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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net income $ 24,685 $ 20,476
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,872 16,743
Amortization of contract acquisition costs 130 253
Amortization of debt issuance costs 183 556
Imputed interest expense and fair value adjustments to contingent consideration 3,220 1,364
Provision for credit losses 162  
(Gain) loss on disposal of assets 14 7
Impairment losses 696 1,506
Deferred income taxes 4,589 (2,358)
Excess tax benefit from equity-based awards (195) (320)
Equity-based compensation expense 2,919 3,168
(Gain) loss on foreign currency derivatives 485 (42)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 11,611 18,580
Prepaids and other assets 19,219 5,869
Accounts payable and accrued expenses (933) 25,616
Deferred revenue and other liabilities (23,492) (11,455)
Net cash provided by operating activities 62,165 79,963
Cash flows from investing activities    
Proceeds from sale of long-live assets 15 15
Purchases of property, plant and equipment (16,813) (13,200)
Acquisitions, net of cash acquired of $3,123 and zero, respectively (5,243)  
Net cash used in investing activities (22,041) (13,185)
Cash flows from financing activities    
Proceeds from line of credit 523,200 253,600
Payments on line of credit (113,200) (293,600)
Payments on other debt (2,400) (4,498)
Payments of contingent consideration and hold back payments to acquisitions   (5,537)
Payments to noncontrolling interest (2,091) (900)
Capital contribution from noncontrolling interest   1,330
Tax payments related to issuance of restricted stock units (1,810) (1,773)
Payments of debt issuance costs (35) (1,729)
Net cash (used in) provided by financing activities 403,664 (53,107)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (7,374) (469)
Increase (decrease) in cash, cash equivalents and restricted cash 436,414 13,202
Cash, cash equivalents and restricted cash, beginning of period 105,591 78,237
Cash, cash equivalents and restricted cash, end of period 542,005 91,439
Supplemental disclosures    
Cash paid for interest 2,864 3,360
Cash paid for income taxes 3,248 2,476
Non-cash investing and financing activities    
Acquisition of long lived assets through finance leases 837 3,617
Acquisition of equipment through increase in accounts payable, net (3,511) 1,780
Dividends declared but not paid $ 15,843 $ 13,864