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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ (58,694) $ (37,517)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Loss from Equity Method Investment in the Joint Venture   39,554
Depreciation and amortization 138,541  
Amortization of capitalized software developed for sale 78  
Accretion and changes in estimate with related parties, net 5,895  
Equity compensation 9,583  
Deferred income tax expense (benefit) (13,845) (2,184)
Amortization of debt discount and issuance costs 8,047  
Contingent consideration (2,450)  
Gain on sale of businesses (28,095)  
Other, net 14,618  
Changes in operating assets and liabilities:    
Accounts receivable, net 113,470  
Contract assets, net 10,013  
Prepaid expenses and other (24,632)  
Accounts payable (19,244)  
Accrued expenses and other liabilities (4,852) 168
Deferred revenue 20,667  
Due from the Joint Venture   (201)
Income taxes receivable   180
Net cash provided by (used in) operating activities 169,100  
Cash flows from investing activities:    
Acquisitions, net of cash acquired (398,651)  
Capitalized expenditures (66,770)  
Proceeds from sale of businesses 28,553  
Other, net 1,039  
Net cash provided by (used in) investing activities (435,829)  
Cash flows from financing activities:    
Payments on Revolving Facility (250,000)  
Proceeds from issuance of Senior Notes 325,000  
Payment of loan costs (5,364)  
Payments under tax receivable agreements with related parties (20,691)  
Receipts (payments) on derivative instruments (7,364)  
Debt Component, Issuance costs (5,788)  
Repayment of senior amortizing notes (4,028)  
Proceeds from exercise of equity awards 2,143  
Payments on finance leases (179)  
Net cash provided by (used in) financing activities 33,729  
Effect of exchange rate changes on cash and cash equivalents 946  
Net increase (decrease) in cash and cash equivalents (232,054)  
Cash and cash equivalents at beginning of period 410,405 3,409
Cash and cash equivalents at end of period $ 178,351 $ 3,409