v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows provided by operating activities:    
Net income (loss) $ 440 $ (19,700)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 34,549 44,889
Stock-based compensation expense 15,210 12,030
Deferred taxes 136 5,609
Amortization of deferred financing costs and non-cash interest 806 818
Loss on held for sale and impairments 9,106 11,690
Bad debt expense 2,365 2,283
Loss (gain) on interest rate swap valuation adjustments 6,007 (5,848)
Other non-cash items (58) 694
Changes in operating assets and liabilities:    
Accounts receivable, net (8,065) (10,040)
Prepaid expenses and other current assets (4,634) (2,731)
Other non-current assets (552) (46)
Accounts payable (2,702) 2,721
Accrued expenses and other 6,896 (7,360)
Deferred revenue 2,007 3,372
Other non-current liabilities (3,852) (1,165)
Net cash provided by operating activities 57,659 37,216
Cash flows used in investing activities:    
Purchases of property and equipment (992) (1,036)
Capitalization of software costs (12,668) (8,718)
Proceeds from disposition of fitness solutions, net of transaction costs, cash and restricted cash (85) 1,228
Net cash used in investing activities (13,745) (8,526)
Cash flows used in financing activities:    
Payments on long-term debt (2,750) (2,750)
Exercise of stock options, net 6,212 2,839
Proceeds from common stock issuance for Employee Stock Purchase Plan 1,562 1,755
Employee taxes paid for RSU withholdings (2,997) 0
Repurchase and retirement of common stock (31,603) (36,034)
Net cash used in financing activities (29,576) (34,190)
Effect of foreign currency exchange rate changes on cash 940 (638)
Net increase (decrease) in cash, cash equivalents and restricted cash, including cash and restricted cash classified as held for sale 15,278 (6,138)
Cash, cash equivalents and restricted cash, including cash and restricted cash classified as held for sale:    
Beginning of period 135,782 96,179
End of period 151,060 90,041
Supplemental disclosures of cash flow information:    
Cash paid for interest 18,244 23,048
Cash paid for income taxes $ 2,561 $ 3,199