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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income (loss) $ (192,572) $ 134,150 $ 152,337
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation 49,838 82,732 74,879
Amortization of intangible assets 14,526 35,497 32,155
Share-based compensation expense 9,065 11,642 11,833
Change in debt discounts and deferred debt issuance costs 3,697 5,756 20,153
Deferred income taxes (79,449) (13,887) 48,253
(Gain) loss on sale of property and equipment 145 2,639 (1,673)
Changes in other components of working capital 390,424 (422,227) (169,976)
Other long-term liabilities 14,317 14,766 4,352
Other, net (3,020) 478 459
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 206,971 (148,454) 172,772
Cash Flows from Investing Activities:      
Acquisition of property and equipment (59,780) (38,594) (54,781)
Proceeds from sale of property and equipment 8,599 7,245 14,550
Investments in securities (23,948) (30,761) (31,331)
Proceeds from maturities and sales of investments in securities 9,493 24,771 25,204
NET CASH USED IN INVESTING ACTIVITIES (65,636) (37,339) (46,358)
Cash Flows from Financing Activities:      
Proceeds from debt 693,757 740,743 1,301,282
Repayment of debt (732,101) (777,762) (1,119,887)
Cash payments related to share-based compensation (1,734) (1,989) (1,397)
Distributions paid to noncontrolling interests (47,386) (22,655) (48,467)
Contributions from noncontrolling interests 8,688 7,000 3,000
Debt issuance, extinguishment and modification costs (124) 0 (11,194)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (78,900) (54,663) 123,337
Net increase (decrease) in cash, cash equivalents and restricted cash 62,435 (240,456) 249,751
Cash, cash equivalents and restricted cash at beginning of year 211,396 451,852 202,101
Cash, cash equivalents and restricted cash at end of year $ 273,831 $ 211,396 $ 451,852