|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
($49.0m)
|
($45.5m)
|
($55.5m)
|
($53.8m)
|
($98.8m)
|
($146.3m)
|
($124.7m)
|
($149.3m)
|
$25.5m
|
$23.4m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
($49.0m)
|
($45.5m)
|
($55.5m)
|
($53.8m)
|
($98.8m)
|
($146.3m)
|
($124.7m)
|
($149.3m)
|
$25.5m
|
$23.4m
|
|
Depreciation, Depletion and Amortization
|
|
$6.7m
|
$7.6m
|
$11.1m
|
$16.5m
|
$22.6m
|
$33.5m
|
$41.0m
|
$45.9m
|
$44.9m
|
$45.4m
|
|
Amortization of Debt Issuance Costs and Discounts
|
|
$0
|
$0
|
$3.8m
|
$10.5m
|
$17.5m
|
$4.0m
|
$4.1m
|
$4.1m
|
$4.4m
|
$4.2m
|
|
Amortization of Intangible Assets
|
|
$2.4m
|
$2.8m
|
$4.6m
|
$7.5m
|
$11.6m
|
$21.2m
|
$27.5m
|
$31.9m
|
$33.8m
|
$35.7m
|
|
Capitalized Computer Software, Amortization
|
|
—
|
$800k
|
$1.7m
|
$4.3m
|
$5.4m
|
$10.7m
|
$19.0m
|
—
|
—
|
—
|
|
Depreciation
|
|
$4.3m
|
$4.8m
|
$6.5m
|
$9.0m
|
$11.0m
|
$12.3m
|
$13.6m
|
$14.0m
|
$11.1m
|
$9.8m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$75k
|
($2.9m)
|
($12k)
|
($582k)
|
$707k
|
$430k
|
($1.4m)
|
($5.6m)
|
$791k
|
($1.7m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$17.3m
|
$19.5m
|
$27.6m
|
$40.7m
|
$63.9m
|
$102.6m
|
$119.9m
|
$108.1m
|
$108.0m
|
$104.3m
|
|
Payment, Tax Withholding, Share-based Payment Arrangement
|
|
$4.1m
|
$698k
|
$2.2m
|
$7.0m
|
$8.9m
|
$16.0m
|
$7.5m
|
$5.6m
|
$4.7m
|
$3.0m
|
|
Share-based Payment Arrangement, Expense
|
|
$17.3m
|
$19.5m
|
$27.6m
|
$40.7m
|
$63.9m
|
$102.6m
|
$119.9m
|
$108.1m
|
$108.0m
|
$104.3m
|
|
Goodwill, Impairment Loss
|
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
—
|
—
|
|
Impairment of Intangible Assets, Finite-lived
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.5m
|
—
|
—
|
|
Operating Lease, Impairment Loss
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$22.2m
|
—
|
—
|
|
Income Tax Expense (Benefit)
|
|
($27k)
|
($2.2m)
|
$466k
|
$42k
|
$2.0m
|
$10.4m
|
$2.4m
|
($518k)
|
$15.9m
|
$6.8m
|
|
Interest Expense Nonoperating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$11.0m
|
$10.4m
|
|
Other Nonoperating Income (Expense)
|
|
($109k)
|
$313k
|
($336k)
|
($433k)
|
($81k)
|
($1.9m)
|
($1.5m)
|
($14.5m)
|
($3.7m)
|
$6.0m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncash investing and financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Accounts Receivable
|
|
$6.2m
|
$25.2m
|
$1.7m
|
$14.8m
|
$24.4m
|
$25.5m
|
$9.1m
|
$14.0m
|
$5.5m
|
($1.7m)
|
|
Increase (Decrease) in Accounts Payable
|
|
$1.6m
|
($2.3m)
|
$3.7m
|
$92k
|
($2.4m)
|
($2.1m)
|
$8.0m
|
$5.4m
|
$2.8m
|
($8.9m)
|
|
Accounts Receivable, Credit Loss Expense (Reversal)
|
|
$931k
|
$905k
|
$740k
|
$2.2m
|
$2.0m
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Stock Options Exercised
|
|
$2.9m
|
$5.8m
|
$7.6m
|
$10.2m
|
