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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net (loss) income $ (14,302) $ 87 $ 7,817
Adjustments to reconcile net (loss) income to net cash used in operating activities      
Depreciation and amortization of intangible assets and loan fees 16,509 12,467 3,614
Foreign exchange loss on liabilities   16 228
(Gain) Loss on disposition of property, plant, and equipment (189) (90) 20
Stock based compensation expense 7,355 3,812 447
Deferred tax adjustment (3,458) (843) 3,690
Contingent note revaluations 7,320 3,280  
Other non-cash activity 405 (334)  
Changes in assets and liabilities      
Accounts receivable (14,123) (14,209) (4,313)
Inventories 30,448 (36,610) (9,718)
Other assets (1,619) 1,423 (721)
Accounts payable (7,595) 15,701 4,152
Accrued wages payable 2,800 1,979 694
Other accrued expenses (2,718) 908 (28)
Net cash (used in) provided by operating activities 20,833 (12,413) 5,882
Cash flows from investing activities      
Proceeds from disposition of property, plant, and equipment 340 229  
Purchase of property, plant, and equipment (10,276) (7,178) (4,131)
Business acquisitions (net of cash acquired) (185,090) (93,052)  
Net cash used in investing activities (195,026) (100,001) (4,131)
Cash flows from financing activities      
Proceeds from issuance of long-term debt 818,387 538,028 260,020
Principal payments on long-term debt (676,509) (466,912) (270,458)
Proceeds from Public Offering of Class A Shares, net of underwriting discounts and offering costs   73,914 104,010
Repayment of preference notes     (55,960)
Change in restricted deposits     50
Tax Distributions to LLC Owners (1,686) (1,485)  
Purchase of LLC units from Continuing LLC Owners     (2,133)
Principal payments on finance lease obligations (1,547) (1,254) (116)
Payment of deferred financing fees and debt discount (5,790) (2,750) (42)
Tax withholding payments on Restricted Stock Units (114)    
Exercise of options and RSU withholdings to purchase common stock 2,318 1,429  
Net cash provided by financing activities 135,059 140,970 35,371
Net change in cash and cash equivalents (39,134) 28,556 37,122
Effect of exchange rate changes on cash and cash equivalents 46 (92) 7
Cash and cash equivalents, beginning of period 66,360 37,896 767
Cash and cash equivalents, end of period 27,272 66,360 37,896
Supplemental cash flow information      
Interest paid 13,632 7,220 1,353
Net change in property, plant, and equipment acquired through accounts payable (1,814) 25 (80)
Finance lease additions (3,006) 656 35
Issuance of preference notes for LLC Interests     55,960
Net change of deferred tax asset from step-up in basis 12,381 36,882 9,441
Income taxes paid 249 640 323
Accrued tax distribution $ 786 2,097 $ 597
Non cash consideration - Contingent notes   6,900  
Non cash consideration - Guarantee note   10,000  
Non cash consideration - Issuance of Class B common stock and LLC Interests   $ 103,004