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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 139,229 $ 78,499
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 77,821 75,228
Stock-based compensation 10,577 14,466
Amortization included in interest expense 1,523 1,631
Gain on disposition of assets and investments (69,785) (2,188)
Equity in (earnings) loss of investee (380) 559
Deferred tax (benefit) expense (8,268) 246
Provision for doubtful accounts 1,195 312
Decrease (increase) in:    
Receivables 25,469 2,229
Prepaid expenses (6,332) (6,746)
Other assets (12,984) (6,306)
Increase (decrease) in:    
Trade accounts payable 2,250 325
Accrued expenses (6,907) (20,355)
Operating lease liabilities (31,763) (32,035)
Other liabilities 6,100 4,697
Net cash provided by operating activities 127,745 110,562
Cash flows from investing activities:    
Acquisitions (22,143) (18,265)
Capital expenditures (29,887) (29,482)
Proceeds from disposition of assets and investments 117,456 2,731
Net cash provided by (used in) investing activities 65,426 (45,016)
Cash flows from financing activities:    
Cash used for purchase of treasury stock (26,368) (5,341)
Net proceeds from issuance of common stock 4,493 7,067
Principal payments on long-term debt (103) (98)
Principal payments on financing leases (333) (333)
Payments on revolving credit facility (200,000) (70,000)
Proceeds received from revolving credit facility 202,000 143,000
Payments on accounts receivable securitization program (26,500) (21,200)
Proceeds received from accounts receivable securitization program 0 6,900
Debt issuance costs 0 (23)
Distributions to non-controlling interest (553) (479)
Dividends/distributions (159,158) (133,119)
Net cash used in financing activities (206,522) (73,626)
Effect of exchange rate changes in cash and cash equivalents 7 (120)
Net decrease in cash and cash equivalents (13,344) (8,200)
Cash and cash equivalents at beginning of period 49,461 44,605
Cash and cash equivalents at end of period 36,117 36,405
Supplemental disclosures of cash flow information:    
Cash paid for interest 36,937 42,520
Cash paid for foreign, state and federal income taxes $ 7,032 $ 2,953