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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 20,169 $ 35,230 $ (1,387)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 25,697 22,420 17,282
Impairment charge 1,600 3,023 40,035
Deferred income taxes (3,708) 14,554 (6,225)
Non-cash interest 1,314 604 649
Amortization of syndication contracts 468 475 504
Payments on syndication contracts (470) (473) (458)
Non-cash stock-based compensation 20,034 9,595 5,125
(Gain) loss on marketable securities 532    
(Gain) loss on disposal of property and equipment (636) (4,629) (731)
Change in fair value of contingent consideration 14,210 8,224  
Changes in assets and liabilities:      
(Increase) decrease in trade receivables, net (9,687) (49,109) (20,100)
(Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets 2,017 6,782 11,526
Increase (decrease) in accounts payable, accrued expenses and other liabilities 7,377 18,557 17,229
Net cash provided by operating activities 78,917 65,253 63,449
Cash flows from investing activities:      
Proceeds from sale of property and equipment and intangibles 2,708 10,348 5,089
Purchases of property and equipment (11,468) (5,819) (9,060)
Purchases of intangibles     (158)
Purchase of businesses, net of cash acquired   (14,260) (21,261)
Investment in variable interest entities, net of cash consolidated (5,164)    
Purchases of marketable securities (106,382)    
Proceeds from marketable securities 59,814 27,800 63,480
Purchases of investments   (800)  
Net cash provided by (used in) investing activities (60,492) 17,269 38,090
Cash flows from financing activities:      
Proceeds from stock option exercises 219 416  
Tax payments related to shares withheld for share-based compensation plans (4,524) (4,729) (1,426)
Payments on long-term debt (3,252) (3,000) (3,000)
Dividends paid (8,539) (8,531) (10,531)
Repurchase of Class A common stock (11,280)   (525)
Payment of contingent consideration (65,340)    
Principal payments under finance lease obligation (105) (126)  
Payments of capitalized debt offering and issuance costs   (604)  
Net cash used in financing activities (92,821) (16,574) (15,482)
Effect of exchange rates on cash, cash equivalents and restricted cash (3) (16) (3)
Net increase (decrease) in cash, cash equivalents and restricted cash (74,399) 65,932 86,054
Cash, cash equivalents and restricted cash:      
Beginning 185,843 119,911 33,857
Ending 111,444 185,843 119,911
Cash payments for:      
Interest 9,562 6,412 7,616
Income taxes 16,921 4,125 7,731
Supplemental disclosures of non-cash investing and financing activities:      
Capital expenditures financed through accounts payable, accrued expenses and other liabilities $ 2,109 942 $ 1,155
Contingent consideration liability related to acquisitions and purchase of noncontrolling interest   $ 106,700