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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income $ 37,055 $ 37,704 $ 94,220 $ 95,355
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 52,592 35,760 166,882 99,204
Amortization of deferred financing costs, discount and debt premium     13,861 3,753
Deferred revenue     (4,966)  
Unrealized gain on restricted investment (3,318)   (460)  
Loss on early retirement of debt 1,204   1,204 162
Lease amortization     2,367 1,285
Stock compensation expense 4,300 2,500 15,723 9,645
(Gain) loss on sale or disposal of property and equipment 284 110 (21,668) 393
Impairment charges   3,787 958 13,602
Provision for deferred income taxes     26,080 28,345
Loss from unconsolidated affiliates 1,515 63 2,132 116
Other     1,204 1,119
Change in operating assets and liabilities:        
Accounts receivable     10,147 (441)
Prepaid expenses and other assets     5,489 1,602
Income taxes payable     (30,318) 4,398
Accounts payable and accrued other liabilities     (22,772) 4,910
Net cash provided by operating activities     260,083 263,448
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of property and equipment, net     (135,016) (89,082)
Sale of restricted investments     4,962  
Proceeds from sale of businesses, property and equipment, net of cash sold     169,361 920
Net cash used in business combinations       (306,274)
Investment in and loans to unconsolidated affiliates     (815) (698)
Net cash provided by (used in) investing activities     38,492 (395,134)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Payments on Term Loan     (70,000)  
Net (payments) borrowings under Revolving Credit Facility     (245,000) 180,000
Debt issuance costs     (458) (5,401)
Taxes paid related to net share settlement of equity awards     (7,574) (10,601)
Proceeds from exercise of stock options       154
Payments on other long-term payables     (372) (501)
Net cash (used in) provided by financing activities     (323,404) 763,651
(Decrease) Increase in cash, cash equivalents and restricted cash     (24,829) 631,965
Cash, cash equivalents and restricted cash, beginning of period     246,691 147,749
Cash, cash equivalents and restricted cash, end of period 221,862 779,714 221,862 779,714
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:        
Cash and cash equivalents 208,831 164,086 208,831 164,086
Restricted cash 6,437 1,622 6,437 1,622
Restricted and escrow cash included in other noncurrent assets 6,594 614,006 6,594 614,006
Cash, cash equivalents and restricted cash, end of period $ 221,862 $ 779,714 221,862 779,714
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:        
Interest paid     213,719 86,964
Income taxes paid, net     43,053 3,953
NON-CASH FINANCING ACTIVITIES:        
Payables for capital expenditures     $ 11,292 11,190
6% Senior Notes due 2026        
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from issuance of 6% Senior Notes due 2026       $ 600,000