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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 6,831 $ 24,164
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,147 9,017
Share-based compensation expense 4,130 4,439
Other 1,314 (256)
Changes in operating assets and liabilities:    
Inventories 1,555 3,611
Customer deposits 2,894 (2,380)
Other assets and liabilities 916 11,637
Accounts payable and accrued liabilities (10,245) (10,104)
Net cash provided by operating activities 17,542 40,128
Cash Flows from Investing Activities:    
Capital expenditures (15,952) (40,482)
Proceeds from sale of land, property and equipment 52 23
Net cash used in investing activities (15,900) (40,459)
Cash Flows from Financing Activities:    
Dividends paid (10,070) (9,414)
Taxes on vested restricted shares (3,282) (4,083)
Net cash used in financing activities (13,352) (13,497)
Decrease in cash, cash equivalents and restricted cash equivalents during the period (11,710) (13,828)
Cash, cash equivalents and restricted cash equivalents at beginning of period 127,777 129,930
Cash, cash equivalents and restricted cash equivalents at end of period $ 116,067 $ 116,102