XML 17 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (48,626) $ (17,771)
Less: (Loss) income from discontinued operations, net of income taxes (940) 308
Loss from continuing operations, net of income taxes (47,686) (18,079)
Adjustments to reconcile net loss from continuing operations, net of income taxes to net cash used in operating activities:    
Depreciation and amortization 13,777 8,790
Amortization of deferred financing costs and debt discount 2,875 1,987
Change in fair value of contingent consideration 0 102
Change in deferred income tax 1,223 352
Compensation under stock-based compensation plans 1,027 1,993
Loss (gain) on dispositions 685 (939)
Loss on extinguishment of debt 13,453 0
Changes in assets and liabilities:    
Receivables, net of bad debt expense 8,721 (1,281)
Inventory 7,343 10,537
Prepaid expenses and other assets 5,469 322
Accounts payable (12,753) (16,190)
Amounts due to plan sponsors 1,027 62
Accrued interest 31 (192)
Accrued expenses and other liabilities 714 (3,140)
Net cash used in operating activities from continuing operations (4,094) (15,676)
Net cash used in operating activities from discontinued operations (940) (5,913)
Net cash used in operating activities (5,034) (21,589)
Cash flows from investing activities:    
Purchases of property and equipment (4,292) (5,466)
Proceeds from dispositions 0 1,132
Investment in restricted cash (5,055) 0
Net cash used in investing activities (9,347) (4,334)
Cash flows from financing activities:    
Proceeds from priming credit agreement, net of expenses 23,060 0
Fees attributable to extinguishment of debt (311) 0
Net proceeds from issuance of equity, net of issuance costs 20,776 83,267
Borrowings on long-term debt, net of expenses 294,446 0
Borrowings on revolving credit facility 563 45,000
Repayments on revolving credit facility (55,863) (60,000)
Principal payments of long-term debt (236,770) (6,274)
Repayments of capital leases (401) (129)
Other (155) (93)
Net cash provided by financing activities 45,345 61,771
Net change in cash and cash equivalents 30,964 35,848
Cash and cash equivalents - beginning of period 9,569 15,577
Cash and cash equivalents - end of period 40,533 51,425
DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 22,613 17,325
Cash paid during the period for income taxes 249 229
DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Entry into capital lease $ 1,327 $ 0