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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 7,317 $ 5,171
Adjustments to reconcile net income to net cash provided by/ (used in) operating activities:    
Depreciation and amortization 2,222 1,772
Amortization of deferred financing fees 162 0
Provision for doubtful accounts 282 460
Share-based compensation 3,915 1,127
Change in operating assets and liabilities:    
Accounts receivable (2,077) (3,695)
Prepaid expenses and other assets (232) (1,110)
Operating lease obligations 2,168 294
Accounts payable (2,019) 162
Accrued wages and related liabilities (937) (328)
Other accrued liabilities 4,600 150
Contract Liabilities (CARES Act advance payments) 27,997 0
Net cash provided by operating activities 43,398 4,003
Cash flows from investing activities:    
Proceeds from sale of subsidiary shares 0 2,293
Repurchase of subsidiary shares 0 (2,293)
Purchase of property and equipment (5,963) (3,641)
Cash payments for business acquisitions, net of escrow (6,868) (14,759)
Cash payments for asset acquisitions 0 (20)
Escrow deposits (639) 0
Restricted and other assets (333) (147)
Net cash used in investing activities (13,803) (18,567)
Cash flows from financing activities:    
Net investment from parent 0 14,566
Proceeds from revolver agreement 26,500 0
Payments on revolver agreement (44,500) 0
Repurchase of shares of common stock to satisfy tax witholding obligations (57) 0
Payments for deferred financing costs (26) 0
Issuance of common stock upon the exercise of options 215 0
Net cash (used)/ provided by financing activities (17,868) 14,566
Net increase in cash 11,727 2
Cash beginning of period 402 41
Cash end of period 12,129 43
Cash paid during the period for:    
Interest 619 0
Income taxes 2,430 0
Lease liabilities 18,462 16,721
Right-of-use assets obtained in exchange for new operating lease obligations 3,437 4,198
Net non-cash adjustment to right-of-use assets and lease liabilities from lease modifications 441 0
Non-cash investing activity:    
Capital expenditures $ 1,035 $ 600