v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income $ (29,302) $ (24,199)
Depreciation and amortization 10,091 9,266
Impairment of property and equipment 1,417 0
Debt premium amortization (271) (248)
Gain on buyout of tax receivable agreement (12,372) 0
Share-based compensation 1,623 521
Deferred taxes 4,786 5,455
Change in operating assets and liabilities    
Accounts receivable (11,437) (6,823)
Inventories 2,006 (1,645)
Prepaids and other current assets 2,055 (19)
Accounts payable and accrued expenses 11,560 (4,152)
Customer trade allowances (438) (278)
Other 0 (8)
Net cash provided by operating activities 38,322 26,268
Investing activities    
Purchases of property and equipment (8,019) (4,519)
Business acquisition (23,910) 0
Proceeds from sale of assets 0 54
Acquisition of software assets (558) (446)
Net cash used in investing activities (32,487) (4,911)
Financing activities    
Repayments of long-term debt and capital lease obligation (2,526) (2,537)
Distributions to non-controlling interest (4,153) 0
Tax payments related to issuance of shares to employees (407) 0
Tax receivable agreement buyout (34,000) 0
Net cash used in financing activities (41,086) (2,537)
Net increase (decrease) in cash and cash equivalents (35,251) 18,820
Cash and cash equivalents at beginning of period 135,701 26,855
Cash and cash equivalents at end of period 100,450 45,675
Cash paid during the period for:    
Interest 9,942 14,759
Taxes paid 507 0
Supplemental disclosure of non-cash investing:    
Purchases of property and equipment funded by accounts payable $ 642 $ 3,325