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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES:    
Net earnings from continuing operations $ 8,619 $ 20,141
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 94,965 90,936
Pension and post-retirement 2,571 4,745
Deferred income taxes 2,276 4,768
Amortization of stock-based compensation 2,600 1,405
Loss from non-consolidated affiliates 79 406
Net (gain) loss on financial instruments (2,355) 1,740
Changes in assets and liabilities:    
Accounts receivable (5,704) 74,500
Inventory and prepaid supplies 924 (1,361)
Accounts payable 1,226 13,321
Unearned revenue 518 13,361
Accrued expenses, salaries, wages, benefits and other liabilities 23,311 (4,643)
Pension and post-retirement balances (2,437) (2,452)
Other (173) (489)
NET CASH PROVIDED BY OPERATING ACTIVITIES 126,420 216,378
INVESTING ACTIVITIES:    
Expenditures for property and equipment (102,321) (218,801)
Proceeds from property and equipment 895 9,860
Acquisitions and investments in businesses (9,800) (800)
NET CASH (USED IN) INVESTING ACTIVITIES (111,226) (209,741)
FINANCING ACTIVITIES:    
Principal payments on long term obligations (140,105) (25,214)
Proceeds from revolving credit facilities 95,000 105,000
Payments for financing costs 0 (484)
Purchase of common stock 0 (21,918)
Withholding taxes paid for conversion of employee stock awards (463) (1,553)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (45,568) 55,831
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (30,374) 62,468
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 53,555 27,134
CASH AND CASH EQUIVALENTS AT END OF YEAR 23,181 89,602
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of amount capitalized 31,622 11,652
Federal and state income taxes paid 28 60
Restricted balance of cash 11,459 1,997
SUPPLEMENTAL NON-CASH INFORMATION:    
Accrued expenditures for property and equipment $ 62,653 $ 68,338