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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:      
Net income (loss) $ (14.0) $ 44.4 $ (15.1)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation 56.5 80.1 75.3
Amortization of intangible assets 92.9 56.3 104.9
Amortization of financing costs and original issue discount 7.7 3.7 10.4
Loss on debt extinguishment [1]     25.1
Deferred taxes (34.8) (2.3) (63.4)
Equity-based compensation [2] 3.8 15.7 28.8
Hedge ineffectiveness and realized loss 7.8 7.0 9.8
Provision for doubtful accounts 0.1 2.4 0.9
Other non-cash activities, net (1.3) (2.7) 0.6
Change in operating assets and liabilities:      
Accounts receivable (24.2) (12.8) 25.2
Unbilled and deferred revenue (42.3) (34.8) 2.6
Inventories 6.2 (2.4) 1.7
Other operating assets 3.7 17.1 (16.5)
Accounts payable and other operating liabilities 16.8 (2.0) (9.9)
Net cash provided by operating activities 78.9 169.7 180.4
Cash flows from investing activities:      
Purchase of property and equipment (50.6) (89.9) (86.4)
Proceeds from sale of property and equipment 6.3 6.8 12.0
Business acquisitions, net of cash acquired (53.8) (64.0) (104.4)
Other investing activities, net 0.6 1.6 (0.5)
Net cash used in investing activities (97.5) (145.5) (179.3)
Cash flows from financing activities:      
Repayments of capital lease obligations (3.9) (5.8) (6.3)
Repayments of debt (181.6) (143.0) (1,662.6)
Proceeds from term loan, net of financing costs     1,016.9
Proceeds from receivables financing agreement 150.0 120.0 115.0
Proceeds from revolving credit facility   10.0 60.0
Proceeds from issuance of common stock, net of share issuance costs 0.1   501.2
Repurchase of common stock and distributions (1.2) (1.2) (2.9)
Other financing activities, net   (0.3)  
Net cash (used in) provided by financing activities (36.6) (20.3) 21.3
Net change in cash and cash equivalents (55.2) 3.9 22.4
Cash and cash equivalents, beginning of period 68.0 35.2 12.8
Cash and cash equivalents, end of period 12.8 39.1 35.2
Supplemental Cash Flow Information:      
Cash paid for income taxes, net 4.2 1.9 16.2
Cash paid for interest $ 65.7 $ 71.7 $ 84.3
[1] Represents losses on the extinguishment of debt.
[2] Represents equity-based compensation expense recognized for equity incentive plans outstanding, including $19.6 related to the IPO in the fiscal year ended September 30, 2018.