| Dec'18 | Dec'17 | |||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net (loss) income | ||||||
10,537 | 9,448 | |||||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
10,421 | 7,456 | |||||
Stock based compensation | ||||||
796 | 622 | |||||
Amortization of debt issuance costs | ||||||
407 | 239 | |||||
Loss on unamortized deferred loan costs | ||||||
- | -753 | |||||
Loss on disposal of property and equipment | ||||||
-16 | -7 | |||||
Gain on change in contingent consideration | ||||||
-1,103 | - | |||||
Provision for (reduction in) bad debt expense | ||||||
- | -2 | |||||
Change in accounts receivable | ||||||
1,534 | 1,049 | |||||
Change in prepaid expenses and other | ||||||
394 | 95 | |||||
Change in accounts payable | ||||||
1,502 | 90 | |||||
Change in accrued expenses and other | ||||||
3,526 | 3,672 | |||||
Net cash provided by (used in) operating activities | ||||||
24,176 | 21,143 | |||||
Cash flows from investing activities | ||||||
Purchases of property and equipment | ||||||
913 | 448 | |||||
Purchases of software | ||||||
4,884 | 2,988 | |||||
Net cash used in investing activities | ||||||
-5,797 | -3,437 | |||||
Cash flows from financing activities | ||||||
Change in line of credit | ||||||
3,000 | 500 | |||||
Issuance of long-term debt | ||||||
- | 58,873 | |||||
Payments on long-term debt | ||||||
4,900 | 50,850 | |||||
Private placement issuance of Class A Common Stock | ||||||
- | -10,000 | |||||
Distributions to Members | ||||||
6,307 | 5,479 | |||||
Payment of loan costs | ||||||
- | 2,037 | |||||
Net cash provided by (used in) financing activities | ||||||
-8,207 | -8,993 | |||||
Increase (decrease) in cash, cash equivalents and restricted cash | ||||||
10,170 | 8,712 | |||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||||
Cash paid during the year for: | ||||||
Interest | ||||||
5,665 | 5,467 | |||||
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | ||||||
Wildcat Acquisition, LLC | ||||||
Acquisition in exchange for contingent consideration | ||||||
- | 4,829 | |||||
Marlin Acquirer, LLC | ||||||
Acquisition in exchange for contingent consideration | ||||||
- | 34,297 | |||||