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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
6 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Cash flows from operating activities:    
Net income $ 48,480 $ 42,143
Adjustments to reconcile net income to net cash provided by operating activities (net of effect of acquisitions):    
Depreciation and amortization 40,778 51,702
Stock-based compensation expense 3,995 7,485
Gain on sale of property and equipment (9,972) (7,110)
Gain on sale and leaseback transaction (40,084)  
Unrealized gain on interest rate swap (4,571) (2,255)
Other non-cash items 579 566
Changes in assets and liabilities:    
Accounts receivable (105,690) 11,357
Contract assets (63,640) (27,733)
Other current assets (54,142) (19,448)
Other long-term assets (13,118) (181)
Accounts payable 62,877 6,900
Contract liabilities 9,798 (56,688)
Operating lease assets and liabilities, net (1,088) (1,831)
Accrued liabilities 34,932 6,266
Other long-term liabilities (247) (5,010)
Net cash (used in) provided by operating activities (91,113) 6,163
Cash flows from investing activities:    
Purchase of property and equipment (65,815) (62,755)
Proceeds from sale of assets 11,184 10,534
Proceeds from sale and leaseback transaction, net of related expenses 49,887  
Cash paid for acquisitions, net of cash acquired (39,631) (606,974)
Net cash used in investing activities (44,375) (659,195)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 30,000 421,000
Payments on long-term debt (55,957) (79,515)
Proceeds from issuance of common stock   178,712
Debt issuance costs   (4,876)
Dividends paid (6,390) (6,110)
Purchase of common stock (3,370)  
Other (3,083) (4,959)
Net cash provided by financing activities 26,200 504,252
Effect of exchange rate changes on cash, cash equivalents and restricted cash (45) 585
Net change in cash, cash equivalents and restricted cash (109,333) (148,195)
Cash, cash equivalents and restricted cash at beginning of the period 205,643 330,975
Cash, cash equivalents and restricted cash at end of the period 96,310 182,780
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 11,586 11,234
Cash paid for income taxes, net of refunds received 2,145 17,609
Leased assets obtained in exchange for new operating leases 12,865 10,673
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Dividends declared and not yet paid 3,192 3,224
Revolving Credit Facility    
Cash flows from financing activities:    
Borrowings under revolving line of credit or credit facility 65,000 100,000
Payments on revolving line of credit or credit facility   $ (100,000)
Canadian Credit Facility    
Cash flows from financing activities:    
Borrowings under revolving line of credit or credit facility 12,379  
Payments on revolving line of credit or credit facility $ (12,379)