| 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) | |||||||||
23,700 | 40,600 | 44,400 | 8,315 | -24,760 | -43,224 | -15,100 | 0 | 0 | 0 |
Adjustments to reconcile net (loss) to net cash provided by operating activities: | |||||||||
Depreciation | |||||||||
78,600 | 81,000 | 80,100 | 80,509 | 77,497 | 73,528 | 75,300 | 0 | 0 | 0 |
Amortization of intangible assets | |||||||||
54,500 | 54,700 | 56,300 | 58,162 | 73,436 | 88,954 | 104,900 | 0 | 0 | 0 |
Amortization of financing costs and original issue discount | |||||||||
3,600 | 3,700 | 3,700 | 5,110 | 6,962 | 8,647 | 10,400 | 0 | 0 | 0 |
Deferred taxes | |||||||||
-6,300 | -3,400 | -2,300 | -15,523 | -11,100 | -14,568 | -63,400 | 0 | 0 | 0 |
Equity-based compensation | |||||||||
17,300 | 18,000 | 15,700 | 19,873 | 34,498 | 33,174 | 28,800 | 0 | 0 | 0 |
Hedge ineffectiveness and realized loss | |||||||||
- | - | - | - | - | - | -9,800 | 0 | 0 | 0 |
Provision for doubtful accounts | |||||||||
- | - | - | - | - | - | 900 | 0 | 0 | 0 |
Other non-cash activities, net | |||||||||
2,800 | -600 | -2,700 | -4,325 | -2,334 | -2,267 | 600 | 0 | 0 | 0 |
Change in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-28,800 | 60,700 | 12,800 | -774 | 8,000 | -12,476 | -25,200 | 0 | 0 | 0 |
Unbilled and deferred revenue | |||||||||
2,800 | 4,100 | 34,800 | 17,192 | -15,865 | -2,627 | -2,600 | 0 | 0 | 0 |
Inventories | |||||||||
4,500 | 2,900 | 2,400 | 3,762 | 2,004 | 1,032 | -1,700 | 0 | 0 | 0 |
Other operating assets | |||||||||
2,100 | -5,200 | -17,100 | -14,210 | 8,228 | 984 | 16,500 | 0 | 0 | 0 |
Accounts payable and other operating liabilities | |||||||||
-12,300 | 29,700 | -2,000 | -14,437 | -16,246 | -87,124 | -9,900 | 0 | 0 | 0 |
Net cash provided by operating activities | |||||||||
190,700 | 170,600 | 169,700 | 165,953 | 165,879 | 104,282 | 180,400 | 0 | 0 | 0 |
Cash flows from investing activities: | |||||||||
Purchase of property and equipment | |||||||||
82,400 | 87,100 | 89,900 | 91,882 | 84,905 | 73,912 | 86,400 | 0 | 0 | 0 |
Proceeds from sale of property and equipment | |||||||||
6,500 | 6,000 | 6,800 | 14,814 | 13,523 | 13,146 | 12,000 | 0 | 0 | 0 |
Business acquisitions, net of cash acquired | |||||||||
101,800 | 80,500 | 64,000 | 59,476 | 108,957 | 103,064 | 104,400 | 0 | 0 | 0 |
Other investing activities, net | |||||||||
- | - | -1,600 | -1,250 | -1,066 | -32 | 500 | 0 | 0 | 0 |
Net cash used in investing activities | |||||||||
-176,700 | -160,200 | -145,500 | -135,294 | -179,273 | -163,798 | -179,300 | 0 | 0 | 0 |
Cash flows from financing activities: | |||||||||
Repayments of finance lease obligations | |||||||||
6,200 | 5,800 | 5,800 | 5,599 | 5,918 | 6,588 | 6,300 | 0 | 0 | 0 |
Repayments of term loan | |||||||||
140,400 | 150,400 | 143,000 | 1,723,150 | 1,624,233 | 1,660,257 | 1,662,600 | 0 | 0 | 0 |
Proceeds from receivables financing agreement | |||||||||
0 | 0 | - | - | - | - | 115,000 | 0 | 0 | 0 |
Proceeds from issuance of common stock, net of share issuance costs | |||||||||
- | - | - | - | - | - | 501,200 | 0 | 0 | 0 |
Repurchase of common stock and distributions | |||||||||
- | - | - | - | - | - | 2,900 | 0 | 0 | 0 |
Other financing activities, net | |||||||||
0 | 0 | - | - | - | - | - | - | - | - |
Net cash provided (used) in financing activities | |||||||||
62,800 | -17,800 | -20,300 | -36,191 | 15,025 | 3,728 | 21,300 | 0 | 0 | 0 |
Net change in cash and cash equivalents | |||||||||
76,800 | -7,400 | 3,900 | -5,532 | 1,631 | -55,788 | 22,400 | 0 | 0 | 0 |