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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net (loss) income $ (9,132) $ 214,696
Income from discontinued operations, net of tax 0 218,786
Loss from continuing operations (9,132) (4,090)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 28,984 17,320
Amortization of intangible assets 474 123
Stock-based compensation expense, net of amount capitalized 3,717 3,966
Deferred income taxes (1,119) (1,026)
Provision for credit losses 288 756
Other, net 480 (184)
Changes in assets and liabilities    
Accounts receivable 2,490 1,726
Current income taxes 164 0
Operating lease assets and liabilities, net (135) 75
Other assets (682) (4,495)
Accounts payable 992 (38)
Other deferrals and accruals (5,997) (1,218)
Net cash provided by operating activities - continuing operations 20,524 12,915
Net cash provided by operating activities - discontinued operations 0 2,243
Net cash provided by operating activities 20,524 15,158
Cash flows from investing activities:    
Capital expenditures (83,236) (70,053)
Government grants received 6,929 2,710
Proceeds from sale of assets and other 47 0
Net cash used in investing activities - continuing operations (76,260) (67,343)
Net cash provided by investing activities - discontinued operations 0 305,827
Net cash (used in) provided by investing activities (76,260) 238,484
Cash flows from financing activities:    
Proceeds from credit facility borrowings 100,000 0
Principal payments on long-term debt (2,178) (1,312)
Taxes paid for equity award issuances (787) (1,456)
Payments for financing arrangements and other (24) (394)
Net cash provided by (used in) financing activities 97,011 (3,162)
Net increase in cash and cash equivalents 41,275 250,480
Cash and cash equivalents, beginning of period 46,272 139,255
Cash and cash equivalents, end of period 87,547 389,735
Supplemental Disclosures of Cash Flow Information    
Interest paid, net of amounts capitalized (4,262) (3,955)
Income tax refunds received $ 164 $ 0