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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended 24 Months Ended
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:                  
Net income (loss) $ (21) $ 3,448 $ (8,576) $ (59)   $ (14,336) $ 13,425 $ (8,673)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                  
Depreciation           4,610 7,442 6,379  
Amortization           56,422 50,672 63,142  
Stock-based compensation expense           5,423 9,815 22,324  
Amortization of debt issuance costs and discount           2,064 2,576 2,687  
Loss on extinguishment of debt           0 10,726 0  
Deferred income tax benefit           (9,557) (9,006) (12,690)  
Impairment of goodwill     9,300     0 0 9,313 $ 9,313
Other           (225) (1,019) (242)  
Changes in assets and liabilities:                  
Accounts receivable and unbilled, net           (1,103) (13,727) 337  
Prepaid expenses and other current assets           (846) (3,661) (181)  
Accounts payable           558 691 2,481  
Accrued expenses           10,987 4,516 320  
Pre-funded study costs           299 5,400 9,981  
Advanced billings           5,995 14,723 (7,002)  
Other assets and liabilities, net           1,704 (841) (2,306)  
Net cash provided by operating activities           61,995 91,732 85,870  
CASH FLOWS FROM INVESTING ACTIVITIES:                  
Property and equipment expenditures           (4,225) (13,537) (6,465)  
Acquisition of Predecessor, net of cash and restricted cash received           (901,805) 0 0  
Other           38 115 33  
Net cash used in investing activities           (905,992) (13,422) (6,432)  
CASH FLOWS FROM FINANCING ACTIVITIES:                  
Payment for common stock issuance costs           0 (2,719) 0  
Proceeds from stock option exercises           0 537 250  
Excess tax benefit from stock-based compensation           809 25 0  
Proceeds from issuance of debt, net of original issue discount           527,350 164,506 0  
Payment of debt           (25,217) (390,060) (116,055)  
Proceeds from revolving loan           1,575 0 0  
Payment on revolving loan           (1,575) 0 0  
Debt issuance costs           (15,487) (1,802) 0  
Payment of deemed landlord liability           (1,284) (1,525) (1,292)  
Payment on debt extinguishment           0 (548) 0  
Proceeds from common stock issued, net           414,000 173,578 608  
Net cash (used in) provided by financing activities           900,171 (58,008) (116,489)  
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH           (785) (632) (601)  
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH           55,389 19,670 (37,652)  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period   $ 17,737   $ 55,389   0 17,737 55,389 55,389
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period $ 37,407   $ 17,737   $ 0 55,389 37,407 17,737 $ 37,407
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION—                  
Cash paid during the period for income taxes           4,513 17,654 10,552  
Cash paid during the period for interest           21,060 16,895 24,435  
Acquisition of property and equipment—non-cash           153 $ 1,687 $ 176  
Predecessor                  
CASH FLOWS FROM OPERATING ACTIVITIES:                  
Net income (loss)         (1,236)        
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                  
Depreciation         1,832        
Amortization         5,199        
Stock-based compensation expense         7,340        
Amortization of debt issuance costs and discount         371        
Loss on extinguishment of debt         0        
Deferred income tax benefit         300        
Impairment of goodwill         0        
Other         (721)        
Changes in assets and liabilities:                  
Accounts receivable and unbilled, net         (10,543)        
Prepaid expenses and other current assets         (4,617)        
Accounts payable         13,708        
Accrued expenses         (4,957)        
Pre-funded study costs         1,561        
Advanced billings         6,330        
Other assets and liabilities, net         (1,360)        
Net cash provided by operating activities         13,207        
CASH FLOWS FROM INVESTING ACTIVITIES:                  
Property and equipment expenditures         (1,090)        
Acquisition of Predecessor, net of cash and restricted cash received         0        
Other         263        
Net cash used in investing activities         (827)        
CASH FLOWS FROM FINANCING ACTIVITIES:                  
Payment for common stock issuance costs         0        
Proceeds from stock option exercises         0        
Excess tax benefit from stock-based compensation         5,270        
Proceeds from issuance of debt, net of original issue discount         0        
Payment of debt         (23,073)        
Proceeds from revolving loan         0        
Payment on revolving loan         0        
Debt issuance costs         0        
Payment of deemed landlord liability         (165)        
Payment on debt extinguishment         0        
Proceeds from common stock issued, net         0        
Net cash (used in) provided by financing activities         (17,968)        
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH         (25)        
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH         (5,613)        
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period         25,106 $ 19,493      
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period         19,493        
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION—                  
Cash paid during the period for income taxes         125        
Cash paid during the period for interest         2,961        
Acquisition of property and equipment—non-cash         $ 312