|
Depreciation expense
|
|
$467k
|
$353k
|
$2.7m
|
$6.2m
|
$7.6m
|
$6.5m
|
$8.3m
|
|
Amortization expense
|
|
$5.8m
|
$6.4m
|
$14.0m
|
$14.2m
|
$11.5m
|
$11.0m
|
$9.4m
|
|
Amortization of debt issuance costs
|
|
$0
|
$0
|
$596k
|
$647k
|
$624k
|
$597k
|
$761k
|
|
Deferred income taxes, net
|
|
($1.7m)
|
($2.9m)
|
($12.0m)
|
($4.1m)
|
($745k)
|
$1.5m
|
$41k
|
|
Goodwill impairment
|
|
—
|
$0
|
$0
|
$173.8m
|
$68.5m
|
$0
|
$0
|
|
Non-cash operating lease expense
|
|
$0
|
$0
|
$6.2m
|
$9.8m
|
$7.8m
|
$9.0m
|
$13.6m
|
|
Right-of-use asset additions under operating leases
|
|
$233k
|
$2.7m
|
$4.1m
|
$22.2m
|
$8.4m
|
$38.5m
|
$30.4m
|
|
Net loss
|
|
—
|
—
|
($6.1m)
|
($176.7m)
|
($98.9m)
|
($26.0m)
|
($31.4m)
|
|
Lease incentives
|
|
$0
|
$0
|
$361k
|
$1.7m
|
$1.6m
|
$0
|
$3.6m
|
|
Loss on disposal of businesses
|
|
—
|
—
|
$0
|
$0
|
$1.5m
|
$673k
|
$600k
|
|
Equity-based compensation
|
|
$353k
|
$1.4m
|
$8.0m
|
$6.7m
|
$7.6m
|
$8.0m
|
$7.0m
|
|
Accounts receivable, net
|
|
($47k)
|
($833k)
|
($858k)
|
($602k)
|
($1.3m)
|
($3.3m)
|
($2.3m)
|
|
Inventory
|
|
($15.1m)
|
($9.4m)
|
($32.1m)
|
($16.3m)
|
$32.1m
|
($10.7m)
|
$12.1m
|
|
Prepaid expenses and other current assets
|
|
($2.7m)
|
$20k
|
($11.5m)
|
$6.1m
|
($2.8m)
|
$1.5m
|
$4.3m
|
|
Accounts payable
|
|
$5.1m
|
($2.8m)
|
$6.0m
|
($1.9m)
|
$7.5m
|
$2.4m
|
$811k
|
|
Income taxes payable
|
|
($1.6m)
|
$3.7m
|
($9.3m)
|
($2.4m)
|
$6.2m
|
$778k
|
($802k)
|
|
Accrued liabilities
|
|
$6.5m
|
$8.6m
|
$26.7m
|
($7.4m)
|
($14.0m)
|
$7.1m
|
$1.8m
|
|
Sales returns reserve
|
|
—
|
—
|
—
|
($2.7m)
|
$5.6m
|
($1.8m)
|
$220k
|
|
Deferred revenue
|
|
$1.1m
|
$1.5m
|
$7.2m
|
$267k
|
$522k
|
$856k
|
$202k
|
|
Lease liabilities
|
|
($161k)
|
($55k)
|
($5.9m)
|
($8.4m)
|
($7.7m)
|
($7.6m)
|
($11.8m)
|
|
Purchases of intangible assets
|
|
($372k)
|
($451k)
|
($841k)
|
($247k)
|
($61k)
|
($2k)
|
$0
|
|
Purchases of property and equipment
|
|
($1.0m)
|
($1.3m)
|
($7.7m)
|
($19.7m)
|
($6.0m)
|
($11.6m)
|
($17.1m)
|
|
Proceeds from line of credit
|
|
$0
|
$10.9m
|
$34.1m
|
$40.0m
|
$11.5m
|
$49.5m
|
$40.9m
|
|
Repayment of line of credit
|
|
($1.6m)
|
($10.1m)
|
($42.2m)
|
$0
|
($51.5m)
|
($26.2m)
|
($35.6m)
|
|
Proceeds from issuances under equity-based compensation plans
|
|
—
|
$0
|
$0
|
$227k
|
$162k
|
$224k
|
$237k
|
|
Repurchase of shares
|
|
—
|
—
|
$0
|
$0
|
($2.1m)
|
($1.5m)
|
($2.0m)
|
|
Restricted cash, included in other assets
|
|
—
|
—
|
—
|
$0
|
$0
|
$1.7m
|
$2.0m
|
|
Property and equipment expenditures included in accounts payable and accrued liabilities
|
|
$0
|
$0
|
$1.1m
|
$0
|
$0
|
$773k
|
$239k
|
|
Net cash provided by operating activities
|
|
$511k
|
$21.7m
|
$24.0m
|
($319k)
|
$33.4m
|
$669k
|
$16.4m
|
|
Net cash used in investing activities
|
|
($21.8m)
|
($2.4m)
|
($278.1m)
|
($25.3m)
|
($6.0m)
|
($11.6m)
|
($17.1m)
|
|
Payments of debt issuance costs
|
|
—
|
$0
|
($254.1m)
|
($121k)
|
$0
|
$0
|
($1.4m)
|
|
Proceeds from issuance of debt, net of issuance costs
|
|
$0
|
$0
|
$254.1m
|
$121k
|
$0
|
$0
|
$13.8m
|
|
Repayment of debt
|
|
$0
|
$0
|
($155.8m)
|
($5.6m)
|
($10.7m)
|
($5.4m)
|
($19.4m)
|
|
Net cash (used in) provided by financing activities
|
|
$20.6m
|
$1.2m
|
$269.9m
|
$33.3m
|
($52.8m)
|
$15.5m
|
($4.4m)
|
|
Effect of exchange rate changes on cash, cash equivalents and restricted cash
|
|
$482k
|
$735k
|
($1.8m)
|
($272k)
|
$1.1m
|
($2.1m)
|
$1.1m
|
|
Net change in cash, cash equivalents and restricted cash
|
|
($252k)
|
$21.3m
|
$13.9m
|
$7.4m
|
($24.3m)
|
$2.5m
|
($4.0m)
|
|
Cash, cash equivalents and restricted cash at beginning of year
|
|
$5.8m
|
$27.1m
|
$41.0m
|
$48.4m
|
$24.0m
|
$26.5m
|
$22.5m
|
|
Cash and cash equivalents
|
|
$5.5m
|
$26.3m
|
$38.8m
|
$46.3m
|
$21.9m
|
$24.2m
|
$20.3m
|
|
Restricted cash, included in prepaid expenses and other current assets
|
|
$319k
|
$840k
|
$2.2m
|
$2.1m
|
$2.2m
|
$577k
|
$232k
|
|
Interest paid
|
|
$334k
|
$278k
|
$7.9m
|
$6.3m
|
$10.5m
|
$9.8m
|
$7.8m
|
|
Taxes paid related to net share settlement of equity awards
|
|
$4.4m
|
$0
|
$0
|
($104k)
|
($191k)
|
($1.1m)
|
($944k)
|
|
Income tax paid (refund received), net
|
|
$4.4m
|
$4.9m
|
$20.6m
|
$2.3m
|
($4.0m)
|
$2.1m
|
$2.6m
|