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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Cash flows from operating activities:    
Net income (loss) $ (3,266) $ (2,125)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 7,820 5,628
Amortization of deferred loan costs 53 76
Noncash interest expense 803 0
Stock-based compensation expense 4,159 5,362
Change In Fair Value Of Contingent Consideration (1,640) 0
Foreign currency transaction losses (gains) on short-term intercompany balances 730 (1,927)
Deferred income taxes 169 0
Foreign currency transaction losses (gains) on short-term intercompany balances 730 (1,927)
Changes in operating assets and liabilities, net of business acquisitions:    
Restricted cash (59) (62)
Billed receivables 496 (1,437)
Unbilled receivables 54 724
Prepaid expenses and other current assets 962 (1,258)
Other assets (254) 342
Accounts payable and accrued expenses (2,838) 2,180
Accrued payroll and related expenses (3,384) (2,499)
Refund liabilities (311) (163)
Deferred revenue (256) 397
Long-term incentive compensation payout (6,378) 0
Other long-term liabilities (348) (1,681)
Net cash (used in) provided by operating activities (3,488) 3,557
Cash flows from investing activities:    
Business acquisition, net of cash acquired 19 (10,128)
Purchases of property and equipment, net of disposal proceeds (7,899) (6,433)
Net cash used in investing activities (7,880) (16,561)
Cash flows from financing activities:    
Proceeds from credit facility 17,500 12,500
Business Acquisitions, Payment Of Earnout Liability (4,000) 0
Business Acquisition Obligation Current (3,992)  
Repayments of credit facility (13,500) (2,500)
Payments of Loan Costs (38) (157)
Restricted stock repurchased from employees for withholding taxes (1,275) (100)
Proceeds from option exercises 4,154 862
Net cash provided by financing activities 2,841 10,605
Effect of exchange rates on cash and cash equivalents 187 (1,392)
Net decrease in cash and cash equivalents (8,340) (3,791)
Cash and cash equivalents at beginning of period 18,823 15,723
Cash and cash equivalents at end of period 10,483 11,932
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 223 146
Cash paid during the period for income taxes, net of refunds received $ 895 $ 668