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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net (loss) income $ (22,621) $ 4,635
Loss from discontinued operations, net of tax (1,004) (33,362)
Adjustments to reconcile net (loss) income to net cash used in operating activities attributable to continuing operations:    
Depreciation and amortization 22,041 20,945
Share-based compensation expense 4,261 5,106
Other non-cash items, net 378 10,226
Change in operating assets and liabilities (excluding the impact of acquisition and disposition):    
Receivables (15,781) (9,354)
Inventories (6,728) (5,354)
Accounts payable 3,284 3,117
Accrued compensation 1,484 (1,526)
Contract liabilities 19,816 20,914
Income taxes payable 1,738 (2,372)
Other assets and liabilities, net (9,676) (16,034)
Net cash used in operating activities attributable to continuing operations (2,808) (3,059)
Cash flows from investing activities    
Capital expenditures (28,262) (30,839)
Proceeds from insurance 6,445 0
Cash paid for acquisitions 0 (394)
Proceeds from dispositions of property and other assets 136 18
Net cash used in investing activities attributable to continuing operations (21,681) (31,215)
Cash flows from financing activities    
Proceeds from borrowings 75,456 285,867
Payments on debt and finance obligations (65,383) (256,053)
Dividends paid on preferred stock 0 (3,900)
Distributions to noncontrolling interest, net (5,436) (3,151)
Payments of debt issuance costs (1,818) (773)
Payment of payroll taxes on stock-based compensation through shares withheld or repurchased (717) (1,385)
Proceeds from exercise of stock options 2,840 0
Other financing activities 0 188
Net cash provided by financing activities attributable to continuing operations 4,942 20,793
Total cash used in continuing operations (19,547) (13,481)
Net cash (used in) provided by operating activities attributable to discontinued operations (11,881) 25,790
Net cash provided by (used in) investing activities attributable to discontinued operations 1,485 (6,557)
Net cash used in financing activities attributable to discontinued operations 0 (989)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash attributable to discontinued operations 0 (860)
Total cash (used in) provided by discontinued operations (10,396) 17,384
Effect of exchange rate changes on cash, cash equivalents, and restricted cash attributable to continuing operations 2,268 (545)
Net change in cash, cash equivalents, and restricted cash (27,675) 3,358
Cash, cash equivalents, and restricted cash, beginning of year 56,057 59,029
Cash, cash equivalents, and restricted cash, end of period $ 28,382 $ 62,387