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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 163,325 $ 418,479
Adjustments to reconcile net income to net cash flow from operating activities:    
Depreciation and amortization 72,788 85,816
Employee stock-based compensation awards 20,530 30,660
Company stock 401(k) match contributions 12,673 14,251
Gain on investment sales 0 (153,626)
Pension expense, net of employer contributions 828 (1,530)
Change in operating assets and liabilities, net of acquisitions:    
Decrease in trade receivables 26,119 16,931
Decrease in accounts payable (3,721) (22,987)
(Decrease) increase in interest and taxes payable (91,643) 13,766
Increase in deferred revenue 2,332 10,734
Changes in other assets and liabilities, net 15,394 22,722
Net cash flow from operating activities 218,625 435,216
Cash flows from investing activities:    
Purchase of property and equipment (22,810) (36,297)
Payments for acquisitions of businesses and assets, net of cash acquired (1,745) (52,799)
Payments for investments (2,974) (19,382)
Proceeds from investments 2,149 157,365
Proceeds from sale of assets 673 220
Net cash flow (used for) provided by investing activities (24,707) 49,107
Cash flows from financing activities:    
Debt repayment (550,000) 0
Repurchase of common stock 0 (224,996)
Dividends paid (60,326) (61,375)
Payments for debt issuance costs 0 (6,448)
Payment for acquisition-related earnout consideration (6,364) (4,667)
Repurchase of noncontrolling interest in Premion (20,845) 0
Payments for tax withholding related to vested stock-based compensation awards and share repurchase excise tax (16,822) (11,620)
Net cash flow used for financing activities (654,357) (309,106)
(Decrease) increase in cash and cash equivalents (460,439) 175,217
Balance of cash and cash equivalents at beginning of period 693,214 361,036
Balance of cash and cash equivalents at end of period 232,775 536,253
Supplemental cash flow information:    
Cash paid for income taxes, net of refunds [1] 109,786 75,386
Cash paid for interest $ 152,700 $ 155,853
[1] Includes $71,474 of payments for clean energy tax credits in 2025.