v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net loss $ (5,239) $ (2,773)
Adjustments to reconcile net loss including non-controlling interests to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 19,009 20,606
Amortization of intangible assets 1,131 727
Impairment loss and loss on disposal of fixed assets and intangible assets held for sale, net 91 70
Stock-based compensation 2,344 3,126
Amortization of deferred financing costs and debt discount, net of amounts capitalized 2,256 0
Amortization of operating lease right-of-use assets 438 0
Unrealized gains and amortization of premiums/discounts for marketable securities (207) 0
Changes in operating assets and liabilities:    
Accounts receivable 4,307 (3,799)
Prepaid expenses and other assets (13) 551
Accounts payable 1,397 706
Accrued expenses and other liabilities (1,481) 1,014
Deferred revenue 439 (2,958)
Operating lease liabilities (729) 0
Net cash provided by operating activities 23,743 17,270
Cash flows from investing activities    
Purchases of marketable securities (36,665) 0
Purchases of property and equipment (32,390) (21,117)
Net cash used in investing activities (69,055) (21,117)
Cash flows from financing activities    
Debt issuance costs (1,687) 0
Proceeds from credit facility 3,500 0
Principal payments on credit facility (194) (219)
Payments of acquisition related consideration (1,952) 0
Proceeds from exercise of stock options 6 4,228
Payments of finance leases and notes payable (1,853) (1,450)
Payments of withholding tax on net issuance of restricted stock units (32,907) (6,340)
Net cash used in financing activities (35,087) (3,781)
Effect of exchange rates on cash 3 7
Net decrease in cash, cash equivalents, and restricted cash (80,396) (7,621)
Cash and cash equivalents at beginning of period 149,412 26,685
Cash, cash equivalents, and restricted cash at end of period 69,016 19,064
Supplemental disclosure of non-cash investing and financing activities    
Property and equipment costs included in accounts payable, accrued expenses and other liabilities 39,309 20,377
Purchase of equipment and prepaid maintenance services under capital financing arrangements 0 1,930
Capitalized stock-based compensation included in property and equipment costs 230 186
Purchase price for business acquisition included in accrued expenses and other liabilities 2,961 0
Debt issuance costs included in accrued expenses and other liabilities 125 0
Financed sale of intangible assets held for sale $ 311 $ 0