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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities            
Net income (loss) $ 3,476 $ (9,023)   $ (24,342) $ (164,019) $ (125,757)
Net income (loss) (9,462) 22,045 $ (27,258)      
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:            
Loss on debt extinguishment 0 39,408 0      
Equity-based compensation   51,449 18,484 24,815 193,299 199,052
Depreciation and amortization 3,479 11,081 11,645 15,531 15,852 16,315
Amortization of debt discounts and deferred financing costs   2,049 2,948 3,964 3,386 3,183
Change in fair value of warrant liabilities   2,058 0      
Non-cash operating lease expense   13,036 12,794 17,069 14,462 0
Bad debt expense 916 290 2,853 2,991 2,270 400
Other   (426) (15) 3,010 2,123 436
Decrease (increase) in operating assets:            
Accounts receivable, net of allowance   (25,730) (11,528) 27,527 (2,684) (6,049)
Due from related parties   557 74 1,537 (1,249) 16,736
Prepaid expenses and other assets   (15,615) 219 3,089 (1,267) (12,471)
Deferred tax asset   (953) (549) (564) 692 557
Increase (decrease) in operating liabilities:            
Accrued compensation and benefits   57,038 (88,154) 19,348 (148,421) 175,444
Deferred compensation programs   (3,340) 4,403 2,756 2,667 (4,552)
Accounts payable, accrued expenses and other liabilities   (8,694) 6,295 2,966 (5,555) 8,599
Deferred revenue   (4,642) 31,070 8,717 23 1,287
Lease liabilities   (13,570) (14,887) (19,516) (15,416) 0
Deferred rent       0 0 (1,903)
Net cash provided by (used in) operating activities   126,041 (51,606) 85,907 (106,107) 270,877
Cash flows from investing activities            
Distributions from company-owned life insurance policies       0 150 560
Purchases of fixed assets   (684) (4,965) (5,522) (7,417) (3,340)
Other   (978) 0      
Net cash provided by (used in) investing activities   (1,662) (4,965) (5,522) (7,267) (2,780)
Cash flows from financing activities            
Proceeds from Business Combination, including PIPE Investment   355,021 0      
Payment of Business Combination costs   (20,570) 0      
Draw down on Revolving Credit Facility   0 22,000 22,000 20,000 0
Principal payment on Revolving Credit Facility   (27,690) (32,000) (32,000) (10,000) 0
Redemption of Convertible Notes   (160,930) 0      
Redemption of partners' interests   (104,540) 0      
Distributions to partners   (54,396) (11,789) (11,989) (38,376) 0
Dividends paid   (2,978) 0      
Withholding payments for vested RSUs   (7,983) 0      
Treasury stock purchases   (12,000) 0      
Debt issuance costs   (361) 0      
Proceeds from Partner promissory note   1,757 0      
Net change in Partners' capital       0 (1,837) (24,541)
Net cash provided by (used in) financing activities   (34,670) (21,789) (21,989) (30,213) (24,541)
Effect of exchange rate changes on cash, cash equivalents and restricted cash   (2,943) (162) 5,930 1,638 (4,273)
Net increase (decrease) in cash, cash equivalents and restricted cash   86,766 (78,522)      
Net increase (decrease) in cash, cash equivalents and restricted cash       58,396 (143,587) 243,556
Cash, cash equivalents and restricted cash, beginning of period   330,908 266,582 266,582 408,531 169,248
Cash, cash equivalents and restricted cash, end of period 417,674 417,674 188,060 330,908 266,582 408,531
Supplemental disclosure of non-cash investing activity            
Liability awards reclassification to equity 3,912 3,912 0      
Dividends declared and unpaid 1,335 1,335 0      
Pending broker-to-broker trades $ 12,815 12,815 0 100    
Lease liabilities arising from obtaining right-of-use lease assets   4,000 14,067 14,192 2,314 0
Net assets of deconsolidated affiliate   394 0      
Supplemental disclosures of cash flow information            
Cash paid for income taxes   3,660 2,269 2,242 1,680 2,203
Cash paid for interest   $ 5,483 $ 8,935 $ 11,777 $ 11,758 $ 11,882