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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES:    
Net income $ 10,992 $ 6,394
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,096 19,717
Deferred income tax (1,636) 7
Amortization of debt issuance costs 1,519 393
Loss on disposal of property and equipment 146 348
Change in fair value of contingent consideration and other 379 261
Share-based compensation 4,731 5,363
Changes in assets and liabilities, net of business acquisitions:    
Accounts receivable (18,400) (589)
Inventories 1,297 (5,207)
Prepaid expenses and other current assets 12,163 (1,988)
Other non-current assets 339 (321)
Accounts payable, accrued expenses and other current liabilities 2,974 10,189
Other non-current liabilities (69) (5,685)
Net cash provided by operating activities 41,531 28,882
INVESTING ACTIVITIES:    
Purchases of property and equipment (15,387) (9,191)
Proceeds from sale of short-term investments 0 9,976
Proceeds from note receivable 221 0
Proceeds from sale of property and equipment 148 0
Cash provided by (used in) business acquisition 5,720 (193,928)
Net cash used in investing activities (9,298) (193,143)
FINANCING ACTIVITIES:    
Borrowings under senior credit facility 25,000 210,000
Repayments under senior credit facility (35,000) (20,000)
Net cash paid for financing liability from business acquisition (7,772) 0
Proceeds from exercised stock options 3,662 1,167
Cash taxes paid in net equity settlement (6,776) (6,128)
Net cash (used in) provided by financing activities (20,886) 185,039
Effect of exchange rate changes on cash and cash equivalents 3,114 1,280
Net increase in cash and cash equivalents 14,461 22,058
Cash and cash equivalents at beginning of period 174,935 102,055
Cash and cash equivalents at end of period $ 189,396 $ 124,113