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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:        
Net income $ 30,157 $ 21,757 $ 76,052 $ 53,642
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     38,550 25,336
Amortization of debt issuance costs and non-cash interest     1,636 1,756
Gain on disposal of property and equipment     (1,926) (1,176)
Gain on debt extinguishment, net 0 (968) (2,428) (2,032)
Deferred taxes 10,470 6,120 24,975 17,413
Stock-based compensation     9,195 5,690
Change in fair value of interest rate swap     (320) (41)
Changes in operating assets and liabilities (Note 16)     (15,087) 35,154
Net cash provided by operating activities     130,647 135,742
Cash flows from investing activities:        
Acquisitions, net of cash acquired     (3,033) 0
Capital expenditures     (47,832) (39,315)
Proceeds from sale of property and equipment     3,043 2,093
Net cash used in investing activities     (47,822) (37,222)
Cash flows from financing activities:        
Repayments of debt     (17,612) (44,184)
Distributions to noncontrolling interest owners     0 (1,959)
Other     0 (603)
Net cash used in financing activities     (17,612) (46,746)
Net change in cash, cash equivalents, and restricted cash     65,213 51,774
Cash, cash equivalents, and restricted cash at beginning of period     88,693 72,642
Cash, cash equivalents, and restricted cash at end of period 153,906 124,416 153,906 124,416
Less: restricted cash (other current assets) (7,427) (6,714) (7,427) (6,714)
Cash and cash equivalents at end of period $ 146,479 $ 117,702 146,479 117,702
Non-cash items:        
Capital expenditures     $ 562 $ 116