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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 17,230 $ 13,236
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,111 30,576
Deferred taxes 4,325 696
Compensation expense related to share-based compensation plans 5,117 4,097
(Gain) loss on sale of assets (1,924) 121
Other operating activities 240
Changes in operating assets and liabilities, net of acquisitions:    
Restricted investments 1,618 4,409
Accounts receivable, net 8,389 (9,480)
Prepaid taxes 350 (50)
Prepaid expenses and other current assets 8,825 9,054
Other assets (189) (477)
Accounts payable 36,820 19,657
Accrued expenses 18,695 (28,551)
Non-current liabilities (3,994) (2,875)
Net cash provided by operating activities 127,373 40,653
Cash flows from investing activities:    
Proceeds from sale of equipment 14,933 497
Purchases of property and equipment (9,522) (25,467)
Net cash provided by (used in) investing activities 5,411 (24,970)
Cash flows from financing activities:    
Repayments of long-term debt (33,381) (24,373)
Stock withheld for payments of withholding taxes (3,759) (3,769)
Finance lease payments (772) (747)
Proceeds from issuance of debt 6,894 121,444
Net cash (used in) provided by financing activities (31,018) 92,555
Effect of exchange rate changes on cash and cash equivalents (8) (87)
Net increase in cash and cash equivalents 101,758 108,151
Cash and cash equivalents beginning of the period 124,506 168,729
Cash and cash equivalents end of the period 226,264 276,880
Supplemental disclosures of cash paid for:    
Interest 2,005 2,563
Income taxes $ 317 $ 355