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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income/(loss) $ 32,629 $ (7,386)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and software amortization 2,151 2,743
Intangible asset amortization 113 205
Stock-based compensation 551 484
Net pension cost (payments) 429 295
Interest accretion on contingent consideration 742 1,041
Deferred income taxes (457) (445)
Gain on sale (32,760) 0
Loss on disposal of assets 0 199
Other, net 614 0
Changes in assets and liabilities:    
Decrease in accounts receivable, net and contract assets 7,043 10,921
Decrease (increase) in inventory 114 (31)
Decrease (increase) in prepaid expenses and other current assets (10,468) 2,446
Decrease in accounts payable 5,106 (5,418)
Decrease in other accrued expenses and liabilities (3,006) (5,603)
Net cash provided by/(used in) operating activities 2,801 (549)
Cash flows from investing activities    
Dispositions, net of cash transferred 3,929 0
Purchases of property, plant and equipment (1,618) (1,715)
Net cash provided by/(used in) investing activities 2,311 (1,715)
Cash flows from financing activities    
Borrowings 9,000 0
Repayment of borrowings (9,000) 0
Debt financing costs (106) 0
Issuance of preferred stock 9,723 0
Issuance of common stock (1) (15)
Issuance of treasury stock 3
Payment of capital leases (126) (129)
Net cash provided by/(used in) financing activities 9,493 (144)
Effect of exchange rate changes on cash and cash equivalents (156) 45
Net increase/(decrease) in cash and cash equivalents 14,449 (2,363)
Cash and cash equivalents at beginning of period 8,397 46,005
Cash and cash equivalents at end of period 22,846 43,642
Supplemental disclosures    
Cash paid for interest 45 18
Cash received/(paid) for income taxes 592 (799)
Non-cash investing and financing activities    
Purchases of property, plant and equipment included in accounts payable 88 755
New capital lease obligations $ 0 $ 58