XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Net cash flows from operating activities:    
Net loss $ (5,316) $ (10,354)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 11,999 9,642
Non-cash compensation 4,595 5,074
Non-cash lease expense 3,575 3,518
Write-down of inventories and deferred preservation costs 2,988 1,217
Change in fair value of contingent consideration 4,270  
Deferred income taxes 2,174 859
Other (4,269) (1,894)
Changes in operating assets and liabilities:    
Accounts payable, accrued expenses, and other liabilities (1,166) (142)
Prepaid expenses and other assets (2,076) (3,422)
Receivables (5,454) 7,644
Inventories and deferred preservation costs (11,712) (12,902)
Net cash flows used in operating activities (392) (760)
Net cash flows from investing activities:    
Capital expenditures (7,249) (3,776)
Other 205 (705)
Net cash flows used in investing activities (7,044) (4,481)
Net cash flows from financing activities:    
Proceeds from revolving line of credit   30,000
Proceeds from issuance of convertible debt   100,000
Proceeds from financing insurance premiums   2,816
Proceeds from exercise of stock options and issuance of common stock 2,321 1,175
Repayment of revolving line of credit   (30,000)
Payment of debt issuance costs (2,219) (3,647)
Redemption and repurchase of stock to cover tax withholdings (1,831) (1,728)
Repayment of term loan (1,405) (1,389)
Other (603) (1,041)
Net cash flows (used in) provided by financing activities (3,737) 96,186
Effect of exchange rate changes on cash, cash equivalents, and restricted securities 242 879
(Decrease) increase in cash, cash equivalents, and restricted securities (10,931) 91,824
Cash, cash equivalents, and restricted securities, beginning of period 61,958 34,294
Cash, cash equivalents, and restricted securities, end of period $ 51,027 $ 126,118