XML 16 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Cash flows from operating activities          
Net income (loss) $ (17,569) $ 30,529 $ (52,541) $ 9,001  
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Provision for doubtful accounts     11,018    
Depreciation and amortization     18,414 16,898  
Write-off and amortization of debt issuance costs     1,682 1,877  
Share-based compensation expense     2,253 1,254  
Gain on disposal of property and equipment     (23)    
Intangibles impairment   0 5,248 0  
Write-off of investment in DreamPlay, LLC 7,000   7,000    
Goodwill impairment 8,288 0 8,288 0  
Gain on extinguishment of convertible senior notes     (114) (69)  
Deferred income taxes     (1) (29)  
Changes in operating assets and liabilities, net of acquisitions:          
Accounts receivable     (61,522) (108,870)  
Inventory     (4,709) (14,520)  
Income taxes receivable     (566) 573  
Prepaid expenses and other assets     458 4,428  
Accounts payable     47,518 61,832  
Accrued expenses     16,279 5,946  
Reserve for sales returns and allowances     (3,449) (888)  
Income taxes payable     (1,053) 1,850  
Other liabilities     (382) 55  
Total adjustments     46,339 (29,663)  
Net cash used in operating activities     (6,202) (20,662)  
Cash flows from investing activities          
Purchases of property and equipment     (10,464) (11,239)  
Proceeds from sale of property and equipment     24    
Change in other assets       (200)  
Net cash used in investing activities     (10,440) (11,439)  
Cash flows from financing activities          
Repurchase of common stock       (13,505)  
Repurchase of common stock for employee tax withholding     (12) (844)  
Repayment of credit facility borrowings     (8,000)    
Repurchase of convertible senior notes     (35,614) (2,626)  
Proceeds from issuance of common stock     19,311    
Net cash used in financing activities     (24,315) (16,975)  
Net decrease in cash, cash equivalents, and restricted cash     (40,957) (49,076)  
Effect of foreign currency translation     3,704 (5,290)  
Cash, cash equivalents, and restricted cash, beginning of period     86,064 102,528 $ 102,528
Cash, cash equivalents, and restricted cash, end of period $ 48,811 $ 48,162 48,811 48,162 $ 86,064
Cash paid during the period for:          
Income taxes     1,669 203  
Interest     $ 5,727 $ 7,010