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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:        
Net loss $ (10,769) $ (2,011) $ (21,383) $ (11,797)
Net (income) loss from discontinued operations 1,339 (1,335) 1,339 (2,984)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Depreciation and amortization 17,587 11,058 33,598 23,491
Share-based compensation expense 3,638 870 6,358 2,497
Change in fair value of contingent consideration 241 154 670 452
Loss on disposal of assets   (1,474)   (1,474)
Deferred income taxes (5,825) (185) (5,825) (185)
Changes in operating assets and liabilities, net of effects from acquisitions: (28,754) 5,417 (98,467) (9,021)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (22,543) 12,494 (83,710) 979
NET CASH PROVIDED BY OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS   21,556   6,133
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (22,543) 34,050 (83,710) 7,112
Investing Activities:        
Acquisition of businesses, net of cash acquired (148,704) (4,884) (395,854) (9,534)
Purchases of property, plant and equipment (10,132) (5,468) (22,177) (11,786)
Proceeds from sale of assets   2,400   2,400
Purchase of non-marketable debt and equity securities   (579)   (1,250)
NET CASH USED IN INVESTING ACTIVITIES (158,836) (8,531) (418,031) (20,170)
Financing Activities:        
Proceeds from short-term borrowings 242,500 37,120 614,500 119,120
Principal payments on short-term borrowings (98,000) (48,120) (405,500) (97,120)
Proceeds from stock issued under employee stock purchase plan 783 798 783 798
Purchase of common stock   (68) (3,419) (2,324)
Dividends paid (4,205) (3,676) (4,205) (3,676)
Contingent consideration payments related to acquisitions of businesses (385)   (820) (656)
Proceeds from equity offering, net     215,832  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 150,393 (13,946) 432,669 16,142
Effect of exchange rates on cash (622) (1,209) 1,340 (532)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (31,608) 10,364 (67,732) 2,552
Cash and cash equivalents at the beginning of the period 103,484 60,765 139,608 68,577
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 71,876 $ 71,129 71,876 $ 71,129
Trafficware        
Supplemental disclosure of non-cash investing and financing activities:        
Receivable recognized in connection with the acquisition of net     1,588  
Gridsmart        
Supplemental disclosure of non-cash investing and financing activities:        
Receivable recognized in connection with the acquisition of net 442   442  
Nuvotronics        
Supplemental disclosure of non-cash investing and financing activities:        
Receivable recognized in connection with the acquisition of net 166   166  
Liability incurred to acquire Nuvotronics, net 4,900   4,900  
OpCo.        
Financing Activities:        
Proceeds from long-term borrowings $ 9,700   $ 15,498