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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Mar. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ (3,605) $ (58,694)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 168,211 138,541  
Amortization of capitalized software developed for sale 717 78  
Accretion and changes in estimate, net 4,732 5,895  
Equity compensation 26,166 9,583  
Deferred income tax expense (benefit) (8,989) (13,845)  
Amortization of debt discount and issuance costs 7,910 8,047  
Non-cash lease expense 7,007 7,402  
Gain on sale of businesses   (28,095)  
Other, net 249 4,766  
Changes in operating assets and liabilities:      
Accounts receivable, net (11,773) 113,470  
Contract assets, net (3,090) 10,013  
Prepaid expenses and other assets (25,029) (24,632)  
Accounts payable 34,722 (19,244)  
Accrued expenses and other liabilities (53,649) (4,852)  
Deferred revenue (33,472) 20,667  
Net cash provided by (used in) operating activities 110,107 169,100  
Cash flows from investing activities:      
Capitalized expenditures (66,006) (66,770)  
Acquisitions, net of cash acquired   (398,651)  
Proceeds from sale of businesses   28,553  
Other, net (1,000) 1,039  
Net cash provided by (used in) investing activities (67,006) (435,829)  
Cash flows from financing activities:      
Payments under tax receivable agreements (21,537) (20,691)  
Receipts (payments) on derivative instruments (7,364) (7,364)  
Employee tax withholding on vesting of equity compensation awards (13,015)    
Payments on deferred financing obligations (6,796) (5,788)  
Payment of senior amortizing notes (3,965) (4,028)  
Proceeds from exercise of equity awards 5,225 2,143  
Payments on Revolving Facility   (250,000)  
Proceeds from issuance of Senior Notes   325,000  
Other, net (116) (5,543)  
Net cash provided by (used in) financing activities (47,568) 33,729  
Effect of exchange rate changes on cash and cash equivalents 470 946  
Net increase (decrease) in cash and cash equivalents (3,997) (232,054)  
Cash and cash equivalents at beginning of period 113,101 410,405 $ 410,405
Cash and cash equivalents at end of period $ 109,104 $ 178,351 $ 113,101