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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net loss $ (45,550) $ (25,506)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 35,091 23,722
Deferred income taxes (3,346) (11,176)
Amortization of deferred costs 3,172 2,555
Foreign currency re-measurement loss 311 155
Non-cash interest and other expense 1,669 979
Non-cash stock compensation expense 31,263 18,716
Non-cash loss on retirement of fixed assets 473 0
Non-cash loss on debt extinguishment 0 2,317
Changes in operating assets and liabilities, net of purchase business combinations:    
Accounts receivable 13,140 6,405
Prepaids and other (10,093) (4,280)
Accounts payable (1,782) (903)
Accrued expenses and other liabilities (8,789) (5,037)
Deferred revenue (1,407) (2,893)
Net cash provided by operating activities 14,152 5,054
Investing activities    
Purchase of property and equipment (833) (723)
Purchase of customer relationships (201) (438)
Purchase business combinations, net of cash acquired (67,651) (105,771)
Net cash used in investing activities (68,685) (106,932)
Financing activities    
Payments on finance leases (86) (499)
Proceeds from notes payable, net of issuance costs (169) 382,306
Payments on notes payable (4,050) (323,218)
Taxes paid related to net share settlement of equity awards (2,140) (6,108)
Issuance of common stock, net of issuance costs 130,174 151,549
Additional consideration paid to sellers of businesses (11,652) (5,886)
Net cash provided by financing activities 112,077 198,144
Effect of exchange rate fluctuations on cash 404 302
Change in cash and cash equivalents 57,948 96,568
Cash and cash equivalents, beginning of period 175,024 16,738
Cash and cash equivalents, end of period 232,972 113,306
Supplemental disclosures of cash flow information:    
Cash paid for interest, net of interest rate swaps 22,456 17,554
Cash paid for taxes 2,220 2,185
Sales commissions paid, net of amortization of deferred commissions 4,195 3,712
Non-cash investing and financing activities:    
Business combination consideration including holdbacks and earnouts 345 7,926
Equipment acquired pursuant to financing lease obligations $ 0 $ 44