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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities      
Net income (loss) $ 23,452 $ 24,795 $ (92,735)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 51,043 52,483 53,750
Deferred income taxes (1,609) 1,820 6,012
(Income) loss from discontinued operations 822 (148) (558)
Restructuring charges 1,174 3,059 6,066
Impairment charges 0 583 0
Gains on dispositions of property and other assets (98) (272) (9,374)
Gain on sale of ON Services 204 (19,637) 0
Share-based compensation expense 11,452 10,241 7,727
Multi-employer pension plan withdrawal 0 0 57
Other non-cash items, net 6,605 12,843 5,318
Change in operating assets and liabilities (excluding the impact of acquisitions and disposition):      
Receivables (5,520) (39,402) (75,450)
Inventories 781 (2,587) 129
Current contract costs (5,676) (4,651) (3,284)
Accounts payable 556 7,756 46,694
Restructuring liabilities (1,450) (2,735) (5,923)
Accrued compensation 3,347 11,321 4,221
Contract liabilities 8,406 5,607 20,881
Income taxes payable 461 7,147 1,003
Other assets and liabilities, net 10,728 5,208 (2,386)
Net cash provided by (used in) operating activities 104,678 73,431 (37,852)
Cash flows from investing activities      
Capital expenditures (76,089) (67,170) (57,936)
Cash paid for acquisitions, net (41) (25,494) (8,227)
Proceeds from sale of ON Services 1,168 28,926 0
Proceeds from dispositions of property and other assets 107 470 14,360
Net cash used in investing activities (74,855) (63,268) (51,803)
Cash flows from financing activities      
Proceeds from borrowings 162,049 107,580 461,322
Payments on debt and finance obligations (184,537) (103,491) (345,297)
Dividends paid on preferred stock (7,801) (7,801) (3,900)
Distributions to noncontrolling interest, net of contributions from noncontrolling interest (2,726) (570) (843)
Payments of debt issuance costs (1,667) (418) (1,767)
Payment of payroll taxes on stock-based compensation through shares withheld or repurchased (1,482) (1,428) (1,626)
Net cash (used in) provided by financing activities (36,164) (6,128) 107,889
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 806 (3,774) 4,098
Net change in cash, cash equivalents, and restricted cash (5,535) 261 22,332
Cash, cash equivalents, and restricted cash, beginning of year 64,564 64,303 41,971
Cash, cash equivalents, and restricted cash, end of year $ 59,029 $ 64,564 $ 64,303