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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 $ 33,759 $ 20,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,258 13,692
Amortization of debt issuance costs and non-cash interest 305 422
Gain on disposal of property and equipment (585) (1,672)
Deferred taxes 1,517 2,728
Stock-based compensation 4,586 3,240
Changes in operating assets and liabilities (Note 14) (6,249) 10,608
Net cash provided by operating activities 49,591 49,058
Cash flows from investing activities:    
Acquisitions, net of cash acquired (1,016) 0
Disposition proceeds 0 14,000
Capital expenditures (22,432) (14,221)
Proceeds from sale of property and equipment 2,401 6,726
Net cash (used in) provided by investing activities (21,047) 6,505
Cash flows from financing activities:    
Repayments of debt (6,678) (30,843)
Withholding taxes paid on net share settlement of equity awards (13,015) (4,288)
Net cash used in financing activities (19,693) (35,131)
Net change in cash, cash equivalents, and restricted cash 8,851 20,432
Cash, cash equivalents and restricted cash at beginning of period 471,563 185,265
Cash, cash equivalents and restricted cash at end of period 480,414 205,697
Less: restricted cash 0 (3,121)
Cash and cash equivalents at end of period 480,414 202,576
Non-cash items:    
Capital expenditures $ 6,499 $ 998