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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income (loss) $ 86,020 $ (17,649)
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation, amortization and accretion 23,893 17,749
Asset retirement obligation acceleration 500 0
Amortization of debt related costs 491 185
Changes in fair value of contingent assets and liabilities 26,900 25,900
Gain on extinguishment of debt 0 (889)
Provision for excess and obsolete inventory 3,185 2,039
Stock-based compensation 13,035 7,905
Gain on sale of assets 0 (15,263)
Deferred taxes 6,598 2,685
Long-term income tax receivable (793) (731)
Long-term income tax payable and other long-term liabilities 1,154 1,147
Other 2,172 1,097
(Decreases) increases in cash from operating assets and liabilities:    
Accounts receivable (100,994) 1,551
Inventory (2,013) 1,888
Other current assets 744 2,171
Other long-term assets (533) 0
Accounts payable (861) 5,888
Accrued expenses and other liabilities 23,363 14
Net cash provided by operating activities 82,861 35,687
Investing activities    
Capital expenditures (7,533) (5,176)
Proceeds from sale of assets, net 1,800 15,823
Net cash (used in) provided by investing activities (5,733) 10,647
Financing activities    
Payments on long-term debt and other borrowings (5,219) (38,137)
Proceeds from stock option exercises 6,780 4,086
Proceeds from issuance of common stock 577 337
Payments for minimum statutory tax withholding related to net share settlement of equity awards (6,328) (1,792)
Net cash used in financing activities (4,190) (35,506)
Effect of foreign exchange rates on cash, cash equivalents and restricted cash (19) 120
Net increase in cash, cash equivalents and restricted cash 72,919 10,948
Cash, cash equivalents and restricted cash, beginning of period 100,651 82,694
Cash, cash equivalents and restricted cash, end of period 173,570 93,642
Reconciliation to amounts within the condensed consolidated balance sheets    
Cash and cash equivalents 171,427 91,500
Restricted cash included in other long-term assets 2,143 2,142
Cash, cash equivalents and restricted cash at end of period $ 173,570 $ 93,642