XML 19 R9.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
 6 Months Ended
Jun. 30, 2019
USD ($)
Operating activities:  
Net income $ 77,712
Adjustments to reconcile net income to net cash provided by continuing operating activities:  
Depreciation and amortization 81,657
Amortization of debt issuance costs 5,887
Equity-based compensation expense 10,283
Deferred income taxes (205)
Other 2,395
Change in operating assets and liabilities:  
Accounts receivable, net (27,669)
Other current assets (10,591)
Other assets 661
Accounts payable and other accrued liabilities (11,060)
Accrued salaries and benefits (3,232)
Other liabilities 2,848
Net cash provided by continuing operating activities 128,686
Net cash provided by operating activities 128,686
Investing activities:  
Cash paid for acquisitions, net of cash acquired (44,900)
Cash paid for capital expenditures (139,128)
Cash paid for real estate acquisitions (4,448)
Other 10,494
Net cash used in investing activities (177,982)
Financing activities:  
Borrowings on revolving credit facility 76,573
Principal payments on revolving credit facility (11,573)
Principal payments on long-term debt (16,492)
Common stock withheld for minimum statutory taxes, net (1,615)
Other (4,345)
Net cash provided by (used in) financing activities 42,548
Effect of exchange rate changes on cash (221)
Net (decrease) increase in cash and cash equivalents (6,969)
Cash and cash equivalents at beginning of the period 50,510
Cash and cash equivalents at end of the period 43,541
Effect of acquisitions:  
Assets acquired, excluding cash 48,555
Liabilities assumed (3,655)
Cash paid for acquisitions, net of cash acquired $ 44,900