| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||
Net earnings | ||||||||||||||||||||
50,100 | 12,900 | 24,700 | 45,200 | 26,000 | 42,800 | 43,000 | 40,000 | 42,700 | 147,200 | 43,900 | 29,200 | 33,900 | 34,300 | 32,400 | 33,200 | 33,100 | 30,100 | 30,000 | 7,800 | 14,500 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
57,700 | 62,200 | 59,600 | 57,500 | 56,900 | 58,000 | 54,000 | 53,600 | 51,400 | 52,300 | 51,300 | 50,100 | 52,800 | 54,100 | 56,800 | 49,200 | 48,200 | 50,900 | 48,700 | 48,800 | 45,900 |
Amortization of debt issuance costs, bond premium and original issue discount | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -500 |
Amortization of debt issuance costs and original issue discount | ||||||||||||||||||||
700 | - | 700 | 700 | 700 | - | 700 | 700 | 900 | - | 1,300 | 500 | 700 | - | 600 | 700 | 700 | - | - | - | - |
Loss on extinguishment of debt, net | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | -12,200 | -400 | 0 | 0 | 0 | 0 | - | - | - | - |
Deferred income taxes, net | ||||||||||||||||||||
1,100 | -9,600 | 4,900 | -2,000 | 3,000 | -9,100 | -2,000 | -1,400 | 5,000 | -83,200 | 300 | 4,500 | 0 | -500 | 1,800 | 2,100 | -200 | 6,100 | 5,500 | 200 | 0 |
Equity in (earnings) losses of unconsolidated affiliates, net of tax | ||||||||||||||||||||
5,600 | -36,100 | -24,500 | -100 | -13,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Equity-based compensation | ||||||||||||||||||||
10,700 | 11,000 | 14,400 | 12,100 | 13,300 | 17,500 | 13,500 | 12,200 | 7,700 | 4,700 | 4,100 | 4,900 | 5,200 | 2,900 | 3,400 | 3,400 | 2,700 | 1,000 | 900 | 7,700 | 1,800 |
Changes in assets and liabilities, net of acquired assets and liabilities: | ||||||||||||||||||||
Trade and other receivables, including receivables from related parties | ||||||||||||||||||||
1,400 | -15,300 | 8,600 | 2,400 | -3,100 | -5,800 | 5,600 | -11,600 | -32,700 | 32,600 | 3,600 | 12,400 | 3,900 | -16,700 | 17,200 | 1,900 | 4,000 | -12,300 | 8,600 | 3,700 | 20,900 |
Prepaid expenses and other assets | ||||||||||||||||||||
5,300 | 2,700 | -12,300 | 10,600 | -100 | 8,900 | -12,300 | 38,500 | 6,400 | 1,400 | -18,200 | 5,700 | 9,400 | 4,200 | -9,500 | 4,600 | 11,900 | -3,900 | 1,800 | 800 | 7,700 |
Deferred contract costs | ||||||||||||||||||||
12,800 | 12,100 | 7,900 | 12,900 | 8,000 | 9,700 | 11,600 | 11,700 | 11,800 | 12,900 | 10,000 | 13,200 | 12,400 | 10,800 | 12,500 | 15,200 | 13,400 | 11,100 | 62,000 | -4,800 | -13,400 |
Deferred contract costs | ||||||||||||||||||||
-400 | 400 | -4,700 | -10,300 | -1,000 | -2,300 | -2,600 | -2,600 | 1,100 | 8,000 | 13,900 | 5,200 | 8,500 | 10,400 | 12,800 | -600 | 3,600 | 2,100 | 58,800 | -15,500 | -12,800 |
Trade accounts payable and other liabilities | ||||||||||||||||||||
-34,300 | 42,600 | -26,600 | -13,400 | -43,300 | 35,200 | -6,300 | 41,400 | -24,400 | 28,200 | -3,000 | -800 | -26,900 | 11,600 | 500 | -1,800 | -900 | -6,700 | 21,300 | -14,500 | -7,800 |
Net cash provided by operating activities | ||||||||||||||||||||
60,500 | 156,900 | 93,300 | 64,000 | 64,100 | 130,100 | 95,400 | 111,100 | 98,900 | 111,300 | 116,400 | 74,500 | 48,900 | 115,200 | 88,100 | 64,500 | 57,900 | 89,300 | 93,300 | 39,700 | 25,900 |
Cash flows from investing activities: | ||||||||||||||||||||
Additions to property and equipment | ||||||||||||||||||||
3,500 | 11,100 | 6,500 | 1,000 | 3,800 | 9,900 | 5,600 | 4,400 | 10,100 | 22,100 | 1,300 | 300 | 3,700 | 14,100 | 6,600 | 10,600 | 6,800 | 10,300 | 8,500 | 14,600 | 12,200 |
Additions to computer software | ||||||||||||||||||||
18,200 | 24,300 | 16,600 | 21,700 | 18,900 | 19,500 | 16,100 | 22,900 | 14,600 | 16,200 | 10,600 | 14,000 | 12,500 | 10,000 | 9,800 | 12,300 | 9,800 | 10,900 | 12,100 | 14,000 | 13,100 |
Business acquisition, net of cash acquired | ||||||||||||||||||||
50,400 | 0 | 52,800 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investments in unconsolidated affiliate | ||||||||||||||||||||
0 | - | 17,600 | 0 | 375,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investments in unconsolidated affiliate | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 6,800 |
Asset acquisition | ||||||||||||||||||||
15,000 | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||
-87,100 | -37,100 | -93,500 | -22,700 | -397,700 | -64,400 | -21,700 | -33,300 | -24,700 | -38,300 | -15,900 | -14,300 | -16,200 | -24,100 | -16,400 | -173,100 | -16,600 | -21,200 | -20,600 | -28,600 | -32,100 |
Cash flows from financing activities: | ||||||||||||||||||||
Revolver borrowings | ||||||||||||||||||||
246,600 | 33,200 | 231,000 | 69,400 | 542,400 | 153,700 | 41,700 | 294,500 | 187,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Revolver payments | ||||||||||||||||||||
140,600 | 139,500 | 218,200 | 92,400 | 198,400 | 208,200 | 101,200 | 234,500 | 105,500 | - | - | - | - | - | - | - | - | - | - | - | - |
Term loan borrowings | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -100,000 | 0 | 400,000 | 0 | - | - | - | - | - | - | - | - |
Term loan payments | ||||||||||||||||||||
7,800 | 7,900 | 7,800 | 7,800 | 7,800 | 7,800 | 7,800 | 389,000 | 13,900 | 13,900 | 13,900 | 1,000 | 11,000 | 11,000 | 41,000 | 36,000 | 61,000 | 11,000 | 11,000 | 1,707,800 | 16,100 |
Finance lease payments | ||||||||||||||||||||
2,300 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of treasury stock | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 141,500 | 90,100 | 0 | 46,600 | 0 | - | - | - | - | - | - | - | - |
Distributions to members | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 37,000 | 300 | 38,000 | 100 | 0 | 500 | 48,000 | 100 | 0 | 17,300 | 0 |
Finance lease payments | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 2,200 | 2,600 | 4,700 | 4,300 | 5,000 | 0 | 0 | 0 | - | - | - | - |
Tax withholding payments for restricted share vesting | ||||||||||||||||||||
18,200 | 0 | 3,700 | 1,300 | 10,900 | 1,800 | 900 | 100 | 6,600 | 1,800 | 0 | 200 | 4,100 | 0 | 0 | 0 | 0 | - | - | - | - |
Debt issuance costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 100 | 6,800 | 1,700 | 0 | 0 | 0 | 0 | - | - | - | - |
Net cash provided by financing activities | ||||||||||||||||||||
77,700 | -114,200 | 700 | -44,000 | 325,300 | -62,300 | -68,200 | -76,300 | -80,500 | -203,000 | -53,600 | -68,400 | -59,100 | -16,100 | -41,000 | 18,500 | -109,000 | -11,100 | -13,300 | 18,900 | -16,100 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||||||||||
51,100 | 5,600 | 500 | -2,700 | -8,300 | 3,400 | 5,500 | 1,500 | -6,300 | -130,000 | 46,900 | -8,200 | -26,400 | 75,000 | 30,700 | -90,100 | -67,700 | 57,000 | 59,400 | 30,000 | -22,300 |
Supplemental cash flow information: | ||||||||||||||||||||
Interest paid, net | ||||||||||||||||||||
13,900 | - | 15,900 | 15,800 | 13,600 | - | 11,700 | 12,600 | 11,900 | - | 12,600 | 23,200 | 9,400 | 20,600 | 9,500 | 20,700 | 9,400 | 20,300 | 11,000 | 34,900 | 23,000 |
Income taxes (paid) refunded, net | ||||||||||||||||||||
400 | - | 14,200 | 28,700 | -1,000 | - | 11,600 | 9,500 | 500 | - | 1,700 | 12,000 | -100 | 5,900 | 3,800 | 11,100 | 1,100 | -300 | 300 | 0 | -200 |