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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ 22,302 $ (3,414)
Adjustments to reconcile net income (loss) from operating activities:    
Depreciation and amortization 22,788 29,865
Equity-based compensation 15,142 17,387
Amortization of debt issuance costs 746 897
Gain on repurchase of exchangeable notes 0 (2,397)
Loss on sale of exchangeable senior note hedges 0 245
Gain on repurchases of warrants 0 (105)
Provision for deferred income taxes 3,644 4,078
Non-cash lease expense 1,933 3,534
Changes in non-cash contingent consideration expense from original estimate 1,743 (545)
Other non-cash adjustments to net income 36 793
Changes in operating assets:    
Accounts receivable 1,955 7,574
Prepaid expenses and other current assets (922) (1,398)
Other assets (1,023) (1,076)
Changes in operating liabilities:    
Accounts payable (677) (415)
Accrued expenses and other current liabilities (37,450) (6,718)
Acquisition escrow obligations (2,174) (1,820)
Deferred revenue (7,597) (3,141)
Operating lease liabilities (2,561) (3,510)
Other long-term liabilities (102) (2)
Contingent consideration paid in excess of original estimates (760) (6,566)
Net cash (used in) provided by operating activities (8,276) 33,266
Cash flows from investing activities:    
Expenditures for property and equipment (1,516) (2,434)
Proceeds from sale of property and equipment 1,501 618
Expenditures for capitalized software (6,301) (9,223)
Purchases of merchant portfolios and residual buyouts (12) (4,585)
Acquisitions of businesses, net of cash and restricted cash acquired (11,000) (1,100)
Proceeds from sale of Healthcare RCM Business, net of cash sold 96,102 0
Payments for other investing activities 0 (39)
Proceeds from other investing activities 0 8
Net cash provided by (used in) investing activities 78,774 (16,755)
Cash flows from financing activities:    
Proceeds from revolving credit facility 58,024 296,043
Payments on revolving credit facility (58,024) (217,149)
Payments to extinguish exchangeable notes (26,223) 0
Payments for repurchase of exchangeable notes 0 (87,840)
Proceeds from sale of exchangeable senior note hedges 0 1,238
Payments for repurchases of warrants 0 (552)
Payments of debt issuance costs (249) (906)
Payments for repurchases of Class A common stock (37,604) 0
Net payments for settlement obligations (614) (3,518)
Cash paid for contingent consideration (800) (760)
Payments for required distributions to members or on behalf of members for tax obligations (24,849) (1,117)
Payments for required distributions to members under the Tax Receivable Agreement (9,954) 0
Proceeds from stock option exercises 150 25
Payments for employees' tax withholdings from net settled stock option exercises and RSU releases (4,140) (679)
Net cash used in financing activities (104,283) (15,215)
Net (decrease) increase in cash, cash equivalents and restricted cash (33,785) 1,296
Cash, cash equivalents and restricted cash at beginning of period 89,597 12,400
Cash, cash equivalents and restricted cash at end of period 55,812 13,696
Supplemental disclosure of cash flow information:    
Cash paid for interest 763 21,773
Cash paid for income taxes 35,112 6,984
Merchant Services Business    
Adjustments to reconcile net income (loss) from operating activities:    
Gain (loss) on disposition of business 661  
Healthcare RCM Business    
Adjustments to reconcile net income (loss) from operating activities:    
Gain (loss) on disposition of business $ (25,960) $ 0