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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOW FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 60,404 $ 33,051
Net income attributable to non-controlling interest 643 851
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 84,252 73,363
Amortization of operating lease assets 41,622 35,996
Loss on disposal of property and equipment 1,163 2,815
Impairment of long-lived property and equipment 450 285
Loss on equity method investments 2,184 952
Loss from lease modification 219 87
Stock based compensation 23,705 20,835
(Increase) decrease in fair value of investments (256) 153
Gain on settlement of contingent consideration (15,991) 0
Increase in fair value of contingent consideration 0 3,370
Decrease in fair value of warrants (2,389) (934)
Gain on indemnification of deferred shares associated with post acquisition costs. 0 (2,784)
Amortization of debt discount 2,914 7,128
Changes in operating assets and liabilities:    
Accounts receivable, net (5,987) (7,673)
Inventories, net (25,313) (2,870)
Prepaid expenses and other current assets 1,391 (1,129)
Deposits and other assets 44 536
Accounts payable (4,647) 4,084
Accrued liabilities 17,504 4,052
Operating lease liabilities (37,091) (32,114)
Income tax receivable and payable, net 7,024 13,818
NET CASH PROVIDED BY OPERATING ACTIVITIES 151,845 153,872
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment (52,992) (183,594)
Proceeds from disposal of property and equipment 345 319
Investments in securities and associates (7,803) (4,500)
Proceeds from equity investments and notes receivable 7,015 331
NET CASH USED IN INVESTING ACTIVITIES (53,435) (187,444)
CASH FLOW FROM FINANCING ACTIVITIES    
Distributions to non-controlling interest holders (1,127) (803)
Repurchase of Subordinate Voting Shares (33,448) (24,890)
Payments for taxes related to net share settlement of equity awards (5,933) 0
Proceeds from exercise of options and RSUs 9,962 2,683
Proceeds from issuance of notes payable 170,923 16,654
Principal repayment of notes payable (226,780) (912)
NET CASH USED IN FINANCING ACTIVITIES (86,403) (7,268)
CASH AND CASH EQUIVALENTS:    
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,007 (40,840)
CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD 161,634 177,682
CASH AND CASH EQUIVALENTS END OF PERIOD 173,641 136,842
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 16,555 15,564
NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures 3,958 (10,115)
Noncash increase in right of use asset (11,937) (5,599)
Noncash increase in lease liability 11,937 5,599
Issuance of shares associated with contingent consideration 17,259 12,524
Deferred share distributions $ 0 $ (20,454)