Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (7,289) $ (6,085)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,507 9,450
Share-based compensation 698 807
Interest income (112) (157)
Loss on asset dispositions, net 34 124
Debt discount amortization 72 67
Amortization of deferred financing costs 246 239
Foreign currency losses, net 1,648 126
Deferred income tax (benefit) expense (1,809) (3,533)
Equity earnings, net of tax 0 975
Changes in operating assets and liabilities:    
(Increase) decrease in receivables (1,440) 493
(Increase) decrease in prepaid expenses and other assets (743) (452)
Decrease (increase) in accounts payable, accrued expenses and other liabilities (2,944) 581
Net cash provided by (used in) operating activities (2,132) 2,635
Cash flows from investing activities:    
Purchases of property and equipment (400) (1,312)
Purchase of investments 0 (5,000)
Principal payments on notes due from equity investees 0 2,334
Principal payments on third party notes receivable 55 104
Net cash used in investing activities (345) (3,874)
Cash flows from financing activities:    
Payments on long-term debt (416) (542)
Proceeds from share award plans 0 590
Purchase of treasury shares (561) (5)
Net cash provided by (used in) financing activities (977) 43
Effects of exchange rate changes on cash and cash equivalents (394) 55
Net decrease in cash, cash equivalents and restricted cash (3,848) (1,141)
Cash, cash equivalents and restricted cash, beginning of period 117,366 50,753
Cash, cash equivalents and restricted cash, end of period 113,518 49,612
Supplemental cash flow information:    
Cash paid for interest 332 353
Cash paid for income taxes $ 2,300 $ 14