XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Income from continuing operations $ 644 $ 19,944
Loss from discontinued operations (63) (808)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,206 2,683
Amortization and write-off of deferred loan costs 492 1,183
Amortization and write-off of debt discount 63 1,077
Share-based employee compensation expense 1,919 2,998
Unrealized gain on derivatives (5,695) (1,130)
Unrealized loss on investments in equity securities 22,380  
Deferred income taxes 2,272 1,454
Decrease (increase) in accounts receivable 4,719 (18,978)
Changes in income taxes receivable and payable 5,869 10,217
Decrease in other current assets 1,992 529
Decrease in accounts payable (945) (42)
Decrease in accrued salaries and benefits (7,760) (3,685)
Increase in other current liabilities 7,553 5,594
Other 369 1,582
Net cash flows provided by operating activities 37,015 22,618
Cash flows from investing activities:    
Acquisition of property and equipment (2,715) (1,561)
Settlement on derivatives not designated as hedges (1,390) (1,633)
Net cash flows used in investing activities (4,105) (3,194)
Cash flows from financing activities:    
Payments of long-term debt (1,000) (63,600)
Payments related to tax withholding for share-based compensation (472) (2,502)
Exercise of stock options 205 164
Change in cash overdraft and other 301 (1,443)
Net cash flows used in financing activities (966) (67,381)
Net increase (decrease) in cash and cash equivalents 31,944 (47,957)
Cash and cash equivalents, beginning of period 60,132 100,385
Cash and cash equivalents, end of period $ 92,076 $ 52,428