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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income attributable to Ebix, Inc. $ 38,534 $ 37,312
Net loss attributable to noncontrolling interest (1,305) (1,076)
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and depreciation 9,238 7,785
Provision (benefit) for deferred taxes (24,354) (3,175)
Share-based compensation 1,934 2,717
(Benefit) provision for doubtful accounts 1,702 (2,815)
Amortization of right-of-use assets 1,765 2,507
Amortization of capitalized software development costs 1,511 1,647
Changes in assets and liabilities, net of effects from acquisitions:    
Accounts receivable (16,223) 2,025
Receivables from service providers (2,194) (8,592)
Payables to service agents 1,174 (1,154)
Other assets (9,826) (10,489)
Accounts payable and accrued expenses 8,525 (9,469)
Accrued payroll and related benefits 1,004 (1,318)
Contract liabilities 8,766 2,182
Lease liabilities (1,670) (264)
Reserve for potential uncertain income tax return positions 0 334
Other liabilities 2,863 3,503
Net cash provided by operating activities 21,444 21,660
Cash flows from investing activities:    
Capitalized software development costs (4,170) (3,106)
Maturities (purchases) of unrestricted marketable securities, net (3,214) 11,250
Capital expenditures (9,607) (1,705)
Net cash (used in) provided by investing activities (16,991) 6,439
Cash flows from financing activities:    
Principal payments of term loan obligation (15,933) (31,297)
Forfeiture of certain shares to satisfy exercise costs and the recipients' income tax obligations related to stock options exercised and restricted stock vested (64) (119)
Dividend payments (4,636) (4,642)
Payments of debt obligations, net (1,672) (149)
Payments of working capital facility, net (1,704) (6,886)
Payments of financing lease obligations, net (106) (48)
Net cash used in financing activities (24,115) (43,141)
Effect of foreign exchange rates on cash (11,767) (4,806)
Net change in cash and cash equivalents, and restricted cash (31,429) (19,848)
Cash and cash equivalents, and restricted cash at the beginning of the period 114,764 120,213
Cash and cash equivalents, and restricted cash at the end of the period 83,335 100,365
Supplemental disclosures of cash flow information:    
Interest paid 19,088 14,065
Income taxes paid $ 24,222 $ 12,073