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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 11,140 $ (2,213)
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Provision for losses on accounts receivable 402 320
Reversal (deferral) of gain on sales to equity method investee 45 (2)
Depreciation and amortization 14,087 18,187
Amortization of deferred financing fees 0 37
Deferred income tax expense (benefit) 4,735 (904)
Income tax (expense) benefit arising from restricted share vesting and stock options exercised (120) 9
Stock-based compensation expense 2,594 466
(Income) Loss from equity method investment (2,960) 735
Gain on disposition of property and equipment (923) (1,524)
Gain on reversal of contingent loss of discontinued operations (3,412) 0
Gain on investment in available-for-sale securities (63) 0
Changes in operating assets and liabilities:    
Receivables and advances (6,917) (48,218)
Prepaid expenses and other assets (1,064) 3,802
Inventory and supplies (352) 398
Insurance and claims accrual (8,739) 22,805
Accounts payable and accrued expenses 1,163 2,586
Net cash flows provided (used) by operating activities 9,616 (3,516)
Cash flows from investing activities:    
Purchase of available-for-sale securities (33) 245
Acquisition of property and equipment (3,907) (35,240)
Proceeds from disposition of property and equipment 13,871 18,497
Net cash flows provided (used) by investing activities 9,931 (16,498)
Cash flows from financing activities:    
Change in checks outstanding in excess of bank balances (646) (111)
Proceeds from issuance of notes payable 0 29,746
Repayments of notes payable (8,713) (18,993)
Repayments of finance lease obligations (633) (1,305)
Proceeds under revolving credit facility 216,128 411,981
Repayments under revolving credit facility (220,651) (387,719)
Payment of minimum tax withholdings on stock compensation (531) (6)
Common stock repurchased (8,118) (17,515)
Net cash flows (used) provided by financing activities (23,164) 16,078
Net change in cash and cash equivalents (3,617) (3,936)
Cash and cash equivalents at beginning of period 8,407 43,591
Cash and cash equivalents at end of period $ 4,790 $ 39,655