$7.8m
|
$4.3m
|
$3.3m
|
$3.1m
|
$1.6m
|
$1.6m
|
|
Purchases of property and equipment, accrued but unpaid
|
|
$4.5m
|
$4.8m
|
$12.8m
|
$29.4m
|
$13.8m
|
$9.0m
|
$20.4m
|
$4.4m
|
$3.4m
|
$7.6m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
($58k)
|
$364k
|
($757k)
|
($200k)
|
—
|
($300k)
|
($1.4m)
|
($1.4m)
|
$600k
|
$900k
|
|
General and Administrative Expense
|
|
$28.3m
|
$30.3m
|
$35.0m
|
$44.7m
|
$59.5m
|
$78.3m
|
$85.0m
|
$84.3m
|
$86.0m
|
$84.9m
|
|
Goodwill
|
|
$75.1m
|
$83.2m
|
$88.4m
|
$97.9m
|
$213.6m
|
$515.3m
|
$515.6m
|
$536.4m
|
$575.3m
|
$575.3m
|
|
Induced Conversion of Convertible Debt Expense
|
|
—
|
—
|
—
|
$0
|
$0
|
$2.7m
|
$0
|
$53.9m
|
$0
|
$0
|
|
Investment Income, Interest
|
|
—
|
—
|
$3.2m
|
$6.0m
|
$1.5m
|
$365k
|
$1.8m
|
$10.2m
|
$21.1m
|
$23.0m
|
|
Operating Expenses
|
|
$166.8m
|
$192.8m
|
$226.0m
|
$281.8m
|
$364.1m
|
$486.5m
|
$582.3m
|
$626.7m
|
$557.9m
|
$593.2m
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$9.1m
|
$13.3m
|
$6.1m
|
($1.4m)
|
$4.9m
|
$53.9m
|
$78.2m
|
$104.3m
|
$171.7m
|
$153.8m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$4.5m
|
$4.8m
|
$12.8m
|
$29.4m
|
$13.8m
|
$9.0m
|
$20.4m
|
$4.4m
|
$3.4m
|
$7.6m
|
|
Payments to Acquire Businesses, Net of Cash Acquired
|
|
—
|
$14.7m
|
$14.5m
|
$14.6m
|
$125.8m
|
$358.4m
|
$0
|
$34.8m
|
$37.3m
|
$0
|
|
Payments to Acquire Investments
|
|
$39.0m
|
$35.2m
|
$233.4m
|
$148.0m
|
$177.1m
|
$93.1m
|
$122.8m
|
$276.8m
|
$242.5m
|
$533.3m
|
|
Payments for (Proceeds from) Other Investing Activities
|
|
—
|
—
|
—
|
—
|
—
|
$3.0m
|
$1.0m
|
($2.7m)
|
($360k)
|
($1.8m)
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
($43.5m)
|
($22.4m)
|
($193.7m)
|
$16.8m
|
($156.3m)
|
($325.4m)
|
($40.0m)
|
($178.8m)
|
($46.5m)
|
($209.4m)
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of Long-term Debt
|
|
—
|
$0
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Proceeds from Issuance of Common Stock
|
|
—
|
—
|
—
|
$0
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$1.2m
|
$7.3m
|
$236.2m
|
$8.8m
|
$200.9m
|
$264.1m
|
$7.4m
|
$79.6m
|
$5.6m
|
($45.5m)
|
|
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($203k)
|
$281k
|
($694k)
|
($331k)
|
$679k
|
($1.3m)
|
($2.8m)
|
$1.2m
|
($2.8m)
|
$5.7m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
($203k)
|
$281k
|
($694k)
|
$23.8m
|
$50.2m
|
($8.6m)
|
$42.8m
|
$6.3m
|
$128.0m
|
($95.4m)
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
|
|
($203k)
|
$281k
|
$99.6m
|
$123.4m
|
$173.6m
|
$165.0m
|
$207.8m
|
$214.1m
|
$342.1m
|
$246.7m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
$5k
|
$0
|
$0
|
$2.8m
|
$5.5m
|
$7.3m
|
$6.7m
|
$4.6m
|
$6.4m
|
$5.8m
|
|
Income Taxes Paid, Net
|
|
$556k
|
$801k
|
$188k
|
$400k
|
$312k
|
$3.3m
|
$1.6m
|
$1.6m
|
$8.9m
|
$7.9m
|