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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 21,468 $ 7,906
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,823 5,331
Change in fair value of contingent consideration (1,660) 657
Contingent consideration payment (3,738)  
Net provision for doubtful accounts 3,307 3,257
Share-based compensation expense 2,502 1,828
Excess tax benefits related to share-based awards (14,348)  
Deferred tax expense 1,185 3,286
Amortization of debt issuance costs 665 276
Impairment of capitalized software for internal use 150  
Loss (gain) on sale or disposal of property and equipment 60 (11)
Change in fair value of redeemable common shares   (7,873)
Termination of existing stock redemption agreement   4,842
Equity loss of non-consolidated entity   1,087
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable (43,513) (18,563)
Inventories (28,379) (6,913)
Accounts payable 18,644 26,192
Other assets and liabilities 25,366 (1,998)
Net cash provided by operating activities 2,532 19,304
Cash flows from investing activities:    
Payments to acquire business, net of cash acquired (299,534) (51,599)
Expenditures for capitalized software for internal use (9,145) (5,758)
Expenditures for property and equipment (2,374) (834)
Net proceeds from sales of property and equipment 8 21
Loan to non-consolidated entity   (500)
Net repayment of related parties' notes receivable   150
Net cash used in investing activities (311,045) (58,520)
Cash flows from financing activities:    
Net borrowings from line of credit 21,756 13,940
Proceeds from long-term debt 120,000  
Payments on long-term debt (1,500) (5,693)
Proceeds from follow-on public offering, net of transaction costs 187,238  
Proceeds from sale of preferred stock, net of transaction costs   101,815
Payments made to repurchase common stock   (53,400)
Payments made to repurchase stock options (36,298) (9,400)
Proceeds from issuance of stock upon stock option exercises 8,745  
Excess tax benefits related to share-based awards 14,348  
Payments of debt issuance costs (5,056)  
Contingent consideration payment (3,012)  
Payments of stock offering costs   (1,368)
Net cash provided by financing activities 306,221 45,894
Net (decrease) increase in cash and equivalents (2,292) 6,678
Cash and equivalents at beginning of period 17,957 9,109
Cash and equivalents at end of period 15,665 15,787
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,730 1,411
Cash paid for income taxes $ 346 $ 3,426