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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income $ 80,381 $ 179,614
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 155,438 68,142
Share-based compensation expense 15,765 19,078
Loss on extinguishment of debt 0 40,433
Provision for losses on accounts receivable 5,289 19,270
Deferred income tax expense (benefit) 2,991 (18,286)
Changes in operating lease right-of-use assets and lease liabilities 922 1,190
Gain on sale and dispositions of property and equipment (17,002) 0
Changes in operating assets and liabilities:    
Accounts receivable 7,417 (84,381)
Merchandise inventories (6,823) (284,188)
Accounts payable 30,424 120,821
Net change in other assets and liabilities (45,423) (8,341)
Other, net 8,666 20,484
Cash provided by operating activities 238,045 73,836
Investing activities:    
Acquisition, net of cash acquired (1,684,607) 0
Additions to property and equipment (109,275) (26,446)
Additions to computer software (5,873) (6,179)
Proceeds from sale of property and equipment 29,720 41
Other, net (1,670) 0
Cash used for investing activities (1,771,705) (32,584)
Financing activities:    
Proceeds from issuance of debt 1,691,000 574,900
Borrowings (repayments) under revolving credit facility, net and accounts receivable securitization program 30,000 (90,900)
Repayments of debt (3,000) (553,140)
Borrowings under amended accounts receivable securitization program 697,700 0
Repayments under amended accounts receivable securitization program (770,700) 0
Financing costs paid (42,602) (13,912)
Cash dividends paid 0 (548)
Payment for termination of interest rate swaps 0 (15,434)
Other, net (41,813) (18,188)
Cash provided by (used for) financing activities 1,560,585 (117,222)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (5,752) (2,454)
Net increase (decrease) in cash, cash equivalents and restricted cash 21,173 (78,424)
Cash, cash equivalents and restricted cash at beginning of period 72,035 134,506
Cash, cash equivalents and restricted cash at end of period 93,208 56,082
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds 33,568 83,606
Interest paid 61,889 32,035
Noncash investing activity:    
Unpaid purchases of property and equipment and software at end of period $ 63,158 $ 0