| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||||||||
Net (loss) income | ||||||||||||||||
-646,600 | -50,000 | -71,800 | -31,200 | -36,700 | -25,100 | 105,200 | 103,500 | 91,600 | 81,800 | 17,467 | 16,694 | 22,324 | 22,200 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||
Stock-based compensation expense | ||||||||||||||||
7,700 | 7,700 | 7,700 | 7,700 | 6,500 | 6,100 | 5,200 | 4,000 | 3,200 | 2,600 | 2,478 | 2,503 | 2,807 | 3,000 | 0 | 0 | 0 |
Provision for doubtful accounts | ||||||||||||||||
600 | 600 | 700 | 600 | 500 | 500 | 600 | 700 | 600 | 500 | 441 | 523 | 637 | 700 | 0 | 0 | 0 |
Depreciation and amortization | ||||||||||||||||
51,600 | 52,000 | 51,900 | 50,400 | 48,600 | 46,800 | 45,100 | 44,600 | 44,000 | 43,200 | 42,473 | 41,526 | 40,657 | 40,000 | 0 | 0 | 0 |
Goodwill impairment charges | ||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Intangible asset impairment charges | ||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Non-cash operating lease expense | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of deferred financing fees and debt discount | ||||||||||||||||
1,500 | 1,400 | 1,400 | 1,400 | 1,700 | 1,700 | 1,800 | 1,800 | 4,000 | 4,600 | 0 | 0 | 0 | - | - | - | 0 |
Unrealized gain on interest rate swap and floor | ||||||||||||||||
- | - | - | - | - | 800 | 1,200 | 1,500 | 1,500 | 1,400 | 1,551 | 1,610 | 1,486 | 700 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||
-68,600 | -15,400 | -30,100 | -20,900 | -30,000 | -24,800 | -57,700 | -50,500 | -53,600 | -39,900 | 3,654 | 3,011 | 6,206 | 10,400 | 0 | 0 | 0 |
Remeasurement of contingent consideration | ||||||||||||||||
- | - | - | - | - | 500 | 800 | 800 | 800 | 300 | -139 | -139 | -139 | -200 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of effect of businesses acquired: | ||||||||||||||||
Trade and other receivables | ||||||||||||||||
-34,000 | -3,400 | -10,500 | -4,900 | -10,700 | -1,000 | -14,500 | 5,000 | 14,600 | 700 | 18,589 | 12,327 | 7,232 | 10,600 | 0 | 0 | 0 |
Prepaid expenses | ||||||||||||||||
-4,000 | 4,200 | -2,700 | -3,700 | -4,900 | -3,700 | -300 | -2,200 | -1,000 | -4,500 | -5,829 | -4,602 | -2,184 | 1,700 | 0 | 0 | 0 |
Other noncurrent assets | ||||||||||||||||
1,300 | -100 | -100 | 300 | 100 | 0 | 400 | 400 | 500 | -100 | 0 | 0 | 0 | - | - | - | - |
Accounts payable and other current liabilities | ||||||||||||||||
800 | -7,100 | 7,600 | 2,800 | 1,300 | 4,400 | -9,800 | -4,700 | -1,400 | 3,300 | 11,559 | 5,911 | 2,363 | 2,400 | 0 | 0 | 0 |
Cancelled event liabilities | ||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income tax payable | ||||||||||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 10,900 | - | 0 | 0 | 0 | - | - | - | - |
Deferred revenues | ||||||||||||||||
-89,200 | -6,400 | -21,400 | -30,200 | -18,000 | -12,300 | 900 | 5,700 | 12,700 | 5,400 | 9,261 | 7,833 | 14,820 | 18,400 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other noncurrent liabilities | ||||||||||||||||
- | -400 | -400 | 100 | 200 | -2,100 | 2,000 | 2,000 | 2,400 | 3,500 | -168 | -310 | -306 | 400 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||||||
65,000 | 67,800 | 87,000 | 89,500 | 94,900 | 103,900 | 110,200 | 106,800 | 102,600 | 110,800 | 85,099 | 81,429 | 91,873 | 93,000 | 0 | 0 | 0 |
Acquisition of businesses | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 92,500 | 0 | 0 | 0 | - | - | - | - |
Purchases of property and equipment | ||||||||||||||||
1,900 | 1,600 | 1,100 | 700 | 700 | 800 | 1,200 | 1,200 | 1,000 | 900 | 1,327 | 2,354 | 2,472 | 2,400 | 0 | 0 | 0 |
Purchases of intangible assets | ||||||||||||||||
2,800 | 2,300 | 1,000 | 1,000 | 2,600 | 2,700 | 4,300 | 3,900 | 2,200 | 2,100 | 547 | 616 | 791 | 1,000 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||||||||||
-17,500 | -16,700 | -45,500 | -72,900 | -74,500 | -74,700 | -70,300 | -42,100 | -56,600 | -95,500 | -89,390 | -106,970 | -90,863 | -51,900 | 0 | 0 | 0 |
Payment of deferred consideration for acquisition of businesses | ||||||||||||||||
-500 | 0 | 1,000 | 1,000 | 1,000 | 0 | 4,300 | 4,300 | 11,300 | 12,600 | 8,370 | 8,370 | 1,370 | 4,600 | 0 | 0 | 0 |
Proceeds from borrowings on revolving credit facility | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | 43,000 | 0 | 0 | 0 | - | - | - | - |
Repayment of revolving credit facility | ||||||||||||||||
36,000 | 46,000 | 50,000 | 45,000 | 25,000 | 10,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repayment of principal on term loan | ||||||||||||||||
5,700 | 5,700 | 5,700 | 5,700 | 25,700 | 25,700 | 25,600 | 25,600 | 163,400 | 164,200 | 165,075 | 165,250 | 37,625 | 37,000 | 0 | 0 | 0 |
Cash dividends paid | ||||||||||||||||
21,500 | 21,300 | 21,300 | 21,200 | 21,100 | 21,000 | 20,800 | 20,600 | 20,300 | 15,200 | 0 | 0 | 0 | - | - | - | - |
Repurchase of common stock | ||||||||||||||||
8,300 | 8,300 | 23,800 | 20,000 | 19,500 | 19,400 | 0 | 0 | 0 | - | - | - | - | 0 | 0 | 0 | 0 |
Proceeds from exercise of stock options | ||||||||||||||||
- | - | - | - | - | - | - | 0 | 7,800 | - | 0 | 0 | 0 | - | - | - | - |
Proceeds from issuance of common stock under equity plans | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | 100 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||||||
-8,400 | -62,000 | -41,700 | -38,700 | -36,500 | -19,600 | -40,100 | -40,100 | -34,800 | -19,300 | -17,065 | -12,140 | -24,915 | -42,500 | 0 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||||||
39,100 | -10,900 | -200 | -22,100 | -16,100 | 9,600 | -200 | 24,600 | 11,200 | -4,000 | -21,356 | -37,681 | -23,905 | -1,400 | 0 | 0 | 0 |
Supplemental schedule of non-cash investing and financing activities | ||||||||||||||||
Contingent consideration related to acquisitions | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - |