Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
| Cash flows from operating activities |
|
|
|
| Net loss |
$ (22,572)
|
$ (85,378)
|
$ (11,521)
|
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
73,938
|
85,722
|
91,474
|
| Accretion of contract rights under development agreements and placement fees |
6,516
|
7,421
|
6,378
|
| Amortization of deferred loan costs and discount |
4,677
|
3,656
|
1,917
|
| Stock-based compensation expense |
14,643
|
8,457
|
9,001
|
| Provision for bad debts |
235
|
2,694
|
294
|
| Loss on disposition of long-lived assets |
590
|
2,399
|
1,068
|
| Impairment of assets |
2,257
|
134
|
5,343
|
| Fair value adjustment of contingent consideration |
(56)
|
796
|
501
|
| Benefit from deferred income tax |
(175)
|
(1,671)
|
(1,927)
|
| Changes in assets and liabilities related to operations: |
|
|
|
| Accounts receivable |
(8,133)
|
16,469
|
(15,033)
|
| Inventories |
1,577
|
10,099
|
490
|
| Prepaid expenses |
(1,332)
|
(1,264)
|
715
|
| Deposits and other |
(3,516)
|
517
|
(449)
|
| Other assets, non-current |
3,789
|
3,367
|
6,565
|
| Accounts payable and accrued liabilities |
5,894
|
(17,248)
|
(6,827)
|
| Net cash provided by operating activities |
78,332
|
36,170
|
87,989
|
| Cash flows from investing activities |
|
|
|
| Issuance of customer notes receivable |
0
|
(4,690)
|
(2,382)
|
| Proceeds from payments on customer notes receivable |
1,362
|
1,087
|
0
|
| Business acquisitions, net of cash acquired |
0
|
0
|
(54,935)
|
| Purchase of intangible assets |
0
|
(1,756)
|
(6,295)
|
| Software development and other expenditures |
(15,432)
|
(11,017)
|
(14,350)
|
| Proceeds from disposition of assets |
35
|
32
|
450
|
| Purchases of property and equipment |
(36,102)
|
(22,939)
|
(50,420)
|
| Net cash used in investing activities |
(50,137)
|
(39,283)
|
(127,932)
|
| Cash flows from financing activities |
|
|
|
| Borrowing on revolver |
0
|
30,000
|
0
|
| Repayment of revolver |
0
|
(30,000)
|
0
|
| Payments on finance leases and other obligations |
(1,321)
|
(1,185)
|
(1,396)
|
| Payment of deferred loan costs |
(848)
|
(5,744)
|
0
|
| Payment of financed placement fee obligations |
(4,959)
|
(6,933)
|
(8,215)
|
| Payment of previous acquisition obligation |
(534)
|
(381)
|
(1,748)
|
| Proceeds from stock option exercise |
0
|
158
|
685
|
| Repurchase of stock |
(906)
|
(560)
|
(1,320)
|
| Distributions to non-controlling interest owners |
0
|
0
|
(302)
|
| Net cash (used in) provided by financing activities |
(14,905)
|
71,643
|
(17,683)
|
| Effect of exchange rates on cash, cash equivalents and restricted cash |
(2)
|
(3)
|
4
|
| Net Increase (decrease) in cash, cash equivalents and restricted cash |
13,288
|
68,527
|
(57,622)
|
| Cash, cash equivalents and restricted cash, beginning of period |
81,709
|
13,182
|
70,804
|
| Cash, cash equivalents and restricted cash, end of period |
94,997
|
81,709
|
13,182
|
| Supplemental cash flow information: |
|
|
|
| Cash paid during the period for interest |
39,268
|
37,749
|
33,567
|
| Cash paid during the period for taxes |
544
|
423
|
1,548
|
| Non-cash investing and financing activities: |
|
|
|
| Intangible assets obtained under placement fee arrangements |
0
|
0
|
40,338
|
| Leased assets obtained in exchange for new finance lease liabilities |
317
|
425
|
1,326
|
| Leased assets obtained in exchange for new operating lease liabilities |
4,686
|
84
|
13,048
|
| Incremental Term Loans [Member] |
|
|
|
| Cash flows from financing activities |
|
|
|
| Proceeds from incremental term loans |
0
|
92,150
|
0
|
| Repayment of long-term debt |
(950)
|
(475)
|
0
|
| First Lien Credit Facilities [Member] |
|
|
|
| Cash flows from financing activities |
|
|
|
| Repayment of long-term debt |
$ (5,387)
|
$ (5,387)
|
$ (5,387)
|