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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:      
Net income (loss) $ (42,622) $ (101,316) $ (131,451)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Loss from Equity Method Investment in the Joint Venture     95,732
Depreciation and amortization 146,869 285,409  
Amortization of capitalized software developed for sale 12 89  
Accretion and changes in estimate, net 5,293 11,188  
Equity compensation   23,914  
Deferred income tax expense (benefit)   (28,590) (15,806)
Amortization of debt discount and issuance costs   16,551 212
Contingent consideration (550) (3,000)  
Gain on sale of businesses (176) (28,270)  
Loss on extinguishment of debt 1,489 1,489  
(Gain) loss on forward purchase contracts     2,435
Non-cash lease expense   14,629  
Other, net   7,530  
Changes in operating assets and liabilities:      
Accounts receivable, net   114,052  
Contract assets, net   (3,786)  
Prepaid expenses and other   (48,382) (2,136)
Accounts payable   (28,666)  
Accrued expenses and other liabilities   27,687 48,640
Deferred revenue   36,029  
Due to the Joint Venture, net     2,374
Net cash provided by (used in) operating activities   296,557  
Cash flows from investing activities:      
Capitalized expenditures   (126,432)  
Acquisitions, net of cash acquired   (439,483)  
Proceeds from sale of businesses   54,369  
Investment in the Joint Venture     (609,818)
Investment in debt and equity securities of the Joint Venture     (278,875)
Other, net   1,100 3,621
Net cash provided by (used in) investing activities   (510,446) (885,072)
Cash flows from financing activities:      
Payments on Revolving Facility   (250,000)  
Payments on Term Loan Facility   (50,000)  
Proceeds from issuance of Senior Notes   325,000  
Payments under tax receivable agreements with related parties   (20,691)  
Receipts (payments) on derivative instruments   (14,810)  
Employee tax withholding on vesting of equity compensation awards   (3,131)  
Payments on deferred financing obligations   (6,547)  
Payment of senior amortizing notes   (7,680) (3,621)
Proceeds from exercise of equity awards   2,584 1,139
Proceeds from initial public offering, net of issuance costs     608,679
Proceeds from issuance of equity component of tangible equity units, net of issuance costs     232,929
Proceeds from issuance of debt component of tangible equity units     47,367
Other, net   (6,454) (1,421)
Net cash provided by (used in) financing activities   (31,729) 885,072
Effect of exchange rate changes on cash and cash equivalents   2,690  
Net increase (decrease) in cash and cash equivalents   (242,928)  
Cash and cash equivalents at beginning of period   410,405 3,409
Cash and cash equivalents at end of period $ 167,477 $ 167,477 $ 3,409