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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
OPERATING ACTIVITIES:    
Net income $ 340,157 $ 42,295
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other 36,781 36,740
Stock-based compensation expense 14,561 10,084
Impairment loss 0 1,144
Amortization of debt discount and deferred issuance costs 615 1,367
Change in fair value of acquisition contingencies 848 626
Accretion of interest on deferred consideration 5,026 6,352
Change in deferred tax assets and liabilities (441) 0
Change in fair value of derivative liabilities - Convertible Senior Notes 1,084 0
Loss on extinguishment of debt 10,384 748
Changes in assets and liabilities:    
Accounts receivable (258,216) (19,344)
Inventories (36,949) 5,395
Prepaid expenses and other current and non-current assets (5,080) 4,942
Accounts payable 19,561 4,429
Accrued payroll and related expenses 10,078 (5,780)
Income taxes payable 51,814 (38)
Other current and non-current liabilities 409 (2,199)
Net cash provided by operating activities: 190,632 86,761
INVESTING ACTIVITIES:    
Acquisitions of property, equipment and intangibles (36,112) (18,716)
Net cash used for investing activities: (36,112) (18,716)
FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 8,824 13,156
Payments on Revolving Credit Facility 0 (45,000)
Payments on finance lease obligation 353 262
Repurchases of common stock (47,232) (1,900)
Payments of acquisition contingent consideration (6,043) (4,044)
Payments of deferred consideration (42,000) (44,000)
Payments on convertible notes and derivative liability [Abstract] (43,416) 0
Transaction costs related to debt exchange 0 (733)
Net cash used for financing activities: (130,220) (82,783)
Effect of exchange rates on cash 472 (43)
Net increase (decrease) in cash and cash equivalents 24,772 (14,781)
Cash and cash equivalents, beginning of period 52,775 43,695
Cash and cash equivalents, end of period 77,547 28,914
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:    
Purchase of property, equipment and intangibles by incurring current liabilities 3,536 3,067
Reduction of other current liabilities upon issuance of restricted share units 767 2,018
Extinguishment of Convertible Senior Notes through issuance of common stock $ 508 $ 86,428