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CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 733 $ 2,709
Adjustments to reconcile net income to net cash (used in) provided by operations:    
Depreciation and amortization 14,971 14,574
Provision for doubtful accounts 446  
Stock-based compensation 15,529 13,367
Non-cash interest expense 2,646  
Deferred tax benefit (4,615) (2,898)
Changes in operating assets and liabilities:    
Accounts receivable (26,692) 5,584
Prepaid expenses and other assets (13,605) (6,848)
Deferred costs (1,079) 2,020
Accounts payable 6,384 849
Accrued expenses and other liabilities 13,028 832
Deferred revenue (8,481) 12,062
Net cash (used in) provided by operating activities (735) 42,251
Cash flows from investing activities:    
Capital expenditures (10,145) (2,472)
Net cash used in investing activities (10,145) (2,472)
Cash flows from financing activities:    
Net transaction with Parent 13,513 (39,779)
Distribution to Parent (152,978)  
Proceeds from long-term debt, net of discount 249,705  
Payments for long-term debt issuance costs (515)  
Principal payments of long-term debt (2,363)  
Common stock repurchases for tax withholdings for net settlement of equity awards (919)  
Principal payment of lease liabilities arising from a finance lease (67)  
Net cash provided by (used in) financing activities 106,376 (39,779)
Effects of exchange rate changes on cash and cash equivalents 88  
Net change in cash and cash equivalents 95,584  
Cash and cash equivalents at end of period 95,584  
Supplemental information:    
Cash paid for income taxes 627 $ 3,267
Cash paid for interest $ 8,997