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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 51,438 $ 126,809 $ 27,197
Income from discontinued operations 0 7,665 13,531
Gain on sale of discontinued operations 9,393 72,770 100
Income (loss) from continuing operations 42,045 46,374 13,566
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation expense 44,426 39,389 33,293
Amortization of debt issuance costs and original issue discount 3,740 2,896 2,232
Impairment expense 20,552 0 0
Loss on debt extinguishment 534 33,305 0
Noncontrolling stockholder stock based compensation 13,951 11,437 8,966
Provision for loss on receivables 268 6,025 2,874
Deferred taxes (4,466) (10,137) (1,690)
Other 2,159 818 2,140
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (55,445) (33,022) (23,514)
Inventories (170,589) (106,683) (30,682)
Other current and non-current assets (11,342) (7,485) (2,339)
Accounts payable and accrued expenses (15,001) 63,426 58,543
Net cash (used in) provided by operating activities - continuing operations (28,291) 129,451 131,187
Net cash provided by operating activities - discontinued operations 0 4,600 17,438
Net cash (used in) provided by operating activities (28,291) 134,051 148,625
Net cash provided by operating activities - discontinued operations      
Acquisitions, net of cash acquired (570,544) (404,318) (667,101)
Purchases of property and equipment (64,274) (40,551) (29,406)
Proceeds from sale of businesses 9,393 101,039 100
Other investing activities (1,300) (1,125) (3,008)
Net cash used in investing activities - continuing operations (626,725) (344,955) (699,415)
Net cash provided by (used in) investing activities - discontinued operations 0 27,459 (1,419)
Net cash used in investing activities (626,725) (317,496) (700,834)
Proceeds from Issuance of Common Stock 83,851 114,629 83,884
Cash flows from financing activities:      
Borrowings under credit facility 268,000 557,000 565,000
Repayments under credit facility (113,000) (864,000) (258,000)
Issuance of Senior Notes 0 1,300,000 202,000
Distributions paid - common shares (70,845) (150,946) (89,856)
Distributions paid - preferred shares (24,181) (24,181) (23,678)
Net proceeds provided by noncontrolling shareholders 1,312 8,237 253
Distributions paid - Allocation Interests 0 34,058 9,087
Purchase of noncontrolling interest 1,957 50,640 6,613
Payments to Noncontrolling Interests (11,292) (1,275) (12,060)
Debt issuance costs (5,276) (21,708) (3,214)
Other 10 (464) 335
Net cash provided by financing activities 556,885 273,206 521,725
Foreign currency impact on cash (1,331) 228 914
Net increase (decrease) in cash and cash equivalents (99,462) 89,989 (29,570)
Cash and cash equivalents — beginning of period (1) 160,733 70,744 100,314
Cash and cash equivalents — end of period 61,271 160,733 70,744
Cash from discontinued operations   4,300 3,400
Document Information [Line Items]      
Net proceeds provided by noncontrolling shareholders 1,312 8,237 253
Proceeds from Minority Shareholders - Acquisitions 35,263 68,300 72,761
Borrowings under credit facility 268,000 557,000 565,000
Amortization of Acquisition Costs 6,494 2,761 5,863
Repayments of Senior Debt 0 (627,688) 0
Proceeds from Issuance of Other Long-term Debt 400,000 0 0
Repayments of Other Long-term Debt (5,000) 0 0
Cash from discontinued operations   4,300 3,400
Amortization expense $ 94,383 $ 80,347 $ 61,935