| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||
Impairment of goodwill | ||||||||||
- | - | - | - | - | - | - | - | - | 0 | - |
Intangible asset impairment | ||||||||||
- | - | - | - | - | - | - | - | 0 | - | - |
Net income (loss) | ||||||||||
-26,264 | 17,550 | -41,860 | - | - | - | - | - | - | - | 47,715 |
Net income/(loss) | ||||||||||
- | - | - | -130,937 | -170,928 | 23,991 | 13,370 | -83,353 | 44,198 | 53,604 | - |
Adjustments to reconcile net income (loss) to net cash used in operating activities | ||||||||||
Depreciation and software amortization | ||||||||||
5,341 | 7,339 | 9,791 | 11,531 | 11,719 | 12,863 | 15,530 | 15,676 | 15,213 | 21,443 | 28,265 |
Intangible asset amortization | ||||||||||
0 | 113 | 713 | 821 | 659 | 26 | 206 | 246 | 229 | 290 | 1,712 |
Restructuring | ||||||||||
5,742 | 0 | - | - | - | - | - | - | - | - | - |
(Income) loss from discontinued operations, net of tax | ||||||||||
- | - | - | -41,159 | 10,138 | 10,237 | - | - | - | - | - |
Loss on sale | ||||||||||
- | - | - | 0 | -9,501 | 0 | 0 | - | - | - | - |
Income from discontinued operations | ||||||||||
- | - | - | - | - | - | 1,284 | -116,033 | 2,138 | -2,159 | - |
Loss on sale of discontinued operations | ||||||||||
- | - | - | - | - | - | -12,355 | -2,716 | 0 | 0 | - |
Asset Impairment Charges | ||||||||||
0 | 4,888 | 34,510 | 38,669 | 209,938 | 0 | 2,750 | - | - | - | - |
Stock-based compensation | ||||||||||
1,100 | -600 | 2,700 | 2,673 | 5,442 | 3,978 | 5,744 | 3,412 | 3,832 | 3,907 | 3,889 |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | - | - | 0 | 42 | 57 | 215 | 0 | 13 |
Net pension cost (payments) | ||||||||||
- | - | - | - | - | -2,860 | 784 | 158 | -175 | -1,531 | 7,969 |
Net pension cost | ||||||||||
1,838 | 1,712 | 1,100 | 385 | -257 | - | - | - | - | - | - |
Interest accretion on contingent consideration | ||||||||||
0 | 742 | 4,162 | 2,430 | 2,337 | 0 | 0 | - | - | - | - |
Adjustments to fair value of contingent consideration | ||||||||||
- | - | - | 7,018 | 0 | 0 | - | - | - | - | - |
Amortization of debt issuance costs | ||||||||||
- | - | - | 208 | 356 | 357 | - | - | - | - | - |
Deferred income taxes | ||||||||||
996 | -1,645 | -10,959 | 26,290 | -41,569 | 5,794 | 1,744 | 721 | 6,713 | 7,369 | 6,092 |
Gain on sale from 3Q Digital | ||||||||||
0 | 32,760 | 0 | - | - | - | - | - | - | - | - |
Gain on disposal of assets | ||||||||||
- | - | 27 | - | - | - | - | - | - | - | - |
Other, net | ||||||||||
0 | 207 | - | 246 | -319 | 0 | 2,606 | 325 | 36 | -186 | -163 |
Changes in assets and liabilities: | ||||||||||
Decrease in accounts receivable, net and contract assets | ||||||||||
-16,825 | -7,468 | -7,416 | -14,945 | -7,238 | 8,539 | -7,630 | -12,069 | 6,305 | 9,314 | -29,356 |
(Increase) decrease in inventory | ||||||||||
-94 | -139 | -251 | -125 | -272 | -51 | 507 | 45 | -29 | 1,714 | -2,635 |
(Increase) decrease in prepaid expenses, income tax receivable and other assets | ||||||||||
-20,439 | 16,930 | -710 | -2,723 | -954 | -4,861 | 2,536 | 4,618 | 974 | 382 | -5,955 |
Decrease in accounts payable and accrued expenses | ||||||||||
-13,750 | 9,248 | -10,398 | 9,126 | 1,888 | -739 | -1,336 | -4,270 | -846 | 12,162 | -5,796 |
Decrease in accrued payroll, deferred revenue, lease liabilities and other long-term liabilities | ||||||||||
-238 | -6,257 | -28,871 | 23,045 | -10,390 | -16,299 | 9,398 | -1,648 | 16,185 | 6,499 | -14,060 |
Other, net | ||||||||||
- | - | - | - | - | -98 | 17,089 | 191 | 5,509 | -232 | -140 |
Net cash provided by (used in) continuing operations | ||||||||||
- | - | - | 49,965 | 17,341 | 13,345 | 44,111 | 56,524 | 70,201 | 94,910 | - |
Net cash provided by (used in) discontinued operations | ||||||||||
- | - | - | -35,375 | 15,945 | 12,672 | 15,461 | 19,856 | -8,291 | 959 | - |
Net cash used in operating activities | ||||||||||
