v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (80,762) $ (43,114)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 23,816 24,757
Non-cash interest 3,010 843
Amortization of deferred financing costs 405 43
Losses from investments in investees 1,854 2,456
Equity-based compensation – employees and non-employees 4,457 5,936
Loss (gain) on disposal of fixed assets 284 (261)
Change in fair value of equity securities and derivative instruments (1,825) (3,101)
Change in fair value of contingent consideration 4,806 1,759
Asset impairment charges 655 0
Deferred income tax benefit (352) (2,709)
Changes in assets and liabilities, net of the effects of acquisitions:    
Accounts receivable, net (439) 6,757
Inventory, net (2,475) 204
Other current assets and prepaid expenses (46) 5,445
Other assets (243) (131)
Accounts payable 3,713 (10,206)
Foreign currency measurement (23) (11)
Contract liabilities (18,073) (15,358)
Accrued expenses and other liabilities 12,250 (8,829)
Net cash used in operating activities (48,988) (35,520)
Cash flows from investing activities:    
Investments in investees (1,200) (1,000)
Proceeds from sale of equity securities 0 1,286
Purchase of marketable securities 0 0
Proceeds from the sale of property, plant and equipment 0 541
Capital expenditures (2,932) (5,973)
Net cash used in investing activities (4,132) (5,146)
Cash flows from financing activities:    
Issuance of convertible notes, including to related parties 200,293 55,000
Debt issuance costs (7,762) 0
Proceeds from the exercise of Common Stock options and warrants (3) 0
Borrowings on lines of credit 35,460 6,611
Repayments of lines of credit (35,313) (12,420)
Redemption of 2033 Senior Notes (28,800) 0
Net cash provided by financing activities 163,875 49,191
Effect of exchange rate changes on cash and cash equivalents 22 (81)
Net decrease in cash and cash equivalents 110,777 8,444
Cash and cash equivalents at beginning of period 96,473 91,499
Cash and cash equivalents at end of period 207,250 99,943
SUPPLEMENTAL INFORMATION:    
Interest paid 511 641
Income taxes paid, net of refunds 1,022 2,292
Operating lease right-of-use assets due to adoption of ASU No. 2016-02 33,277  
Operating lease liabilities due to adoption of ASU No. 2016-02 33,744  
Shares issued upon the conversion of:    
Common Stock options and warrants, surrendered in net exercise $ 20 $ 0

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