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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income $ 55,024 $ 24,685
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20,459 18,872
Amortization of contract acquisition costs 176 130
Amortization of debt issuance costs 175 183
Imputed interest expense and fair value adjustments to contingent consideration 877 3,220
Provision for credit losses 21 162
(Gain) loss on disposal of assets 46 14
Impairment losses 3,517 696
Deferred income taxes (1,090) 4,589
Excess tax benefit from equity-based awards (1,775) (195)
Equity-based compensation expense 4,028 2,919
(Gain) loss on foreign currency derivatives 61 485
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 27,053 11,611
Prepaids and other assets (22,669) 19,219
Accounts payable and accrued expenses 15,972 (933)
Deferred revenue and other liabilities (32,088) (23,492)
Net cash provided by operating activities 69,787 62,165
Cash flows from investing activities    
Proceeds from sale of long-live assets 25 15
Purchases of property, plant and equipment (11,565) (16,813)
Acquisitions, net of cash acquired of zero and $3,123, respectively (267) (5,243)
Net cash used in investing activities (11,807) (22,041)
Cash flows from financing activities    
Net proceeds (borrowings) from line of credit (46,000) 410,000
Payments on other debt (1,871) (2,400)
Payments to noncontrolling interest (2,385) (2,091)
Tax payments related to issuance of restricted stock units (3,927) (1,810)
Payments of debt issuance costs   (35)
Net cash (used in) provided by financing activities (54,183) 403,664
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,576) (7,374)
Increase (decrease) in cash, cash equivalents and restricted cash 1,221 436,414
Cash, cash equivalents and restricted cash, beginning of period 159,015 105,591
Cash, cash equivalents and restricted cash, end of period 160,236 542,005
Supplemental disclosures    
Cash paid for interest 1,576 2,864
Cash paid for income taxes 4,275 3,248
Non-cash investing and financing activities    
Acquisition of long lived assets through finance leases 137 837
Acquisition of equipment through increase in accounts payable, net (3,431) (3,511)
Dividends declared but not paid $ 20,132 $ 15,843