12,097 | -9,181 | -30,800 | 14,590 | 33,286 | 26,017 | 59,572 | 76,380 | 61,910 | 95,869 | 114,022 |
Cash flows from investing activities | ||||||||||
Acquisitions, net of cash acquired | ||||||||||
- | - | - | 3,500 | 29,862 | 0 | 0 | - | 0 | 12,904 | 0 |
Dispositions, net of cash transferred | ||||||||||
0 | 3,929 | 0 | 0 | 4,974 | 0 | 0 | - | - | - | - |
Purchases of property, plant and equipment | ||||||||||
2,895 | 4,206 | 5,684 | 6,691 | 7,907 | 9,118 | 15,873 | 13,461 | 22,336 | 17,201 | 9,011 |
Proceeds from the sale of property, plant and equipment | ||||||||||
- | - | -18 | -755 | 76 | -45 | - | - | - | - | - |
Proceeds from sale of property, plant and equipment | ||||||||||
300 | 225 | - | - | - | - | 3,723 | 537 | 3,483 | 84 | 142 |
Net cash used in investing activities within continuing operations | ||||||||||
- | - | - | -9,436 | -32,871 | -9,073 | - | - | - | - | - |
Net cash provided by (used in) investing activities within discontinued operations | ||||||||||
- | - | - | 109,139 | -3,269 | -2,084 | 22,500 | -395 | 0 | -125 | - |
Net cash used in investing activities | ||||||||||
-2,595 | -52 | -5,666 | 99,703 | -36,140 | -11,157 | 10,350 | -13,319 | -18,853 | -30,146 | -8,869 |
Cash flows from financing activities | ||||||||||
Borrowings | ||||||||||
4,500 | 23,200 | 30,000 | 276,302 | 13,000 | 0 | 0 | - | - | - | - |
Borrowings | ||||||||||
- | - | - | - | - | - | - | - | 122,500 | 0 | 0 |
Repayment of borrowings | ||||||||||
0 | 9,000 | 30,211 | 353,614 | 18,375 | 15,313 | 12,250 | 69,188 | 136,062 | 46,688 | 30,937 |
Debt financing costs | ||||||||||
616 | 591 | 635 | 2,484 | 0 | 0 | 581 | - | 811 | - | - |
Issuance of common stock | ||||||||||
6 | 115 | 111 | - | - | - | - | - | - | - | - |
Debt financing costs | ||||||||||
- | - | - | - | - | - | - | - | - | - | 0 |
Issuance of preferred stock, net of transaction fees | ||||||||||
0 | 9,723 | 0 | - | - | - | - | - | - | - | - |
Debt financing costs | ||||||||||
- | - | - | - | - | - | - | - | - | 491 | - |
Issuance of common stock | ||||||||||
- | - | - | -233 | -909 | -481 | 512 | 660 | 713 | 75 | 555 |
Payment of finance leases | ||||||||||
807 | 548 | 501 | 168 | 0 | 0 | - | - | - | - | - |
Excess tax benefits from stock-based compensation | ||||||||||
- | - | - | 0 | 14 | 0 | 42 | 57 | 215 | 0 | 13 |
Purchase of treasury stock | ||||||||||
- | - | - | 0 | 4,619 | 7,354 | 1,760 | 4,402 | 8,363 | 0 | 0 |
Issuance of treasury stock | ||||||||||
15 | 63 | 0 | 186 | 193 | 0 | 135 | - | - | - | - |
Dividends paid | ||||||||||
- | - | - | 5,285 | 21,241 | 21,485 | 16,121 | 26,961 | 20,370 | 19,141 | 19,116 |
Net cash (used in) provided by financing activities | ||||||||||
3,086 | 22,732 | -1,458 | -85,296 | -31,937 | -44,633 | -30,023 | -99,834 | -42,178 | -66,245 | -49,485 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | ||||||||||
652 | -1,014 | - | - | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
- | - | 316 | 444 | -1,976 | -1,830 | -536 | 225 | 163 | -80 | 769 |
Net (decrease) increase in cash and cash equivalents and restricted cash | ||||||||||
13,240 | 12,485 | - | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||||||
- | - | -37,608 | 29,441 | -36,767 | -31,603 | 39,363 | - | - | - | 56,437 |
Net decrease in cash and cash equivalents | ||||||||||
- | - | - | - | - | - | - | -36,548 | 1,042 | -602 | - |
Supplemental disclosures | ||||||||||
Cash paid for interest | ||||||||||
875 | 199 | 292 | 5,672 | 1,679 | - | - | - | - | - | - |
Cash received for income taxes, net of refunds | ||||||||||
-19,405 | -119 | 32,914 | 2,592 | 10,069 | - | - | - | - | - | - |
Non-cash investing and financing activities | ||||||||||
Purchases of property, plant and equipment included in accounts payable | ||||||||||
800 | 1,108 | 1,434 | 298 | 315 | - | - | - | - | - | - |
New capital lease obligations | ||||||||||
- | - | 57 | 1,259 | 177 | - | - | - | - | - | - |