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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities      
Net loss $ (28,195) $ (40,876) $ (108,160)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 52,562 46,711 44,042
Amortization of deferred financing costs and other, net 3,699 3,368 2,669
Amortization of right-to-use lease assets 893 811 608
Stock-based compensation 9,833 13,886 6,992
Deferred income taxes 2,052 2,719 5,481
Loss (gain) on foreign currency 1,065 (751) 1,236
Write-off of unamortized issuance costs related to debt refinancing 0 3,860 9,004
Changes in operating assets and liabilities      
Prepaid expenses and other current assets (1,238) (3,454) (19,695)
Unearned passenger revenues 52,966 7,098 32,503
Other long-term assets (2,037) (1,871) 2,556
Other long-term liabilities 0 0 689
Accounts payable and accrued expenses 1,750 (5,210) 20,530
Operating lease liabilities (995) (850) (658)
Net cash provided by (used in) operating activities 92,355 25,441 (2,203)
Cash Flows From Investing Activities      
Purchases of property and equipment (33,520) (29,963) (38,205)
Acquisition (net of cash acquired) (10,559) 0 0
Sale of securities 0 15,163 (15,000)
Proceeds from loan principal repayment 0 0 3,610
Net cash used in investing activities (44,079) (14,800) (49,595)
Cash Flows From Financing Activities      
Purchase of redeemable noncontrolling interest (16,721) 0 0
Proceeds from long-term debt 0 275,000 360,000
Repayments of long-term debt (49) (205,704) (352,941)
Payment of deferred financing costs (21) (7,489) (10,874)
Repurchase under stock-based compensation plans and related tax impacts (2,974) (1,128) (1,056)
Net cash (used in) provided by financing activities (19,765) 60,679 (4,871)
Effect of exchange rate changes on cash 288 0 0
Net increase in cash, cash equivalents and restricted cash 28,799 71,320 (56,669)
Cash, cash equivalents and restricted cash at beginning of period 187,344 116,024 172,693
Cash, cash equivalents and restricted cash at end of period 216,143 187,344 116,024
Supplemental disclosures of cash flow information:      
Interest 49,423 43,695 25,815
Income taxes 319 711 309
Non-cash investing and financing activities:      
Non-cash preferred stock dividend 4,641 4,373 4,671
Shares issued in connection with acquisition 6,000 0 0
Additional paid-in capital exercise proceeds of option shares 145 0 0
Additional paid-in capital exchange proceeds used for option shares $ (145) $ 0 $ 0