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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net income $ 10,479 $ 34,067
Adjustments to reconcile net income to net cash provided by continuing operating activities:    
Depreciation and amortization 24,894 22,835
Amortization of debt issuance costs 1,646 3,050
Equity-based compensation expense 7,034 4,979
Deferred income taxes 3,962 11,264
Loss (income) from discontinued operations, net of taxes 12,641 (15,089)
Debt extinguishment costs 24,650  
Other 1,737 (108)
Change in operating assets and liabilities:    
Accounts receivable, net (2,490) (4,214)
Other current assets 75 (18,276)
Other assets (3,570) (1,561)
Accounts payable and other accrued liabilities (3,979) (19,115)
Accrued salaries and benefits 2,915 (6,347)
Other liabilities (4,210) 5,101
Net cash provided by continuing operating activities 75,784 16,586
Net cash provided by discontinued operating activities 253 28,960
Net cash provided by operating activities 76,037 45,546
Investing activities:    
Cash paid for capital expenditures (58,682) (58,427)
Proceeds from U.K. Sale 1,511,020  
Settlement of foreign currency derivatives (84,795)  
Proceeds from sale of property and equipment 134 38
Other 926 (1,671)
Net cash provided by (used in) continuing investing activities 1,368,603 (60,060)
Net cash used in discontinued investing activities   (14,101)
Net cash provided by (used in) investing activities 1,368,603 (74,161)
Financing activities:    
Borrowings on long-term debt 425,000  
Borrowings on revolving credit facility 430,000  
Principal payments on revolving credit facility (270,000)  
Principal payments on long-term debt   (10,621)
Repayment of long-term debt (2,224,603)  
Payment of debt issuance costs (9,935)  
Common stock withheld for minimum statutory taxes, net 8,219 (1,402)
Distributions to noncontrolling interests (377) (264)
Other (6,793) (423)
Net cash used in continuing financing activities (1,648,489) (12,710)
Net cash used in discontinued financing activities   (720)
Net cash used in financing activities (1,648,489) (13,430)
Effect of exchange rate changes on cash 4,067 (1,143)
Net decrease in cash and cash equivalents, including cash classified within current assets held for sale (199,782) (43,188)
Less: cash classified within current assets held for sale   (19,592)
Net decrease in cash and cash equivalents (199,782) (62,780)
Cash and cash equivalents at beginning of the period 378,697 124,192
Cash and cash equivalents at end of the period $ 178,915 $ 61,412