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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income $ 58,234 $ 34,090
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37,532 33,793
Amortization of contract acquisition costs 205 488
Amortization of debt issuance costs 366 735
Imputed interest expense and fair value adjustments to contingent consideration 1,941 (555)
Provision for credit losses 607  
(Gain) loss on disposal of assets 17 34
Loss on dissolution of subsidiary 2,467  
Impairment losses 696 3,569
Deferred income taxes 3,289 (2,724)
Excess tax benefit from equity-based awards (403) (557)
Equity-based compensation expense 5,976 6,534
(Gain) loss on foreign currency derivatives 114 (232)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (26,007) 27,688
Prepaids and other assets 30,287 13,103
Accounts payable and accrued expenses 35,572 62,770
Deferred revenue and other liabilities (45,615) (57,470)
Net cash provided by operating activities 105,278 121,266
Cash flows from investing activities    
Proceeds from sale of long-live assets 16 327
Purchases of property, plant and equipment (31,915) (28,428)
Acquisitions, net of cash acquired of $3,123 and zero, respectively (4,421)  
Net cash used in investing activities (36,320) (28,101)
Cash flows from financing activities    
Proceeds from line of credit 905,700 540,200
Payments on line of credit (495,700) (594,200)
Payments on other debt (4,356) (7,016)
Payments of contingent consideration and hold back payments to acquisitions (48,686) (5,902)
Dividends paid to shareholders (15,843) (13,864)
Payments to noncontrolling interest (5,091) (2,250)
Capital contribution from noncontrolling interest   3,362
Tax payments related to issuance of restricted stock units (3,218) (3,223)
Payments of debt issuance costs (35) (1,819)
Net cash (used in) provided by financing activities 332,771 (84,712)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4,645) 239
Increase (decrease) in cash, cash equivalents and restricted cash 397,084 8,692
Cash, cash equivalents and restricted cash, beginning of period 105,591 78,237
Cash, cash equivalents and restricted cash, end of period 502,675 86,929
Supplemental disclosures    
Cash paid for interest 5,924 6,844
Cash paid for income taxes 10,605 19,445
Non-cash investing and financing activities    
Acquisition of long lived assets through finance leases 1,599 1,318
Acquisition of equipment through increase in accounts payable, net $ (2,169) $ 221