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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 134,837 $ 97,740 $ 65,636
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 292,915 300,725 298,625
Allowance for doubtful accounts 10,133 2,408 15,817
Amortization of deferred financing costs and debt discount 3,666 3,809 3,846
Accretion of environmental liabilities 11,051 10,136 9,806
Changes in environmental liability estimates 10,698 (332) 2,147
Deferred income taxes (9,748) 8,005 19,089
Other expense (income), net 290 (2,897) 4,510
Stock-based compensation 18,502 17,816 16,792
Loss (gain) on sale of businesses 3,376 (687) 0
Loss on early extinguishment of debt 0 6,131 2,488
Environmental expenditures (12,401) (18,701) (10,115)
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable and unbilled accounts receivable 22,422 (33,271) (79,563)
Inventories and supplies (7,933) (15,869) (26,958)
Other current and non-current assets (12,602) (14,421) (7,946)
Accounts payable (80,328) 7,153 46,915
Other current and long-term liabilities 45,719 45,447 12,121
Net cash from operating activities 430,597 413,192 373,210
Cash flows used in investing activities:      
Additions to property, plant and equipment (196,256) (216,324) (193,344)
Proceeds from sale and disposal of fixed assets 9,623 11,655 15,445
Acquisitions, net of cash acquired (8,839) (29,363) (151,023)
Additions to intangible assets including costs to obtain or renew permits (2,029) (3,904) (4,688)
Purchases of available-for-sale securities (70,891) (35,836) (44,772)
Proceeds from sale of available-for-sale securities 61,220 51,202 28,723
Proceeds from sale of businesses, net of transactional costs 7,712 4,714 0
Net cash used in investing activities (199,460) (217,856) (349,659)
Cash flows used in financing activities:      
Change in uncashed checks 5,404 (3,705) 132
Tax payments related to withholdings on vested restricted stock (5,331) (7,429) (3,266)
Repurchases of common stock (74,844) (21,390) (45,080)
Deferred financing costs paid (2,171) (10,079) (4,027)
Payments on finance leases (4,469) (586) 0
Premiums paid on early extinguishment of debt 0 (2,701) (1,238)
Principal payments on debt (7,535) (852,535) (405,768)
Proceeds from issuance of debt, net of discount 0 845,000 348,250
Borrowings from revolving credit facility 150,000 0 50,000
Payments on revolving credit facility (150,000) 0 (50,000)
Net cash used in financing activities (88,946) (53,425) (110,997)
Effect of exchange rate change on cash 4,919 3,573 (5,446)
Increase (decrease) in cash and cash equivalents 147,110 145,484 (92,892)
Cash and cash equivalents, beginning of year 371,991 226,507 319,399
Cash and cash equivalents, end of year 519,101 371,991 226,507
Cash payments for interest and income taxes:      
Interest paid 72,535 60,852 89,171
Income taxes paid, net of refunds 53,123 27,035 20,036
Non-cash investing activities:      
Property, plant and equipment accrued 3,536 30,964 15,657
Payable for estimated purchase price adjustment $ 0 $ 0 $ 4,032