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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 5,290 $ 8,257
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,310 5,558
Bad debt expense 3,435 1,439
Equity-based compensation expense 2,186 4,051
Deferred income tax expense 2,241 1,081
Fair value adjustments to contingent consideration (505) (70)
Other, net (504) 651
Changes in operating assets and liabilities (4,804) 1,474
Net cash provided by operating activities 13,649 22,441
Cash flows from investing activities:    
Purchases of property, equipment and capitalization of software (1,965) (3,940)
Restricted cash acquired with the Marketing Funds acquisition 0 28,495
Other 0 (1,200)
Net cash (used in) provided by investing activities (1,965) 23,355
Cash flows from financing activities:    
Payments on debt (660) (653)
Distributions paid to non-controlling unitholders (2,777) (2,693)
Dividends and dividend equivalents paid to Class A common stockholders (4,275) (3,782)
Payments related to tax withholding for share-based compensation (2,268) (713)
Net cash used in financing activities (9,980) (7,841)
Effect of exchange rate changes on cash (205) 69
Net increase in cash, cash equivalents and restricted cash 1,499 38,024
Cash, cash equivalents and restricted cash, beginning of year 103,601 59,974
Cash, cash equivalents and restricted cash, end of period 105,100 97,998
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,556 2,951
Net cash paid for income taxes $ 1,079 $ 1,729