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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 82,366 $ 54,069
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 57,054 50,452
Amortization of contract acquisition costs 332 751
Amortization of debt issuance costs 549 909
Imputed interest expense and fair value adjustments to contingent consideration 1,949 207
Provision for credit losses 563  
(Gain) loss on disposal of assets 77 182
Loss on dissolution of subsidiary 19,905  
Impairment losses 1,644 3,569
Deferred income taxes (1,153) (1,354)
Excess tax benefit from equity-based awards (708) (1,242)
Equity-based compensation expense 9,471 9,663
(Gain) loss on foreign currency derivatives (25) (155)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (5,450) 36,705
Prepaids and other assets 14,333 21,425
Accounts payable and accrued expenses 70,441 83,986
Deferred revenue and other liabilities (64,564) (74,770)
Net cash provided by operating activities 186,784 184,397
Cash flows from investing activities    
Proceeds from sale of long-live assets 16 355
Purchases of property, plant and equipment (47,827) (44,438)
Acquisitions, net of cash acquired of $3,123 and zero, respectively (38,739)  
Net cash used in investing activities (86,550) (44,083)
Cash flows from financing activities    
Net proceeds (borrowings) from line of credit 35,000 (83,000)
Payments on other debt (6,602) (9,367)
Payments of contingent consideration and hold back payments to acquisitions (48,686) (5,902)
Dividends paid to shareholders (15,843) (13,864)
Payments to noncontrolling interest (8,268) (3,600)
Capital contribution from noncontrolling interest   3,362
Tax payments related to issuance of restricted stock units (4,456) (5,413)
Payments of debt issuance costs (35) (1,819)
Net cash (used in) provided by financing activities (48,890) (119,603)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (104) (3,151)
Increase (decrease) in cash, cash equivalents and restricted cash 51,240 17,560
Cash, cash equivalents and restricted cash, beginning of period 105,591 78,237
Cash, cash equivalents and restricted cash, end of period 156,831 95,797
Supplemental disclosures    
Cash paid for interest 8,436 9,901
Cash paid for income taxes 33,793 25,076
Non-cash investing and financing activities    
Acquisition of long lived assets through finance leases 1,814 3,172
Acquisition of equipment through increase in accounts payable, net (2,515) (493)
Dividends declared but not paid $ 18,694 $ 14,875