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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Cash Flows [Abstract]      
Net income (loss) $ (50,403) $ 59,073 $ 39,745
Adjustments to reconcile net income (loss) to net cash used in (provided by) operating activities:      
Provision for (recovery of) bad debts (467) 595 (3,986)
Deferred tax (benefit) expense (10,102) (2,739) 22,322
Depreciation and amortization 25,946 27,474 27,316
Amortization of debt discount and issuance costs 15,036 3,366 3,968
Interest paid-in-kind 0 3,421 2,832
Equity-based compensation 13,757 4,809 799
Contingent consideration 2,696 26,441 640
Warranty provision 516 953 1,387
Provision for inventory obsolescence 990 1,225 1,742
Changes in operating assets and liabilities      
Accounts receivable (116,848) (23,038) (40,708)
Inventories (88,184) 28,340 (94,594)
Income tax receivables 8,106 (16,530) 9,941
Prepaid expenses and other (21,226) 1,101 2,228
Accounts payable 8,637 (50,519) 105,481
Accounts payable - related party (1,622) 0 0
Accrued expenses and other 9,133 10,913 (1,978)
Income tax payable (8,754) 6,870 1,944
Lease liabilities 221 0 0
Contingent consideration 0 (25,000) 0
Deferred revenue (50,619) (178,960) 306,994
Net cash provided by (used in) operating activities (263,187) (122,205) 386,073
Cash flows used in investing activities      
Purchase of property, plant and equipment (3,357) (1,338) (1,697)
Investment in equity security (11,975) 0 0
Net cash used in investing activities (15,332) (1,338) (1,697)
Cash flows from financing activities      
Proceeds from issuance of convertible notes 413,321 0 0
Premium paid on capped call (52,870) 0 0
Fees paid on issuance of convertible notes (1,591) 0 0
Dividends paid on Series A Preferred (8,051) 0 0
Proceeds from Series A issuance 224,987 0 0
Proceeds from common stock issuance 120,645 0 0
Series A equity issuance costs (7,195) 0 0
Common stock issuance costs (3,873) 0 0
Proceeds from revolving credit facility 126,033 0 0
Payments on revolving credit facility (126,033) 0 0
Principal payments on term loan 0 (57,702) (25,000)
Proceeds from term loan facility 0 575,000 0
Principal payments on term loan facility (133,225) (115,000) 0
Proceeds from (Payments on) revolving loan 0 (70) (39,078)
Payments on related party loans 0 (45,558) 0
Payment of special distribution 0 (589,000) 0
Proceeds from issuance of common stock, net of underwriting discount and commissions 0 145,532 0
Contingent consideration (7,810) 0 0
Deferred offering costs 0 (6,464) 0
Debt issuance costs (6,590) (36,011) 0
Capital contribution 0 0 133
Net cash provided by (used in) financing activities 537,748 (129,273) (63,945)
Net change in cash and cash equivalents 259,229 (252,816) 320,431
Cash and cash equivalents, beginning of period 108,441 361,257 40,826
Cash and cash equivalents, end of period 367,670 108,441 361,257
Supplemental Cash Flow Information      
Cash paid for interest 24,306 6,935 11,343
Cash paid for income taxes $ 13,318 $ 31,103 $ 443