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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended 24 Months Ended
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:                  
Net income (loss) $ 11,291 $ 8,447 $ (21) $ 3,448   $ 39,122 $ 13,425 $ (8,673)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                  
Depreciation           8,574 7,442 6,379  
Amortization           37,900 50,672 63,142  
Stock-based compensation expense           4,463 9,815 22,324  
Amortization of debt issuance costs and discount           662 2,576 2,687  
Loss on extinguishment of debt           0 10,726 0  
Deferred income tax provision (benefit)           3,237 (9,006) (12,690)  
Impairment of goodwill         $ 9,300 0 0 9,313 $ 0
Amortization and adjustment of deferred credit           (8,781) 0 0  
Other           (673) (1,019) (242)  
Changes in assets and liabilities:                  
Accounts receivable and unbilled, net           (2,898) (13,727) 337  
Prepaid expenses and other current assets           (3,533) (3,661) (181)  
Accounts payable           4,816 691 2,481  
Accrued expenses           (1,313) 4,516 320  
Pre-funded study costs           5,292 5,400 9,981  
Advanced billings           7,735 14,723 (7,002)  
Other assets and liabilities, net           2,782 (841) (2,306)  
Net cash provided by operating activities           97,385 91,732 85,870  
CASH FLOWS FROM INVESTING ACTIVITIES:                  
Property and equipment expenditures           (11,724) (13,537) (6,465)  
Acquisition of intangibles           (569) 0 0  
Other           56 115 33  
Net cash used in investing activities           (12,237) (13,422) (6,432)  
CASH FLOWS FROM FINANCING ACTIVITIES:                  
Payment for common stock issuance costs           0 (2,719) 0  
Proceeds from stock option exercises           1,812 537 250  
Repurchases of common stock           (155,583) 0 0  
Excess tax benefit from stock-based compensation           0 25 0  
Proceeds from issuance of debt, net of original issue discount           0 164,506 0  
Payment of debt           (12,375) (390,060) (116,055)  
Proceeds from revolving loan           100,000 0 0  
Payments on revolving loan           (30,000) 0 0  
Debt issuance costs           0 (1,802) 0  
Payment of deemed landlord liability           (1,682) (1,525) (1,292)  
Payment on debt extinguishment           0 (548) 0  
Proceeds from common stock issued, net           0 173,578 608  
Net cash used in financing activities           (97,828) (58,008) (116,489)  
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH           1,765 (632) (601)  
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH           (10,915) 19,670 (37,652)  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — Beginning of period   $ 37,407   $ 17,737   37,407 17,737 55,389 17,737
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH — End of period $ 26,492   $ 37,407   $ 17,737 26,492 37,407 17,737 $ 26,492
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION—                  
Cash paid during the period for income taxes           17,180 17,654 10,552  
Cash paid during the period for interest           6,888 16,895 24,435  
Acquisition of property and equipment—non-cash           $ 678 $ 1,687 $ 176