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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income $ (296,268) $ 24,674
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 50,216 50,773
Amortization of contract acquisition costs 677 1,158
Amortization of debt issuance costs 985 534
Imputed interest expense and fair value adjustments to contingent consideration, net (1,047) 6,762
Provision for credit losses 2,644 1,704
(Gain) loss on disposal of assets 1,252 856
Impairment losses 236,856 6,959
Loss on dissolution of subsidiary 0 301
Deferred income taxes 37,148 (10,390)
Excess tax benefit from equity-based awards 1,732 243
Equity-based compensation expense 10,916 9,802
(Gain) loss on foreign currency derivatives 145 247
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 8,315 14,645
Prepaids and other assets (10,804) 20,324
Accounts payable and accrued expenses (996) 43,429
Deferred revenue and other liabilities (8,126) (27,072)
Net cash (used in) provided by operating activities 33,645 144,949
Cash flows from investing activities    
Proceeds from sale of long-live assets 116 28
Purchases of property, plant and equipment (27,682) (32,954)
Net cash used in investing activities (27,566) (32,926)
Cash flows from financing activities    
Net proceeds (borrowings) from line of credit (65,000) (45,000)
Payments on other debt (1,379) (1,217)
Payments of contingent consideration and hold back payments to acquisitions 0 (37,676)
Dividends paid to shareholders (2,847) (24,572)
Payments of debt issuance costs (1,100)  
Payments to noncontrolling interest (4,770) (5,887)
Tax payments related to issuance of restricted stock units (606) (629)
Net cash (used in) provided by financing activities (75,702) (114,981)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4,612) 1,275
Increase (decrease) in cash, cash equivalents and restricted cash (74,235) (1,683)
Cash, cash equivalents and restricted cash, beginning of period 173,905 167,064
Cash, cash equivalents and restricted cash, end of period 99,670 165,381
Supplemental disclosures    
Cash paid for interest 39,919 35,794
Cash paid for income taxes 28,704 23,874
Non-cash investing and financing activities    
Acquisition of long lived assets through finance leases 184 1,560
Acquisition of equipment through increase in accounts payable, net $ (4,384) $ 3,507