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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 37,347 $ 274
Adjustments to reconcile net income to net cash provided by operating activities-net of effect of acquisitions:    
Intangible amortization 71,735 59,962
Depreciation and other amortization 6,011 4,738
Amortization of debt financing costs 1,491 1,564
Non-cash equity compensation expense 10,282 9,099
Non-cash changes in fair value of estimated contingent consideration (14,901) 11,261
Income from equity method investments (116) (643)
Distributions received from equity method investments 52 618
Deferred taxes and other non-cash items 3,333 843
Loss on extinguishment of borrowings 6,094  
Changes in cash resulting from changes in operating assets and liabilities:    
Accounts receivable (15,905) (18,219)
Prepaid expenses and other assets 2,780 3,220
Accounts payable (981) 389
Accrued expenses 7,600 25,166
Due to affiliates (31,225) (16,518)
Other liabilities (18,406) (24,848)
Deferred revenue (813) (1,688)
Net cash provided by operating activities 64,378 55,218
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for acquisitions and contingent consideration-net of cash acquired (59,000) (289,101)
Purchase of fixed assets (5,947) (10,060)
Net cash used in investing activities (64,947) (299,161)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under credit facilities 285,000 370,000
Repayments of borrowings under credit facilities (270,783) (94,014)
Contingent consideration paid (34,992) (16,293)
Payments of debt financing costs (634)  
Proceeds from exercise of stock options 167 796
Payments on finance lease obligations (59) (94)
Distributions for unitholders (7,643) (11,734)
Net cash provided by (used ins) financing activities (28,944) 248,661
EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS (336) 13
CHANGE IN CASH AND CASH EQUIVALENTS (29,849) 4,731
CASH AND CASH EQUIVALENTS:    
Beginning of period 65,178 33,213
End of period $ 35,329 $ 37,944