XML 18 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 14,850 $ (45,604)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Asset impairment 237 17,391
Depreciation and amortization expense 11,771 13,899
Bad debt expense 14,769 9,138
Compensation expense related to share-based awards 1,391 1,470
Loss on sale of businesses, net   917
(Gain) loss on disposition of property and equipment (238) 3
Changes in operating assets and liabilities (36,733) (23,809)
Net cash provided by (used in) operating activities 6,047 (26,595)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investments (93,689) (33,707)
Sales of available-for-sale investments 58,330 36,051
Purchases of property and equipment (1,970) (4,994)
Proceeds on the sale of assets 3,400  
Payments of cash upon sale of businesses (62) (2,018)
Net cash used in investing activities (33,991) (4,668)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common stock 278 939
Payment on borrowings (38,000) (10,000)
Change in restricted cash 48,446 9,500
Net cash provided by financing activities 10,724 439
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS: (36) 258
NET DECREASE IN CASH AND CASH EQUIVALENTS (17,256) (30,566)
CASH AND CASH EQUIVALENTS, beginning of the period 66,919 93,832
CASH AND CASH EQUIVALENTS, end of the period $ 49,663 $ 63,266