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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Cash Flows From Operating Activities      
Net loss $ (106,310) $ (210,977) $ (242,162)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 303,150 200,542 237,225
Bad debt expense 3,332 1,331 6,507
Deferred income tax benefit (45,105) 357 (14,103)
Share-based compensation 35,422 51,383 13,715
Restructuring and impairment 5,288 0 0
Loss on extinguishment of debt 0 50,676 0
Gain on disposal of business (29,192) 0 (39,104)
Impairment on assets held for sale 0 18,431 0
Deferred finance charges 5,752 2,496 9,182
Tax indemnity write-off 0 0 33,819
Other operating activities 2,611 (374) (3,979)
Changes in operating assets and liabilities:      
Accounts receivable 16,234 (593) (50,906)
Prepaid expenses 5,245 (10,224) (2,936)
Other assets 56,771 (975) 578
Accounts payable (2,851) (13,838) (18,091)
Accrued expenses and other current liabilities (90,568) 1,095 9,842
Deferred revenues 80,683 33,480 33,539
Operating lease right of use assets 5,329 11,365 0
Operating lease liabilities (6,064) (11,251) 0
Other liabilities 2,458 (5,344) 774
Net cash provided by operating activities 263,500 117,580 (26,100)
Cash Flows From Investing Activities      
Capital expenditures (107,713) (69,836) (45,410)
Acquisitions, net of cash acquired (2,919,871) (68,424) (23,539)
Acquisition of intangible assets (5,982) (2,625) 0
Proceeds from sale of product line, net of restricted cash 41,398 0 80,883
Net cash used in investing activities (2,992,168) (140,885) 11,934
Cash Flows From Financing Activities      
Proceeds from revolving credit facility 60,000 70,000 45,000
Principal payments on term loan (12,600) (641,509) (46,709)
Repayments of revolving credit facility (125,000) (50,000) (30,000)
Payment of debt issuance costs (38,340) (41,923) 0
Contingent purchase price payment (7,816) (2,371) (2,470)
Proceeds from reverse recapitalization 0 682,087 0
Proceeds from issuance of debt 1,960,000 1,600,000 0
Extinguishment of debt 0 (1,342,651) 0
Tax receivable agreement payout 0 (200,000) 0
Proceeds from issuance of ordinary shares 843,744    
Proceeds from warrant exercises 277,526 0 0
Proceeds from stock options exercised 2,122 1,582 1,574
Payments related to tax withholding for stock-based compensation (33,056) 0 0
Net cash provided by (used in) financing activities 2,926,580 75,215 (32,605)
Effects of exchange rates (5,043) (971) (5,193)
Net increase in cash and cash equivalents, and restricted cash 192,869 50,939 (51,964)
Cash:      
Cash and cash equivalents 257,730 76,130 25,575
Restricted cash 11,278 9 9
Less: Cash included in assets held for sale, end of period 0 (384) 0
Total cash and cash equivalents, and restricted cash 269,008 76,139 25,584
Supplemental Cash Flow Information      
Cash paid for interest 97,510 101,164 121,916
Cash paid for income tax 27,621 29,204 13,210
Capital expenditures included in accounts payable 7,783 8,762 5,166
Assets received as reverse recapitalization capital 0 1,877 0
Liabilities assumed as reduction of reverse recapitalization capital 0 5,910 0
Transaction & Prior Period Expense      
Cost of revenues (399,122) (352,000) (430,326)
Selling, general and administrative costs (553,756) $ (475,014) $ (413,004)
Gain (Loss) on Foreign Currency Forward Contracts (2,903)    
Mark to Market Loss on Contingent Shares $ 24,218