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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 221,593 $ 47,491
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation 23,524 20,306
Amortization of intangibles 5,578 6,149
Net loss on sale of property, plant and equipment 21 0
Deferred income taxes 86,749 (3,763)
Stock-based compensation 5,623 6,618
Non-cash interest expense 494 478
Loss from unconsolidated entity 4,045 2,901
Impairment (20) 0
Accounts receivable (45,783) (60,258)
Inventories 6,371 (5,291)
Prepaid expenses and other (18,767) 995
Accounts payable and accrued liabilities 40,079 (25,292)
Other, net (345,613) 3,278
Net cash used in operating activities (16,106) (6,388)
Cash flows from investing activities    
Cash payments for capital expenditures (14,925) (36,288)
Expenditures for revenue generating assets (20,885) 0
Proceeds from the sale of assets 40 0
Acquisition, net of cash acquired (1,666) 0
Notes receivable issued to unconsolidated entity (10,350) (7,100)
Net cash used in investing activities (47,786) (43,388)
Cash flows from financing activities    
Proceeds from exercise of stock options 11 7
Dividends paid (7,251) (7,775)
Borrowings under revolving credit facilities 40,904 431
Payments under revolving credit facilities (904) (431)
Debt issuance costs paid (1) (5)
Stock repurchases (26,928) (43,834)
Distribution to noncontrolling interest 0 (603)
Net cash provided by (used in) financing activities 5,831 (52,210)
Cash and cash equivalents:    
Net decrease in cash and cash equivalents (58,061) (101,986)
Cash and cash equivalents at beginning of period 115,484 179,271
Cash and cash equivalents at end of period 57,423 77,285
Supplemental disclosures of cash flow information:    
Cash paid for interest 9,666 9,394
Net cash paid for income taxes 174 23,664
Period end balance of payables for property, plant, and equipment $ 2,501 $ 5,474