XML 18 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Mar. 31, 2021
Cash flows from operating activities:              
Net income (loss) $ (24,472) $ (3,605) $ 2,196 $ (58,694) $ (64,480) $ (99,120)  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:              
Depreciation and amortization 170,782   151,143   502,463 436,552  
Amortization of capitalized software developed for sale 935   460   2,510 550  
Accretion and changes in estimate, net 4,482   (2,759)   13,570 8,429  
Equity compensation         74,718 34,858  
Deferred income tax expense (benefit)         (41,357) (33,905)  
Amortization of debt discount and issuance costs         23,563 24,587  
Loss on extinguishment of debt 1,653   6,145   3,885 7,634  
Non-cash lease expense         20,440 21,930  
Gain on sale of businesses     (32,217)     (60,487)  
Other, net         14,235 4,681  
Changes in operating assets and liabilities:              
Accounts receivable, net         (49,081) 28,331  
Contract assets, net         8,118 5,201  
Prepaid expenses and other assets         (50,602) (69,609)  
Accounts payable         24,008 (15,785)  
Accrued expenses and other liabilities         (37,159) 68,708  
Deferred revenue         (6,039) 124,679  
Net cash provided by (used in) operating activities         438,792 487,234  
Cash flows from investing activities:              
Capitalized expenditures         (192,629) (182,929)  
Acquisitions, net of cash acquired           (439,483)  
Proceeds from sale of businesses           117,124  
Other, net         (662) 1,100  
Net cash provided by (used in) investing activities         (193,291) (504,188)  
Cash flows from financing activities:              
Payments on Term Loan Facility         (180,000) (265,000)  
Payments under tax receivable agreements         (21,537) (20,691)  
Receipts (payments) on derivative instruments         (22,255) (22,255)  
Employee tax withholding on vesting of equity compensation awards         (23,320) (3,425)  
Payments on deferred financing obligations         (10,125) (9,081)  
Payment of senior amortizing notes         (12,188) (11,599)  
Proceeds from exercise of equity awards         6,812 4,158  
Payments on Revolving Facility           (250,000)  
Proceeds from issuance of Senior Notes           325,000  
Other, net         (310) (6,650)  
Net cash provided by (used in) financing activities         (262,923) (259,543)  
Effect of exchange rate changes on cash and cash equivalents         332 3,449  
Net increase (decrease) in cash and cash equivalents         (17,090) (273,048)  
Cash and cash equivalents at beginning of period   $ 113,101   $ 410,405 113,101 410,405 $ 410,405
Cash and cash equivalents at end of period $ 96,011   $ 137,357   $ 96,011 $ 137,357 $ 113,101