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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES:    
Net loss $ (161,705) $ (11,846)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 35,017 29,110
Net amortization of deferred financing costs (net of original issue discount and debt premium) 2,929 2,027
Net deferred taxes (benefit) and other (53,030) (3,860)
Provision for bad debts 1,271 94
Net (gain) on sale or disposal (22,280) (2,563)
Non-cash stock-based compensation expense 2,998 5,179
Deferred compensation loss (gain) 1,257 (4,806)
Impairment loss 130,405 3,291
Change in fair value of contingent consideration 0 (7,704)
Changes in assets and liabilities (net of effects of acquisitions and dispositions):    
Accounts receivable 21,222 13,626
Prepaid expenses and deposits 1,354 1,928
Other assets (830) 926
Accounts payable and accrued liabilities (17,275) (17,407)
Accrued interest expense (402) (43)
Operating leases (4,710) 639
Other long-term liabilities (5,429) (9,019)
Net cash (used in) provided by operating activities (69,208) (428)
INVESTING ACTIVITIES:    
Additions to property, equipment and software (25,024) (46,904)
Proceeds from sale of property, equipment, intangibles and other assets 32,724 2,960
Net cash provided by (used in) investing activities 7,700 (43,944)
FINANCING ACTIVITIES:    
Borrowing under the revolving senior debt 39,000 60,000
Payments of revolving senior debt 0 (22,727)
Retirement of notes 0 (10,000)
Proceeds from issuance of employee stock plan 0 309
Purchase of vested employee restricted stock units (129) (1,890)
Payment of dividends on common stock (39) 0
Payment of dividend equivalents on vested restricted stock units 0 (178)
Treasury stock (1) 0
Net cash (used in) provided by financing activities 38,831 25,514
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (22,677) (18,858)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 103,344 59,439
CASH AND CASH EQUIVALENTS, END OF PERIOD 80,667 40,581
Cash paid (received) during the period for:    
Interest 63,876 44,437
Income taxes $ 1,687 $ (14,792)