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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net income $ 124,043 $ 113,342
Adjustments to reconcile net income to net cash provided by continuing operating activities:    
Depreciation and amortization 78,349 70,298
Amortization of debt issuance costs 3,265 9,696
Equity-based compensation expense 24,988 16,258
Deferred income taxes 8,995 45,105
Loss (income) from discontinued operations, net of taxes 12,641 (29,804)
Debt extinguishment costs 24,650 3,271
Loss on impairment 24,293  
Other 881 1,024
Change in operating assets and liabilities:    
Accounts receivable, net (8,610) 7,364
Other current assets (2,758) (4,942)
Other assets (15,846) (880)
Accounts payable and other accrued liabilities 6,358 19,854
Accrued salaries and benefits 18,820 14,150
Other liabilities (11,633) (2,256)
Government relief funds (12,058) 103,908
Net cash provided by continuing operating activities 276,378 366,388
Net cash provided by discontinued operating activities 253 105,852
Net cash provided by operating activities 276,631 472,240
Investing activities:    
Cash paid for capital expenditures (156,624) (168,804)
Proceeds from U.K. Sale 1,511,020  
Settlement of foreign currency derivatives (84,795)  
Proceeds from sale of property and equipment 1,792 72
Cash paid for purchase of finance lease (31,401)  
Other 4,906 (10,734)
Net cash provided by (used in) continuing investing activities 1,244,898 (179,466)
Net cash used in discontinued investing activities   (30,188)
Net cash provided by (used in) investing activities 1,244,898 (209,654)
Financing activities:    
Borrowings on long-term debt 425,000 450,000
Borrowings on revolving credit facility 430,000 100,000
Principal payments on revolving credit facility (330,000) (100,000)
Principal payments on long-term debt (5,313) (31,863)
Repayment of long-term debt (2,227,935) (450,000)
Payment of debt issuance costs (7,964) (11,220)
Common stock withheld for minimum statutory taxes, net 16,072 (1,311)
Distributions to noncontrolling interests (926) (653)
Other (6,914) (1,291)
Net cash used in continuing financing activities (1,707,980) (46,338)
Net cash used in discontinued financing activities   (2,226)
Net cash used in financing activities (1,707,980) (48,564)
Effect of exchange rate changes on cash 4,067 488
Net (decrease) increase in cash and cash equivalents, including cash classified within current assets held for sale (182,384) 214,510
Less: cash classified within current assets held for sale   (50,568)
Net (decrease) increase in cash and cash equivalents (182,384) 163,942
Cash and cash equivalents at beginning of the period 378,697 124,192
Cash and cash equivalents at end of the period $ 196,313 $ 288,134