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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities    
Net loss $ (171,868) $ (36,641)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 84,713 92,700
Amortization related to the 2.75% Convertible Notes (See Note 14) 6,458 0
Gain on sales of property and equipment, net (4,870) (13,936)
Deferred income taxes 996 (2,150)
Stock-based compensation 5,203 8,924
Equity in net loss from unconsolidated joint ventures 38,529 93,274
Net income from affiliates (4,415) (10,159)
Non-cash impairment charges (See Note 4) 156,690 0
Other non-cash adjustments 2,071 4,630
Changes in assets and liabilities, net of the effect of an acquisition in 2019:    
Receivables (98,118) (225,558)
Contract assets, net 144,558 (21,539)
Inventories (13,226) (6,178)
Contributions to unconsolidated construction joint ventures (38,044) (57,280)
Distributions from unconsolidated construction joint ventures and affiliates 9,279 13,181
Other assets, net (6,208) (10,390)
Accounts payable (16,559) 143,678
Accrued expenses and other current liabilities, net 43,477 946
Net cash provided by (used in) operating activities 138,666 (26,498)
Investing activities    
Purchases of marketable securities (9,996) 0
Maturities of marketable securities 10,000 20,000
Proceeds from called marketable securities 24,996 0
Purchases of property and equipment (74,901) (83,329)
Proceeds from sales of property and equipment 12,283 28,104
Cash paid to purchase business 0 (6,227)
Other investing activities, net (4,283) (3,756)
Net cash used in investing activities (41,901) (45,208)
Financing activities    
Proceeds from debt 50,000 105,574
Debt principal repayments (6,321) (86,018)
Cash dividends paid (17,777) (18,240)
Repurchases of common stock (753) (6,916)
Contributions from non-controlling partners 9,250 0
Distributions to non-controlling partners (10,060) (12,234)
Other financing activities, net 324 1,242
Net cash provided by (used in) financing activities 24,663 (16,592)
Net increase (decrease) in cash, cash equivalents and restricted cash 121,428 (88,298)
Cash, cash equivalents and restricted cash, beginning of period 268,108 278,629
Total cash, cash equivalents and restricted cash, end of period 389,536 190,331
Supplementary Information    
Right of use assets obtained in exchange for lease obligations 9,486 19,005
Cash paid for operating lease liabilities 16,137 13,713
Cash paid during the period for:    
Interest 11,966 13,758
Income taxes 2,360 11,900
Non-cash investing and financing activities:    
RSUs issued, net of forfeitures 4,685 8,573
Accrued cash dividends $ 5,935 $ 6,076