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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 $ 107,267 $ 68,978 $ 203,785
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 69,618 59,132 101,178
Amortization of operating lease right-of-use assets 33,235 29,394 44,078
Loss on impairment of assets 3,073 144 73,756
Loss (gain) on sales and disposal of subsidiaries, property and equipment and leases, net 9,603 (11,146) (609,529)
Non-cash interest expense 1,018 1,591 6,761
Non-cash share-based compensation expense 7,114 8,776 10,172
Bad debt expense 43,733 21,972 34,370
Deferred income taxes (55,856) (530) 195,563
Unrealized foreign currency exchange loss (gain) 75,488 13,907 (7,033)
Non-cash loss from non-income tax contingencies 0 743 12,150
Other, net 283 6,086 1,106
Loss on derivative instruments 0 0 24,517
Loss on debt extinguishment 0 0 77,999
Payments for lease settlements 0 0 (46,804)
Changes in operating assets and liabilities:      
Receivables (51,738) (27,524) (15,986)
Prepaid expenses and other assets 2,621 4,800 (17,433)
Accounts payable and accrued expenses (4,260) (10,464) (45,329)
Income tax receivable/payable, net 23,298 31,330 (101,126)
Deferred revenue and other liabilities (13,717) (18,959) (98,277)
Net cash provided by (used in) operating activities 250,780 178,230 (156,082)
Cash flows from investing activities      
Purchase of property and equipment (56,437) (52,756) (50,444)
Expenditures for deferred costs (20) (312) (5,843)
Receipts from sales of discontinued operations, net of cash sold, property and equipment 4,539 83,414 2,150,820
Settlement of derivatives related to sale of discontinued operations and net investment hedge 0 0 (50,341)
Net cash (used in) provided by investing activities (51,918) 30,346 2,044,192
Cash flows from financing activities      
Proceeds from issuance of long-term debt, net of original issue discount 153,772 496,253 46,493
Payments on long-term debt (243,438) (433,705) (942,030)
Payments to purchase noncontrolling interests (123) 0 0
Payments of special dividends, special cash distributions, and dividend equivalent rights (112,478) (253,188) (1,374,855)
Proceeds from exercise of stock options 2,308 13,216 3,411
Payments to repurchase common stock 0 (282,151) (380,505)
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options (623) (1,994) (2,769)
Payment of debt issuance costs (1,306) 0 (32,980)
Net cash used in financing activities (201,888) (461,569) (2,683,235)
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash 6,641 1,202 (14,724)
Change in cash included in current assets held for sale (502) 0 288,126
Net change in Cash and cash equivalents and Restricted cash 3,113 (251,791) (521,723)
Cash and cash equivalents and Restricted cash at beginning of period 93,784 345,575 867,298
Cash and cash equivalents and Restricted cash at end of period $ 96,897 $ 93,784 $ 345,575