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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 2,196 $ (99,120) $ (80,716)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Loss from Equity Method Investment in the Joint Venture     104,497
Depreciation and amortization 151,143 436,552  
Amortization of capitalized software developed for sale 460 550  
Accretion and changes in estimate, net (2,759) 8,429  
Equity compensation   34,858  
Deferred income tax expense (benefit)   (33,905) (564)
Amortization of debt discount and issuance costs   24,587 403
Contingent consideration   (3,000)  
Gain on sale of businesses (32,217) (60,487)  
Loss on extinguishment of debt 6,145 7,634  
(Gain) loss on forward purchase contract     (71,649)
Non-cash lease expense   21,930  
Other, net   7,681 1,526
Changes in operating assets and liabilities:      
Accounts receivable, net   28,331  
Contract assets, net   5,201  
Prepaid expenses and other   (69,609) (1,335)
Accounts payable   (15,785)  
Accrued expenses and other liabilities   68,708 47,255
Deferred revenue   124,679  
Due to the Joint Venture, net     583
Net cash provided by (used in) operating activities   487,234  
Cash flows from investing activities:      
Capitalized expenditures   (182,929)  
Acquisitions, net of cash acquired   (439,483)  
Proceeds from sale of businesses   117,124  
Investment in the Joint Venture     (610,784)
Investment in debt and equity securities of the Joint Venture     (278,875)
Other, net   1,100 7,332
Net cash provided by (used in) investing activities   (504,188) (882,327)
Cash flows from financing activities:      
Payments on Revolving Facility   (250,000)  
Payments on Term Loan Facility   (265,000)  
Proceeds from issuance of Senior Notes   325,000  
Payments under tax receivable agreements   (20,691)  
Receipts (payments) on derivative instruments   (22,255)  
Employee tax withholding on vesting of equity compensation awards   (3,425)  
Payments on deferred financing obligations   (9,081)  
Payment of senior amortizing notes   (11,599) (7,332)
Proceeds from exercise of equity awards   4,158 2,105
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   (6,650) (1,421)
Net cash provided by (used in) financing activities   (259,543) 882,327
Effect of exchange rate changes on cash and cash equivalents   3,449  
Net increase (decrease) in cash and cash equivalents   (273,048)  
Cash and cash equivalents at beginning of period   410,405 3,409
Cash and cash equivalents at end of period $ 137,357 $ 137,357 $ 3,409