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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income (loss) attributable to the Corporation $ 3,158 $ (22,856)
Net income attributable to noncontrolling interest 4,128 3,555
Net income (loss) 7,286 (19,301)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 14,107 12,125
(Gain) loss on early extinguishment of debt (3,014) 17,157
Amortization of loan costs and debt discounts 1,209 1,836
Payment in kind interest 0 1,022
Deferred income taxes (1,672) 568
Loss on disposal/sale of property and equipment 395 504
Notes payable early repayment penalty and fees to advisors (41) (9,174)
Share-based compensation 675 0
Change in the fair value of note payable to related parties – Former SAE stockholders 0 5,094
Unrealized loss on foreign currency transactions 4,953 0
Changes in operating assets and liabilities:    
Accounts receivable 1,246 (36,047)
Prepaid expenses 11,889 (8,245)
Deferred costs on contracts 3,003 (5,755)
Accounts payable (1,041) 15,920
Accrued liabilities (7,493) 16,495
Income and other taxes payable (16,236) (1,545)
Deferred revenue (72) (6,507)
Other, net 50 (92)
Net cash provided by (used in) operating activities 15,244 (15,945)
Investing activities:    
Purchase of property and equipment (5,602) (15,828)
Proceeds from sale of property and equipment 270 72
Net cash used in investing activities (5,332) (15,756)
Financing activities:    
Proceeds from issuance of senior secured notes 0 150,000
Repayment of notes payable (1,228) (99,659)
Payment of loan issuance costs 0 (6,658)
Revolving credit facility borrowings 14,200 0
Revolving credit facility repayments (14,200) 0
Repayments of capital lease obligations (259) (396)
Distribution to noncontrolling interest (3,358) 0
Dividend payments on Former SAE preferred shares 0 (1,072)
Net cash provided by (used in) financing activities (4,845) 42,215
Effect of exchange rate changes on cash and cash equivalents (74) 515
Net change in cash and cash equivalents 4,993 11,029
Cash and cash equivalents at the beginning of period 12,322 17,351
Cash and cash equivalents at the end of period 17,315 28,380
Supplemental disclosures of cash flow information:    
Interest paid 15,910 11,085
Income taxes paid 1,683 4,223
Supplemental disclosures of cash flow information -- non-cash investing and financing activities:    
Capital assets acquired under capital lease 0 50
Capital assets acquired included in accounts payable 404 360
Conversion of notes payable to related parties -- directors 0 500
Grantee election to fund payroll taxes out of restricted stock grant $ 85 $ 0