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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 109,001,000 $ 152,913,000 $ 212,967,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 51,811,000 79,754,000 80,970,000
Amortization of financing costs and discounts 442,000 1,217,000 1,428,000
Non-cash operating lease costs 4,396,000 5,602,000 7,867,000
Share-based compensation 2,459,000 5,623,000 3,796,000
Provision for doubtful accounts 7,194,000 10,133,000 10,214,000
Deferred income taxes 7,155,000 13,256,000 (56,125,000)
Loss (gain) on sale of businesses 21,797,000 (17,122,000) 0
Lease asset impairments and other charges 9,149,000 0 0
Changes in fair value of contingent consideration 642,000 (161,000) 607,000
Foreign currency remeasurement loss (gain) 181,000 (35,142,000) 0
Goodwill impairment on business 32,629,000 0 0
Loss on extinguishment of debt 0 37,969,000 0
Decrease (increase) in:      
Accounts receivable (2,788,000) (4,909,000) (11,272,000)
Prepaid expenses and other current assets (12,049,000) 717,000 (9,137,000)
Other assets (3,260,000) 731,000 (3,191,000)
Increase (decrease) in:      
Accounts payable and accrued expenses 5,831,000 (13,369,000) 3,674,000
Income taxes payable (230,000) (1,269,000) (5,424,000)
Deferred revenue (1,797,000) (2,401,000) 1,080,000
Operating lease liabilities (5,197,000) (3,345,000) (7,685,000)
Liability for uncertain tax positions (1,730,000) 8,438,000 (453,000)
Other long-term liabilities 8,039,000 154,000 (2,614,000)
Net cash provided by operating activities 233,675,000 238,789,000 226,702,000
Cash flows from investing activities:      
Purchases of property and equipment (32,998,000) (32,463,000) (22,943,000)
Proceeds from sale of assets 0 507,000 0
Acquisition of businesses, net of cash received (56,838,000) (50,208,000) (281,552,000)
Proceeds from sale of businesses, net of cash divested 48,876,000 24,353,000 0
Purchases of intangible assets (1,511,000) (3,110,000) 0
Net cash used in investing activities (42,471,000) (60,921,000) (304,495,000)
Cash flows from financing activities:      
Payment of debt (593,000) (650,000,000) 0
Debt extinguishment costs 0 (29,250,000) 0
Proceeds from line of credit 0 0 185,000,000
Repayment of line of credit 0 0 (185,000,000)
Issuance of long-term debt 305,000,000 0 0
Debt issuance costs (10,849,000) 0 0
Issuance of common stock under employee stock purchase plan 519,000 0 0
Notes payable from related parties 0 (819,000) (952,000)
Deferred payments for acquisitions (6,267,000) (6,571,000) (750,000)
Contributions from Former Parent 21,238,000 508,938,000 64,922,000
Distribution to Former Parent - Separation (290,282,000) 0 0
Distribution of non-fax cash to Former Parent (266,539,000) 0 0
Other 0 (1,387,000) (1,915,000)
Net cash (used in) provided by financing activities (247,773,000) (179,089,000) 61,305,000
Effect of exchange rate changes on cash and cash equivalents (4,842,000) 6,635,000 2,253,000
Net change in cash and cash equivalents (61,411,000) 5,414,000 (14,235,000)
Cash and cash equivalents at beginning of year 128,189,000 122,775,000 137,010,000
Cash and cash equivalents at end of year 66,778,000 128,189,000 122,775,000
Less cash and cash equivalents at end of year, discontinued operations 0 61,979,000 71,634,000
Cash and cash equivalents at end of year, continuing operations $ 66,778,000 $ 66,210,000 $ 51,141,000