XML 43 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (18,469,000) $ (5,841,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 23,603,000 20,430,000
Noncash compensation 734,000 586,000
Deferred income tax benefit (9,597,000) (1,735,000)
Other 752,000 282,000
Change in current assets and liabilities:    
Decrease in accounts receivable (20,286,000) (18,811,000)
Decrease in prepaid expenses and other assets (1,044,000) (1,117,000)
Decrease in accounts payable (4,381,000) (474,000)
Decrease in accrued liabilities (1,003,000) (802,000)
(Decrease) increase in deferred revenue (261,000) 228,000
Net cash provided by operating activities 12,708,000 32,602,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash acquired from merger 12,382,000  
Capital expenditures, net of noncash capital expenditures summarized below (4,083,000) (10,109,000)
Proceeds from maturity of short-term investments 15,500,000 15,000,000
Acquisition of short-term investments (6,250,000) (15,750,000)
Proceeds from disposal of assets 696,000 226,000
Net cash provided by (used in) investing activities 18,245,000 (10,633,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from promissory note 5,144,000  
Principal payments on notes payable (11,829,000) (6,782,000)
Principal payments on capital lease obligations (797,000) (476,000)
Excess tax benefit from share-based payment arrangement (567,000)  
Tax withholdings related to stock based compensation awards (248,000)  
Dividends paid   (1,290,000)
Net cash used in financing activities (8,297,000) (8,548,000)
Effect of exchange rate changes in cash and cash equivalents (25,000) (104,000)
Net increase in cash and cash equivalents 22,631,000 13,317,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 14,644,000 11,860,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 37,275,000 25,177,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 337,000 313,000
Cash paid for income taxes 585,000 735,000
Cash received for income taxes 518,000  
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Increase (decrease) in accrued purchases of property and equipment 16,000 (2,046,000)
Capital lease obligations incurred $ 126,000 $ 485,000