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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (60,109) $ (9,369)
Adjustments to reconcile net loss to net cash provided by operations:    
Depreciation and amortization expense 38,997 30,447
Non-cash operating lease costs 15,246 0
Deferred income taxes - net (5,252) (2,091)
Loss on extinguishment of debt 5,469 72
Amortization of deferred financing costs 3,057 2,286
Equity in earnings of joint ventures (2,018) (656)
Stock-based incentive compensation expense 3,898 1,671
Other adjustments 1,046 640
Changes in operating assets and liabilities:    
Accounts receivable, net 71,029 (32,483)
Inventories (6,212) 4,010
Prepaid expenses and other current assets 1,447 (593)
Accounts payable (36,157) 8,683
Accrued compensation and employee benefits 5,312 615
Accrued expenses and other current liabilities (3,846) 9,309
Operating lease liabilities (11,922) 0
Other noncurrent assets and liabilities (3,415) (343)
Net cash provided by operating activities 16,570 12,198
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (13,150) (20,716)
Other investing cash flows 636 0
Business acquisitions, net of cash acquired (700,170) (9,917)
Net cash used in investing activities (712,684) (30,633)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Redemptions to related parties (2,000) 0
Sale of management notes receivable 1,310 0
Exercise of stock options, vesting of restricted stock, and related tax withholdings (2,497) 0
Proceeds from debt 981,050 1,000
Repayments of debt principal (2,075) (4,112)
Retirement of debt obligations (226,738) 0
Deferred financing costs (36,538) 0
Net cash provided by (used in) financing activities 712,512 (3,112)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 16,398 (21,547)
Cash and cash equivalents - beginning of the period 36,391 53,116
CASH AND CASH EQUIVALENTS - END OF PERIOD 52,789 31,569
Supplemental disclosure of cash flow information:    
Cash paid for interest 35,531 32,110
Cash paid for income taxes 1,617 1,246
Cash paid for operating leases $ 15,248