XML 24 R8.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 44,319 $ (1,749) $ 23,440
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 96,694 86,795 80,607
Amortization of operating lease right-of-use assets 73,967 67,915 66,842
Lease abandonment charges 19,675 0 0
Equity in earnings of joint ventures, net of dividends (6,260) 1,577 248
Amortization and write off of deferred financing costs and loan discount 3,254 4,413 4,184
Loss on sale and disposal of equipment and other 1,246 1,200 2,383
Loss (gain) on extinguishment of debt 1,496 (4,047) 0
Gain on re-measurement of pre-existing interest 0 0 (768)
Loss on impairment 0 4,170 0
Amortization of cash flow hedge 3,695 3,448 0
Non-cash change in fair value of interest rate hedge (21,670) 2,528 0
Stock-based compensation 25,203 12,405 8,730
Other non cash item in other expenses 0 242 (371)
Change in value of contingent consideration 0 0 (3,123)
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:      
Accounts receivable (5,890) 25,206 (17,482)
Other current assets (15,777) 6,588 (3,557)
Other assets 662 (5,425) (2,326)
Deferred taxes 19,834 (611) (3,888)
Operating lease liability (72,553) (53,906) (66,831)
Deferred revenue (28,319) 37,941 (1,082)
Accounts payable, accrued expenses and other liabilities 9,915 45,069 17,316
Net cash provided by operating activities 149,491 233,759 104,322
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of imaging facilities (77,691) (31,265) (27,150)
Equity investments at fair value 0 0 (143)
Purchase of property and equipment (137,874) (94,172) (74,153)
Purchase of intangible assets (5,130) 0 0
Proceeds from sale of equipment 625 828 1,160
Proceeds from the sale of equity interests in a joint venture 0 0 132
Nulogix return of capital 0 0 792
Equity contributions in existing and purchase of interest in joint ventures (1,441) (1,635) (103)
Net cash used in investing activities (221,511) (126,244) (99,465)
CASH FLOWS FROM FINANCING ACTIVITIES      
Principal payments on notes and leases payable (3,302) (3,562) (6,494)
Payments on term loan debt (619,529) (43,296) (40,742)
Additional deferred finance costs on revolving loan amendment (938) (741) 0
Proceeds from debt issuance, net of issuance costs 717,307 0 97,144
Proceeds from paycheck protection program loans 0 4,023 0
Distributions paid to noncontrolling interests (2,426) (1,985) (3,057)
Proceeds from sale of economic interest in majority owned subsidiary 13,073 0 5,275
Contributions from noncontrolling partners 0 0 750
Proceeds from revolving credit facility 128,300 250,900 261,200
Payments on revolving credit facility (128,300) (250,900) (289,200)
Proceeds from issuance of common stock upon exercise of options 488 0 75
Net cash provided by (used in) financing activities 104,673 (45,561) 24,951
EFFECT OF EXCHANGE RATE CHANGES ON CASH (65) (101) (32)
NET INCREASE IN CASH AND CASH EQUIVALENTS 32,588 61,853 29,776
CASH AND CASH EQUIVALENTS, beginning of period 102,018 40,165 10,389
CASH AND CASH EQUIVALENTS, end of period 134,606 102,018 40,165
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid during the period for interest 29,042 39,521 46,254
Cash paid during the period for income taxes $ 1,950 $ 5,069 $ 5,884