| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
24,128 | 21,948 | 8,884 | 22,146 | 3,124 | 2,118 | 5,423 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | ||||||
Depreciation expense | ||||||
40,392 | 29,000 | 21,704 | 14,502 | 10,222 | 5,809 | 3,541 |
Capitalized Computer Software, Amortization | ||||||
312 | 0 | 0 | - | - | - | - |
Non-cash operating lease cost | ||||||
40,068 | 0 | 0 | - | - | - | - |
Equity-based compensation | ||||||
7,505 | 6,143 | 5,623 | 5,354 | 16,681 | 165 | 93 |
Deferred income taxes | ||||||
-6,064 | 788 | 146,334 | -523 | -734 | -93 | 7 |
Non-cash interest expense | ||||||
170 | 72 | 317 | 304 | 273 | 192 | 37 |
(Gain) loss on sale of marketable securities | ||||||
22 | -16 | -5 | -18 | 0 | 0 | - |
Excess tax benefits on equity-based compensation | ||||||
- | - | - | 33 | 0 | 0 | - |
Gain (Loss) on Disposition of Property Plant Equipment | ||||||
-1,352 | -917 | -608 | -34 | -17 | -105 | -25 |
Unrealized (gain) loss on available-for-sale securities | ||||||
194 | -61 | 0 | - | - | - | - |
Other non-cash expense (income) | ||||||
338 | 78 | 127,221 | 688 | 0 | 0 | - |
Unrealized Gain (Loss) on Investments | ||||||
- | 0 | - | - | - | - | - |
Net loss on sublease | ||||||
0 | 672 | 0 | 0 | - | - | - |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-10,726 | -5,530 | -6,421 | -2,974 | -775 | 1,751 | -26 |
Inventories | ||||||
472 | 491 | 452 | 263 | 14 | 198 | 88 |
Prepaid expenses and other current assets | ||||||
-134 | 270 | -2,244 | 756 | 958 | 1,168 | 118 |
Other assets | ||||||
8,245 | 2,726 | 446 | 822 | -1,293 | 2,461 | 1,109 |
Accounts payable | ||||||
4,248 | 3,156 | 1,235 | 839 | 201 | 1,210 | 1,219 |
Accrued expenses | ||||||
9,856 | 7,979 | 4,388 | 5,560 | 2,548 | 3,349 | -713 |
Accrued wages and related liabilities | ||||||
799 | 4,424 | 144 | 280 | 3,394 | 416 | 866 |
Other current liabilities | ||||||
1,438 | 860 | -988 | 2,130 | 257 | 420 | 31 |
Deferred rent | ||||||
0 | 1,247 | 1,008 | 3,415 | 4,363 | 5,206 | 1,742 |
Long-term operating lease liabilities | ||||||
-37,308 | 0 | 0 | - | - | - | - |
Other long-term liabilities | ||||||
1,372 | 6,208 | 1,070 | -186 | -184 | 265 | 1,942 |
NET CASH PROVIDED BY OPERATING ACTIVITIES | ||||||
89,857 | 85,395 | 70,878 | 54,285 | 41,258 | 13,584 | 12,924 |
INVESTING ACTIVITIES | ||||||
Purchases of property and equipment | ||||||
106,507 | 87,525 | 61,533 | 54,433 | 32,117 | 28,515 | 16,194 |
Purchases of marketable securities | ||||||
1,179 | 1,223 | 7,861 | 61,266 | 2,397 | 0 | 0 |
Sales of marketable securities | ||||||
27,000 | 2,144 | 7,451 | 938 | 0 | 0 | - |
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | ||||||
-80,686 | -86,604 | -61,943 | -114,761 | -34,514 | -28,515 | -16,194 |
FINANCING ACTIVITIES | ||||||
Payments on promissory note | ||||||
- | - | - | -313 | 0 | 0 | 313 |
Payments on Revolving Credit Facility | ||||||
- | - | - | - | 36,000 | 0 | 0 |
Proceeds from revolving credit facility | ||||||
- | - | - | - | 4,000 | 32,000 | 0 |
Deferred financing costs | ||||||
286 | 0 | 0 | - | 103 | 398 | 0 |
Payments on principal of finance leases | ||||||
1,926 | 0 | 0 | - | - | - | - |
Proceeds from deemed landlord financing | ||||||
0 | 1,382 | 1,183 | 65 | 0 | 0 | - |
Payments on deemed landlord financing | ||||||
0 | 702 | 266 | 0 | 0 | - | - |
Proceeds from issuance of Class A common stock sold in initial public offering, net of underwriting discounts, commissions and offering costs | ||||||
- | - | - | - | 109,262 | 0 | 0 |
Proceeds from issuance of Class B common stock | ||||||
- | - | - | - | 30 | 0 | 0 |
Distributions paid to non-controlling interest holders | ||||||
1,708 | 751 | 2,379 | 1,745 | 0 | 0 | - |
Distributions paid to members prior to the initial public offering | ||||||
- | - | - | - | 11,125 | 27,070 | 0 |
Payments under tax receivable agreement | ||||||
707 | 0 | 4,844 | 0 | 0 | - | - |
Proceeds from stock option exercises | ||||||
9,201 | 5,472 | 7,585 | 3,194 | 0 | 0 | - |
Payment, Tax Withholding, Share-based Payment Arrangement | ||||||
1,396 | 949 | 314 | 0 | 4,636 | 0 | 0 |
Excess tax benefits from equity-based compensation | ||||||
- | - | - | 33 | 0 | 0 | - |
NET CASH PROVIDED BY FINANCING ACTIVITIES | ||||||
3,178 | 4,452 | 965 | 1,234 | 61,428 | 4,532 | 313 |
NET INCREASE IN CASH AND CASH EQUIVALENTS | ||||||
12,349 | 3,243 | 9,900 | -59,242 | 68,172 | -10,399 | -2,957 |