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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss from continuing operations $ (378,404) $ (81,211) $ (1,418,652)
Adjustments to reconcile net loss to net cash provided by operating activities      
Non-cash interest expense (income) 5,227 (7,728) (43,810)
Deferred financing fees related to repricing of long-term debt 1,079 0 0
Amortization of deferred financing fees 6,766 8,292 8,860
Impairment of goodwill and indefinite-lived asset 275,170 43,500 1,572,523
Depreciation and amortization 204,553 208,856 216,046
Change in fair value of warrant liability (584) (286) (21,236)
Fair value adjustments related to contingent consideration 1,678 11,152 6,572
Deferred income taxes (57,307) (80,416)
Equity-based compensation of Karman Topco L.P. 723 (2,524) (6,934)
Stock-based compensation 31,019 38,933 35,101
Income from equity method investments (2,064)
Distribution received from equity method investments 3,289 2,100 1,826
Gain on deconsolidation of subsidiaries 0 (58,891) 0
Gain on repurchases of Senior Secured Notes and Term Loan Facility debt (9,141) (8,665) 0
Loss on disposal of property and equipment 1,274 3,318 644
Loss on divestiture 0 0 2,863
Changes in operating assets and liabilities, net of effects from divestitures:      
Accounts receivable, net 51,154 38,899 (85,737)
Prepaid expenses and other assets 28,396 100,841 15,051
Accounts payable (12,918) (23,066) (14,164)
Accrued compensation and benefits (30,380) 27,458 17,854
Deferred revenues (2,129) 8,551 (10,930)
Other accrued expenses and other liabilities (24,306) 4,890 30,191
Net cash provided by operating activities 93,095 228,492 104,705
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of businesses, net of cash acquired 0 0 (74,206)
Purchase of investments in unconsolidated affiliates (13,932) (3,023) (775)
Purchase of property and equipment (7,838) (20,691) (12,351)
Purchase of capitalized software (47,501) (20,872) (20,664)
Proceeds from divestitures, net of cash 275,717 21,108 1,896
Deconsolidation of subsidiaries cash and cash equivalents and restricted cash, net of proceeds 0 (31,465) 0
Proceeds from sale of investments in unconsolidated affiliates 0 4,428 0
Net cash provided by (used in) investing activities 206,446 (50,515) (106,100)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings under lines of credit 0 99,538 326,090
Payments on lines of credit 0 (99,102) (326,968)
Principal payments on long-term debt (13,131) (13,294) (13,293)
Repurchases of Senior Secured Notes and Term Loan Facility debt (147,122) (156,559) 0
Debt issuance costs (971) 0 0
Proceeds from issuance of common stock 2,294 2,248 3,320
Payments for taxes related to net share settlement under 2020 Incentive Award Plan (12,765) (1,880) 0
Contingent consideration payments (5,655) (1,867) (13,002)
Holdback payments 0 (944) (11,057)
Financing fees paid 0 0 (1,464)
Contribution from noncontrolling interest 0 0 5,217
Redemption of noncontrolling interest 0 (154) (224)
Purchase of treasury stock (34,067) (6,382) 0
Net cash used in financing activities (211,417) (178,396) (31,381)
Net effect of foreign currency changes on cash, cash equivalents and restricted cash (4,575) 1,800 (7,872)
Net change in cash, cash equivalents and restricted cash 83,549 1,381 (40,648)
Cash, cash equivalents and restricted cash, beginning of period 137,202 135,821 176,469
Cash, cash equivalents and restricted cash, end of period $ 220,751 $ 137,202 $ 135,821