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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (1,040) $ (21,919)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 151,945 167,333
Non-cash operating lease costs 8,392 7,248
Share-based compensation 30,633 24,393
Provision for credit losses on accounts receivable 2,289 2,296
Deferred income taxes (14,575) (25,658)
Loss on sale of businesses 3,780 0
Goodwill impairment on business 85,273 56,850
(Income) loss from equity method investments, net (8,095) 9,665
Loss on investments, net 7,654 29,203
Other 2,390 5,113
Decrease (increase) in:    
Accounts receivable 46,576 11,043
Prepaid expenses and other current assets (8,152) (10,059)
Other assets (2,794) (7,961)
Increase (decrease) in:    
Accounts payable (66,313) 1,955
Deferred revenue 9,269 (6,820)
Accrued liabilities and other current liabilities (15,150) (14,839)
Net cash provided by operating activities 232,082 227,843
Cash flows from investing activities:    
Purchases of property and equipment (79,476) (82,476)
Acquisition of businesses, net of cash received (211,526) (9,492)
Purchases of equity method investment 0 (11,790)
Proceeds from sale of equity investments 19,455 3,174
Proceeds from sale of businesses, net of cash divested 7,860 0
Other (884) (4,154)
Net cash used in investing activities (264,571) (104,738)
Cash flows from financing activities:    
Payment of debt (134,989) 0
Repurchase of common stock (183,981) (107,341)
Issuance of common stock under employee stock purchase plan 4,525 4,725
Deferred payments for acquisitions (7,442) (14,141)
Other (1,209) (53)
Net cash used in financing activities (323,096) (116,810)
Effect of exchange rate changes on cash and cash equivalents 4,095 1,536
Net change in cash and cash equivalents (351,490) 7,831
Cash and cash equivalents at beginning of period 737,612 652,793
Cash and cash equivalents at end of period $ 386,122 $ 660,624