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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Net income (loss) $ 639,377 $ 463,846 $ (134,700)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 258,179 267,787 281,031
Amortization of debt financing costs and discounts on debt 8,551 11,172 12,095
Non-cash operating lease expense 65,204 45,599 55,578
Non-cash expected credit loss (income) on note receivable (35,100) 0 0
Share-based compensation expense 34,066 37,773 9,202
Deferred income taxes 51,030 133,860 (31,643)
Impairment of assets 40,775 8,200 174,700
Gain on sale of assets (13,407) 0 (13,888)
Loss on early extinguishments and modifications of debt 19,815 95,155 1,791
Other operating activities 9,517 10,356 4,183
Changes in operating assets and liabilities, excluding the impact of acquisitions:      
Accounts receivable, net (16,761) (36,027) 1,339
Inventories (2,083) 2,526 (515)
Prepaid expenses and other current assets (8,476) (2,088) 5,892
Income taxes (receivable) payable, net (2,951) 401 5,592
Other assets, net (7,857) (5,727) (3,110)
Accounts payable and accrued liabilities (891) (14,819) 29,639
Operating lease liabilities (65,204) (45,599) (55,578)
Other long-term tax liabilities 0 0 (3,840)
Other liabilities 545 8,358 10,542
Net cash provided by operating activities 976,111 1,010,411 289,032
Cash Flows from Investing Activities      
Capital expenditures (269,155) (199,452) (175,030)
Cash paid for acquisitions, net of cash received (167,862) 0 (11,201)
Insurance proceeds received from hurricane losses 586 63,200 0
Proceeds received from disposition of assets 21,953 0 15,050
Other investing activities (7,834) 6,672 0
Net cash used in investing activities (422,312) (129,580) (171,181)
Cash Flows from Financing Activities      
Borrowings under credit facilities 2,122,100 0 965,100
Payments under credit facilities (1,802,197) (28,288) (1,374,548)
Proceeds from issuance of senior notes 0 900,000 600,000
Retirements of senior notes (300,000) (1,750,000) 0
Premium fees (12,939) (77,736) 0
Debt financing costs (16,682) (14,457) (17,390)
Share-based compensation activities (15,082) (5,704) (5,360)
Shares repurchased and retired (541,642) (80,782) (11,121)
Dividends paid (48,162) 0 (7,808)
Other financing activities (1,248) (1,735) (2,173)
Net cash provided by (used in) financing activities (615,852) (1,058,702) 146,700
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (10) 0 0
Change in cash, cash equivalents and restricted cash (62,063) (177,871) 264,551
Cash, cash equivalents and restricted cash, beginning of year 357,128 534,999 270,448
Cash, cash equivalents and restricted cash, end of year 295,065 357,128 534,999
Supplemental Disclosure of Cash Flow Information      
Cash paid for interest, net of amounts capitalized 144,020 205,241 214,686
Cash paid for (received from) income taxes 140,924 5,721 (6,168)
Supplemental Schedule of Non-cash Investing and Financing Activities      
Payables incurred for capital expenditures 7,348 4,826 1,653
Mortgage settlement in exchange for real estate 0 0 57,684
Dividends declared not yet paid 15,476 0 0
Operating lease right-of-use asset and liability remeasurements (11,224) 3,349 0
Expected credit loss (income) on note receivable $ (35,100) $ 0 $ 0