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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 (loss) income $ 19,410 $ (18,527) $ (52,293)
Adjustments to reconcile net loss to net cash provided by operations      
Loss on extinguishment of debt 3,673 0 0
Depreciation and amortization 73,140 82,064 91,199
Deferred income taxes (3,344) (21,996) (16,952)
Stock-based compensation 23,805 32,580 3,465
Impairments of long-lived assets 1,008 3,274 1,797
Provision for bad debts 877 1,169 432
Amortization of financing fees 453 471 497
Amortization of debt discount 1,675 3,262 2,357
Deferred rent (226) (1,621) (827)
Unrealized translation gain on investment in foreign subsidiaries (2,345) (154) (597)
Changes in fair value of derivatives (4,102) (7,422) 5,751
Excess payment on contingent consideration for acquisition 0 (1,159) 0
Changes in operating assets and liabilities      
Accounts receivable (11,184) (40,086) 165
Insurance receivable 921 750 14,250
Prepaid expenses (1,101) (4,975) (1,245)
Other assets (4,515) (3,181) 797
Accounts payable 7,885 12,950 (3,470)
Litigation settlement obligation 4,165 (750) (14,250)
Accrued expenses 303 30,212 (6,396)
Other liabilities (6,235) 1,744 11,505
Net cash provided by operating activities 104,263 68,605 36,185
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (4,498) (3,234) (2,317)
Purchases of intangible assets and capitalized software (15,689) (15,860) (14,185)
Acquisitions, net of cash acquired 0 (66,323) 0
Proceeds from disposition of property and equipment 51 41 236
Net cash used in investing activities (20,136) (85,376) (16,266)
CASH FLOWS FROM FINANCING ACTIVITIES      
Issuance of common stock 2,416 2,483 3,250
Repurchases of common stock (13,962) 0 0
Proceeds from issuance of common stock in IPO, net of underwriting discounts and commissions 0 102,638 0
Payments of IPO issuance costs (225) (7,890) 0
Capital contribution from certain stockholders 0 15,576 0
Payments of long-term debt (510,340) (113,147) (6,461)
Proceeds from term loan borrowings 300,000 0 0
Repayments of revolving credit facility (17,495) 0 (83,800)
Borrowings on revolving credit facility 222,989 0 83,800
Payments of debt issuance costs (9,093) 0 0
Payment of contingent consideration for acquisition (226) (738) 0
Payments of finance lease obligations (3) (9) (7)
Net cash used in financing activities (25,939) (1,087) (3,218)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (3,091) (777) (367)
NET CHANGE IN CASH AND CASH EQUIVALENTS 55,097 (18,635) 16,334
Beginning of period 47,998 66,633 50,299
Cash and cash equivalents at end of period 103,095 47,998 66,633
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid during the period for Interest, net of capitalized amounts 32,348 30,782 34,658
Income taxes 18,532 5,574 3,224
Offering costs included in accounts payable and accrued liabilities 0 225 0
Noncash investing activities      
Purchases of property and equipment in accounts payable and accrued expenses 25 109 128
Noncash purchase price of business combinations $ 0 $ 1,445 $ 0