XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Sep. 30, 2019
Jun. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Mar. 31, 2020
Cash flows from operating activities:              
Net income $ 2,679 $ 1,217 $ 3,172 $ 4,662 $ 3,896 $ 7,834  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         8,333 4,444  
Stock-based compensation         3,276 2,050  
Non-cash interest and debt amortization         2,667 706  
Amortization of step-up in inventory basis         (436) 0  
Change in inventory reserve         258 70  
Other         499 129  
Cash provided by changes in operating assets and liabilities              
Accounts receivable, net         3,077 246  
Inventories, net         (464) 295  
Prepaid expenses and other assets         (1,941) (2,508)  
Accounts payable         (1,604) (746)  
Accrued liabilities and taxes payable         (4,811) (5,385)  
Unearned revenues         (140) 14  
Net cash provided by operating activities         12,610 7,149  
Cash flows from investing activities:              
Acquisitions         0 (2,555)  
Purchases of property, plant and equipment         (707) (543)  
Net cash (used in) investing activities         (707) (3,098)  
Cash flows from financing activities:              
Proceeds from the issuance of convertible senior notes, net         0 167,070  
Proceeds from the issuance of common stock, net         145,935 84,995  
Payments of debt         0 (23,000)  
Dividends         (1,522) (1,321)  
Payments of Contingent Consideration         (10) (11)  
Proceeds from the exercise of stock options         2,701 3,507  
Net cash provided by financing activities         147,104 231,240  
Effect of exchange rate changes on cash and cash equivalents         1,537 (33)  
Net increase in cash and cash equivalents         160,544 235,258  
Cash and cash equivalents at beginning of period   $ 81,380   $ 10,185 81,380 10,185 $ 10,185
Cash and cash equivalents at end of period $ 241,924   $ 245,443   $ 241,924 $ 245,443 $ 81,380