| Cash flow from operating activities: |
| Net income |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |
| Deferred taxes |
| Stock-based compensation |
1.41M |
| Impairment of goodwill and intangible assets |
2.57M |
| Amortization of intangibles |
8.4M |
| Depreciation |
2.98M |
| Accretion of senior convertible notes discount |
1.28M |
| Loss (Gain) on sale of businesses, net |
89K |
| Loss on sublease |
| Bad debt expense |
| Other, net |
| (Increase) decrease in operating assets: |
| Fiduciary funds-restricted related to premium trust accounts |
| Commissions, fees and premiums receivable, net |
21.43M |
| Due from principals and/or certain entities they own |
-1.09M |
| Notes receivable, net - current |
-427K |
| Other current assets |
860K |
| Notes receivable, net - non-current |
1.06M |
| Other non-current assets |
-623K |
| Increase (decrease) in operating liabilities: |
| Premiums payable to insurance carriers |
6.77M |
| Income taxes payable |
-8K |
| Due to principals and/or certain entities they own |
-16.68M |
| Accounts payable |
-646K |
| Accrued liabilities |
-3.41M |
| Other non-current liabilities |
656K |
| Total adjustments |
16.96M |
| Net cash provided by operating activities |
21.17M |
| Cash flow from investing activities: |
| Proceeds from disposal of businesses |
0 |
| Purchases of property and equipment, net |
-1.83M |
| Payments for acquired firms, net of cash |
-8.43M |
| Payments for contingent consideration |
0 |
| Net cash used in investing activities |
-10.26M |
| Cash flow from financing activities: |
| Repayments of short term debt |
| Repayment of long term debt |
-93.75M |
| Proceeds from issuance of senior convertible notes |
| Senior convertible notes issuance costs |
-2.84M |
| Purchase of call options |
| Sale of warrants |
| Proceeds from stock-based awards, including tax benefit |
1.27M |
| Shares cancelled to pay withholding taxes |
-2.5M |
| Repurchase of common stock |
0 |
| Dividends paid |
| Net cash (used in) provided by financing activities |
-7.3M |
| Net increase in cash and cash equivalents |
3.59M |
| Cash and cash equivalents, beginning of the period |
88.5M |
| Cash and cash equivalents, end of the period |
92.09M |
| Supplemental disclosures of cash flow information: |
| Cash paid for income taxes |
2.31M |
| Cash paid for interest |
1.33M |
