| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||||
Net income | ||||||||||||
22,000 | 64,000 | 46,000 | 26,000 | 21,000 | 44,000 | 57,000 | 22,000 | 39,000 | 92,000 | 57,000 | 48,000 | 33,000 |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
25,000 | 28,000 | 25,000 | 27,000 | 29,000 | 28,000 | 30,000 | 22,000 | 19,000 | 19,000 | 19,000 | 19,000 | 18,000 |
Deferred income taxes | ||||||||||||
2,000 | -2,000 | -6,000 | -9,000 | 3,000 | 11,000 | -6,000 | -7,000 | 2,000 | -104,000 | 2,000 | 2,000 | 9,000 |
Stock-based compensation | ||||||||||||
4,000 | 5,000 | 4,000 | 6,000 | 5,000 | 8,000 | 13,000 | 4,000 | 0 | - | - | - | - |
Net change in assets and liabilities: | ||||||||||||
Trade receivables | ||||||||||||
5,000 | -35,000 | -9,000 | 52,000 | 3,000 | -14,000 | 43,000 | 12,000 | 14,000 | -17,000 | 6,000 | 8,000 | 13,000 |
Prepaid expenses | ||||||||||||
6,000 | 2,000 | -14,000 | 6,000 | 14,000 | -1,000 | -5,000 | -8,000 | 13,000 | 3,000 | 1,000 | -1,000 | 2,000 |
Other current assets | ||||||||||||
8,000 | -23,000 | -6,000 | 21,000 | 1,000 | 3,000 | 3,000 | 3,000 | 13,000 | -2,000 | -4,000 | 1,000 | 5,000 |
Accounts payable, accrued expenses and other current liabilities | ||||||||||||
-14,000 | -85,000 | 69,000 | 1,000 | -13,000 | 3,000 | 50,000 | 28,000 | 4,000 | 22,000 | 10,000 | 4,000 | -12,000 |
Deferred income | ||||||||||||
-2,000 | 32,000 | -15,000 | 24,000 | -8,000 | 26,000 | -7,000 | -17,000 | -5,000 | 37,000 | -8,000 | -9,000 | -5,000 |
Payments of development advance notes | ||||||||||||
3,000 | 9,000 | 2,000 | 2,000 | 6,000 | 16,000 | 10,000 | 6,000 | -5,000 | 7,000 | 1,000 | -1,000 | 1,000 |
Other, net | ||||||||||||
-2,000 | -7,000 | 4,000 | -5,000 | 6,000 | 0 | -17,000 | -1,000 | 8,000 | -3,000 | 4,000 | 0 | -1,000 |
Net cash provided by operating activities | ||||||||||||
17,000 | 91,000 | 146,000 | -144,000 | 7,000 | 130,000 | 68,000 | 17,000 | 16,000 | 126,000 | 72,000 | 57,000 | 23,000 |
Investing activities | ||||||||||||
Property and equipment additions | ||||||||||||
7,000 | 15,000 | 10,000 | 16,000 | 9,000 | 18,000 | 22,000 | 19,000 | 14,000 | 19,000 | 10,000 | 12,000 | 5,000 |
Loan advances | ||||||||||||
- | - | - | - | - | 20,000 | 1,000 | -14,000 | 0 | - | - | - | - |
Insurance proceeds | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 14,000 | 11,000 | 0 | 0 | 0 |
Other, net | ||||||||||||
0 | - | - | -2,000 | 2,000 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||
-7,000 | -16,000 | -10,000 | -16,000 | -11,000 | -31,000 | -25,000 | -1,672,000 | 0 | -150,000 | -29,000 | -13,000 | -5,000 |
Financing activities | ||||||||||||
Proceeds from borrowings | ||||||||||||
744,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Net transfer to former Parent | ||||||||||||
- | - | - | - | - | 0 | 0 | 24,000 | 14,000 | -32,000 | 30,000 | 41,000 | 20,000 |
Proceeds from borrowings from former Parent | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 13,000 | 7,000 | -4,000 | 0 | 6,000 |
Finance lease payments | ||||||||||||
1,000 | - | 2,000 | 1,000 | 1,000 | - | 1,000 | 1,000 | 0 | - | - | - | - |
Principal payments on long-term debt | ||||||||||||
-14,000 | 28,000 | -4,000 | -4,000 | -4,000 | -2,096,000 | 0 | 2,100,000 | 0 | - | - | - | - |
Payments of Ordinary Dividends, Common Stock | ||||||||||||
30,000 | 28,000 | 28,000 | 28,000 | 28,000 | 25,000 | 25,000 | 27,000 | 0 | - | - | - | - |
Repurchases of common stock | ||||||||||||
50,000 | 74,000 | 73,000 | 50,000 | 45,000 | 60,000 | 46,000 | 11,000 | 0 | - | - | - | - |
Net share settlement of incentive equity awards | ||||||||||||
2,000 | 0 | 1,000 | 4,000 | 0 | - | - | - | - | - | - | - | - |
Net cash provided by/(used in) financing activities | ||||||||||||
647,000 | -116,000 | -108,000 | -18,000 | -78,000 | -116,000 | -72,000 | 1,997,000 | -1,000 | 39,000 | -34,000 | -42,000 | -14,000 |
Effect of changes in exchange rates on cash, cash equivalents and restricted cash | ||||||||||||
-2,000 | 1,000 | -1,000 | 1,000 | 0 | -4,000 | 0 | 1,000 | -1,000 | 0 | 0 | -1,000 | 0 |
Net increase/(decrease) in cash, cash equivalents and restricted cash | ||||||||||||
655,000 | -40,000 | 27,000 | -177,000 | -82,000 | -21,000 | -29,000 | 343,000 | 14,000 | 15,000 | 9,000 | 1,000 | 4,000 |