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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,744) $ (3,607)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,369 8,721
Amortization of intangible assets 8,647 7,147
Unrealized (gain) loss on investment in equity securities (2,238) 7,501
Share-based compensation expense 2,621 2,201
Bad debt expense 155 724
Amortization of debt discount 153 89
Amortization of debt issuance costs 170 273
Deferred income taxes 582 (1,972)
Loss on disposal of fixed assets 331 489
Changes in operating assets and liabilities (excludes assets and liabilities held for sale, see Note 3):    
Accounts receivable 1,091 2,289
Short-term investments in real estate (401) (9,915)
Prepaid expenses and other current assets (781) 702
Other assets (92) 481
Accounts payable and accrued expenses (16,318) (18,189)
Other current and non-current liabilities (7,200) (5,503)
Net cash used in operating activities (6,655) (8,569)
Cash flows from investing activities:    
Additions to premises and equipment (790) (1,258)
Net cash used in investing activities (790) (1,258)
Cash flows from financing activities:    
Repayments and repurchases of long-term debt 0 (1,486)
Debt issuance costs 0 (496)
Proceeds from stock option exercises 28 2,617
Purchase of treasury shares 0 (9,994)
Distributions to non-controlling interests (620) (672)
Payments of tax withholding on issuance of restricted share units and restricted shares (585) 0
Net cash used in financing activities (1,177) (10,031)
Net decrease in cash, cash equivalents and restricted cash (8,622) (19,858)
Cash, cash equivalents and restricted cash at the beginning of the period 64,046 108,843
Cash, cash equivalents and restricted cash at the end of the period 55,424 88,985
Supplemental cash flow information:    
Interest paid 5,634 5,269
Income taxes paid, net 2,410 946
Non-cash investing and financing activities:    
Increase in payables for purchases of premises and equipment 28 264
Acquisition of right-to-use assets with lease obligations $ 209 $ 0