v3.8.0.1

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
Cash flows from operating activities |  |
Net loss | $ (2,773) | $ (6,773)
Adjustments to reconcile net loss including non-controlling interests to net cash provided by operating activities: |  |
Depreciation and amortization of property and equipment | 20,606 | 14,985
Amortization of intangible assets | 727 | 911
Impairment loss and loss on disposal of fixed assets | 70 | 9
Stock-based compensation | 3,126 | 3,044
Change in deferred income taxes | 0 | 121
Other | 0 | 2
Changes in operating assets and liabilities: |  |
Accounts receivable | (3,799) | 14,844
Prepaid expenses and other assets | 551 | (301)
Accounts payable | 706 | (2,434)
Accrued expenses and other liabilities | 1,014 | (1,132)
Deferred revenue | (2,958) | 2,256
Net cash provided by operating activities | 17,270 | 25,532
Cash flows from investing activities |  |
Purchases of property and equipment | (21,117) | (17,491)
Increase in restricted cash | (512) | 0
Payments for asset acquisition | 0 | (1,150)
Net cash used in investing activities | (21,629) | (18,641)
Cash flows from financing activities |  |
Principal payments on credit facility | (219) | (5,438)
Proceeds from exercise of stock options | 4,228 | 439
Payments of capital leases and notes payable | (1,450) | (844)
Payments of withholding tax on net issuance of restricted stock units | (6,340) | (1,562)
Net cash used in financing activities | (3,781) | (7,405)
Effect of exchange rates on cash | 7 | 7
Net decrease in cash and cash equivalents | (8,133) | (507)
Cash and cash equivalents at beginning of period | 26,685 | 19,485
Cash and cash equivalents at end of period | 18,552 | 18,978
Supplemental disclosure of non-cash investing and financing activities |  |
Property and equipment costs in accounts payable, accrued expenses and other liabilities | 20,377 | 13,797
Purchase of equipment and prepaid maintenance services under capital financing arrangements | 1,930 | 574
Capitalized stock-based compensation included in property and equipment costs | 186 | 194
Non-controlling interest distributions declared but unpaid | $ 0 | $ 125

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