XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ (128,310) $ (374,362)
Adjustments to net income (loss):    
Depreciation and amortization 177,277 227,063
Deferred income tax expense (benefit) (1,178) 24,903
Impairments and other charges 355 265,779
Amortization of debt discount and deferred financing costs 5,400 8,153
Losses (gains) on debt buyback (8,062) (15,742)
Losses (gains) on long-lived assets, net 8,524 1,391
Losses (gains) on investments, net (315) 5,539
Provision (recovery) of bad debt (2,339) 10,417
Share-based compensation 6,775 9,158
Foreign currency transaction losses (gains), net 2,365 (559)
Noncontrolling interest (8,777) (17,465)
Other 398 188
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable 32,017 (16,008)
Inventory 6,039 (1,421)
Other current assets (6,476) 12,292
Other long-term assets (4,949) 2,046
Trade accounts payable and accrued liabilities (17,697) (76,952)
Income taxes payable 15,766 4,475
Other long-term liabilities 2,677 (9,733)
Net cash provided by (used for) operating activities 79,490 59,162
Cash flows from investing activities:    
Purchases of investments (14)  
Sales and maturities of investments 10,908 1,835
Capital expenditures (40,852) (59,430)
Proceeds from sales of assets and insurance claims 10,839 6,822
Net cash (used for) provided by investing activities (19,119) (50,773)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt   1,000,000
Reduction in long-term debt (16,838) (1,068,405)
Debt issuance costs (2,421) (15,737)
Proceeds from revolving credit facilities 95,000 795,000
Reduction in revolving credit facilities (135,000) (650,000)
Repurchase of common and preferred shares   (13,858)
Dividends to common and preferred shareholders (3,662) (7,937)
Distributions to noncontrolling interest (49,077)  
Other (1,923) (1,491)
Net cash (used for) provided by financing activities (113,921) 37,572
Effect of exchange rate changes on cash and cash equivalents (1,111) (2,219)
Net increase (decrease) in cash and cash equivalents and restricted cash (54,661) 43,742
Cash and cash equivalents and restricted cash, beginning of period 475,280 442,038
Cash and cash equivalents and restricted cash, end of period 420,619 485,780
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents, beginning of period 472,246 435,990
Restricted cash, beginning of period 3,034 6,048
Cash and cash equivalents and restricted cash, beginning of period 475,280 442,038
Cash and cash equivalents, end of period 417,544 480,522
Restricted cash, end of period 3,075 5,258
Cash and cash equivalents and restricted cash, end of period $ 420,619 $ 485,780