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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (14,283) $ 8,363
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 31,315 27,118
Amortization of operating lease right-of-use assets 15,699 16,802
Equity in earnings of joint ventures, net of dividends (1,835) (2,517)
Amortization of deferred financing costs and loan discount 746 648
Loss on sale and disposal of equipment and other 579 1,128
Amortization of cash flow hedge, net of taxes 922 923
Non-cash change in fair value of interest rate hedge 4,093 (20,819)
Stock-based compensation 12,185 11,102
Change in fair value of contingent consideration 2,335 (501)
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:    
Accounts receivable (9,997) (23,904)
Other current assets (1,691) (4,065)
Other assets (2,726) (1,417)
Deferred taxes 942 1,387
Operating lease liability (15,080) (15,859)
Deferred revenue 335 (4,519)
Accounts payable, accrued expenses and other 9,077 7,031
Net cash provided by operating activities 32,616 901
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of imaging centers and other acquisitions (9,644) (25,123)
Purchase of property and equipment (55,915) (36,558)
Proceeds from sale of equipment 3 117
Net cash used in investing activities (65,556) (61,564)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes and leases payable (184) 0
Payments on term loan debt (3,688) (3,313)
Proceeds from issuance of common stock upon exercise of options 51 0
Net cash used in financing activities (3,821) (3,313)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (229) 83
NET DECREASE IN CASH AND CASH EQUIVALENTS (36,990) (63,893)
CASH AND CASH EQUIVALENTS, beginning of period 127,834 134,606
CASH AND CASH EQUIVALENTS, end of period 90,844 70,713
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 21,471 7,448
Cash paid during the period for income taxes $ 40 $ 34