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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Operating activities      
Net income (loss) $ 2,414 $ (166,181) $ (56,702)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 109,050 112,958 121,993
Amortization related to the 2.75% Convertible Notes (see Note 14) 9,448 8,693 1,425
Gain on sales of property and equipment, net (see Note 11) (66,439) (6,930) (18,703)
Deferred income taxes 16,600 8,817 (22,924)
Stock-based compensation 6,407 6,377 10,213
Equity in net loss from unconsolidated joint ventures 765 51,486 120,632
Net income from affiliates (12,586) (8,783) (11,454)
Non-cash impairment charges (see Note 2) 0 156,690 0
Other non-cash adjustments 0 1,729 4,020
Changes in assets and liabilities:      
Receivables (11,317) 6,840 (58,947)
Contract assets, net 12,046 123,670 (40,084)
Inventories 774 5,136 380
Contributions to unconsolidated construction joint ventures (61,780) (50,878) (83,765)
Distributions from unconsolidated construction joint ventures and affiliates 22,004 11,065 19,064
Deposit for legal settlement (see Note 20) (129,000) 0 0
Other assets, net (11,969) (1,035) (3,928)
Accounts payable 7,396 (40,999) 140,027
Accrual for legal settlement (see Note 20) 129,000 0 0
Accrued expenses and other liabilities, net (882) 49,805 (9,809)
Net cash provided by operating activities 21,931 268,460 111,438
Investing activities      
Purchases of marketable securities (10,000) (9,996) 0
Maturities of marketable securities 0 10,000 30,000
Proceeds from called marketable securities 0 24,996 5,000
Purchases of property and equipment (94,810) (93,253) (106,828)
Proceeds from sales of property and equipment (see Note 11) 94,802 16,702 37,091
Cash paid to purchase business 0 0 (6,227)
Proceeds from the sale of a business 0 5,000 0
Issuance of notes receivable, net of collection (11,470) 5,289 721
Other investing activities, net 0 0 (79)
Net cash used in investing activities (21,478) (41,262) (40,322)
Financing activities      
Proceeds from debt 0 50,000 105,574
Proceeds from issuance of 2.75% Convertible Notes 0 0 230,000
Proceeds from issuance of warrants 0 0 11,500
Purchase of Hedge Option, net 0 0 (37,375)
Debt principal repayments (8,922) (83,433) (313,150)
Cash dividends paid (23,804) (23,712) (24,316)
Repurchases of common stock (2,730) (885) (36,900)
Contributions from non-controlling partners 20,126 11,875 68
Distributions to non-controlling partners (9,514) (11,810) (12,235)
Debt issuance costs 0 0 (6,507)
Other financing activities, net 398 307 1,704
Net cash used in financing activities (24,446) (57,658) (81,637)
Net increase (decrease) in cash, cash equivalents and restricted cash (23,993) 169,540 (10,521)
Cash, cash equivalents, and restricted cash 437,648 268,108 278,629
Cash, cash equivalents, and restricted cash 413,655 437,648 268,108
Cash, cash equivalents, and restricted cash (18,008) (12,356) (15,763)
Cash and cash equivalents 395,647 425,292 252,345
Supplementary Information      
Right of use assets obtained in exchange for lease obligations 23,379 10,000 25,360
Cash paid for operating lease liabilities 23,203 21,654 18,660
Cash paid during the period for:      
Interest 14,593 18,753 17,322
Income taxes 2,066 2,805 11,898
Other non-cash operating activities:      
Performance guarantees (167) 350 (6,284)
Non-cash investing and financing activities:      
Reclassification of the equity portion of the 2.75% Convertible Notes from debt to equity (See Note 14) 0 0 37,375
RSUs issued, net of forfeitures 8,299 4,449 8,596
Dividends declared but not paid 5,959 5,937 5,915
Contributions from non-controlling partners $ 9,006 $ 0 $ 0
The 2.75% Convertible Notes [Member]      
Interest rate 2.75% 2.75%  
Convertible Debt [Member] | The 2.75% Convertible Notes [Member]      
Interest rate 2.75% 2.75% 2.75%