Description of the business (Tables)

3 Months Ended

Mar. 31, 2022

Description of the business

Schedule of diluted weighted average shares

	Three Months Ended	Three Months Ended
	March 31,	March 31,
	2022	2021
Weighted average common shares - basic	46,575,848	46,067,096
Dilutive effect of stock options	21,310	26,065
Dilutive effect of restricted stock	332,033	414,097
Weighted average common shares - diluted	46,929,191	46,507,258

Schedule of unvested and anti-dilutive shares

	March 31, 2022	March 31, 2021
Unvested shares of restricted common stock	1,352,439	1,454,033
Anti-dilutive options for common stock	85,921	77,832
Anti-dilutive shares of restricted common stock	479,655	392,410

Schedule of Stockholders' Deficit

The following details the changes in stockholders’ deficit for the three months ended March 31, 2022 and March 31, 2021 (in thousands except share amounts):

						Accumulated
				Additional		Other				Total
	Common Stock			Paid-in		Comprehensive		Accumulated		Stockholders’
	Shares	Amount		Capital		Income (Loss)		Deficit		Equity (Deficit)
Balance at December 31, 2020	47,214,077	$	47	$	515,867	$	(1,306)	$	(807,774)	$	(293,166)
Forfeitures of shares granted to employees	(19,676)		—		—		—		—		—
Equity-based compensation	—		—		7,831		—		—		7,831
Foreign currency translation	—		—		—		(5,210)		—		(5,210)
Issuances of common stock	323,700		1		—		—		—		1
Exercises of options	4,571		—		215		—		—		215
Dividends paid	—		—		—		—		(36,081)		(36,081)
Net income	—		—		—		—		18,851		18,851
Balance at March 31, 2021	47,522,672	$	48	$	523,913	$	(6,516)	$	(825,004)	$	(307,559)

						Accumulated
				Additional		Other				Total
	Common Stock			Paid-in		Comprehensive		Accumulated		Stockholders’
	Shares	Amount		Capital		Income (Loss)		Deficit		Equity (Deficit)
Balance at December 31, 2021	47,674,189	$	48	$	547,734	$	(11,003)	$	(909,877)	$	(373,098)
Forfeitures of shares granted to employees	(9,582)		—		—		—		—		—
Equity-based compensation	—		—		6,614		—		—		6,614
Foreign currency translation	—		—		—		(2,165)		—		(2,165)
Issuances of common stock	256,800		—		—		—		—		—
Exercises of options	5,173		—		204		—		—		204
Dividends paid	—		—		—		—		(41,298)		(41,298)
Net income	—		—		—		—		1,137		1,137
Balance at March 31, 2022	47,926,580	$	48	$	554,552	$	(13,168)	$	(950,038)	$	(408,606)

Schedule of lease cost

	Three Months			Three Months
	Ended			Ended
	March 31, 2022			March 31, 2021
Finance lease costs
Amortization of right-of-use assets	$	6,998		$	6,346
Interest expense on finance lease liabilities		5,081			5,226
Operating lease cost		4,773			4,417
Total lease costs		16,852			15,989
Other lease information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases		(6,621)			(5,396)
Operating cash flows from operating leases		(4,811)			(4,993)
Financing cash flows from finance leases		(5,863)			(5,744)
Right-of-use assets obtained in exchange for new finance lease liabilities		6,982			6,336
Right-of-use assets obtained in exchange for new operating lease liabilities		4,841			2,720
Weighted-average remaining lease term — finance leases (in years)		12.6			12.4
Weighted-average remaining lease term — operating leases (in years)		18.5			19.9
Weighted average discount rate — finance leases		8.9	%		10.1	%
Weighted average discount rate — operating leases		5.4	%		5.6	%

Schedule of future minimum payments under these operating lease and finance lease agreements

The future minimum payments under these operating lease and finance lease agreements are as follows (in thousands):

	Operating		Finance
For the Twelve Months Ending March 31,	Leases		Leases
2022	$	17,795	$	36,157
2023		18,263		35,470
2024		17,161		35,999
2025		14,325		28,815
2026		12,601		28,349
Thereafter		110,462		250,421
Total minimum lease obligations		190,607		415,211
Less—amounts representing interest		(66,833)		(169,962)
Present value of minimum lease obligations		123,774		245,249
Current maturities		(12,118)		(17,147)
Lease obligations, net of current maturities	$	111,656	$	228,102

Schedule of impact on financial statement line items from adopting ASC 326

			Current-period
			Provision for		Write offs
	Beginning		Expected Credit		Charged Against		Ending
Description	Balance		Losses		Allowance		Balance
Allowance for credit losses (deducted from accounts receivable)
Three months ended March 31, 2022	$	1,510	$	946	$	(980)	$	1,476
Three months ended March 31, 2021	$	1,921	$	2,012	$	(2,476)	$	1,457