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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 188,167 $ 193,471
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 174,455 172,166
Allowance for doubtful accounts 1,209 6,927
Amortization of deferred financing costs and debt discount 2,718 3,135
Accretion of environmental liabilities 6,893 6,353
Changes in environmental liability estimates 387 1,232
Deferred income taxes (356) 2,226
Other expense (income), net 1,167 (1,969)
Stock-based compensation 10,518 12,547
Loss on early extinguishment of debt 2,362 0
Gain on sale of business 0 (8,864)
Environmental expenditures (16,323) (7,028)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable and unbilled accounts receivable (5,659) (263,584)
Inventories and supplies (1,111) (23,888)
Other current and non-current assets (22,749) (25,504)
Accounts payable (78,139) 45,748
Other current and long-term liabilities (27,966) 19,002
Net cash from operating activities 235,573 131,970
Cash flows used in investing activities:    
Additions to property, plant and equipment (204,298) (148,042)
Proceeds from sale and disposal of fixed assets 2,944 3,023
Acquisitions, net of cash acquired (120,636) (68,766)
Proceeds from sale of business, net of transaction costs 0 17,486
Additions to intangible assets including costs to obtain or renew permits (1,114) (836)
Purchases of available-for-sale securities (74,451) (23,182)
Proceeds from sale of available-for-sale securities 50,290 32,835
Net cash used in investing activities (347,265) (187,482)
Cash flows used in financing activities:    
Change in uncashed checks 2,392 475
Tax payments related to withholdings on vested restricted stock (4,335) (2,571)
Repurchases of common stock (8,001) (33,694)
Deferred financing costs paid (6,346) (321)
Payments on finance leases (7,588) (6,552)
Principal payments on debt (618,975) (8,768)
Proceeds from issuance of debt 500,000 0
Borrowing from revolving credit facility 114,000 0
Payment on revolving credit facility (114,000) 0
Net cash used in financing activities (142,853) (51,431)
Effect of exchange rate change on cash 718 (1,001)
Decrease in cash and cash equivalents (253,827) (107,944)
Cash and cash equivalents, beginning of period 492,603 452,575
Cash and cash equivalents, end of period 238,776 344,631
Cash payments for interest and income taxes:    
Interest paid 49,257 48,104
Income taxes paid, net of refunds 92,494 29,307
Non-cash investing activities:    
Property, plant and equipment accrued 26,427 21,156
Remedial liability assumed in acquisition of property, plant and equipment 0 13,073
ROU assets obtained in exchange for operating lease liabilities 38,474 20,686
ROU assets obtained in exchange for finance lease liabilities $ 13,992 $ 7,646