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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net (loss) income $ 36,506 $ 28,102
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,718 37,823
Amortization of debt issuance costs 433 267
Deferred income taxes (13,249) (15,911)
Provision for credit losses 2,018 10,588
Provision for service credits 4,528 6,736
Stock-based compensation expense (benefit) 1,971 (6,064)
Other components of net periodic pension cost (453) 201
Loss on early extinguishment of debt 299 0
Loss on disposal/write-off of fixed assets and capitalized software 15 2,962
Impairment charges 0 98
Non-cash loss from remeasurement of indemnification asset 0 3,801
Gain (loss) on foreign currency exchange rates 835 0
Other, net 6 0
Changes in working capital items, excluding acquisitions:    
Accounts receivable 26,846 (8,921)
Contract assets 1,446 (522)
Prepaid expenses and other assets (10,998) (4,583)
Accounts payable and accrued liabilities (67,458) (33,981)
Accrued income taxes, net 9,597 30,351
Operating lease liability (403) (2,620)
Contract liabilities 2,547 (2,685)
Net cash provided by operating activities 14,204 45,642
Cash Flows from Investing Activities    
Additions to fixed assets and capitalized software (3,668) (9,122)
Proceeds from the sale of building and fixed assets 0 1,502
Acquisition of a business, net of cash acquired (174,190) 0
Net cash (used in) investing activities (177,858) (7,620)
Cash Flows from Financing Activities    
Proceeds from New Term Loan 418,070 0
Proceeds from New Term Loan, related party 260,930 0
Payments of Senior Term Loan (335,821) (23,445)
Payments of Senior Term Loan, related party (113,789) (10,555)
Proceeds from ABL Facility 249,936 329,719
Payments of ABL Facility (285,492) (312,624)
Purchase of treasury stock 0 (21,770)
Other (2,038) (56)
Net cash provided by (used in) financing activities 191,796 (38,731)
Effect of exchange rate changes on cash and cash equivalents (707) 0
Increase (decrease) in cash and cash equivalents 27,435 (709)
Cash and cash equivalents, beginning of period 2,406 1,912
Cash and cash equivalents, end of period 29,841 1,203
Supplemental Information    
Interest expense 17,286 20,802
Cash paid (received) for income taxes, net $ 15,753 $ (1,031)