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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ (18,813) $ 25,105
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 14,733 20,231
Amortization of intangible assets 5,505 6,643
Share-based compensation expense 3,417 2,448
Change in debt discounts and deferred debt issuance costs 901 2,017
Deferred income taxes (52) 95
(Gain) loss on sale of property and equipment (132) 20
Changes in other components of working capital 112,448 (108,385)
Other long-term liabilities 2,489 5,027
Other, net 251 95
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 120,747 (46,704)
Cash Flows from Investing Activities:    
Acquisition of property and equipment (12,028) (9,835)
Proceeds from sale of property and equipment 1,434 457
Investments in securities (4,657) (2,910)
Proceeds from maturities and sales of investments in securities 383 6,870
NET CASH USED IN INVESTING ACTIVITIES (14,868) (5,418)
Cash Flows from Financing Activities:    
Proceeds from debt 284,552 74,251
Repayment of debt (275,910) (75,939)
Cash payments related to share-based compensation (1,009) (1,236)
Distributions paid to noncontrolling interests (7,500) 0
Contributions from noncontrolling interests 3,961 4,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 4,094 1,076
Net increase (decrease) in cash, cash equivalents and restricted cash 109,973 (51,046)
Cash, cash equivalents and restricted cash at beginning of period 211,396 451,852
Cash, cash equivalents and restricted cash at end of period $ 321,369 $ 400,806