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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (22,958) $ 5,668
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 43,289 39,703
Amortization of operating lease right-of-use assets 34,094 32,937
Equity in earnings of joint ventures (2,900) (4,117)
Distributions from joint ventures 0 3,438
Amortization of deferred financing costs and loan discount 2,163 2,021
(Gain) loss on sale and disposal of equipment and other 202 1,073
Amortization of cash flow hedge 892 0
Non-cash change in fair value of interest rate hedge 3,843 0
Stock-based compensation 8,078 5,582
Other non-cash items included in cost of operations 0 (559)
Change in fair value of contingent consideration (97) (1,953)
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:    
Accounts receivable 29,018 (12,042)
Other current assets 9,884 4,331
Other assets (4,257) 2,069
Deferred taxes (11,678) (3,542)
Operating lease liability (30,182) (32,268)
Deferred revenue 44,384 (666)
Accounts payable, accrued expenses and other 27,690 2,860
Net cash provided by operating activities 131,465 44,535
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of imaging facilities and other acquisitions (4,188) (27,149)
Equity investments at fair value 0 (143)
Purchase of property and equipment (64,193) (50,342)
Proceeds from sale of equipment 779 760
Proceeds from the sale of equity interests in a joint venture 0 132
Equity contributions in existing and purchase of interest in joint ventures 0 (103)
Net cash used in investing activities (67,602) (76,845)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes and leases payable (1,814) (3,320)
Payments on term loan debt (21,648) (19,469)
Proceeds from debt issuance, net of issuing costs 0 97,144
Proceeds from Payment Protection Program 4,023 0
Proceeds from sale of noncontrolling interest 0 5,275
Contribution from noncontrolling partner 0 750
Proceeds from revolving credit facility 250,900 236,200
Payments on revolving credit facility (250,900) (264,200)
Proceeds from issuance of common stock upon exercise of options 0 50
Net cash (used in) provided by financing activities (19,439) 52,430
EFFECT OF EXCHANGE RATE CHANGES ON CASH (6) (5)
NET INCREASE IN CASH AND CASH EQUIVALENTS 44,418 20,115
CASH AND CASH EQUIVALENTS, beginning of period 40,165 10,389
CASH AND CASH EQUIVALENTS, end of period 84,583 30,504
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 22,826 23,292
Equipment acquired and leasehold improvements $ 31,800 14,000
Distribution to noncontrolling interests   $ 1,818