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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (172,635) $ (72,649)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 64,952 51,392
Interest expense pursuant to repurchase accounting 51,931 0
Amortization of debt issuance costs, debt premium, and original issue discounts 1,297 1,260
Loss on disposal of assets 6,806 3,183
Deferred taxes 23 0
Non-cash equity-based compensation and other expense 32,136 20,023
Fair value changes in derivatives (1,916) 4,519
Unrealized loss (gain) on foreign currency transactions, net 77 (95)
Change in operating assets and liabilities:    
Accounts and other receivables 19,381 (13,573)
Prepaid expenses and other current and long-term assets (1,093) (21,687)
Inventories (8,164) (14,399)
Finished goods subject to repurchase accounting (29,389) 0
Derivatives 1,188 (3,983)
Accounts payable, accrued liabilities, and other current liabilities (25,476) (10,852)
Deferred revenue 101,669 (178)
Accrued interest 3,126 (1,123)
Other long-term liabilities (14,134) (10,729)
Net cash provided by (used in) operating activities 29,779 (68,891)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (136,871) (97,405)
Payment for acquisition of a business 0 (5,000)
Net cash used in investing activities (136,871) (102,405)
Cash flows from financing activities:    
Principal payments on senior secured revolving credit facility, net (281,500) (36,000)
Proceeds from debt issuance 102,900 31,270
Proceeds from capital contribution of New Market Tax Credit financing 0 12,763
Principal payments on other long-term debt and finance lease obligations (16,089) (16,474)
Cash paid related to debt issuance costs and deferred offering costs (1,769) (5,308)
Support payments received 9,821 4,197
Proceeds from sale of finished goods subject to repurchase accounting 23,545 0
Proceeds from issuance of Series A Preferred Stock, net, which was converted into common stock 247,924 0
Proceeds from issuance of Enviva Inc. common shares, net 0 333,009
Cash dividends (57,020) (105,646)
Payment for withholding tax associated with Long-Term Incentive Plan vesting (16,175) (16,577)
Net cash provided by financing activities 11,637 201,234
Net (decrease) increase in cash, cash equivalents, and restricted cash (95,455) 29,938
Cash, cash equivalents, and restricted cash, beginning of period 251,077 18,518
Cash, cash equivalents, and restricted cash, end of period 155,622 48,456
Non-cash investing and financing activities:    
Property, plant, and equipment acquired included in accounts payable and accrued liabilities 15,286 12,843
Supplemental information:    
Interest paid, net of capitalized interest $ 36,884 $ 23,432