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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 29, 2020
Jun. 28, 2020
Sep. 27, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities            
Net income (loss) $ 26,150 $ 23,469 $ 39,199 $ 27,286 $ (50,061) $ (31,578)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:            
Depreciation of property and equipment 2,583 5,072 7,263 9,484 12,875 14,459
Amortization of intangible assets 8,047 16,094 24,141 34,154 33,205 33,817
Amortization of debt issuance cost 6,063 7,821 9,560 6,690 8,092 8,382
Loss on extinguishment of debt     8,018 16,528 0 0
Stock-based compensation   3,700 (3,533) 12,943 0 0
Net undistributed (loss) income from unconsolidated ventures (663) (1,739) (12,044) (6,504) (2,680) 180
Deferred income taxes, net (9,896) (14,110) (19,132) (20,093) (17,247) (14,801)
Change in fair value of Warrant liability (33,599) (14,132) 382 (16,132) 0 0
Other non-cash activities, net 270 404   383 36,942 380
Changes in operating assets and liabilities, net of acquisitions:            
Accounts receivable, net 20,869 9,607 (3,477) (54,345) 74,416 (101,178)
Accounts payable (2,417) (17,547) 15,852 (4,529) 618 35,404
Accrued expenses (292) 9,845 4,252 13,016 (5,629) 12,058
Customer advances and billings in excess of costs 18,223 19,282 8,923 48,618 23,569 (15,004)
Salaries, benefits and payroll taxes (21,307) 4,310 10,975 554 17,411 7,510
Prepaid expenses and other current assets     (4,409) (5,862) 3,202 355
Other current and noncurrent liabilities (4,545) (5,101) 71 39,215 (25,220) (8,628)
Investments 750 1,701 2,793 6,538 6,102 12,973
Other noncurrent assets 4,729 11,600 5,903 (4,141) 1,450 (688)
Accrued taxes (2,473) (3,847) (4,904) (2,941) (397) (10,482)
Net cash provided by (used in) operating activities 10,913 55,588 92,124 100,862 116,648 (56,841)
Investing activities            
Expenditures for property and equipment (404) (1,597) (2,628) (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   37 (72) 17 6,747 (10,849)
Net cash used in investing activities (404) (1,560) (2,700) (316,213) (2,689) (16,551)
Financing activities            
Net contributions from noncontrolling interests 150 1,950 2,095 2,095 5,405 0
Borrowings on long-term debt 60,000 60,468 60,734 961,030 267,375 107,099
Repayments on short-term debt       0 0 (1,966)
Repayments on long-term debt (196,544) (204,464) (212,184) (843,131) (367,312) (69,480)
Payment of debt issuance costs (964) (964) (964) (26,646) 0 0
Recapitalization from merger with Gores III 605,708 605,713 605,713 605,713 0 0
Payment of underwriting and transaction costs (27,268) (27,267) (27,267) (27,267) 0 0
Distribution to selling stockholders (419,548) (419,548) (439,719) (439,719) 0 0
Other financing activities, net   (292) (292) (292) (742) (2,806)
Net cash provided by (used in) financing activities 21,534 15,596 (11,884) 231,783 (95,274) 32,847
Effect of exchange rate changes on cash and cash equivalents (288) 810 (129) 1,441 (1,747) (1,940)
Net increase (decrease) in cash and cash equivalents 31,755 70,434 77,411 17,873 16,938 (42,485)
Cash and cash equivalents at beginning of period 68,035 68,035 68,035 68,035 51,097 93,582
Cash and cash equivalents at end of period 99,790 138,469 145,446 85,908 68,035 51,097
Supplemental cash flow information            
Cash paid for interest 10,900 23,278 35,085 45,247 78,019 74,579
Cash paid for taxes $ 1,523 $ 2,796 $ 5,304 $ 10,936 $ 9,552 $ 19,093