v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ 3,462 $ 583
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 13,190 15,252
Equity-based compensation expense 9,314 9,825
Bad debt expense 1,966 1,552
Deferred income tax expense (benefit) (143) 4,097
Fair value adjustments to contingent consideration 16 137
Settlement and impairment charges 562  
Non-cash lease benefit (1,633) (1,378)
Non-cash debt charges 427 429
Payment of contingent consideration in excess of acquisition date fair value   (240)
Other, net 240 97
Changes in operating assets and liabilities (17,188) (5,088)
Net cash provided by operating activities 10,213 25,266
Cash flows from investing activities:    
Purchases of property, equipment and capitalization of software (3,307) (4,510)
Other   417
Net cash used in investing activities (3,307) (4,093)
Cash flows from financing activities:    
Payments on debt (2,300) (2,300)
Dividends and dividend equivalents paid to Class A common stockholders (330) (587)
Payments related to tax withholding for share-based compensation (4,343) (2,505)
Payment of contingent consideration (791)  
Other financing (30) 5
Net cash used in financing activities (7,794) (5,387)
Effect of exchange rate changes on cash 1,393 (875)
Net increase in cash, cash equivalents and restricted cash 505 14,911
Cash, cash equivalents and restricted cash, beginning of period 169,287 125,763
Cash, cash equivalents and restricted cash, end of period $ 169,792 $ 140,674