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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income including noncontrolling interests $ 90,047 $ 46,623
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 57,048 61,090
Amortization of debt issue costs 1,414 1,302
Loss (gain) on disposal of property and equipment 43 (96)
Provision for doubtful accounts 91 (3)
Deferred taxes (5,220) (2,149)
Foreign currency transaction gains and losses 230 1,461
Equity in losses (earnings) of unconsolidated joint ventures 5,765 (11,211)
Return on investments in unconsolidated joint ventures 9,313 19,434
Stock-based compensation 15,978 8,358
Contributions of treasury stock 29,167 26,544
Changes in assets and liabilities, net of acquisitions and newly consolidated joint ventures:    
Accounts receivable (227,756) (109,681)
Contract assets (78,254) (17,866)
Prepaid expenses and other assets (40,899) (3,521)
Accounts payable 35,043 (8,079)
Accrued expenses and other current liabilities 33,336 (7,314)
Contract liabilities 76,522 13,360
Income taxes 10,309 3,107
Other long-term liabilities 1,809 3,977
Net cash provided by operating activities 13,986 25,336
Cash flows from investing activities:    
Capital expenditures (17,956) (13,588)
Proceeds from sale of property and equipment 65 251
Payments for acquisitions, net of cash acquired (42,273) (379,272)
Investments in unconsolidated joint ventures (24,507) (11,228)
Return of investments in unconsolidated joint ventures 72 0
Proceeds from sales of investments in unconsolidated joint ventures 381 0
Net cash used in investing activities (84,218) (403,837)
Cash flows from financing activities:    
Proceeds from borrowings 187,400 347,100
Repayments of borrowings (187,400) (147,100)
Payments for acquired warrants 0 (11,243)
Contributions by noncontrolling interests 200 2,827
Distributions to noncontrolling interests (2,487) (10,344)
Repurchases of common stock (8,000) (15,548)
Taxes paid on vested stock (6,838) (5,963)
Proceeds from issuance of common stock 2,940 2,724
Net cash (used in) provided by financing activities (14,185) 162,453
Effect of exchange rate changes 467 (963)
Net decrease in cash, cash equivalents, and restricted cash (83,950) (217,011)
Cash, cash equivalents and restricted cash:    
Beginning of year 262,539 343,883
End of period $ 178,589 $ 126,872