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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income $ 162,546 $ 342,660 $ 247,644
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 414,621 413,344 400,871
Amortization of upfront incentive consideration 82,935 77,622 67,411
Stock-based compensation expense 66,885 57,263 44,689
Deferred income taxes (22,925) 43,099 48,760
Allowance for doubtful accounts 20,563 7,749 9,459
Amortization of debt issuance costs 3,972 3,981 5,923
Joint venture equity income (2,044) (2,556) (2,580)
Loss (income) from discontinued operations 1,766 (1,739) 1,932
Dividends received from joint venture investments 1,352 1,411 1,088
Tax Receivable Agreement 0 4,852 (59,603)
Debt modification costs 0 1,558 14,758
Loss on extinguishment of debt 0 633 1,012
Impairment and related charges 0 0 81,112
Other 2,777 (2,349) 13,284
Changes in operating assets and liabilities:      
Accounts and other receivables (33,911) (45,586) (108,596)
Prepaid expenses and other current assets 1,145 14,362 109
Capitalized implementation costs (28,588) (39,168) (60,766)
Upfront incentive consideration (71,447) (88,735) (94,296)
Other assets 38,795 (29,607) (21,111)
Accounts payable and other accrued liabilities (27,232) (27,080) 67,034
Accrued compensation and related benefits (17,469) (15,044) 6,038
Deferred revenue including upfront solution fees (12,481) 8,127 13,861
Cash provided by operating activities 581,260 724,797 678,033
Investing Activities      
Additions to property and equipment (115,166) (283,940) (316,436)
Acquisitions, net of cash acquired (107,462) 0 0
Other investing activities (20,398) 8,681 (1,089)
Cash used in investing activities (243,026) (275,259) (317,525)
Financing Activities      
Cash dividends paid to common stockholders (153,508) (154,080) (154,861)
Payments on borrowings from lenders (106,560) (47,310) (1,880,506)
Payments on Tax Receivable Agreement (101,482) (58,908) (99,241)
Repurchase of common stock (77,636) (26,281) (109,100)
Proceeds of borrowings from lenders 45,000 0 1,897,625
Net (payments) receipts on the settlement of equity-based awards (5,736) 2,040 12,647
Debt issuance and modification costs 0 (1,567) (19,052)
Other financing activities (9,799) (20,400) (4,292)
Cash used in financing activities (409,721) (306,506) (356,780)
Cash Flows from Discontinued Operations      
Cash used in operating activities (2,383) (1,895) (4,848)
Cash used in discontinued operations (2,383) (1,895) (4,848)
Effect of exchange rate changes on cash and cash equivalents 781 6,747 (1,613)
(Decrease) increase in cash and cash equivalents (73,089) 147,884 (2,733)
Cash and cash equivalents at beginning of period 509,265 361,381 364,114
Cash and cash equivalents at end of period 436,176 509,265 361,381
Cash payments for income taxes 55,137 57,629 40,211
Cash payments for interest 157,648 156,041 149,572
Capitalized interest 5,085 8,823 11,142
Non-cash additions to property and equipment $ 33,136 $ 0 $ 0