XML 18 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities    
Net income (loss) $ 69.5 $ (56.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Deferred income taxes (1.3) 0.2
Share-based compensation 24.6 1.2
Restructuring Costs and Asset Impairment Charges (0.9) 38.9
Gain (Loss) on Foreign Currency Forward Contracts 6.7 (1.0)
Mark to Market Loss on Contingent Shares 0.0 (25.1)
Fair Value Adjustment of Warrants (100.4) (51.2)
Amortization of debt issuance costs 3.6 2.3
Other operating activities (19.5) 7.3
Changes in operating assets and liabilities:    
Accounts receivable 40.2 44.2
Prepaid expenses (20.8) (7.2)
Other assets (18.5) (0.9)
Accounts payable (10.3) 13.7
Accrued expenses and other current liabilities (143.9) 29.1
Deferred revenues 63.3 66.0
Operating lease right of use assets 4.6 7.5
Other liabilities (0.8) (0.9)
Net cash provided by operating activities 67.4 174.0
Cash Flows From Investing Activities    
Capital expenditures (41.4) (33.0)
Acquisitions, net of cash acquired (1.3) 0.4
Net cash used in investing activities (42.7) (32.6)
Cash Flows From Financing Activities    
Principal payments on term loan (7.2) (7.2)
Payment of debt issuance costs and discounts (2.1) 0.0
Payments for Repurchase of Equity (55.1)  
Payments of Dividends (18.9)  
Proceeds from stock options exercised 0.4 5.1
Finance Lease, Principal Payments (0.5)  
Payments related to tax withholding for stock-based compensation (5.4) (4.5)
Net cash used in financing activities (88.8) (6.6)
Effects of exchange rates (7.8) 8.7
Net increase in cash and cash equivalents 69.3 141.3
Net (decrease) increase in restricted cash (141.2) 2.2
Net (decrease) increase in cash and cash equivalents, and restricted cash (71.9) 143.5
Cash:    
Cash and cash equivalents 500.2 399.0
Restricted cash 15.5 16.9
Total cash and cash equivalents, and restricted cash 515.7 415.9
Supplemental Cash Flow Information:    
Cash paid for interest 27.8 27.3
Cash paid for income tax 3.6 2.6
Capital expenditures included in accounts payable 7.7 6.1
Noncash Financing Items [Abstract]    
Stock Issued During Period, Value, New Issues   105.5
Treasury Stock, Retired, Cost Method, Amount (33.3)  
Treasury Stock, Value, Acquired, Cost Method, Settled in Subsequent Period 11.3  
Preferred Stock, Amount of Preferred Dividends in Arrears 6.4  
Total Non-Cash Financing Activities (15.6) 105.5
Derivative, Gain (Loss) on Derivative, Net (6.7) 1.0
Increase (Decrease) in Operating Lease Liability (5.1) (25.7)
Increase (Decrease) Operating Lease Right Of Use Assets (4.6) (7.5)
Depreciation, Depletion and Amortization $ 176.4 131.6
CPA Global    
Noncash Financing Items [Abstract]    
Value of stock issued   43.9
DRG    
Noncash Financing Items [Abstract]    
Value of stock issued   $ 61.6