Component: (Network and Table)
Network
00400 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(http://www.informationsg.com/role/StatementCondensedConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001371489 (http://www.sec.gov/CIK)
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
 
 
 
Cash flows from operating activities
 
 
 
Net (loss) income
(6,378,000) 
4,954,000  
6,304,000  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
 
 
 
Depreciation expense
1,903,000  
1,760,000  
1,792,000  
Amortization of intangible assets
5,966,000  
5,323,000  
5,581,000  
Bargain purchase gain
  
(146,000) 
Tax expense (benefit) from stock issuances
147,000  
(310,000) 
(346,000) 
Amortization of deferred financing costs
302,000  
141,000  
153,000  
Stock-based compensation
7,047,000  
5,049,000  
3,107,000  
Change in fair value of contingent consideration
(210,000) 
468,000  
658,000  
Changes in accounts receivable allowance
34,000  
174,000  
(100,000) 
Deferred tax benefit
(1,904,000) 
(1,958,000) 
(1,789,000) 
(Gain) Loss on disposal of fixed assets
 
3,000  
19,000  
Changes in operating assets and liabilities, net of acquisitions:
 
 
 
Accounts receivable
2,068,000  
(7,506,000) 
(2,321,000) 
Prepaid expense and other assets
(714,000) 
(1,820,000) 
(456,000) 
Accounts payable
1,732,000  
(612,000) 
1,121,000  
Deferred revenue
1,409,000  
(372,000) 
953,000  
Debt issuance costs
(2,730,000) 
  
Accrued expenses
1,987,000  
1,519,000  
(7,523,000) 
Net cash provided by operating activities
10,659,000  
 
6,813,000  
 
7,007,000  
 
Cash flows from investing activities
 
 
 
Acquisitions net of cash acquired
(55,187,000) 
(537,000) 
(890,000) 
Restricted cash
(103,000) 
(30,000) 
(310,000) 
Purchase of furniture, fixtures and equipment
(2,359,000) 
(1,378,000) 
(2,170,000) 
Net cash used in investing activities
(57,649,000) 
 
(1,945,000) 
 
(3,370,000) 
 
Cash flows from financing activities
 
 
 
Proceeds from debt
72,281,000  
  
Proceeds from issuance of common stock
12,000,000  
  
Principal payments on borrowings
(4,850,000) 
(2,591,000) 
(3,375,000) 
Proceeds from issuance of ESPP shares
561,000  
581,000  
576,000  
Payment of contingent consideration
(3,854,000) 
(2,322,000) 
(1,633,000) 
Installment payment for acquisition of CCI
 
(661,000) 
 
Dividend paid
 
(5,189,000) 
 
Debt issuance costs
(137,000) 
  
Tax (expense) benefit from stock issuances
(147,000) 
310,000  
346,000  
Equity securities repurchased
(11,565,000) 
(3,381,000) 
(5,320,000) 
Net cash provided by (used in) financing activities
64,289,000  
 
(13,253,000) 
 
(9,406,000) 
 
Effect of exchange rate changes on cash
(649,000) 
(1,442,000) 
(1,654,000) 
Net increase (decrease) in cash and cash equivalents
16,650,000  
 
(9,827,000) 
 
(7,423,000) 
 
Cash and cash equivalents, beginning of period
17,835,000  
27,662,000  
35,085,000  
Cash and cash equivalents, end of period
34,485,000  
 
17,835,000  
 
27,662,000  
 
Supplemental disclosures of cash flow information:
 
 
 
Cash paid for:
 
 
 
Interest
1,926,000  
1,464,000  
1,785,000  
Taxes
5,714,000  
4,526,000  
5,721,000  
Noncash financing activities:
 
 
 
Issuance of treasury stock for vested restricted stock awards
5,767,000  
4,913,000  
2,294,000