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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net income (loss) $ 13,826 $ (50,061) $ (31,578)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation of property and equipment 9,484 12,875 14,459
Amortization of intangible assets 34,154 33,205 33,817
Amortization of debt issuance cost 6,690 8,092 8,382
Loss on extinguishment of debt 16,528 0 0
Stock-based compensation 12,943 0 0
Net undistributed (loss) income from unconsolidated ventures (6,504) (2,680) 180
Deferred income taxes, net (19,278) (17,247) (14,801)
Other non-cash activities, net 383 36,942 380
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net (54,345) 74,416 (101,178)
Accounts payable (4,529) 618 35,404
Accrued expenses 9,529 (5,629) 12,058
Customer advances and billings in excess of costs 48,618 23,569 (15,004)
Salaries, benefits and payroll taxes 554 17,411 7,510
Prepaid expenses and other current assets (5,862) 3,202 355
Other current and noncurrent liabilities 39,215 (25,220) (8,628)
Investments 6,538 6,102 12,973
Other noncurrent assets (4,141) 1,450 (688)
Accrued taxes (2,941) (397) (10,482)
Net cash provided by (used in) operating activities 100,862 116,648 (56,841)
Investing activities      
Expenditures for property and equipment (3,835) (9,436) (5,702)
Acquisition of Metis Solutions Corporation, net of acquired cash (90,271) 0 0
Acquisition of Centra Technology Inc, net of acquired cash (222,124) 0 0
Other investing activities, net 17 6,747 (10,849)
Net cash used in investing activities (316,213) (2,689) (16,551)
Financing activities      
Net contributions from noncontrolling interests 2,095 5,405 0
Borrowings on long-term debt 961,030 267,375 107,099
Repayments on short-term debt 0 0 (1,966)
Repayments on long-term debt (843,131) (367,312) (69,480)
Payment of debt issuance costs (26,646) 0 0
Recapitalization from merger with Gores III 605,713 0 0
Payment of underwriting and transaction costs (27,267) 0 0
Distribution to selling stockholders (439,719) 0 0
Other financing activities, net (292) (742) (2,806)
Net cash provided by (used in) financing activities 231,783 (95,274) 32,847
Effect of exchange rate changes on cash and cash equivalents 1,441 (1,747) (1,940)
Net increase (decrease) in cash and cash equivalents 17,873 16,938 (42,485)
Cash and cash equivalents at beginning of period 68,035 51,097 93,582
Cash and cash equivalents at end of period 85,908 68,035 51,097
Supplemental cash flow information      
Cash paid for interest 45,247 78,019 74,579
Cash paid for taxes $ 10,936 $ 9,552 $ 19,093