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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 income $ 1,640 $ 5,290
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,937 6,310
Bad debt expense 287 3,435
Equity-based compensation expense 12,054 2,186
Deferred income tax expense (320) 2,241
Fair value adjustments to contingent consideration (280) (505)
Non-cash lease expense (benefit) (284)  
Other, net 87 (504)
Changes in operating assets and liabilities 711 (4,804)
Net cash provided by operating activities 20,832 13,649
Cash flows from investing activities:    
Purchases of property, equipment and capitalization of software (4,381) (1,965)
Net cash used in investing activities (4,381) (1,965)
Cash flows from financing activities:    
Payments on debt (660) (660)
Distributions paid to non-controlling unitholders (2,889) (2,777)
Dividends and dividend equivalents paid to Class A common stockholders (4,798) (4,275)
Payments related to tax withholding for share-based compensation (5,291) (2,268)
Net cash used in financing activities (13,638) (9,980)
Effect of exchange rate changes on cash 92 (205)
Net increase in cash, cash equivalents and restricted cash 2,905 1,499
Cash, cash equivalents and restricted cash, beginning of period 121,227 103,601
Cash, cash equivalents and restricted cash, end of period 124,132 105,100
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,970 2,556
Net cash paid for income taxes $ 926 $ 1,079