XML 18 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Operating Activities:        
Net income (loss) $ (2,011) $ 461 $ (11,797) $ (2,407)
Net income (loss) from discontinued operations (1,335) 41,410 (2,984) 45,294
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation and amortization 11,058 11,611 23,491 24,036
Share-based compensation expense 870 1,015 2,497 3,191
Gain (loss) on disposal of assets (1,474)   (1,474) 405
Change in fair value of contingent consideration 154 (880) 452 (2,194)
Deferred income taxes (185)   (185)  
Changes in operating assets and liabilities, net of effects from acquisitions: 5,417 (50,660) (9,021) (63,667)
NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 12,494 2,957 979 4,658
NET CASH PROVIDED BY OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS 21,556 943 6,133 6,340
NET CASH PROVIDED BY OPERATING ACTIVITIES 34,050 3,900 7,112 10,998
Investing Activities:        
Acquisition of businesses, net of cash acquired (4,884)   (9,534) (12,924)
Purchases of property, plant and equipment (5,468) (8,495) (11,786) (15,169)
Purchases of marketable securities   (12,509)   (18,755)
Proceeds from sales or maturities of marketable securities   6,257   12,503
Purchase of non-marketable debt and equity securities (579)   (1,250)  
Proceeds from the sale of fixed assets 2,400   2,400  
NET CASH USED IN INVESTING ACTIVITIES FROM CONTINUING OPERATIONS (8,531) (14,747) (20,170) (34,345)
NET CASH PROVIDED BY INVESTING ACTIVITIES FROM DISCONTINUED OPERATIONS       1,233
NET CASH USED IN INVESTING ACTIVITIES (8,531) (14,747) (20,170) (33,112)
Financing Activities:        
Proceeds from short-term borrowings 37,120 32,480 119,120 69,280
Principal payments on short-term borrowings (48,120) (24,280) (97,120) (59,280)
Principal payments on long-term debt   (109)   (216)
Stock issued under employee stock purchase plan 798   798  
Purchase of common stock (68)   (2,324) (2,334)
Dividends paid (3,676) (3,659) (3,676) (3,659)
Contingent consideration payments related to acquisitions of businesses     (656) (1,988)
Net change in restricted cash (2,498) 2,713 (5,741) (1,513)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (16,444) 7,145 10,401 290
Effect of exchange rates on cash (1,651) 5,180 (1,067) (7,486)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 7,424 1,478 (3,724) (29,310)
Cash and cash equivalents at the beginning of the period 48,995 166,339 60,143 197,127
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD $ 56,419 $ 167,817 $ 56,419 167,817
Vocality        
Supplemental disclosure of non-cash investing and financing activities:        
Liability incurred to acquire, net       $ 1,035