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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities          
Net income $ 22,562 $ 11,671 $ 31,994 $ 21,231  
Adjustments to reconcile net income to net cash provided by operating activities          
Depreciation, amortization and accretion 48,434 42,972 95,297 82,572  
Deferred tax expense 6,412 4,472 8,806 6,958  
Gain on disposal of property and equipment and divestitures     (569) (7,868)  
Equity in losses of unconsolidated entities 570 183 860 88  
Credit loss expense     285 1,222  
Amortization and write off of debt issuance costs     829 1,403  
Inventory adjustments     137 20  
Equity-based compensation     14,201 6,679  
Impairments and abandonments 239 1,477 5,947 2,625  
Other operating items, net     1,268 1,153  
Changes in operating assets and liabilities          
Accounts receivable     (56,181) (28,809)  
Prepaid expenses and other assets     (9,709) 4,123  
Accounts payable and accrued liabilities     3,813 (13,872)  
Net cash provided by operating activities     96,978 77,525  
Cash flows from investing activities          
Purchase of property and equipment     (149,396) (127,833)  
Equity-method and prefered stock investments     (500) (72,059)  
Acquisitions, net of cash received     (42,202) (17,205)  
Proceeds received from sales of property and equipment     2,354 9,603  
Net cash used in investing activities     (189,744) (207,494)  
Cash flows from financing activities          
Borrowings from revolving line of credit     43,500 65,000  
Payments on revolving line of credit     (113,500) (125,000)  
Borrowings from long-term debt     12,992 250,000  
Payments on long-term debt     (54)    
Payments of finance lease obligations     (319) (313)  
Payment of debt issuance costs     (101) (7,867)  
Net proceeds from underwritten offering     191,630    
Dividends and distributions paid     (18,328) (16,873)  
Payments under tax receivable agreements       (77)  
Contributions from noncontrolling interests     500 2,875  
Repurchase of common stock     (8,239) (6,577)  
Net cash provided by financing activities     108,081 161,168  
Effect of exchange rate changes on cash     (3) 9  
Net increase in cash and cash equivalents     15,312 31,208  
Cash and cash equivalents, beginning of period     18,084 19,978 $ 19,978
Cash and cash equivalents, end of period $ 33,396 $ 51,186 33,396 51,186 $ 18,084
Supplemental cash flow disclosure:          
Cash paid for interest     14,414 10,152  
Cash (refunds) paid for income taxes, net     (58) 1,352  
Supplemental disclosure of noncash investing activities:          
Property and equipment obtained through assumption of contract liabilties     14,000    
Property and equipment obtained by assuming liabilities       800  
Capital expenditures included in accounts payable and accrued liabilities     $ 35,610 $ 50,256