XML 16 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Unaudited 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 $ 153,300 $ 199,600
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 129,371 121,040
Amortization of debt issuance costs and discounts 3,308 3,826
Loss on early extinguishment and modification of debt and write-off of debt issuance costs and discounts   3,406
Deferred income tax provision 45,458 53,354
Equity-based compensation 12,347 9,558
Other, including loss on sale or disposal of assets, net 21,209 12,463
Changes in assets and liabilities:    
Accounts receivable (6,272) (20,943)
Inventories (6,653) (1,614)
Prepaid expenses and other current assets (18,386) (20,578)
Accounts payable and accrued expenses (13,036) 7,872
Accrued salaries, wages and benefits (6,129) (4,310)
Deferred revenue (6,442) 7,951
Other accrued liabilities (2,842) (1,708)
Right of use assets and operating lease liabilities 314 451
Other assets and liabilities (3,858) (2,697)
Net cash provided by operating activities 301,689 367,671
Cash Flows From Investing Activities:    
Capital expenditures (167,227) (222,207)
Other investing activities, net   (75)
Net cash used in investing activities (167,227) (222,282)
Cash Flows From Financing Activities:    
Repayments of long-term debt (11,567) (238,202)
Proceeds from the issuance of debt, net   379,295
Purchase of treasury stock, including related excise tax paid (16,305) (445,265)
Payment of tax withholdings on equity-based compensation through shares withheld (1,718) (8,642)
Exercise of stock options 1,132 1,351
Debt issuance costs   (3,136)
Other financing activities (1,107) (877)
Net cash used in financing activities (29,565) (315,476)
Change in Cash and Cash Equivalents, including Restricted Cash 104,897 (170,087)
Cash and Cash Equivalents - Beginning of period 115,893 246,922
Cash and Cash Equivalents, including Restricted Cash-End of period 220,790 76,835
Supplemental Information:    
Capital expenditures in accounts payable 32,911 26,576
Right-of-use assets obtained in exchange for financing lease obligations 25 1,553
Cash paid for income taxes, net 15,438 11,127
Treasury stock purchases not yet settled in other accrued liabilities $ 547 $ 0