XML 22 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net (loss) income $ (9,065) $ 4,376
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 6,783 3,125
Amortization of intangible assets 7,073 4,309
Provision for doubtful accounts 515 489
Stock-based compensation 6,825 4,803
Deferred income taxes (25) 488
Unrealized/realized (gain) loss on equity investment (154) (3,757)
Non-cash interest 995 227
Other non-cash items (172) 701
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable 46,661 (5,762)
Inventories 8,287 5,915
Prepaid expenses and other assets (7,814) (1,856)
Accounts payable (31,251) 9,042
Accrued compensation and benefits (13,964) (5,360)
Deferred revenue 9,374 4,650
Other current and long-term liabilities 10,262 (2,792)
Net cash provided by operating activities 34,330 18,598
Cash flows from investing activities:    
Capital expenditures (7,417) (7,421)
Business acquisitions   (68,047)
Proceeds from sale of investment 727 4,922
Net cash used in investing activities (6,690) (70,546)
Cash flows from financing activities:    
Borrowings under Term Loan   80,000
Repayments of debt (12,375) (4,093)
Loan fees on borrowings (273) (1,494)
Proceeds from issuance of common stock, net of tax withholding 7,137 42
Capital lease financing (91)  
Contingent consideration obligations (1,577)  
Deferred payments on an acquisition (1,000)  
Net cash (used in) provided by financing activities (8,179) 74,455
Foreign currency effect on cash (433) 57
Net increase in cash and cash equivalents 19,028 22,564
Cash and cash equivalents at beginning of period 121,139 130,450
Cash and cash equivalents at end of period $ 140,167 $ 153,014