| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||
OPERATING ACTIVITIES | ||||||||
Net (loss) income | ||||||||
-2,712 | 28,753 | 14,502 | 37,986 | 15,413 | 51,901 | 71,018 | 60,458 | 79,696 |
Adjustments to reconcile net (loss) income to cash (used) provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
7,385 | 7,740 | 6,995 | 8,322 | 7,703 | 7,366 | 7,580 | 7,779 | 8,310 |
Stock-based compensation | ||||||||
2,466 | 6,046 | 6,325 | 3,788 | 7,685 | 882 | 8,460 | 1,812 | 3,740 |
Provision for doubtful accounts | ||||||||
9,339 | 602 | 2,401 | 255 | 2,730 | 2,279 | 3,830 | 385 | -10 |
Other | ||||||||
12,600 | -11,346 | 7,836 | 556 | 512 | 114 | -5,498 | 1,232 | 362 |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
1,765 | -77,496 | 56,880 | -52,828 | 48,473 | -64,832 | 65,150 | -43,424 | 60,849 |
Inventories | ||||||||
36,566 | -89,216 | 9,879 | 24,729 | 44,926 | -68,255 | 53,291 | -425 | 61,146 |
Due from former parent | ||||||||
0 | 0 | 0 | -291,498 | -256,803 | 278,985 | -285,271 | 278,032 | 54,329 |
Accounts payable | ||||||||
3,664 | -2,908 | -8,500 | 30,396 | 12,935 | -30,118 | 29,084 | 7,049 | -43,613 |
Income taxes | ||||||||
-3,676 | 2,318 | -3,977 | 4,381 | 1,311 | 9,662 | 952 | 1,287 | -5,573 |
Accrued liabilities | ||||||||
-15,049 | 8,995 | 14,048 | -9,196 | 9,426 | 17,764 | 15,298 | 1,656 | 18,353 |
Due to former parent | ||||||||
0 | 0 | 0 | -3,797 | -12,268 | -54,049 | 10,132 | -1,019 | 22,412 |
Other assets and liabilities | ||||||||
-4,097 | 26,023 | -8,395 | 17,512 | 1,340 | 2,648 | 8,515 | -5,375 | 20,994 |
Cash (used) provided by operating activities | ||||||||
-45,417 | 199,407 | -1,770 | 373,664 | 206,487 | -141,472 | 310,167 | -150,633 | -114,365 |
INVESTING ACTIVITIES | ||||||||
INVESTING ACTIVITIES | ||||||||
Capital expenditures | ||||||||
10,423 | 10,929 | 2,450 | 4,000 | 5,300 | 3,411 | 4,592 | 6,507 | 6,528 |
Software purchases | ||||||||
8,781 | - | - | - | 0 | - | - | - | - |
Collection of notes receivable from former parent | ||||||||
- | - | - | - | - | 28,800 | 0 | 0 | 1,000 |
Other | ||||||||
3,104 | -2,764 | 352 | -1,101 | 20 | -583 | 1,403 | 1,378 | -6,428 |
Cash used by investing activities | ||||||||
-22,308 | -22,972 | -2,802 | 515,041 | -5,320 | 24,309 | -5,995 | -7,885 | 900 |
FINANCING ACTIVITIES | ||||||||
FINANCING ACTIVITIES | ||||||||
Borrowings under revolving credit facility | ||||||||
512,500 | - | - | - | 0 | - | - | - | - |
Repayments under revolving credit facility | ||||||||
37,500 | - | - | - | 0 | - | - | - | - |
Repayment of notes payable to former parent | ||||||||
0 | 0 | 0 | 241,867 | 27,245 | 0 | 0 | 0 | 0 |
Net transfers to former parent | ||||||||
0 | 0 | 0 | -1,641,197 | -173,485 | 126,619 | -299,232 | 170,154 | 109,705 |
Dividends paid | ||||||||
31,877 | - | - | - | 0 | - | - | - | - |
Net decrease in short-term borrowings | ||||||||
- | - | - | - | - | - | - | - | 7,565 |
Proceeds from issuance of Common Stock, net of shares withheld for taxes | ||||||||
-1,855 | - | - | - | 0 | - | - | - | - |
Other | ||||||||
2,566 | -8 | 3,301 | -19,250 | 5,081 | - | - | - | - |
Cash provided (used) by financing activities | ||||||||
443,834 | -112,162 | -28,976 | -915,307 | -195,649 | 123,971 | -298,174 | 163,264 | 117,270 |
Effect of foreign currency rate changes on cash and cash equivalents | ||||||||
-3,551 | 1,731 | -2,335 | 344 | 651 | -3,167 | 781 | -6,624 | 3,618 |
Net change in cash and cash equivalents | ||||||||
372,558 | 66,004 | -35,883 | -26,258 | 6,169 | 3,641 | 6,779 | -1,878 | 7,423 |