XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net loss $ (14,856) $ (12,526)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,816 11,837
Non-cash interest 4,815 4,507
Loss on debt extinguishment 7,257  
Stock-based compensation 978 825
Provision for losses on accounts receivable 972 784
Deferred income taxes 342 112
Change in fair value of contingent consideration 19 29
Change in fair value of private warrants (1,969)  
Changes in operating assets and liabilities:    
Accounts receivable (680) (7,487)
Prepaid expenses and other assets (5,087) (8,151)
Accounts payable and accrued expenses (2,986) (588)
Deferred revenue (1,436) (1,298)
Net cash used in operating activities (2,815) (11,956)
Investing activities    
Acquisitions, net of cash acquired   (2,334)
Purchases of property and equipment (3,088) (2,767)
Net cash used in investing activities (3,088) (5,101)
Financing activities    
Issuance of common stock 34  
Revolving credit facility - draws   29,000
Payments for capital lease obligations (285) (224)
Debt issuance costs (2,031)  
Proceeds from long-term debt, net of original issue discount 294,000  
Retirement of debt (289,000)  
Payments on long-term debt   (4,250)
Net cash provided by financing activities 2,718 24,526
Effect of foreign exchange rates (208) (265)
Net (decrease) increase in cash (3,393) 7,204
Cash at beginning of period 51,201 43,407
Cash at end of period 47,808 50,611
Supplemental disclosure:    
Cash paid for interest 12,232 8,704
Income tax refunds (591) (266)
Significant non-cash investing and financing activities    
Purchases of property and equipment in accounts payable and accrued expenses on the consolidated balance sheets $ 682 $ 931