| 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: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
-13,720 | 4,593 | 3,184 | 905 | -3,226 | -7,526 | -186 | 5,392 | 2,816 | 3,253 | 15,327 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||
Impairment charges | ||||||||||
- | - | - | - | - | - | 4,207 | - | - | - | - |
Impairment charges | ||||||||||
10,073 | 0 | 0 | - | - | - | - | 0 | 0 | - | - |
Gain on bargain purchase, net | ||||||||||
- | - | - | - | - | - | - | - | - | - | 2,388 |
Depreciation and amortization | ||||||||||
13,446 | 10,766 | 8,203 | 6,879 | 7,810 | 9,747 | 13,228 | 14,308 | 10,392 | 9,034 | 6,732 |
Operating lease right-of-use asset | ||||||||||
4,347 | - | - | - | - | - | - | - | - | - | - |
Amortization of deferred loan costs | ||||||||||
126 | 53 | 85 | 60 | 20 | 104 | 193 | 183 | 188 | 1,539 | 789 |
Noncash interest expense | ||||||||||
286 | 961 | 1,215 | 0 | 0 | - | - | - | - | - | - |
Share-based Payment Arrangement, Noncash Expense | ||||||||||
4,930 | 5,056 | 7,052 | 5,123 | 3,926 | 4,532 | 6,294 | 6,321 | 5,093 | 3,980 | 3,345 |
Other loss from sale of assets | ||||||||||
- | - | - | -22 | -1,191 | -57 | 0 | 0 | - | - | - |
Foreign currency transaction losses on short-term intercompany balances | ||||||||||
-298 | -1,002 | 2,190 | -84 | -2,165 | -2,003 | 13 | 377 | -417 | - | - |
(Gain) Loss on sale of fixed assets | ||||||||||
- | - | - | - | - | - | - | - | - | -15 | -109 |
Foreign currency transaction (gains) losses on short-term intercompany balances | ||||||||||
- | - | - | - | - | - | - | - | - | -422 | 1,595 |
Deferred income taxes | ||||||||||
- | - | - | - | - | - | - | - | - | -1,354 | -516 |
Income taxes | ||||||||||
425 | 1,321 | -731 | 861 | 1,112 | -1,566 | 23 | 799 | 2,151 | - | - |
Changes in fair value of contingent consideration | ||||||||||
250 | 1,628 | 2,283 | 0 | 0 | - | - | - | - | - | - |
Changes in operating assets and liabilities | ||||||||||
Restricted cash | ||||||||||
- | - | - | -1 | -5 | -4 | -8 | 1 | 0 | -193 | 195 |
Billed receivables | ||||||||||
-5,705 | 8,639 | 3,949 | 3,339 | -4,331 | 6,351 | -4,206 | 1,598 | -1,717 | 1,757 | -1,092 |
Unbilled receivables | ||||||||||
1,598 | 992 | 469 | 509 | - | - | - | - | - | - | - |
Unbilled receivables | ||||||||||
- | - | - | - | -1,305 | -7,278 | -2,609 | 2,179 | 5,419 | 320 | -1,466 |
Prepaid expenses and other current assets | ||||||||||
2,563 | -2,404 | 417 | 1,506 | -705 | -1,575 | 1,326 | -693 | 718 | 1,400 | -183 |
Operating lease liabilities | ||||||||||
-4,484 | -229 | -57 | - | - | - | - | - | - | - | - |
Other assets | ||||||||||
- | - | - | 65 | 0 | -5 | -17 | 179 | 455 | -56 | -55 |
Accounts payable and accrued expenses | ||||||||||
-1,239 | -3,275 | 815 | 1,218 | -1,949 | -3,432 | -3,512 | -1,125 | 110 | -2,529 | -936 |
Accrued payroll and related expenses | ||||||||||
-2,147 | 778 | 975 | 2,606 | -3,595 | 536 | -5,720 | -1,258 | 8,289 | -6,255 | -3,163 |
Refund liabilities | ||||||||||
-2,075 | -2,112 | 115 | 67 | - | - | - | - | - | - | - |
Refund liabilities | ||||||||||
-2,075 | -2,112 | 115 | 67 | 2,389 | -1,297 | -591 | 392 | -837 | -39 | -567 |
Deferred revenue | ||||||||||
- | - | - | - | -784 | 720 | -72 | -157 | -338 | -139 | 405 |
Increase (Decrease) in Contract with Customer, Liability | ||||||||||
-210 | 1,036 | 101 | -5 | - | - | - | - | - | - | - |
Long-term incentive compensation payout | ||||||||||
0 | -6,378 | 0 | 0 | - | - | - | - | - | - | - |
Noncurrent compensation obligations | ||||||||||
- | - | - | - | - | 414 | 329 | 345 | 432 | -707 | -1,589 |
Other long-term liabilities | ||||||||||
0 | 351 | 353 | -562 | 272 | 112 | -1,224 | -1,118 | -243 | -523 | -388 |
Net cash provided by (used in) operating activities | ||||||||||
