| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net loss | ||||||||
-17,917 | -23,366 | -39,477 | -58,350 | -102,844 | -98,850 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Depreciation and amortization | ||||||||
90,738 | 92,059 | 94,288 | 91,972 | 90,042 | 87,184 | 0 | 0 | 0 |
Amortization of deferred financing costs | ||||||||
2,676 | 2,680 | 2,678 | 2,777 | 8,353 | 8,528 | 0 | 0 | 0 |
Change in fair value of contingent consideration | ||||||||
388 | 2,384 | 0 | 0 | 0 | - | - | - | - |
Share-based compensation expense | ||||||||
12,661 | 10,921 | 0 | 0 | 0 | - | - | - | - |
Impairment of intangible assets | ||||||||
- | 13,101 | 0 | 0 | 0 | - | - | - | - |
Accrued interest expense | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Deferred taxes, net | ||||||||
-13,471 | -9,182 | -10,162 | 17,673 | -4,109 | -1,778 | 0 | 0 | 0 |
Other | ||||||||
669 | 681 | -7,691 | 523 | 959 | 595 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of effect of acquisitions: | ||||||||
Accounts receivable, net | ||||||||
-709 | 1,719 | 5,227 | 5,698 | 556 | -3,141 | 0 | 0 | 0 |
Other receivables | ||||||||
-33,393 | -27,474 | -27,183 | 6,965 | -4,525 | 1,563 | 0 | 0 | 0 |
Inventory | ||||||||
1,457 | 276 | 2,993 | -195 | 583 | -2,049 | 0 | 0 | 0 |
Other current assets | ||||||||
1,148 | 592 | 1,669 | 4,352 | 3,712 | 4,018 | 0 | 0 | 0 |
Operating lease right-of-use assets | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Other assets | ||||||||
1,757 | 1,233 | -2,229 | -1,837 | -2,371 | -2,948 | 0 | 0 | 0 |
Related parties, net | ||||||||
-1,720 | -3,797 | -4,791 | -6,185 | -3,731 | 498 | 0 | 0 | 0 |
Accounts payable | ||||||||
-37,112 | -35,962 | -34,655 | -1,236 | 6,087 | -12,426 | 0 | 0 | 0 |
Accrued expenses | ||||||||
2,588 | 641 | -20,625 | -3,742 | -5,806 | 15,509 | 0 | 0 | 0 |
Settlement processing funds, net | ||||||||
-40,803 | 59,077 | -111,420 | -61,596 | -11,550 | -137,898 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Other | ||||||||
0 | - | - | - | -44 | -76 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||
120,841 | 27,889 | 164,475 | 124,826 | 83,428 | 201,998 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||
Acquisition of businesses, net of cash acquired | ||||||||
- | 38,832 | 0 | 0 | 0 | - | - | - | - |
Purchase of equipment and improvements | ||||||||
35,472 | 36,808 | 34,427 | 36,084 | 46,664 | 48,751 | 0 | 0 | 0 |
Acquisition of intangible assets | ||||||||
8,055 | 8,013 | 5,570 | 9,736 | 19,462 | 20,704 | 0 | 0 | 0 |
Issuance of notes receivable | ||||||||
- | - | - | - | - | 37 | 0 | 0 | 0 |
Collections of notes receivable | ||||||||
490 | 1,878 | 1,841 | 1,508 | 1,507 | 120 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||
-73,707 | -76,643 | -79,519 | -85,006 | -123,859 | -125,565 | 0 | 0 | 0 |
Cash flows from financing activities: | ||||||||
Proceeds from long-term debt | ||||||||
633,655 | 583,505 | 435,106 | 454,412 | 640,556 | 774,359 | 0 | 0 | 0 |
Repayments of long-term debt | ||||||||
639,502 | 580,795 | 429,064 | 468,137 | 760,564 | 853,487 | 0 | 0 | 0 |
Deferred financing costs paid | ||||||||
- | 2 | 6 | 510 | 3,755 | 3,903 | 0 | 0 | 0 |
Contingent consideration paid | ||||||||
6,726 | 6,276 | 6,803 | 7,125 | 2,695 | 2,505 | 0 | 0 | 0 |
Deferred cash consideration paid | ||||||||
- | - | - | - | - | 65,000 | 0 | 0 | 0 |
Consideration paid for additional shares in a consolidated subsidiary | ||||||||
- | - | - | - | - | - | - | - | 0 |
Repurchases of shares to satisfy minimum tax withholding | ||||||||
2,028 | 1,819 | 0 | 0 | 0 | - | - | - | - |
Proceeds from exercise of common stock options | ||||||||
0 | - | - | - | - | - | - | - | - |
Distribution to non-controlling interests holders | ||||||||
4,355 | 9,772 | 7,934 | 8,913 | 9,493 | 7,577 | 0 | 0 | 0 |
Distribution to members | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash (used in) provided by financing activities | ||||||||
140 | 3,920 | 8,582 | 11,536 | 59,601 | 80,643 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
-11,260 | -1,774 | -17,213 | -6,161 | -18,156 | -11,521 | 0 | 0 | 0 |
Net (decrease) increase in cash and cash equivalents | ||||||||
36,014 | -46,608 | 76,325 | 45,195 | 1,014 | 145,555 | 0 | 0 | 0 |