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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 16,215 $ (9,391)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 21,253 14,779
Non-cash interest expense 278 182
Gain on disposal of assets (1) (232)
Equity-based compensation 1,933 9,170
Deferred income taxes 8,395 2,146
Remeasurement gain on TRAs (5,687) (1,294)
Non-cash operating lease cost 3,320 2,698
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (2,535) 3,188
Inventories, net 1,560 (4,728)
Prepaid expenses and other current assets 483 (3,450)
Other long-term assets 84 (349)
Accounts payable 8,299 462
Accrued compensation and benefits (8,344) (3,626)
Other accrued liabilities 768 (58)
Other current liabilities (810) (309)
Deferred revenue (1,602) (3,535)
Operating lease liabilities (2,416) (2,576)
Net cash provided by operating activities 41,193 3,077
Cash flows from investing activities:    
Purchases of property and equipment (57,462) (43,283)
Proceeds from disposal of fixed assets 0 240
Net cash used in investing activities (57,462) (43,043)
Cash flows from financing activities:    
Proceeds from line of credit 0 40,000
Payments on finance lease liabilities (2,094) (3,369)
Proceeds from long-term debt 150,000 0
Payments on long-term debt (1,590) (651)
Tax withholding payments upon vesting of equity awards (873) (1,896)
Net cash provided by financing activities 145,443 34,084
Net increase (decrease) in cash and cash equivalents 129,174 (5,882)
Cash and cash equivalents, beginning of period 133,545 20,178
Cash and cash equivalents, ending of period 262,719 14,296
Supplemental disclosure of cash flow information    
Cash paid for interest 8,413 7,829
Income taxes paid 0 1,030
Supplemental disclosure of noncash investing and financing activities    
Additions of property and equipment accrued as of end of period $ 15,131 $ 13,434