Component: (Network and Table)
Network
00400 - Statement - Consolidated Statements of Cash Flows
(http://www.change-me.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001641614 (http://www.sec.gov/CIK)
Statement of Cash Flows [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Statement of Cash Flows [Abstract]
 
 
 
Operating activities
 
 
 
Net income
5,399,000  
30,863,000  
13,302,000  
Adjustments to reconcile net income to net cash provided by operating activities
 
 
 
Depreciation and amortization expense
16,927,000  
15,995,000  
14,198,000  
Stock-based compensation expense
3,579,000  
9,633,000  
4,534,000  
Impairment of intangible asset
2,700,000  
0  
0  
Amortization of debt issuance costs and debt discount
1,922,000  
5,648,000  
591,000  
Loss on debt modification and extinguishment
 
703,000  
476,000  
Loss on sale of a discontinued operation
 
1,039,000  
 
Excess tax benefits from stock-based compensation
(611,000) 
  
Deferred income taxes
(1,829,000) 
10,914,000  
(1,433,000) 
Other, net
448,000  
(45,000) 
(124,000) 
Changes in operating assets and liabilities:
 
 
 
Accounts receivable
19,847,000  
(9,556,000) 
(7,003,000) 
Inventories
5,793,000  
(4,416,000) 
(5,763,000) 
Prepaid expenses and other assets
(527,000) 
(714,000) 
(8,473,000) 
Income taxes
5,429,000  
(4,975,000) 
3,061,000  
Accounts payable
(6,394,000) 
1,663,000  
1,466,000  
Accrued expenses
3,841,000  
915,000  
12,665,000  
Deferred revenue and customer deposits
3,037,000  
699,000  
(772,000) 
Other liabilities
397,000  
(14,444,000) 
(98,000) 
Cash provided by operating activities
59,958,000  
 
43,922,000  
 
26,627,000  
 
Investing activities
 
 
 
Acquisitions of plant, equipment and leasehold improvements
(14,294,000) 
(18,670,000) 
(16,956,000) 
Proceeds from sale of a discontinued operation
 
5,000,000  
 
Acquisition of EFT Source, Inc, net of cash
  
(54,859,000) 
Cash used in investing activities
(14,294,000) 
 
(13,670,000) 
 
(71,815,000) 
 
Financing activities
 
 
 
Payments of Sellers Note
(9,000,000) 
  
Dividends paid on common stock
(7,519,000) 
  
Common stock repurchased
(6,008,000) 
  
Proceeds from sale of Company stock, net of issuance costs
 
135,304,000  
 
Proceeds from First Lien Term Loan
 
435,000,000  
 
Payment on First Lien Term Loan
 
(122,500,000) 
 
Proceeds from long-term debt
  
60,000,000  
Payment on long-term debt
 
(170,929,000) 
(11,045,000) 
Loan issuance costs
 
(17,773,000) 
(440,000) 
Dividend distribution on Series A Preferred Stock
 
(230,315,000) 
 
Redemption of preferred and common stock
 
(58,296,000) 
 
Proceeds from employee note receivable
 
108,000  
19,000  
Excess tax benefits from stock-based compensation
611,000  
  
Cash used in financing activities
(21,916,000) 
 
(29,401,000) 
 
48,534,000  
 
Effect of exchange rates on cash
(399,000) 
(186,000) 
(107,000) 
Net increase in cash and cash equivalents:
23,349,000  
 
665,000  
 
3,239,000  
 
Cash and cash equivalents, beginning of period
13,606,000  
12,941,000  
9,702,000  
Cash and cash equivalents, end of period
36,955,000  
 
13,606,000  
 
12,941,000  
 
Supplemental disclosures of cash flow information
 
 
 
Interest
15,071,000  
11,986,000  
6,793,000  
Income taxes paid, net of refunds
(468,000) 
10,136,000  
3,219,000