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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (50,331) $ (141,303)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 56,279 58,220
Non-cash operating lease costs 29,431 30,225
Stock-based compensation 60,026 78,469
Amortization of discount and debt issue costs 1,264 1,592
Gain on remeasurement of contingent consideration (1,975) (4,443)
Other, net 998 5,105
Change in operating assets and liabilities, net of businesses acquired:    
Patient accounts receivable, net (32,757) (48,484)
Prepaid expenses and other current assets (3,924) (52,293)
Accounts payable 620 (3,848)
Accrued payroll expenses 9,381 7,622
Operating lease liabilities (34,300) (30,109)
Other accrued expenses 10,232 65,568
Net cash provided by (used in) operating activities 44,944 (33,679)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (15,265) (29,106)
Acquisitions of businesses, net of cash acquired 0 (19,820)
Net cash used in investing activities (15,265) (48,926)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 0 25,000
Payments of debt issue costs 0 (188)
Payments of long-term debt (2,194) (1,821)
Payments of contingent consideration (3,694) (6,402)
Net cash (used in) provided by financing activities (5,888) 16,589
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 23,791 (66,016)
Cash and Cash Equivalents - Beginning of period 78,824 108,621
CASH AND CASH EQUIVALENTS – END OF PERIOD 102,615 42,605
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest, net 19,023 15,424
Cash paid for taxes, net of refunds 59 416
SUPPLEMENTAL DISCLOSURES OF NON CASH INVESTING AND FINANCING ACTIVITIES    
Contingent consideration incurred in acquisitions of businesses 0 1,985
Acquisition of property and equipment included in liabilities $ 1,203 $ 5,303