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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 12,355 $ 275
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 66,843 63,495
Noncash operating lease expense 30,006 31,601
Equity in earnings of joint ventures (6,713) 6,096
Amortization of deferred financing costs and loan discount 1,541 1,494
Loss on sale and disposal of equipment 587 656
Loss on extinguishment of debt 2,080 0
Amortization of cash flow hedge, net of taxes 7,256 1,844
Non-cash change in fair value of interest rate hedge 674 (66)
Stock-based compensation 16,645 17,055
Change in fair value of contingent consideration 1,974 3,098
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:    
Accounts receivable (31,581) (8,124)
Other current assets 5,242 4,703
Other assets (5,553) (6,590)
Deferred taxes 1,791 (2,249)
Operating leases (27,707) (28,582)
Deferred revenue (185) 1,033
Accounts payable, accrued expenses and other 57,835 14,952
Net cash provided by operating activities 133,090 100,691
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of imaging facilities and other acquisitions (32,771) (10,315)
Purchase of property and equipment and other (104,095) (95,380)
Proceeds from sale of equipment 9 73
Equity contributions in existing and purchase of interest in joint ventures (1,421) (288)
Net cash used in investing activities (138,278) (105,910)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes and leases payable (2,624) (1,052)
Payments on Term Loan Debt (682,438) (7,376)
Proceeds from debt refinancing, net of issuing costs 863,869 0
Contribution from noncontrolling partners 4,169 0
Payments on contingent consideration (3,614) 0
Distributions paid to noncontrolling interests (2,423) (3,523)
Proceeds from sale of economic interests in majority owned subsidiary, net of taxes 8,713 0
Proceeds from issuance of common stock 218,385 246,202
Proceeds from issuance of common stock upon exercise of options 367 51
Net cash provided by financing activities 404,404 234,302
EFFECT OF EXCHANGE RATE CHANGES ON CASH (107) (266)
NET INCREASE IN CASH AND CASH EQUIVALENTS 399,109 228,817
CASH AND CASH EQUIVALENTS, beginning of period 342,570 127,834
CASH AND CASH EQUIVALENTS, end of period 741,679 356,651
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 34,203 39,301
Cash paid during the period for income taxes $ 705 $ 201