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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net loss $ (45,737) $ (50,741)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 41,333 39,420
Change in fair value of liabilities due to sellers of businesses (75) (3,503)
Deferred income taxes (3,291) (7,726)
Amortization of deferred costs 9,041 6,283
Foreign currency re-measurement loss 40 18
Non-cash interest and other expense 1,687 1,682
Non-cash stock compensation expense 34,023 43,421
Non-cash loss on retirement of fixed assets 26 2
Changes in operating assets and liabilities, net of purchase business combinations:    
Accounts receivable 18,187 11,748
Prepaid expenses and other current assets (5,055) (3,672)
Accounts payable (1,464) 6,647
Accrued expenses and other liabilities (11,256) (8,111)
Deferred revenue (13,321) (6,822)
Net cash provided by operating activities 24,138 28,646
Investing activities    
Purchase of property and equipment (718) (965)
Purchase business combinations, net of cash acquired (62,356) (92,417)
Net cash used in investing activities (63,074) (93,382)
Financing activities    
Payments on finance leases 0 (12)
Proceeds from notes payable, net of issuance costs (200) (120)
Payments on notes payable (4,050) (4,050)
Issuance of Series A Convertible Preferred stock, net of issuance costs 110,520 0
Taxes paid related to net share settlement of equity awards (1,159) (373)
Issuance of common stock, net of issuance costs 190 228
Additional consideration paid to sellers of businesses (8,174) (769)
Net cash provided by (used in) financing activities 97,127 (5,096)
Effect of exchange rate fluctuations on cash (5,629) (613)
Change in cash and cash equivalents 52,562 (70,445)
Cash and cash equivalents, beginning of period 189,158 250,029
Cash and cash equivalents, end of period 241,720 179,584
Supplemental disclosures of cash flow information:    
Cash paid for interest, net of interest rate swaps 21,804 22,043
Cash paid for taxes 3,163 1,772
Non-cash investing and financing activities:    
Business combination consideration including holdbacks and earnouts $ 7,820 $ 14,204