| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||
Net loss | ||||||||||||
-300,900 | -220,521 | -20,627 | 6,087 | 17,310 | -77,335 | 13,658 | 9,019 | 1,675 | -29,811 | -5,052 | -12,105 | -20,714 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||||||||||||
Depreciation | ||||||||||||
8,541 | 10,972 | 12,196 | 13,846 | 13,530 | 14,318 | 13,661 | 13,212 | 13,109 | 13,074 | 13,150 | 13,615 | 13,561 |
Amortization of intangibles | ||||||||||||
4,200 | 4,467 | 4,600 | 4,612 | 4,688 | 3,858 | 1,900 | 1,900 | 1,900 | 2,198 | 2,200 | 2,200 | 2,201 |
Amortization of deferred financing costs | ||||||||||||
745 | 746 | 746 | 746 | 746 | 1,775 | 169 | 169 | 853 | 403 | 390 | 363 | 459 |
Provision for (recovery of) doubtful accounts | ||||||||||||
-288 | 613 | 188 | 1 | 47 | 51 | -619 | 30 | 270 | 169 | -3 | -19 | 29 |
Benefit for deferred income taxes | ||||||||||||
-1,588 | -1,451 | 143 | -2,541 | -478 | -67 | 590 | 422 | -47 | -8,439 | 423 | 35 | 2,166 |
Provision for inventory obsolescence | ||||||||||||
271 | 646 | 2,422 | 742 | 1,338 | 566 | 50 | 228 | 0 | - | - | - | - |
Stock-based compensation expense | ||||||||||||
3,592 | 3,504 | 3,286 | 4,114 | 3,153 | 3,502 | 3,508 | 3,971 | 2,240 | 1,188 | 2,185 | 2,659 | 1,536 |
Impairment of goodwill | ||||||||||||
296,196 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Gain (Loss) on Extinguishment of Debt | ||||||||||||
10,116 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Gain on sale of property and equipment | ||||||||||||
575 | -261 | 466 | 310 | 23 | 30 | 1,190 | 881 | -370 | 105 | -148 | -4,421 | -224 |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | ||||||||||||
-426 | -486 | -5,771 | -975 | -13,955 | 1,547 | 45 | 607 | 1,063 | -6 | 277 | 57 | 87 |
Loss on equity method investment | ||||||||||||
- | - | - | - | - | -77 | -77 | -118 | -75 | - | - | - | - |
Changes in operating assets and liabilities, net of effects from acquisitions | ||||||||||||
Accounts receivable, net | ||||||||||||
-4,458 | -21,399 | -35,013 | 10,158 | 4,402 | -37,730 | 21,334 | 24,981 | 16,387 | 5,240 | 11,801 | 15,027 | 20,112 |
Inventories, net | ||||||||||||
2,651 | -4,911 | -16,068 | -9,445 | 7,879 | 7,336 | 6,489 | 1,622 | -406 | 1,652 | 2,120 | 2,937 | 1,503 |
Prepaid expenses and other current assets | ||||||||||||
-2,409 | -2,800 | -1,547 | -4,108 | 6,060 | 7,482 | -1,574 | 571 | -757 | -1,761 | -418 | 3,968 | -3,261 |
Accounts payable and accrued expenses | ||||||||||||
-3,213 | -10,948 | 3,108 | -16,358 | -3,703 | -10,961 | 19,533 | 7,227 | 11,357 | -6,521 | 11,059 | -919 | 8,911 |
Income taxes receivable/payable | ||||||||||||
-150 | -968 | 634 | -756 | 796 | 411 | 25 | -831 | 140 | 581 | 14,908 | -312 | -19 |
Other assets and liabilities | ||||||||||||
-271 | 2,762 | -470 | 1,099 | -780 | -448 | 159 | 60 | -66 | 1,519 | 1,514 | 82 | 225 |
Net cash provided by operating activities | ||||||||||||
745 | 14,497 | 69,400 | 11,520 | 5,888 | 38,821 | 25,556 | 7,893 | 17,307 | 1,896 | 24,757 | -10,844 | -10,138 |
Proceeds from sales of property and equipment | ||||||||||||
892 | 1,768 | 747 | 710 | 477 | 392 | 497 | 198 | 1,096 | 374 | 585 | 231 | 262 |
Proceeds from property and equipment casualty losses | ||||||||||||
428 | 73 | 23 | 242 | 1,238 | 0 | 0 | 1,743 | 0 | 203 | 32 | 46 | 19 |
Proceeds from notes receivable payments | ||||||||||||
0 | 0 | 0 | 7,094 | 532 | 2,941 | 0 | 0 | 0 | - | - | - | 25 |
