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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income including noncontrolling interests $ 14,014 $ 14,371
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 34,673 32,409
Amortization of debt issue costs 665 173
Loss (gain) on disposal of property and equipment 267 (104)
Deferred taxes 403 5,514
Foreign currency transaction gains and losses 2,220 1,383
Equity in earnings of unconsolidated joint ventures (7,530) (6,114)
Return on investments in unconsolidated joint ventures 13,180 6,551
Stock-based compensation 7,206 2,252
Contributions of treasury stock 13,153 14,871
Changes in assets and liabilities, net of acquisitions and newly consolidated joint ventures:    
Accounts receivable 2,597 (91,734)
Contract assets (31,711) (52,346)
Prepaid expenses and other assets (5,386) (3,766)
Accounts payable (6,658) 19,788
Accrued expenses and other current liabilities (68,928) (24,336)
Contract liabilities (16,086) 11,416
Income taxes 1,268 (6,212)
Other long-term liabilities (19,312) (43,099)
Net cash used in operating activities (65,965) (118,983)
Cash flows from investing activities:    
Capital expenditures (4,449) (12,637)
Proceeds from sale of property and equipment 164 485
Payments for acquisitions, net of cash acquired 1,064 0
Investments in unconsolidated joint ventures (22,240) (50)
Return of investments in unconsolidated joint ventures 116 0
Proceeds from sales of investments in unconsolidated joint ventures 14,300 0
Net cash used in investing activities (11,045) (12,202)
Cash flows from financing activities:    
Proceeds from borrowings under credit agreement 0 131,500
Repayments of borrowings under credit agreement 0 (66,500)
Contributions by noncontrolling interests 7 221
Distributions to noncontrolling interests (8,989) (360)
Taxes paid on vested stock (2,242) (1,149)
Net cash (used in) provided by financing activities (11,224) 63,712
Effect of exchange rate changes 430 (1,179)
Net decrease in cash, cash equivalents, and restricted cash (87,804) (68,652)
Cash, cash equivalents and restricted cash:    
Beginning of year 487,215 195,374
End of period $ 399,411 $ 126,722