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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 2,473 $ 47,753
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67,812 67,362
Non-cash lease benefit (291) (298)
Share-based compensation 7,001 8,311
Amortization of debt issuance costs and discounts on debt 1,172 1,816
Loss on disposal of assets 1,953 (242)
Gain on sale of business 0 (68,944)
Provision for credit losses 157 105
Deferred income taxes 0 55,771
Loss on debt extinguishment and modification 0 4,446
Changes in operating assets and liabilities:    
Accounts receivable (649) 3,864
Prepaid expenses, inventories and other current assets 1,995 4,425
Other assets 339 (1,527)
Accounts payable and other accrued expenses 3,575 (88,317)
Income tax payable, net (12,310) 35,965
Other liabilities (386) (678)
Net cash provided by operating activities 72,841 69,812
Cash flows from investing activities    
Purchase of property and equipment, net of change in construction payables (32,888) (41,696)
Proceeds from disposal of property and equipment 107 1
Proceeds from sale of business, net of cash sold 0 204,066
Acquisition of business, net of cash acquired 0 (7,250)
Net cash (used in) provided by investing activities (32,781) 155,121
Cash flows from financing activities    
Repayments of term loan (3,000) (3,000)
Proceeds from revolving credit facility 35,000 0
Repayments of revolving credit facility (20,000) 0
Repayment of senior notes 0 (276,453)
Repayments of notes payable (902) (661)
Principal payments under finance leases (977) (871)
Payment for debt extinguishment and modification costs 0 (6)
Tax withholding on share-based payments (7,586) (7,151)
Cash dividends paid (19,807) (14,360)
Proceeds from issuance of common stock, net of costs 5 3,159
Repurchases of common stock (22,253) (54,639)
Net cash used in financing activities (39,520) (353,982)
Change in cash and cash equivalents 540 (129,049)
Balance, beginning of period 57,725 197,600
Balance, end of period 58,265 68,551
Supplemental cash flow disclosures    
Cash paid for interest 21,742 35,361
Cash paid for income taxes, net [1] 17,651 8,900
Non-cash investing and financing activities    
Cash dividends payable 6,543 6,968
Payables incurred for capital expenditures 4,568 2,250
Operating lease right-of-use assets obtained in exchange for lease obligations 3,010 11,619
Notes payable incurred for capital expenditures 2,291 0
Assets acquired under finance lease obligations 23 3,631
Loss on debt extinguishment and modification $ 0 $ 4,446
[1] Includes refunds received from income tax authorities.