XML 61 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 142,893 $ 125,577
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on disposal of assets and impairments 135 16,372
Depreciation 150,821 146,847
Amortization of intangibles 31,638 30,542
Amortization of leases 5,353 7,214
Deferred income taxes, net of acquisitions 23,259 10,126
Amortization of debt issuance costs 3,420 1,148
Share-based compensation 13,046 15,168
Interest accretion 4,352 3,972
Adjustments to contingent consideration   1,466
Other 2,308 (145)
Net change in operating assets and liabilities, net of acquisitions (7,639) 5,485
Net cash provided by operating activities 369,586 363,772
Cash flows from investing activities:    
Payments for acquisitions, net of cash acquired (5,943) (14,920)
Capital expenditures for property and equipment (137,781) (114,238)
Proceeds from disposal of assets 3,499 639
Change in restricted investments, net of interest income 4,348  
Other 2,251 473
Net cash used in investing activities (133,626) (128,046)
Cash flows from financing activities:    
Proceeds from long-term debt 1,790,625 55,354
Principal payments on notes payable and long-term debt (970,393) (52,051)
Payment of contingent consideration recorded at acquisition date (1,976) (275)
Change in book overdraft (3,848) (2,784)
Payments for repurchase of common shares (105,654)  
Payments for cash dividends (48,018) (42,084)
Tax withholdings related to net share settlements of equity-based compensation (23,090) (16,973)
Debt issuance costs (10,936)  
Proceeds from sale of common shares held in trust 679 3,610
Net cash provided by (used in) financing activities 627,389 (55,203)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,364) 193
Net increase in cash, cash equivalents and restricted cash 860,985 180,716
Cash, cash equivalents and restricted cash at beginning of period 423,221 403,966
Cash, cash equivalents and restricted cash at end of period $ 1,284,206 $ 584,682