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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net income $ 55,926 $ 137,214
Adjustments to reconcile net income to net cash provided by operating activities:    
Distributions from unconsolidated subsidiaries 7,486 11,633
Depreciation and amortization 51,039 49,620
Provision for expected credit losses 94 67
Equity in earnings of unconsolidated subsidiaries (5,397) (9,919)
Loss (gain) on sale or disposal of assets (23) 72
Stock compensation expense 8,823 6,709
Amortization of debt discount, premium and issuance costs 558 543
Deferred income taxes 420 (897)
Changes in operating assets and liabilities, net of effects of business combinations:    
Accounts receivable (52,225) (60,142)
Other current assets (1,819) (4,425)
Other assets 2,686 961
Accounts payable 16,074 23,460
Accrued expenses (31,076) 21,167
Government advances (62,928) 0
Unearned government assistance 101 19,207
Income taxes 16,598 44,618
Net cash provided by operating activities 6,337 239,888
Investing activities    
Business combinations, net of cash acquired (5,186) (6,314)
Purchases of property and equipment (46,845) (39,719)
Investment in businesses (3,337) (6,571)
Proceeds from sale of assets 37 19
Net cash used in investing activities (55,331) (52,585)
Financing activities    
Borrowings on revolving facilities 280,000 0
Payments on revolving facilities (100,000) 0
Borrowings of other debt 15,794 8,915
Principal payments on other debt (9,188) (9,342)
Dividends paid to common stockholders (16,691) 0
Repurchase of common stock (51,676) 0
Decrease in overdrafts (7,608) 0
Proceeds from issuance of non-controlling interests 5,229 0
Distributions to and purchases of non-controlling interests (10,295) (13,663)
Net cash provided by (used in) financing activities 105,565 (14,090)
Net increase in cash and cash equivalents 56,571 173,213
Cash and cash equivalents at beginning of period 74,310 577,061
Cash and cash equivalents at end of period 130,881 750,274
Supplemental Information    
Cash paid for interest 53,517 52,470
Cash paid for taxes $ 923 $ 1,343