| 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 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||||
Net income (loss) | ||||||||||||||||||||||||
33,574 | 91,050 | 58,920 | 11,292 | -30,004 | 45,670 | -10,394 | 13,560 | -24,552 | -15,047 | -147,998 | 3,389 | 21,187 | 37,491 | 27,331 | 30,403 | 17,405 | 30,656 | 37,814 | 23,321 | 25,256 | -49,780 | 12,555 | 15,307 | -1,552 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||||
56,107 | 60,379 | 60,137 | 60,749 | 61,200 | 70,128 | 68,034 | 67,502 | 68,021 | 83,348 | 65,432 | 15,528 | 15,628 | 15,559 | 14,769 | 14,523 | 14,353 | 14,058 | 13,819 | 13,893 | 14,244 | 14,578 | 14,331 | 11,263 | 14,371 |
Amortization of Senior Notes premium, net of capitalized loan fees and original issue discount | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | -34 | - | 357 | 201 | 201 | - | 241 | 262 | 262 | 267 | 267 | 371 | 441 | 882 | 974 | 900 | 2,944 |
Share-based compensation | ||||||||||||||||||||||||
15,998 | 14,329 | 12,803 | 13,794 | 14,267 | 8,278 | 9,791 | 8,375 | 7,879 | 8,768 | 38,880 | 6,229 | 5,819 | 4,616 | 3,517 | 3,071 | 2,816 | 1,786 | 1,668 | 913 | 707 | 1,065 | 881 | 893 | 531 |
Provision for doubtful accounts | ||||||||||||||||||||||||
271 | 949 | 165 | -519 | 1,302 | -1,134 | -1,719 | -1,905 | 171 | 2,690 | 1,319 | 165 | -7 | 643 | 829 | -31 | 1,129 | 296 | -295 | -356 | 211 | -376 | 1,275 | 970 | 566 |
Provision for deferred income taxes | ||||||||||||||||||||||||
8,159 | -53,160 | 4,298 | 7,249 | 1,544 | 961 | 6,961 | 3,053 | -10,735 | 1,698 | 21,814 | -9,168 | 87 | -17,034 | 105 | -4,063 | -1,268 | 4,022 | 395 | -1,222 | 939 | 7,396 | 209 | -22,955 | 513 |
Foreign currency transaction gains | ||||||||||||||||||||||||
15,019 | -17,256 | 5,133 | 880 | 77 | 1,238 | -4,706 | 25,997 | -6,364 | -1,648 | -382 | -3,175 | -2,707 | -1,892 | -5,196 | -5,819 | -7,774 | -1,507 | -2,161 | 2,074 | 2,389 | -3,307 | 5,756 | 2,613 | 2,328 |
Asset impairment charges | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 3,931 | 0 | 0 | 17,245 | 0 |
Fair value adjustment of contingent obligations | ||||||||||||||||||||||||
-4,095 | 17,831 | 369 | -1,664 | 724 | -15,172 | 1,194 | 1,194 | 1,194 | -12,276 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Loss on extinguishment of debt | ||||||||||||||||||||||||
0 | 14,750 | 0 | 0 | -4,355 | -239 | -1,789 | -1,877 | -248 | -520 | -102 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other non-cash items | ||||||||||||||||||||||||
-1,104 | -1,589 | -30 | -1,790 | 643 | 320 | 855 | -2,228 | -1,796 | -3,808 | -704 | -336 | -364 | -1,098 | -23 | -7 | -130 | -70 | -11 | 47 | 116 | 1,241 | -157 | -222 | -9 |
Changes in operating assets and liabilities: | ||||||||||||||||||||||||
Accounts receivable, unbilled services, and deferred revenue | ||||||||||||||||||||||||
53,078 | 10,306 | 20,548 | 64,064 | 25,471 | 48,819 | -19,827 | -21,988 | 90,617 | -21,005 | -7,750 | 15,628 | -47,496 | 40,940 | -2,314 | 229 | 60,833 | -30,034 | 55,299 | 807 | 28,001 | 12,886 | -22,772 | 46,321 | -12,176 |
Accounts payable and accrued expenses | ||||||||||||||||||||||||
-66,426 | 15,979 | -19,668 | 58,687 | -26,682 | 54,653 | 8,640 | 10,972 | -14,241 | -6,850 | -18,826 | 29,151 | -20,457 | 7,552 | -4,964 | -8,978 | 13,048 | 10,271 | 8,126 | 3,867 | -14,078 | 7,197 | 1,576 | 27,675 | -10,705 |
Deferred revenue | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -168 | 6,979 | -1,058 | -25,253 | 41,807 | 12,143 | 39,803 | -8,596 | -10,319 | 49,715 | 11,942 |
Other assets and liabilities | ||||||||||||||||||||||||
15,202 | -19,402 | 16,954 | -10,386 | 13,821 | 798 | -17,852 | -9,278 | -7,521 | 41 | -11,404 | 10,651 | -2,674 | -10,007 | -1,116 | 2,741 | -5,596 | 3,836 | 5,030 | 8,672 | -2,683 | -3,346 | 1,723 | 3,115 | -2,743 |
Net cash used in operating activities | ||||||||||||||||||||||||
-38,607 | 160,548 | 74,419 | 96,820 | -13,306 | 112,448 | 125,826 | 112,159 | -46,985 | 88,512 | 11,320 | 22,727 | 75,699 | 14,366 | 50,748 | 45,022 | -646 | 63,618 | 45,847 | 51,644 | 43,631 | 14,119 | 36,932 | 49,186 | 31,210 |
Cash flows from investing activities: | ||||||||||||||||||||||||
Payments associated with business combinations, net of cash acquired | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,302 |
Purchases of property and equipment | ||||||||||||||||||||||||
