| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net (loss) | |||||||||
-20,500 | -12,600 | 25,124 | 31,676 | -3,600 | -8,800 | -10,961 | -1,399 | -22,064 | 19,324 |
Adjustments to reconcile net (loss) to net cash provided by operating activities: | |||||||||
Depreciation | |||||||||
19,300 | 20,200 | 18,249 | 20,851 | 21,700 | 19,300 | 18,658 | 17,839 | 17,731 | 21,072 |
Amortization of intangible assets | |||||||||
13,600 | 13,500 | 13,427 | 13,973 | 13,800 | 15,100 | 15,289 | 29,247 | 29,318 | 31,046 |
Amortization of financing costs and original issue discount | |||||||||
900 | 900 | 910 | 890 | 1,000 | 900 | 2,320 | 2,742 | 2,685 | 2,653 |
Deferred taxes | |||||||||
-6,700 | -4,900 | 7,660 | -2,360 | -3,800 | -3,800 | -5,563 | 2,063 | -7,268 | -52,632 |
Equity-based compensation | |||||||||
4,900 | 8,200 | 3,874 | 326 | 5,600 | 5,900 | 8,047 | 14,951 | 4,276 | 1,526 |
Hedge ineffectiveness and realized loss | |||||||||
- | - | - | - | - | - | -2,462 | -2,515 | -3,328 | -1,495 |
Provision for doubtful accounts | |||||||||
- | - | - | - | - | - | -237 | 453 | 454 | 230 |
Other non-cash activities, net | |||||||||
4,000 | 2,300 | -56 | -3,444 | 600 | 200 | -1,681 | -1,453 | 667 | 3,067 |
Change in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-37,700 | 29,600 | -13,223 | -7,477 | 51,800 | -18,300 | -26,797 | 1,297 | 31,324 | -31,024 |
Unbilled and deferred revenue | |||||||||
-23,600 | -40,300 | 19,227 | 47,473 | -22,300 | -9,600 | 1,619 | 14,416 | -9,062 | -9,573 |
Inventories | |||||||||
1,200 | 1,700 | 1,228 | 372 | -400 | 1,200 | 2,590 | -1,386 | -1,372 | -1,532 |
Other operating assets | |||||||||
3,000 | 12,400 | 2,537 | -15,837 | -4,300 | 500 | 5,427 | 6,601 | -11,544 | 16,016 |
Accounts payable and other operating liabilities | |||||||||
5,800 | -16,900 | -1,408 | 208 | 47,800 | -48,600 | -13,845 | -1,601 | -23,078 | 28,624 |
Net cash provided by operating activities | |||||||||
78,400 | 7,300 | 60,497 | 44,503 | 58,300 | 6,400 | 56,750 | 44,429 | -3,297 | 82,518 |
Cash flows from investing activities: | |||||||||
Purchase of property and equipment | |||||||||
20,600 | 14,500 | 12,675 | 34,625 | 25,300 | 17,300 | 14,657 | 27,648 | 14,307 | 29,788 |
Proceeds from sale of property and equipment | |||||||||
1,700 | 1,000 | 40 | 3,760 | 1,200 | 1,800 | 8,054 | 2,469 | 823 | 654 |
Business acquisitions, net of cash acquired | |||||||||
68,700 | 18,400 | 4,547 | 10,153 | 47,400 | 1,900 | 23 | 59,634 | 41,507 | 3,236 |
Other investing activities, net | |||||||||
- | - | -253 | -147 | -1,000 | -200 | 97 | 37 | 34 | 332 |
Net cash used in investing activities | |||||||||
-87,000 | -31,900 | -16,929 | -40,871 | -70,500 | -17,200 | -6,723 | -84,850 | -55,025 | -32,702 |
Cash flows from financing activities: | |||||||||
Repayments of finance lease obligations | |||||||||
1,700 | 1,500 | 1,715 | 1,285 | 1,300 | 1,500 | 1,514 | 1,604 | 1,970 | 1,212 |
Repayments of term loan | |||||||||
-7,400 | 12,600 | 17,630 | 117,570 | 2,600 | 5,200 | 1,597,780 | 18,653 | 38,624 | 7,543 |
Proceeds from receivables financing agreement | |||||||||
70,000 | 10,000 | - | - | - | - | 45,000 | 15,000 | 35,000 | 20,000 |
Proceeds from issuance of common stock, net of share issuance costs | |||||||||
- | - | - | - | - | - | 501,101 | 0 | 0 | 99 |
Repurchase of common stock and distributions | |||||||||
- | - | - | - | - | - | -16 | 2,441 | 3 | 472 |
Other financing activities, net | |||||||||
500 | -100 | - | - | - | - | - | - | - | - |
Net cash provided (used) in financing activities | |||||||||
86,300 | -4,200 | -15,386 | -3,914 | 5,700 | -6,700 | -31,277 | 47,302 | -5,597 | 10,872 |
Net change in cash and cash equivalents | |||||||||
77,700 | -28,800 | 28,182 | -282 | -6,500 | -17,500 | 18,750 | 6,881 | -63,919 | 60,688 |