XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net income $ 188,669 $ 99,765
Noncash items included in net income:    
Depreciation and amortization 76,896 70,031
Deferred income taxes (907) 3,183
Other, net 3,862 5,640
Changes in operating assets and liabilities, net (60,615) (38,479)
Net cash provided by operating activities 207,905 140,140
Investing Activities:    
Acquisition of property and equipment (156,351) (100,202)
Proceeds from disposal of property and equipment 1,060 236
Net cash used in investing activities (155,291) (99,966)
Financing Activities:    
Repayments of revolving credit agreement (1,000) (27,614)
Borrowings of revolving credit agreement 1,000 27,614
Proceeds from stock option exercises 1,008 3,678
Shares withheld for taxes (11,230) (6,350)
Repayment of finance leases (11,109) (9,950)
Net cash used in financing activities (21,331) (12,622)
Net Increase in Cash and Cash Equivalents 31,283 27,552
Cash and Cash Equivalents, beginning of period 106,588 25,308
Cash and Cash Equivalents, end of period $ 137,871 $ 52,860