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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 11,707 $ 27,249
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 63,922 68,441
Amortization of deferred financing costs 927 894
Bad debt recovery 138 (120)
Deferred taxes (3,057) 3,773
Share-based compensation 5,659 3,802
(Gain) loss on foreign currency exchange rates 4 37
Loss on disposal of fixed assets and impairment of ROU assets 2,125 162
Change in fair value of interest rate swaps (1,235) (7,378)
Changes in operating assets and liabilities:    
Accounts receivable 4,034 11,199
Prepaid expenses and other assets 5,335 38
Accounts payable (3,035) (2,748)
Accrued compensation and accrued liabilities (8,847) (8,780)
Deferred revenues 248 (272)
Operating lease liabilities (460) (596)
Other liabilities 304 557
Income taxes receivable and payable, net (6,047) 154
Net cash provided by operating activities 71,722 96,412
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions of businesses, net of cash acquired 0 (19,044)
Purchases of property and equipment (688) (5,165)
Capitalized software development costs (12,434) (10,236)
Other investing activities (196) 82
Net cash used in investing activities (13,318) (34,363)
CASH FLOWS FROM FINANCING ACTIVITIES    
Share repurchases (52,334) 0
Payments on finance lease obligations (74) (459)
Payments on deferred purchase agreements (469) (526)
Proceeds from issuance of common stock under share-based compensation plans 2,104 1,270
Net settlement of share-based compensation plan awards (211) (98)
Net cash used in financing activities (50,984) 187
Effect of exchange rate on cash, cash equivalents, and restricted cash (30) (2,546)
Increase in cash, cash equivalents, and restricted cash 7,390 59,690
Cash, cash equivalents, and restricted cash at beginning of period 391,796 292,790
Cash, cash equivalents, and restricted cash at end of period 399,186 352,480
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for income taxes, net of refunds received 13,797 6,181
Cash paid for interest 21,933 10,191
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property and equipment acquired on account 73 23
Excise taxes on share repurchases incurred but not paid $ 522 $ 0