v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (1,712) $ (202,575)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 65,295 71,281
Non-cash interest 7,639 4,558
Amortization of deferred financing costs 626 506
Losses from investments in investees 433 2,419
Equity-based compensation – employees and non-employees 6,777 11,007
Realized loss (gain) on disposal of fixed assets and sales of equity securities (10,172) 1,455
Change in fair value of equity securities and derivative instruments 1,253 17,178
Change in fair value of contingent consideration 1,334 (78)
Impairment of assets 0 655
Deferred income tax provision 1,974 2,065
Changes in assets and liabilities:    
Accounts receivable, net (107,255) 3,257
Inventory, net (60,565) (9,543)
Other current assets and prepaid expenses 13,111 (2,556)
Other assets (270) 240
Accounts payable 3,261 30,597
Foreign currency measurement (782) 147
Contract liabilities (4,717) (56,860)
Accrued expenses and other liabilities 88,988 (238)
Net cash provided by (used in) operating activities 5,218 (126,485)
Cash flows from investing activities:    
Investments in investees 0 (1,200)
Proceeds from sale of investments 15,110 0
Proceeds from the sale of property, plant and equipment 192 552
Capital expenditures (26,885) (8,866)
Net cash used in investing activities (11,583) (9,514)
Cash flows from financing activities:    
Issuance of convertible notes, including to related parties 0 200,293
Debt issuance costs 0 (7,762)
Proceeds from the exercise of common stock options and warrants 669 (3)
Borrowings on lines of credit 699,079 99,353
Repayments of lines of credit (742,932) (158,477)
Redemption of 2033 Senior Notes 0 (28,800)
Net cash (used in) provided by financing activities (43,184) 104,604
Effect of exchange rate changes on cash and cash equivalents 391 (411)
Net decrease in cash and cash equivalents (49,158) (31,806)
Cash and cash equivalents at beginning of period 85,452 96,473
Cash and cash equivalents at end of period 36,294 64,667
SUPPLEMENTAL INFORMATION:    
Interest paid 10,657 11,084
Income taxes paid, net of refunds 148 3,103
Operating lease right-of-use assets due to adoption of ASU No. 2016-02 0 35,826
Operating lease liabilities due to adoption of ASU No. 2016-02 0 36,239
Shares issued upon the conversion of:    
Common stock options and warrants, surrendered in net exercise $ 0 $ 20

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