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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 2,493 $ 3,260
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 5,492 2,262
Provision for bad debts 225 343
Provision for customer credits 411 716
Share-based compensation 3,171 1,889
Change in deferred tax asset 553 5,663
Changes in assets and liabilities:    
Accounts receivable (4,590) (1,159)
Prepaid expenses and other current assets 196 (1,217)
Other assets 156 (3,627)
Accounts payable 3,747 1,879
Accrued expenses and other current liabilities 189 (2,137)
Non-current liabilities 38 (261)
Net cash provided by operating activities 12,081 7,611
Cash flows from investing activities:    
Purchase of Dealix/Autotegrity 0 (25,011)
Investment in GoMoto (375) 0
Purchases of property and equipment (1,871) (1,810)
Net cash used in investing activities (2,246) (26,821)
Cash flows from financing activities:    
Borrowings under credit facility 0 2,750
Borrowings under term loan 0 15,000
Payments on term loan borrowings (3,938) (2,437)
Proceeds from exercise of stock options 2,877 113
Proceeds from exercise of warrant 0 1,860
Payment of contingent fee arrangement (38) (25)
Net cash (used in) provided by financing activities (1,099) 17,261
Net increase (decrease) in cash and cash equivalents 8,736 (1,949)
Cash and cash equivalents, beginning of period 23,993  
Cash and cash equivalents, end of period 32,729  
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 261 329
Cash paid for interest $ 661 $ 659