| Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | |
|---|---|---|---|---|---|---|
Operating activities: | ||||||
Net Income (Loss) Attributable to Parent | ||||||
14,886 | 6,331 | 9,187 | 3,072 | -22,815 | -18,296 | |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Provision for accounts receivable allowances | ||||||
23,186 | 20,674 | 14,784 | 17,055 | 20,392 | 18,286 | |
Depreciation and amortization | ||||||
95,421 | 75,713 | 73,100 | 71,643 | 66,695 | 63,353 | |
Amortization original issue discount and financing costs | ||||||
2,213 | 1,921 | 1,837 | 8,040 | 7,101 | - | |
Amortization and write-off of original issue discount and initial purchasers discount | ||||||
- | - | - | - | - | 2,946 | |
Amortization and write-off of financing costs | ||||||
- | - | - | - | 10,523 | 2,851 | |
Stock-based compensation expense | ||||||
7,607 | 8,441 | 17,072 | 5,238 | 895 | 273 | |
Deferred income taxes | ||||||
-11,964 | -22,545 | 4,359 | 356 | - | - | |
Gain from company owned life insurance policy | ||||||
0 | 501 | 0 | 0 | - | - | |
Gain on changes in derivative fair value | ||||||
- | - | - | - | 33 | 0 | |
Loss on disposal of assets | ||||||
-2,212 | -678 | -789 | -675 | -385 | -165 | |
Deferred income taxes | ||||||
- | - | - | - | -13,266 | -12,212 | |
Gain from derivatives | ||||||
329 | 0 | 0 | - | - | - | |
Goodwill and intangible asset impairment | ||||||
0 | 31,002 | 10,251 | 10,660 | 3,605 | 6,344 | |
Net change in fair value of contingent liabilities | ||||||
0 | 194 | 405 | 575 | 0 | 0 | |
Changes in operating assets and liabilities, net of acquisitions: | ||||||
Accounts receivable | ||||||
32,312 | 35,083 | 25,156 | 21,072 | 16,817 | 9,249 | |
Other assets | ||||||
988 | -10,686 | 8,706 | 4,711 | -4,369 | -553 | |
Accounts payable | ||||||
16 | 2,608 | 6,802 | 3,037 | -4,279 | -5,930 | |
Accrued payroll and related costs | ||||||
4,231 | -716 | -3,930 | -2,164 | 18,836 | 5,330 | |
Other accrued liabilities | ||||||
326 | 2,005 | 5,028 | -8,070 | 9,079 | -2,719 | |
Other long-term liabilities | ||||||
2,166 | -4,488 | 1,300 | 6,144 | -754 | 4,043 | |
Net cash provided by operating activities | ||||||
106,671 | 96,920 | 107,122 | 90,478 | 83,916 | 55,738 | |
Investing activities: | ||||||
Acquisition of businesses, net of cash acquired | ||||||
100,129 | 82,091 | 45,196 | 38,738 | 53,699 | 9,275 | |
Acquisition of intangible assets | ||||||
1,200 | 0 | 0 | - | - | - | |
Purchases of property and equipment | ||||||
51,041 | 46,649 | 43,356 | 42,793 | 35,295 | 31,901 | |
Changes in restricted cash | ||||||
6 | -719 | 297 | -1,195 | 1,137 | -327 | |
Proceeds from company owned life insurance policy | ||||||
0 | 738 | 0 | 0 | - | - | |
Proceeds from sale of assets | ||||||
3,187 | 1,629 | 1,423 | 1,332 | 1,207 | 1,472 | |
Net Cash Provided by (Used in) Investing Activities | ||||||
-149,189 | -125,654 | -87,426 | -79,004 | -88,924 | -39,377 | |
Financing activities: | ||||||
Proceeds from long term-debt, net of original issue discount | ||||||
74,452 | 0 | 0 | 54,450 | 598,500 | 30,000 | |
Repayments of long-term debt | ||||||
7,331 | 6,554 | 6,554 | 218,416 | 587,525 | 5,525 | |
Proceeds from borrowings under senior revolver | ||||||
659,300 | 7,300 | 52,200 | 210,700 | 9,300 | 469,400 | |
Repayments of borrowings under senior revolver | ||||||
-659,300 | -7,300 | -52,200 | -210,700 | -9,300 | -488,400 | |
Repayments of capital lease obligations | ||||||
712 | 549 | 497 | 451 | 430 | 434 | |
Cash paid for earn out obligations | ||||||
0 | 6,109 | 3,565 | 0 | 0 | - | |
Dividend to NMH Investment | ||||||
- | - | - | - | 110 | 39 | |
Payments of deferred financing costs | ||||||
258 | 878 | 0 | 0 | 10,923 | 2,048 | |
Issuance of common stock under employee equity incentive plans | ||||||
- | - | - | - | 182,203 | 0 | |
Issuance of common stock under employee equity incentive plans | ||||||
0 | 764 | 142 | 0 | 0 | - | |
Tax windfall from stock-based compensation | ||||||
0 | 0 | 813 | 0 | 0 | - | |
Repurchase of common stock under stock repurchase program | ||||||
21,609 | 0 | 0 | - | - | 0 | |
Taxes paid related to net share settlements of equity awards | ||||||
1,153 | 1,326 | 1,042 | 1,514 | 0 | - | |
Net cash provided by (used in) financing activities | ||||||
43,389 | -14,652 | -10,703 | -165,931 | 181,715 | 2,954 | |
Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets | ||||||
Net increase (decrease) in cash and cash equivalents | ||||||
871 | -43,386 | 8,993 | -154,457 | 176,707 | 19,315 | |
Supplemental disclosure of cash flow information | ||||||
Cash paid for interest | ||||||
36,003 | 30,794 | 31,563 | - | - | - | |
Cash paid for interest | ||||||
- | - | - | 37,461 | 64,155 | 71,670 | |
Cash paid for call premium on redemption of senior notes | ||||||
- | - | - | 11,688 | 2,375 | 0 | |
Cash paid for income taxes | ||||||
13,469 | 17,438 | 12,641 | 1,860 | 632 | 1,665 | |
Supplemental disclosure of non-cash investing activities: | ||||||
Supplemental disclosure of non-cash activities: | ||||||
Accrued property and equipment | ||||||
3,665 | 1,036 | 810 | - | - | - | |
Fair value of contingent consideration related to acquisitions | ||||||
1,805 | 0 | 0 | 6,100 | 2,400 | - | |
Property and equipment acquired through capital leases | ||||||
7,308 | 0 | 0 | 1,454 | 966 | 919 | |
Accrued tenant reimbursements for leasehold improvements | ||||||
0 | 0 | 1,262 | - | - | - | |
Accrued tenant reimbursements for leasehold improvements | ||||||
- | - | - | 0 | 0 | - | |