable related to purchases of property, equipment and software 1,200 1,700
Income taxes paid (1,300) (600)
Income taxes refunded 400 3,400
Senior Secured Debt    
Financing activities    
Issuance of debt, net of discount and issuance costs 253,100 0
Subordinated Notes    
Financing activities    
Issuance of debt, net of discount and issuance costs $ 105,900 $ 0