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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
OPERATING ACTIVITIES:            
Net Loss $ 13,224   $ (322) $ (28,024) $ (5,564)  
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:            
Provision for bad debt   $ 6,300   6,263 547 $ 1,246
Depreciation and amortization 9,784   6,401 17,344 12,850  
Stock-based compensation expense 1,140   1,294 2,290 2,522  
Fair value changes in the contingent put option (22,602)     7,025    
Fair value changes in the compound embedded option 756     756    
Fair value changes in the contingent liabilities       3,983 (926)  
Deferred income taxes       (4,911) (896)  
Cloud computing costs       (1,346) (96)  
Other       983 1,506  
Changes in operating assets and liabilities—net of acquisitions:            
Accounts receivable and contract assets       7,427 (5,642)  
Prepaid expenses and other current assets       (789) (91)  
Accounts payable and other accrued liabilities       (8,296) 130  
Accrued payroll and benefits       1,886 51  
Payment of contingent consideration and other assumed purchase price obligations       (6,175)    
Net cash (used in) provided by operating activities       (1,584) 4,391  
INVESTING ACTIVITIES:            
Purchases of property and equipment       (3,160) (1,179)  
Proprietary software development       (155) (63)  
Proceeds from net working capital adjustment related to acquisitions       2,819    
Cash paid for acquisitions—net of cash acquired       (173,473) (26,699)  
Net cash used in investing activities       (173,969) (27,941)  
FINANCING ACTIVITIES:            
Proceeds from line of credit       104,390 64,628  
Payments on line of credit       (176,980) (40,628)  
Proceeds from term loans       175,000    
Repayment of term loans       (48,750)    
Payment of contingent consideration and other assumed purchase price obligations       (6,005) (532)  
Repayment of capital leases       (1,249) (821)  
Payments on deferred offering costs       (1,462)    
Debt issuance cost       (4,866)    
Debt extinguishment costs       (351)    
Proceeds from issuance of common stock       21 95  
Issuance of convertible and redeemable Series A-2 preferred stock and warrant       173,664    
Net cash provided by financing activities       213,412 22,742  
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH       37,859 (808)  
Foreign exchange impact on cash balance       71 (4)  
Beginning of year   $ 6,884   6,884 2,489 2,489
End of period $ 44,814   $ 1,677 44,814 1,677 $ 6,884
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:            
Cash paid for interest       6,539 2,025  
Cash paid for income tax       72 859  
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:            
Accrued purchases of property and equipment       814 555  
Property and equipment purchased under capital leases       1,704 2,136  
Accretion of the Redeemable Series A-1 Preferred Stock to redeemable value       11,059 9,311  
Acquisitions unpaid contingent liabilities       44,994 5,388  
Common stock issued to acquire new businesses       25,000 $ 3,363  
Offering costs included in accounts payable and other accrued liabilities       $ 941