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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ 41,707 $ 46,631
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation 120,393 114,449
Amortization (includes amortization of deferred financing costs and discounts of $4,389 and $4,127 for the three months ended March 31, 2022 and 2021, respectively) 67,611 55,320
Revenue reduction associated with amortization of customer inducements and above- and below-market leases 1,860 2,263
Stock-based compensation expense 11,341 10,953
Provision (benefit) for deferred income taxes (10,142) (6,315)
Debt extinguishment expense 671 0
(Gain) loss on disposal/write-down of property, plant and equipment, net (705) (4,451)
Loss associated with OSG deconsolidation 105,825 0
Gain associated with Clutter Transaction (35,821) 0
Foreign currency transactions and other, net (7,219) 9,220
(Increase) decrease in assets (105,321) (22,154)
Increase (decrease) in liabilities (135,694) (137,087)
Cash Flows from Operating Activities 54,506 68,829
Cash Flows from Investing Activities:    
Capital expenditures (161,050) (145,528)
Cash paid for acquisitions, net of cash acquired (717,907) 0
Acquisition of customer relationships 0 (874)
Customer inducements (1,913) (1,457)
Contract fulfillment costs and third party commissions (14,237) (16,719)
Investments in Joint Ventures and other investments 0 (6,500)
Proceeds from sale of assets 5,353 12,448
Cash Flows from Investing Activities (889,754) (158,630)
Cash Flows from Financing Activities:    
Repayment of revolving credit facility, term loan facilities and other debt (2,278,884) (415,030)
Proceeds from revolving credit facility, term loan facilities and other debt 3,254,197 625,689
Debt repayment and equity distribution to noncontrolling interests (681) (621)
Parent cash dividends (184,361) (180,992)
Net (payments) proceeds associated with employee stock-based awards (12,843) (4,556)
Other, net (5,875) 5,000
Cash Flows from Financing Activities 771,553 29,490
Effect of Exchange Rates on Cash and Cash Equivalents 3,527 (5,808)
Increase (decrease) in Cash and Cash Equivalents (60,168) (66,119)
Cash and cash equivalents, including Restricted Cash, beginning of year 255,828 205,063
Cash and cash equivalents, including Restricted Cash, end of year 195,660 138,944
Supplemental Information:    
Cash Paid for Interest 179,079 185,558
Cash Paid for Income Taxes, Net 19,277 20,847
Non-Cash Investing and Financing Activities:    
Financing Leases 5,190 4,976
Accrued Capital Expenditures 78,466 59,490
Deferred Purchase Obligation and Other 276,300 0
Dividends Payable $ 187,220 $ 185,560