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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Cash flows from operating activities              
Net income $ 12,282 $ 11,630 $ 21,220 $ 36,066 $ 23,912   $ 57,286
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization 21,454   25,332   44,962   51,608
Non-cash lease expense (9)   230   24   411
Share-based compensation         6,578   6,436
Amortization of debt issuance costs and discounts on debt         2,133   2,236
(Gain) loss on disposal of assets (34)   710   (120)   669
Provision for credit losses         501   300
Deferred income taxes         0   (16,914)
Loss on debt extinguishment and modification 405   1,073   405   1,254
Changes in operating assets and liabilities:              
Accounts receivable         4,652   (139)
Prepaid expenses, inventories and other current assets         16,364   (5,727)
Other assets         515   (1,985)
Accounts payable and other accrued expenses         1,139   (3,279)
Other liabilities         (202)   (1,104)
Net cash provided by operating activities         100,863   91,052
Cash flows from investing activities              
Purchase of property and equipment, net of change in accounts payables         (53,946)   (21,015)
Proceeds from disposal of property and equipment         291   102
Net cash used in investing activities         (53,655)   (20,913)
Cash flows from financing activities              
Repayments of term loan         (400,000)   (25,000)
Issuance of new term loan         400,000   0
Repurchases of senior notes         0   (37,539)
Repayments of notes payable         (260)   (464)
Principal payments under finance leases         (280)   (266)
Payment for debt extinguishment and modification costs         (7,818)   (12)
Tax withholding on share-based payments         (15,373)   (10,569)
Proceeds from issuance of common stock, net of costs         7   4
Repurchases of common stock         0   (37,670)
Net cash used in financing activities         (23,724)   (111,516)
Change in cash and cash equivalents         23,484   (41,377)
Balance, beginning of period   $ 142,034   $ 220,540 142,034 $ 179,163 220,540
Balance, end of period 165,518   179,163   165,518 142,034 179,163
Cash and cash equivalents              
Cash and cash equivalents 120,823   179,163   120,823 136,889 179,163
Cash and cash equivalents included in assets held for sale 44,695   0   44,695   0
Balance, end of period $ 165,518   $ 179,163   165,518 $ 142,034 179,163
Supplemental cash flow disclosures              
Cash paid for interest         35,518   27,418
Cash paid for income taxes         0   6,084
Non-cash investing and financing activities              
Payables incurred for capital expenditures         2,605   3,272
Notes payable incurred for capital expenditures         3,571   0
Loss on debt extinguishment and modification         405   1,254
Operating lease right-of-use assets obtained in exchange for lease obligations         $ 479   $ 6,750