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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES:        
Net income $ 6,509 $ 1,115 $ 9,933 $ 3,966
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES        
Share-based compensation     (1,650) 1,575
Amortization of intangible assets 3,002 2,554 5,809 5,197
Depreciation and amortization of property, technology, and equipment 2,036 1,810 4,034 3,693
Deferred income tax expense (benefit) (51) (1,141) 188 (1,489)
Amortization of debt issuance costs     200 255
Change in fair value of contingent consideration (1,300) (204) (1,100) (450)
Change in fair value of interest rate swap contracts 301 531 741 733
Other     1,429 916
CHANGES IN OPERATING ASSETS AND LIABILITIES:        
Accounts receivable     5,814 19,578
Contract assets     (610) (1,047)
Income tax receivable     (109) (2,473)
Prepaid expenses, deposits, and other assets     2,530 2,462
Operating lease right-of-use assets     5,552 5,866
Accounts payable     (9,323) (13,396)
Operating partner commissions payable     (3,094) (3,903)
Accrued expenses and other liabilities     1,280 (79)
Operating lease liabilities     (5,734) (5,843)
Payment of contingent consideration     0 (3,473)
Net cash provided by operating activities     15,890 12,088
INVESTING ACTIVITIES:        
Acquisitions, net of cash acquired     (15,856) (100)
Purchases of property, technology, and equipment     (3,605) (5,019)
Proceeds from sale of property, technology, and equipment     78 202
Net cash used for investing activities     (19,383) (4,917)
FINANCING ACTIVITIES:        
Proceeds from revolving credit facility     15,200 0
Repayments of revolving credit facility     (15,200) 0
Payments of debt issuance costs     0 (119)
Repayments of notes payable and finance lease liabilities     (360) (2,618)
Repurchases of common stock     (708) (3,081)
Payments of contingent consideration     (63) (250)
Distributions to non-controlling interest     (138) (345)
Proceeds from exercise of stock options     434 4
Payments of employee tax withholdings related to restricted stock units and stock options     (562) (367)
Net cash used for financing activities     (1,397) (6,776)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash     (76) 32
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH     (4,966) 427
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD     24,874 33,062
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD 19,908 33,489 19,908 33,489
RECONCILIATION OF CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:        
Cash and cash equivalents 19,908 32,883 19,908 32,883
Restricted cash 0 606 0 606
Total cash, cash equivalents, and restricted cash $ 19,908 $ 33,489 19,908 33,489
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:        
Income taxes paid     1,718 5,380
Interest paid     $ 351 $ 267