10,500 | 2,426 | 13,464 | 10,118 | 13,453 | 10,047 | 18,424 | 18,843 | 19,293 | 3,469 | 18,166 |
Cash flows from investing activities: | ||||||||||
Business acquisition, net of cash acquired | ||||||||||
0 | -19 | 10,128 | 3,669 | 520 | 0 | 0 | - | 3,155 | 7,741 | 2,029 |
Business divestiture | ||||||||||
- | - | - | - | 783 | 1,100 | 0 | - | - | - | - |
Business (acquisition) divestiture, net of cash | ||||||||||
- | - | - | - | - | - | - | 1,542 | - | - | - |
Purchases of property, equipment and software, net of disposal proceeds | ||||||||||
15,027 | 10,398 | 9,355 | 5,887 | 4,482 | 4,709 | 6,875 | 7,931 | 8,287 | 6,934 | 5,511 |
Net cash used in investing activities | ||||||||||
-15,027 | -10,379 | -19,483 | -9,556 | -4,219 | -3,609 | -6,875 | -9,473 | -11,442 | -14,675 | -7,540 |
Cash flows from financing activities: | ||||||||||
Repayments of long-term debt | ||||||||||
-11,000 | -13,500 | 66 | 0 | 0 | - | - | - | - | - | - |
Repayments of long-term debt | ||||||||||
- | - | - | - | - | - | 6,000 | 3,000 | 3,000 | - | - |
Repayments of former credit facility (Note 5) | ||||||||||
- | - | - | - | - | - | - | - | - | 14,070 | 5,315 |
Repayments of long-term debt and capital lease obligations | ||||||||||
- | - | - | - | - | - | - | - | - | 3,260 | - |
Proceeds from term loan (Note 5) | ||||||||||
- | - | - | - | - | - | - | - | - | 15,000 | - |
Payment of deferred loan costs | ||||||||||
472 | 38 | 155 | 0 | 100 | 104 | 0 | 0 | 6 | 666 | 50 |
Payments of deferred acquisition consideration | ||||||||||
- | - | - | - | - | 2,208 | 1,902 | 2,837 | 1,694 | 409 | - |
Proceeds from credit facility | ||||||||||
26,400 | 21,500 | 10,000 | 3,600 | 0 | 0 | - | - | - | - | - |
Payment of earnout liability related to business acquisitions | ||||||||||
4,229 | 4,000 | 0 | 0 | - | - | - | - | - | - | - |
Net proceeds from issuance of common stock | ||||||||||
- | - | - | - | - | - | 4,118 | 14,682 | 0 | 0 | - |
Repurchases of common stock | ||||||||||
4,653 | 4,069 | 0 | 3,772 | 18,071 | 22,685 | 0 | 0 | - | - | 246 |
Restricted stock repurchased from employees for withholding taxes | ||||||||||
802 | 1,281 | 100 | 218 | 312 | 568 | 1,757 | 1,605 | 1,063 | -214 | -116 |
Proceeds from option exercises | ||||||||||
219 | 4,422 | 1,172 | 326 | 91 | 2,823 | 916 | 559 | 353 | 109 | 26 |
Net cash provided by financing activities | ||||||||||
5,463 | 3,034 | 10,983 | -64 | -18,392 | -22,742 | -4,625 | 7,799 | -5,410 | -3,510 | -5,701 |
Effect of exchange rates on cash and cash equivalents | ||||||||||
73 | 64 | -1,860 | - | - | - | - | - | - | - | - |
Effect of exchange rates on cash and cash equivalents | ||||||||||
- | - | - | 103 | -1,455 | -1,661 | -1,030 | 300 | -552 | 138 | 1,413 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||
1,009 | -4,855 | 3,104 | - | - | - | - | - | - | - | - |
Net decrease in cash and cash equivalents | ||||||||||
- | - | - | 601 | -10,613 | -17,965 | 5,894 | 17,469 | 1,889 | -14,578 | 6,338 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid during the period for interest | ||||||||||
1,117 | 681 | 434 | - | - | - | - | - | - | - | - |
Cash paid during the period for interest | ||||||||||
- | - | - | 60 | 63 | 132 | 567 | 340 | 422 | 570 | 1,939 |
Cash paid during the period for income taxes, net of refunds received | ||||||||||
2,440 | 3,255 | 2,929 | 1,407 | 1,085 | 3,892 | 3,245 | 2,730 | 4,235 | 2,743 | 4,247 |
Noncash investing activities: | ||||||||||
Fair value of contingent consideration liabilities at the date of acquisition | ||||||||||
0 | 0 | 5,954 | 3,834 | 0 | - | - | - | - | - | - |
Capital expenditures incurred but not yet paid | ||||||||||
17 | 1,954 | 365 | 203 | - | - | - | - | - | - | - |
Deferred and contingent business acquisition consideration | ||||||||||
- | - | - | - | - | - | - | 189 | 5,643 | - | - |