11,870 | 13,328 | 22,579 | 16,621 | 11,445 | 11,632 | 10,377 | 11,300 | 21,286 | 15,743 | 12,179 | 5,403 | 10,571 | 14,527 | 5,336 | 6,716 | 4,774 | 9,546 | 3,896 | 2,799 | 4,870 | 7,812 | 4,800 | 8,315 | 4,624 |
Investments in unconsolidated affiliates | ||||||||||||||||||||||||
6,750 | - | 6,227 | 3,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||||
-18,620 | -21,789 | -28,806 | -19,621 | -11,445 | -11,632 | -101,267 | -11,300 | -21,286 | -16,417 | -1,690,453 | -5,403 | -10,571 | -14,527 | -5,336 | -6,716 | -4,774 | -9,546 | -3,896 | -2,799 | -4,870 | -7,812 | -4,800 | -8,315 | -6,926 |
Cash flows from financing activities: | ||||||||||||||||||||||||
Proceeds from issuance of long-term debt, net of discount | ||||||||||||||||||||||||
0 | 398,805 | 0 | 0 | 183,195 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments of debt financing costs | ||||||||||||||||||||||||
0 | 43 | 1,561 | 848 | 184 | 0 | -359 | 3,421 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of long-term debt | ||||||||||||||||||||||||
0 | 67,000 | 114,800 | 40,000 | 216,136 | 36,250 | 256,896 | 66,250 | 31,250 | 50,000 | 475,097 | 0 | 0 | - | - | - | - | 0 | 0 | 473,938 | 1,063 | 158,642 | 0 | 0 | 5,453 |
Proceeds from accounts receivable financing agreement | ||||||||||||||||||||||||
6,600 | -185 | 89,800 | 11,700 | 26,500 | 4,100 | 183,600 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repayments of accounts receivable financing agreement | ||||||||||||||||||||||||
6,600 | 0 | 0 | 22,400 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from revolving line of credit | ||||||||||||||||||||||||
300,000 | - | - | - | 0 | - | - | - | - | 0 | 0 | 0 | 15,000 | 0 | 85,000 | 15,000 | 0 | - | - | - | - | - | - | - | - |
Repayments of revolving line of credit | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 15,000 | 25,000 | 0 | 60,000 | 15,000 | 30,000 | 15,000 | 0 | 0 | 0 | - | - | - | - |
Payments of contingent consideration related to business combinations | ||||||||||||||||||||||||
26,592 | 0 | 170 | 0 | 8 | 23,102 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments of finance leases | ||||||||||||||||||||||||
4,674 | 5,064 | 4,752 | 3,403 | 1,274 | 2,759 | 3,801 | 4,384 | 4,479 | 4,559 | 3,586 | 0 | 0 | - | - | - | - | 54 | 57 | 142 | 199 | 225 | 842 | 800 | 813 |
Payments for repurchases of common stock | ||||||||||||||||||||||||
32,029 | 0 | 7,045 | 23,055 | 26,616 | 0 | 0 | 37,492 | 37,493 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from exercises of stock options | ||||||||||||||||||||||||
12,358 | 647 | 15,298 | 4,653 | 19,724 | 3,779 | 10,584 | 1,790 | 5,668 | 2,287 | 10,797 | 1,098 | 5,153 | 3,476 | 5,290 | 5,566 | 3,559 | 2,598 | 1,058 | 0 | 0 | - | - | - | - |
Payments related to tax withholdings for share-based compensation | ||||||||||||||||||||||||
19,145 | 632 | 740 | 224 | 11,539 | 147 | 829 | 60 | 2,323 | 1,433 | 4,212 | 6 | 1,173 | 14 | 788 | 26 | 11 | 33 | 2,517 | 644 | 0 | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 125 | 125 | 125 |
Net cash provided by (used in) financing activities | ||||||||||||||||||||||||
229,918 | -91,584 | -23,970 | -73,577 | -26,338 | -72,679 | -66,983 | -109,817 | -69,877 | -55,880 | 1,810,176 | -13,908 | -6,020 | 3,462 | -35,866 | 5,540 | -26,452 | -102,015 | -1,991 | -106,131 | -1,262 | -59,485 | -890 | -932 | -6,391 |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||||||||||||||||||
-420 | -12,690 | 305 | -4,287 | 3,078 | -6,809 | 3,309 | -6,278 | 5,127 | 233 | 4,195 | 1,834 | 2,854 | -3,623 | 1,486 | -5,111 | 42 | -3,137 | -2,380 | -552 | -7,603 | -6,172 | -988 | 1,451 | -706 |
Net change in cash, cash equivalents, and restricted cash | ||||||||||||||||||||||||
172,271 | 34,485 | 21,948 | -665 | -48,011 | 21,328 | -39,115 | -15,236 | -133,021 | 16,448 | 135,238 | 5,250 | 61,962 | -322 | 11,032 | 38,735 | -31,830 | -51,080 | 37,580 | -57,838 | 29,896 | -59,350 | 30,254 | 41,390 | 17,187 |
Supplemental disclosures of non-cash investing activities: | ||||||||||||||||||||||||
Purchases of property and equipment included in liabilities | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -2,404 | 1,353 | 1,757 | - | - | - | - | - | - | - | - | - | - | - | - |
Vehicles acquired through capital lease agreements | ||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 7,101 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |