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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 217,906 $ 154,543
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, accretion, and amortization 65,048 76,750
(Gain) loss on remeasurement of U.S. denominated intercompany loans (54,641) 42,980
Non-cash compensation expense 15,713 21,469
Non-cash asset impairment and decommission costs 35,726 38,944
Loss from extinguishment of debt, net   4,428
Deferred and non-cash income tax provision 35,682 8,283
Loss on sale of assets 18,785  
Other non-cash items reflected in the Statements of Operations 19,998 16,661
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net 10,399 51,093
Prepaid expenses and other assets (4,642) (722)
Operating lease right-of-use assets, net 33,080 34,694
Accounts payable and accrued expenses (8,537) (20,395)
Accrued interest (26,941) (24,783)
Long-term lease liabilities (32,787) (37,055)
Other liabilities (23,614) (72,437)
Net cash provided by operating activities 301,175 294,453
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions (63,388) (19,405)
Capital expenditures (46,173) (57,871)
Purchase of investments (228,376) (311,839)
Proceeds from sale of investments 415,840 311,000
Repayment (funding) of loan to unconsolidated joint venture 115,000 (5,500)
Proceeds from sale of assets 40,428  
Other investing activities 4,935 (1,695)
Net cash provided by (used in) investing activities 238,266 (85,310)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under Revolving Credit Facility   125,000
Repayments under Revolving Credit Facility   (110,000)
Proceeds from issuance of Term Loans, net of fees   2,274,825
Repayment of Term Loans (5,750) (2,268,000)
Repayment of Tower Securities (1,165,000)  
Repurchase and retirement of common stock   (106,157)
Payment of dividends on common stock (122,275) (108,135)
Proceeds from employee stock purchase/stock option plans 36,002 17,091
Payments related to taxes on stock options and restricted stock units (24,288) (17,800)
Other financing activities (824) 1,764
Net cash used in financing activities (1,282,135) (191,412)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 6,143 (4,345)
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (736,551) 13,386
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:    
Beginning of period 1,400,657 250,946
End of period 664,106 264,332
Cash paid during the period for:    
Interest 132,221 121,143
Income taxes 7,452 7,417
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH ACTIVITIES:    
Right-of-use assets obtained in exchange for new operating lease liabilities 28,098 4,861
Operating lease modifications and reassessments 31,417 $ 13,520
Right-of-use assets obtained in exchange for new finance lease liabilities $ 879