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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities:    
Consolidated net loss $ (15,828) $ (86,932)
Adjustments to reconcile net loss to net cash used in operating activities, net of acquisitions:    
Depreciation and amortization 14,250 13,263
Employee stock compensation expense 1,897 2,046
Changes in deferred taxes (5,318) (20,123)
Provision for expected credit losses (438) 1,078
Amortization of debt issuance costs and original issue discount 846 732
Non-cash interest and accretion expense 1,688 1,446
Other non-cash operating activities (1,249) 1,028
Goodwill impairment loss 0 66,367
Non-cash amortization of inventory fair value step-up 102 244
Changes in operating assets and liabilities:    
Trade receivables and contract assets (1,497) 21,999
Inventories 6,058 (4,204)
Prepaid expenses and other current assets 7,096 7,810
Operating lease right-of-use assets and liabilities, net 138 266
Accounts payable (2,845) 1,169
Accrued expenses and other liabilities (2,497) (5,548)
Fees invoiced in advance (20,012) (7,796)
Other asset and liabilities, net 11,064 (255)
Net cash used in operating activities (6,545) (7,410)
Investing activities:    
Capital expenditures (5,572) (8,369)
Proceeds from sale of property and equipment 1,529 211
Net cash used in investing activities (4,043) (8,158)
Financing activities:    
Payments on revolving credit facility 0 (15,000)
Payments on senior term notes and delayed draw term loans (691) (688)
Borrowings on delayed draw term loan 0 35,000
Other financing activities, net (2,230) (928)
Net cash (used in) provided by financing activities (2,921) 18,384
Effect of exchange rate changes on cash and cash equivalents 18 593
Net (decrease) increase in cash and cash equivalents (13,491) 3,409
Less: cash, cash equivalents, and restricted cash held for sale 0 (1,569)
Cash, cash equivalents, and restricted cash at beginning of period 35,492 18,980
Cash, cash equivalents, and restricted cash at end of period, net of cash, cash equivalents and restricted cash held for sale 22,001 20,820
Supplemental disclosure of cash flow information:    
Cash paid for interest 11,068 8,491
Income taxes paid, net $ 298 $ 2,268