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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities attributable to continuing operations:    
Net earnings (loss) $ 38,134 $ (34,766)
Loss from discontinued operations, net of tax 0 (2,236)
Net earnings (loss) attributable to continuing operations 38,134 (32,530)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities attributable to continuing operations:    
Depreciation 65,741 69,687
Provision for credit losses 43,694 64,790
Stock-based compensation expense 28,093 33,590
Non-cash lease expense (including impairment of right-of-use assets) 13,813 9,136
Deferred income taxes (24,595) (12,128)
Amortization of intangibles 0 7,958
Other adjustments, net 373 (405)
Changes in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable (44,665) (58,453)
Other assets 21,094 (7,671)
Accounts payable and other liabilities (3,945) 18,754
Operating lease liabilities (13,870) (16,478)
Income taxes payable and receivable (8,307) 4,862
Deferred revenue 344 4,129
Net cash provided by operating activities attributable to continuing operations 115,904 85,241
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (37,547) (36,105)
Purchases of marketable debt securities 0 (12,362)
Proceeds from maturities of marketable debt securities 0 12,500
Proceeds from sales of fixed assets 6 11
Net cash used in investing activities attributable to continuing operations (37,541) (35,956)
Cash flows from financing activities attributable to continuing operations:    
Purchases of treasury stock (25,675) (3,397)
Purchase of noncontrolling interests (16,019) 0
Withholding taxes paid on behalf of employees on net settled stock-based awards (5,652) (4,780)
Distribution to IAC pursuant to the tax sharing agreement (198) 0
Other, net 0 (57)
Net cash used in financing activities attributable to continuing operations (47,544) (8,234)
Total cash provided by continuing operations 30,819 41,051
Net cash provided by operating activities attributable to discontinued operations 0 3,557
Net cash provided by investing activities attributable to discontinued operations 0 325
Total cash provided by discontinued operations 0 3,882
Effect of exchange rate changes on cash and cash equivalents and restricted cash 448 127
Net increase in cash and cash equivalents and restricted cash 31,267 45,060
Cash and cash equivalents and restricted cash at beginning of period 364,301 322,136
Cash and cash equivalents and restricted cash at end of period $ 395,568 $ 367,196