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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (35,169) $ 20,288
Adjustments to reconcile net (loss) income to cash flows provided by operating activities:    
Depreciation and amortization of property and equipment 12,754 8,824
Amortization of intangible assets 45,352 36,829
Amortization of debt issuance costs 4,915 268
Stock-based compensation 10,167 8,154
Deferred income taxes (2,455) 4,559
Reduction in deferred purchase consideration (69) (8,124)
Foreign currency exchange losses 3,162 1,042
Changes in operating assets and liabilities:    
Accounts receivable 42,489 25,598
Inventory 6,285 8,387
Other operating assets 36,416 (20,510)
Accounts payable (54,489) (20,260)
Accrued expenses and other long-term liabilities 10,143 (21,535)
Deferred revenue (14,253) (20,889)
Net cash provided by operating activities 65,248 22,631
Cash flows from investing activities:    
Purchases of property and equipment (18,685) (8,594)
Business acquisitions, net of cash acquired (346,852) 0
Maturities of marketable securities 0 7,295
Proceeds from the sale of fixed assets 43,500 0
Net cash used in investing activities (322,037) (1,299)
Cash flows from financing activities:    
Borrowings under revolving line of credit 615 109,000
Principal payments on revolving line of credit (8,615) (130,000)
Proceeds from issuance of term debt 478,500 50,000
Principal payment of debt, related party 0 (24,716)
Principal payments of long-term debt (131,279) (625)
Payment of deferred purchase consideration 0 (21,876)
Principal payments of finance leases (971) (698)
Payment of debt issuance costs (14,065) (891)
Proceeds from the sale of common stock in connection with employee stock purchase plan 0 506
Proceeds from the exercise of stock options 29 233
Payment of tax withholding obligations related to net share settlements of restricted stock awards (1,196) (1,082)
Repurchase of common stock 0 (4,536)
Net cash provided by (used in) financing activities 323,018 (24,685)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 24 56
Net increase (decrease) in cash, cash equivalents and restricted cash 66,253 (3,297)
Cash and cash equivalents, beginning of year 44,643 43,694
Cash, cash equivalents and restricted cash, end of period 110,896 40,397
Supplemental disclosure of cash flow information:    
Interest paid 10,845 3,649
Income taxes paid 6,652 3,527
Income tax refunds received 196 291
Supplemental disclosure of non-cash investing activities:    
Capital expenditures incurred, but not yet paid 4,111 560
Property and equipment acquired under finance leases 0 150
Acquisition purchase consideration - deferred payments 1,630 1,700
Common stock issued as purchase consideration 108,550 15,186
Supplemental disclosure of non-cash financing activities:    
Total fair value of restricted stock awards, restricted stock units and performance-based stock units $ 5,551 $ 6,765