|
Net income
|
|
$9.5m
|
$8.5m
|
$31.5m
|
$9.1m
|
$6.2m
|
$10.2m
|
$11.4m
|
$15.4m
|
|
Depreciation and amortization
|
|
$3.8m
|
$6.4m
|
$9.6m
|
$11.3m
|
$15.6m
|
$21.9m
|
$25.4m
|
$28.6m
|
|
Amortization of deferred financing costs
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$187k
|
$228k
|
|
Deferred income tax expense (benefit)
|
|
—
|
$0
|
($8.7m)
|
$3.9m
|
$1.7m
|
($1.4m)
|
($3.8m)
|
$3.1m
|
|
Distributions of earnings received from equity method investments
|
|
—
|
—
|
$0
|
$416k
|
$1.1m
|
$980k
|
$147k
|
$0
|
|
Income from equity method investments
|
|
—
|
$110k
|
($91k)
|
($1.2m)
|
($935k)
|
($485k)
|
($261k)
|
$0
|
|
Loss (gain) on disposal of property and equipment
|
|
$54k
|
$360k
|
($2.3m)
|
$448k
|
$346k
|
$645k
|
($1.9m)
|
($2.2m)
|
|
Investment in equity investments
|
|
—
|
$0
|
($629k)
|
($599k)
|
($141k)
|
($20k)
|
($1.0m)
|
$0
|
|
Net non-cash changes to operating lease
|
|
$22.4m
|
$19.1m
|
$35.1m
|
$712k
|
$530k
|
($41k)
|
$0
|
$0
|
|
Stock-based compensation expense
|
|
$2.7m
|
$3.9m
|
$4.9m
|
$5.2m
|
$5.2m
|
$5.8m
|
$6.3m
|
$9.1m
|
|
Loss (income) from debt investment
|
|
—
|
—
|
—
|
—
|
$0
|
($219k)
|
$1.3m
|
$0
|
|
Accounts receivable, net
|
|
($5.3m)
|
($12.5m)
|
($10.0m)
|
($7.3m)
|
($12.6m)
|
($1.1m)
|
($6.1m)
|
$1.2m
|
|
Inventory
|
|
($1.3m)
|
($306k)
|
($2.3m)
|
($212k)
|
$301k
|
($472k)
|
$574k
|
$59k
|
|
Prepaid expenses and other assets
|
|
($473k)
|
($623k)
|
($812k)
|
($226k)
|
($2.8m)
|
$2.2m
|
$544k
|
($503k)
|
|
Trade payables
|
|
$2.5m
|
$783k
|
$213k
|
$133k
|
($318k)
|
($859k)
|
$359k
|
$479k
|
|
Deferred revenue
|
|
$807k
|
$725k
|
$94k
|
$344k
|
$871k
|
$851k
|
$364k
|
$359k
|
|
Accrued liabilities
|
|
$3.6m
|
$2.5m
|
$2.3m
|
($4.0m)
|
$2.5m
|
$5.0m
|
$2.9m
|
$255k
|
|
Income tax payable/receivable
|
|
$10k
|
($66k)
|
$254k
|
($2.2m)
|
$1.9m
|
$2.2m
|
$1.7m
|
($4.1m)
|
|
Purchase of property and equipment
|
|
($6.1m)
|
($13.4m)
|
($13.0m)
|
($19.7m)
|
($22.9m)
|
($26.1m)
|
($37.8m)
|
($40.0m)
|
|
Cash paid for acquisitions, net of cash acquired
|
|
—
|
—
|
—
|
—
|
$0
|
($28.6m)
|
($3.0m)
|
($26.3m)
|
|
Proceeds from sale of property and equipment
|
|
$813k
|
$574k
|
$5.3m
|
$596k
|
$1.1m
|
$2.6m
|
$10.3m
|
$16.2m
|
|
Proceeds from exercise of options
|
|
$0
|
$136k
|
$1.9m
|
$112k
|
$283k
|
$1.3m
|
$1.0m
|
$1.4m
|
|
Proceeds from term notes
|
|
$0
|
$4.8m
|
—
|
—
|
$0
|
$5.0m
|
$0
|
$9.0m
|
|
Principal payments on term notes
|
|
$0
|
$67k
|
($142k)
|
($152k)
|
($4.5m)
|
($3.7m)
|
($1.1m)
|
($730k)
|
|
Proceeds from revolving credit facilities
|
|
—
|
—
|
—
|
—
|
$0
|
$8.0m
|
$3.0m
|
$13.0m
|
|
Principal payments on revolving credit facilities
|
|
—
|
—
|
—
|
—
|
$0
|
($7.0m)
|
($5.0m)
|
($13.0m)
|
|
Shares redeemed to pay income tax
|
|
—
|
—
|
—
|
($1.4m)
|
($143k)
|
($594k)
|
($1.1m)
|
($1.7m)
|
|
Shares repurchased under the share repurchase program
|
|
($1.6m)
|
($1.5m)
|
$0
|
($1.4m)
|
($9.6m)
|
$0
|
$0
|
($13.2m)
|
|
Repayments of finance lease liabilities
|
|
—
|
—
|
—
|
—
|
$42k
|
$157k
|
$338k
|
($50k)
|
|
Distributions to non-controlling interest
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($36k)
|
($374k)
|
|
Equipment and other fixed asset purchases payable at end of period
|
|
$6.1m
|
$13.4m
|
$13.0m
|
$19.7m
|
$739k
|
$1.4m
|
$2.2m
|
$3.2m
|
|
Equipment sales receivable at end of period
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$2.8m
|
$0
|
|
Non-cash consideration received for sale of debt security
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$125k
|
$0
|
|
Net cash provided by operating activities
|
|
$22.4m
|
$19.1m
|
$35.1m
|
$22.5m
|
$27.7m
|
$45.2m
|
$39.1m
|
$51.9m
|
|
Net cash used in investing activities
|
|
($5.3m)
|
($12.8m)
|
($8.4m)
|
($19.7m)
|
($24.0m)
|
($52.1m)
|
($30.7m)
|
($50.2m)
|
|
Proceeds from sale of debt security
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$750k
|
$0
|
|
Payments for debt issuance costs
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($192k)
|
($115k)
|
|
Non-cash change in debt from the reclassification of debt issuance costs
|
|
—
|
—
|
—
|
—
|
$0
|
($594k)
|
$0
|
$0
|
|
Net cash provided by (used in) financing activities
|
|
($11.8m)
|
($3.3m)
|
($9.1m)
|
($5.3m)
|
($15.3m)
|
$2.8m
|
($3.7m)
|
($5.8m)
|
|
Net increase (decrease) in cash and cash equivalents
|
|
$5.3m
|
$2.9m
|
$17.6m
|
($2.6m)
|
($11.5m)
|
($4.1m)
|
$4.7m
|
($4.0m)
|
|
Cash and cash equivalents at beginning of year
|
|
$10.4m
|
$13.4m
|
$31.0m
|
$28.4m
|
$16.9m
|
$12.8m
|
$17.5m
|
$13.5m
|
|
Cash paid during the period for interest
|
|
$193k
|
$333k
|
$559k
|
$351k
|
$231k
|
$851k
|
$950k
|
$874k
|
|
Cash paid during the period for income taxes, net of refunds
|
|
$151k
|
$338k
|
$3.3m
|
$1.8m
|
($846k)
|
$3.6m
|
$6.8m
|
$7.4m
|