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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 10,230 $ 1,304
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,307 7,607
Share-based compensation 1,260 713
Provision for bad debt 552 385
Debt origination costs amortization 358 464
Deferred taxes 672 (1,031)
Loss on disposal of property and equipment 113 104
Total adjustments 9,262 8,242
Changes in operating assets and liabilities:    
Accounts receivable (57,861) (4,821)
Prepaid wires 17,954 (6,662)
Other prepaid expenses and assets 726 (19)
Wire transfers and money orders payable 47,222 1,787
Accounts payable and accrued and other liabilities 4,553 7,099
Net cash provided by operating activities 32,086 6,930
Cash flows from investing activities:    
Purchases of property and equipment (2,413) (2,238)
Acquisition of agent locations (250) 0
Net cash used in investing activities (2,663) (2,238)
Cash flows from financing activities:    
Borrowings under term loan 12,000 0
Borrowings (repayments) under revolving loan, net 5,000 (2,425)
Repayment of term loan (2,402) 0
Debt origination costs (240) 0
Cash paid in warrant exchange (10,031) 0
Net cash provided by (used in) financing activities 4,327 (2,425)
Effect of exchange rate changes on cash 105 (86)
Net increase in cash and restricted cash 33,855 2,181
Cash and restricted cash, beginning of the period 73,029 59,795
Cash and restricted cash, end of the period 106,884 61,976
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,783 6,205
Cash paid for income taxes 1,060 1,480
Supplemental disclosure of non-cash investing activity:    
Agent business acquired in exchange for receivables $ 85 $ 0