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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (123,766) $ (2,458)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of inventory step up 23,594  
Depreciation and amortization 19,351 6,061
Deferred taxes (6,250) (4,547)
Stock-based compensation 5,096 2,340
Paid-in-kind interest 4,817 1,662
Amortization of deferred financing costs and discounts 4,334 1,127
Other operating activity 704 562
Changes in operating assets and liabilities, net of acquisition:    
Accounts receivable (286,661) (2,342)
Accounts payable and accrued expenses (87,709) 4,107
Inventories 35,458 (7,644)
Prepaid expenses and other assets 12,658 (519)
Other liabilities 757 (75)
Net cash used in operating activities (397,617) (1,726)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition, net of cash acquired (1,179,669)  
Collections of sold receivables 312,966  
Purchases of property and equipment (1,456) (1,127)
Net cash used in investing activities (868,159) (1,127)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock 143,651  
Proceeds from issuance of long-term debt 1,252,133  
Repayment of long-term debt (47,935) (938)
Proceeds (repayment) from line of credit, net (21,852) 7,708
Proceeds from long-term convertible note 25,000  
Payment of deferred financing costs (62,772) (124)
(Repayment of) proceeds from customer cash advances   (1,707)
Taxes paid in lieu of shares issued for stock-based compensation (1,103) (270)
Net cash provided by financing activities 1,287,122 4,669
Effect of exchange rate changes on cash and cash equivalents (77) (42)
NET CHANGE IN CASH AND CASH EQUIVALENTS 21,269 1,774
CASH AND CASH EQUIVALENTS, at beginning of year 8,250 6,476
CASH AND CASH EQUIVALENTS, at end of year 29,519 8,250
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid 8,125 4,768
Income taxes paid 179 $ 192
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Beneficial interest obtained in exchange for securitized trade receivables 269,411  
Conversion of short-term convertible notes $ 13,764