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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (63,567) $ 16,070
Net income from discontinued operations (197) (80,687)
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 36,768 26,702
Accretion of debt in interest expense, net 1,751 1,755
Accretion of discount on held to maturity investments in interest expense, net 0 283
Current expected credit losses 3,422 2,439
Provision for obsolete inventory 794 (14)
Stock-based compensation 22,889 16,583
Impairment loss 0 225
Loss on debt extinguishment 5,791 0
Adjustment to contingent consideration liability 0 (600)
Deferred income tax (696) (8,288)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (13,836) (11,696)
Inventories (4,062) (314)
Other current assets (9,353) (3,935)
Other assets 5,885 1,315
Accounts payable (3,394) 4,960
Accrued salaries and benefits (1,866) 3,490
Accrued expenses (4,775) (1,848)
Customer deposits and deferred service revenue 8,085 6,279
Customers payable 1,000 5,096
Other long-term liabilities (45) (2,253)
Cash used in operating activities - continuing operations (15,406) (24,438)
Cash used in operating activities - discontinued operations 0 (4,183)
Net cash used in operating activities (15,406) (28,621)
Cash flows from investing activities:    
Cash paid for acquisition, net of cash acquired (4,323) (293,570)
Capital expenditures (2,541) (791)
Capitalization of software costs (4,226) (4,004)
Proceeds from company-owned life insurance policies 0 3,266
Proceeds from sale of held to maturity investments 0 53,277
Purchases of held to maturity investments 0 (28,351)
Cash used in investing activities - continuing operations (11,090) (270,173)
Cash provided by investing activities - discontinued operations 197 92,075
Net cash used in investing activities (10,893) (178,098)
Cash flows from financing activities:    
Repayments of long-term debt (93,600) 0
Proceeds from private placement of common stock, net of issuance costs 0 194,490
Proceeds from debt issuance, net of original issue discount 111,136 87,333
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (7,043) (5,071)
Proceeds from employee stock purchase plan 628 526
Proceeds from exercise of stock options 390 2,039
Net cash provided by financing activities 11,511 279,317
Effect of exchange rate changes on cash and cash equivalents 136 933
Net (decrease) increase in cash and cash equivalents and cash held on behalf of customers (14,652) 73,531
Cash and cash equivalents and cash held on behalf of customers at beginning of period 121,545 47,539
Cash and cash equivalents and cash held on behalf of customers at end of period 106,893 121,070
Reconciliation of cash and cash equivalents and cash held on behalf of customers    
Cash and cash equivalents 92,465 105,804
Cash held on behalf of customers 14,428 15,266
Total cash and cash equivalents and cash held on behalf of customers 106,893 121,070
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,275 3,713
Cash paid for income taxes 4,865 1,543
Capitalized software recorded in accounts payable 190 36
Capital expenditures in accounts payable 119 62
Common stock issued for acquisition $ 108,182 $ 133,181