Equity method investment | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1,000 |
Purchases of property and equipment | ||||||||||||
785 | 16,061 | 11,535 | 16,977 | 20,386 | 17,101 | 11,480 | 11,597 | 6,468 | 15,225 | 11,347 | 8,639 | 10,005 |
Net cash provided by (used in) investing activities | ||||||||||||
535 | -14,528 | 7,477 | -8,931 | -18,139 | -363,754 | -10,983 | -9,656 | -5,372 | -14,648 | -10,730 | -8,337 | -10,749 |
Cash flows from financing activities | ||||||||||||
Payments on Senior Notes | ||||||||||||
3,455 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from revolving credit facilities | ||||||||||||
- | - | - | - | - | - | - | - | - | 2,981 | 2,000 | 22,500 | 29,000 |
Payments on 2018 ABL Credit Facility | ||||||||||||
0 | 0 | 0 | 25,000 | 20,000 | 0 | 0 | 0 | 96,182 | 787 | 2,500 | 11,500 | 23,500 |
Payments on term loans | ||||||||||||
- | - | - | - | - | 115,274 | 0 | 0 | 155,701 | - | - | - | - |
Proceeds from term loan | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 125,000 | - | - | - | - |
Payments on capital leases | ||||||||||||
240 | 235 | 239 | 217 | 212 | 128 | 0 | 0 | 0 | - | - | - | - |
Payments of contingent liability | ||||||||||||
98 | 124 | 112 | 138 | 0 | - | - | - | - | - | - | - | - |
Payments on notes payableinsurance premium financing | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 272 |
Proceeds from issuance of common stock in IPO, net of offering costs | ||||||||||||
- | - | - | - | - | 0 | 0 | -166 | 171,616 | - | - | - | - |
Proceeds from other issuances of common stock | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 300 | 0 | 20,075 | 0 | 41,299 |
Proceeds from exercise of stock options | ||||||||||||
0 | 0 | 0 | 0 | 15 | 1,038 | 1,867 | 0 | 0 | - | - | - | - |
Vesting of restricted stock | ||||||||||||
115 | 0 | 10 | 1,551 | 82 | 137 | 790 | 0 | 0 | - | - | - | - |
Distribution to non-accredited investors | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,438 |
Cost of debt issuance | ||||||||||||
- | - | - | - | - | 14,922 | 0 | 0 | 1,385 | - | - | - | - |
Deferred financing costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 50 | 230 |
Net cash used in financing activities | ||||||||||||
-3,908 | -359 | -361 | -16,906 | -20,279 | 302,132 | 1,077 | -166 | 43,648 | 119 | 4,039 | 4,325 | 43,859 |
Impact of foreign currency exchange on cash | ||||||||||||
-245 | 58 | -81 | 46 | 72 | -118 | 24 | -111 | -196 | -25 | -22 | -56 | -7 |
Net decrease in cash and cash equivalents | ||||||||||||
-2,873 | -332 | 76,435 | -14,271 | -32,458 | -22,919 | 15,674 | -2,040 | 55,387 | -12,658 | 17,981 | -14,856 | 22,972 |
Supplemental disclosures of cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
748 | 17,757 | 233 | 18,636 | 750 | 1,618 | 1,675 | 583 | 2,105 | - | - | - | - |
Cash paid (refunded) for income taxes | ||||||||||||
-577 | -132 | -45 | 562 | 132 | 115 | 540 | 1,042 | 0 | - | - | - | - |
Non-cash investing and financing activities: | ||||||||||||
Capital expenditures in accounts payable and accrued expenses | ||||||||||||
648 | -1,173 | -1,896 | -3,148 | 6,227 | -7,470 | 9,536 | 146 | 2,264 | - | - | - | - |
Property and equipment obtained by capital lease | ||||||||||||
0 | 0 | 311 | 0 | 1,310 | 1,444 | 1,679 | 0 | 0 | - | - | - | - |
Receivable from property and equipment sale (including insurance) | ||||||||||||
5,454 | - | - | - | 24 | - | - | - | 0 | - | - | - | - |