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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities      
Net income $ 54,348 $ 101,577 $ 149,221
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 88,392 105,473 146,523
Amortization of debt issuance costs 5,749 4,919 1,068
Deferred income taxes (15,119) (20,438) (147,329)
Provision for credit losses and service credits 25,971 19,394 64,627
Stock-based compensation expense (benefit) 14,628 8,094 (2,895)
Other components of net periodic pension (benefit) cost (44,612) (14,829) 42,236
Impairment charges 102,222 3,611 24,911
(Gain) loss on foreign currency exchange rates (1,591) 745 0
Bargain purchase gain (10,883) 0 0
Other, net (2,866) (2,569) 8,987
Changes in working capital items, excluding acquisitions:      
Accounts receivable (5,242) 74,368 41,382
Contract assets 2,764 5,628 369
Prepaid expenses and other assets 2,518 6,084 472
Accounts payable and accrued liabilities (41,105) (125,883) (86,161)
Other liabilities (26,601) 4,397 (10,639)
Net cash provided by operating activities 148,573 170,571 232,772
Cash Flows from Investing Activities      
Additions to fixed assets and capitalized software (29,233) (26,849) (27,757)
Proceeds from the sale of assets 0 6,836 1,546
Acquisition of a business, net of cash acquired (22,793) (175,370) 0
Other 0 (1,192) 0
Net cash (used in) investing activities (52,026) (196,575) (26,211)
Cash Flows from Financing Activities      
Proceeds from ABL Facility 976,296 1,046,249 1,143,700
Payments of ABL Facility (961,670) (1,085,558) (1,169,446)
Purchase of treasury stock 0 0 (30,626)
Proceeds from exercises of stock options and stock warrants 6,789 20,967 11,241
Other 0 (13,960) (546)
Net cash (used in) provided by financing activities (91,097) 39,088 (206,067)
Effect of exchange rate changes on cash and cash equivalents (827) (1,933) 0
Increase in cash and cash equivalents and restricted cash 4,623 11,151 494
Cash and cash equivalents and restricted cash, beginning of period 13,557 2,406 1,912
Cash and cash equivalents and restricted cash, end of period 18,180 13,557 2,406
Supplemental Information      
Cash paid for interest 57,084 66,737 72,931
Cash paid for income taxes, net 58,259 63,893 24,799
Term Loan      
Cash Flows from Financing Activities      
Proceeds from Term Loan 0 418,070 0
Proceeds from Term Loan, related party 0 260,930 0
Repayments of term loan (104,165) (110,215) 0
Repayments of term loan, related party (8,347) (47,785) 0
Senior Term Loan      
Cash Flows from Financing Activities      
Repayments of term loan 0 (335,821) (113,747)
Repayments of term loan, related party $ 0 $ (113,789) $ (46,643)