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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net income (loss) $ 9,802 $ (2,571)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 92,095 85,024
Amortization of deferred financing costs and pension withdrawal liability 1,289 1,240
Loss on debt extinguishment, modifications and termination of derivative instruments 5,182 545
Loss from investments in partially owned entities 949 3,029
Stock-based compensation expense 6,619 6,970
Deferred income taxes expense (benefit) 619 (3,621)
(Gain) loss from sale of real estate (3,514) 191
Loss (gain) on other asset disposals 206 (156)
Provision for doubtful accounts receivable 927 1,458
Non-cash lease expenses 10,525 10,624
Changes in operating assets and liabilities:    
Accounts receivable 14,085 20,012
Accounts payable and accrued expenses (53,753) (62,405)
Other assets (13,852) (13,209)
Operating lease liabilities (9,901) (9,806)
Other 711 4,156
Net cash provided by operating activities 61,989 41,481
Investing activities:    
Additions to property, buildings and equipment (45,753) (69,262)
Investments in partially owned entities and other (2,582) (18,400)
Proceeds from sale of property, buildings and equipment 9,020 70
Net cash used in investing activities  (39,315) (87,592)
Financing activities:    
Distributions paid on common stock, restricted stock units and noncontrolling interests in OP (63,044) (60,064)
Proceeds from stock options exercised 1,943 1,464
Proceeds from employee stock purchase plan 1,496 1,452
Remittance of withholding taxes related to employee stock-based transactions (2,224) (2,265)
Proceeds from revolving line of credit 200,010 186,700
Repayment on revolving line of credit (126,000) (76,604)
Repayment of sale-leaseback financing obligations (2,434) (2,170)
Termination of sale-leaseback financing obligations and related termination premiums (20,433) 0
Repayment of financing lease obligations (11,787) (9,646)
Net cash (used in) provided by financing activities (22,473) 38,867
Net increase (decrease) in cash, cash equivalents and restricted cash 201 (7,244)
Effect of foreign currency translation on cash, cash equivalents and restricted cash (1,389) 1,403
Cash, cash equivalents and restricted cash:    
Beginning of period 60,392 53,063
End of period 59,204 47,222
Supplemental disclosures of non-cash investing and financing activities:    
Addition of property, buildings and equipment on accrual 35,440 40,467
Addition of property, buildings and equipment under financing lease obligations 6,831 10,486
Addition of property, buildings and equipment under operating lease obligations 281 474
Supplemental cash flow information:    
Interest paid – net of amounts capitalized 27,848 47,387
Income taxes paid – net of refunds $ 2,374 $ 556