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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (20,196) $ (79,569)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 68,412 61,308
Amortization of deferred financing costs 2,006 7,856
Change in fair value of contingent consideration 2,362  
Loss on extinguishment of debt   2,055
Loss on sale of investment (250)  
Share-based compensation expense 7,841 53,893
Impairment of intangible assets 10,504  
Deferred taxes, net (7,880) 504
Other 233 (8,053)
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (2,546) 5,822
Other receivables 32,739 3,993
Inventory (1,487) 3,555
Other current assets (2,816) (5,165)
Other assets (666) 53
Related parties, net 2,288 (3,001)
Accounts payable (38,973) (16,744)
Accrued expenses (7,234) 28,900
Settlement processing funds, net (15,579) 10,899
Other 67 42
Net cash provided by operating activities 28,825 66,348
Cash flows from investing activities:    
Acquisition of businesses, net of cash acquired (38,832) (48,547)
Purchase of equipment and improvements (24,639) (38,963)
Acquisition of intangible assets (4,759) (19,893)
Net proceeds from sale of investments 250  
Issuance of notes receivable   (20)
Collections of notes receivable 1,812 91
Collection of deferred cash consideration 4,882  
Net cash used in investing activities (61,286) (107,332)
Cash flows from financing activities:    
Proceeds from long-term debt 316,479 655,732
Repayments of long-term debt (318,919) (743,342)
Deferred financing costs paid (2) (3,899)
Contingent consideration paid (5,919) (1,621)
Deferred cash consideration paid   (65,000)
Acquisition of additional non-controlling interest   (16,916)
IPO proceeds, net of underwriter fees   231,500
September 2018 Secondary Offering, April 2019 Secondary Offering, and August 2019 Secondary Offering proceeds 258,522 24,967
Purchase of LLC Interests, Class B common stock, and Class D common stock in connection with the April 2019 Secondary Offering and the August 2019 Secondary Offerings (239,538)  
Repurchases of shares to satisfy minimum tax withholding (1,716)  
Proceeds from exercise of common stock options 810  
Distribution to non-controlling interests holders (6,493) (6,136)
Net cash provided by financing activities 3,224 75,285
Effect of exchange rate changes on cash and cash equivalents (9,651) (3,959)
Net (decrease) increase in cash and cash equivalents (38,888) 30,342
Cash and cash equivalents, beginning of period 350,697 205,142
Cash and cash equivalents, end of period $ 311,809 $ 235,484