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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income (loss) $ (127,597) $ (192,572) $ 134,150
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation 42,992 49,838 82,732
Amortization of intangible assets 2,237 14,526 35,497
Share-based compensation expense 12,259 9,065 11,642
Change in debt discounts and deferred debt issuance costs 5,458 3,697 5,756
Deferred income taxes (64,820) (79,449) (13,887)
(Gain) loss on sale of property and equipment (5,016) 145 2,639
Changes in other components of working capital 428,910 390,424 (422,227)
Other long-term liabilities 3,754 14,317 14,766
Other, net 10,294 (3,020) 478
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 308,471 206,971 (148,454)
Cash Flows from Investing Activities:      
Acquisition of property and equipment (52,953) (59,780) (38,594)
Proceeds from sale of property and equipment 10,062 8,599 7,245
Investments in securities (48,351) (23,948) (30,761)
Proceeds from maturities and sales of investments in securities 12,997 9,493 24,771
NET CASH USED IN INVESTING ACTIVITIES (78,245) (65,636) (37,339)
Cash Flows from Financing Activities:      
Proceeds from debt 712,324 693,757 740,743
Repayment of debt (773,999) (732,101) (777,762)
Cash payments related to share-based compensation (969) (1,734) (1,989)
Distributions paid to noncontrolling interests (46,500) (47,386) (22,655)
Contributions from noncontrolling interests 2,000 8,688 7,000
Debt issuance, extinguishment and modification costs (2,233) (124) 0
NET CASH USED IN FINANCING ACTIVITIES (109,377) (78,900) (54,663)
Net increase (decrease) in cash, cash equivalents and restricted cash 120,849 62,435 (240,456)
Cash, cash equivalents and restricted cash at beginning of year 273,831 211,396 451,852
Cash, cash equivalents and restricted cash at end of year $ 394,680 $ 273,831 $ 211,396