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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net (loss) income $ (421,205) $ 74,704
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization, including patient equipment depreciation 290,419 248,835
Goodwill impairment 511,866 0
Equity-based compensation 17,284 16,784
Change in fair value of warrant liability (31,886) (17,145)
Reduction in the carrying amount of operating lease right-of-use assets 26,309 16,924
Reduction in the carrying amount of finance lease right-of-use assets 3,821 0
Deferred income tax (benefit) expense (37,033) 18,058
Change in fair value of interest rate swaps, net of reclassification adjustment (1,394) (2,202)
Amortization of deferred financing costs 3,926 3,926
Other 350 (2,023)
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable (10,043) 2,357
Inventory 12,769 (3,992)
Prepaid and other assets 10,956 4,211
Operating lease obligations (26,959) (16,794)
Operating liabilities (23,780) (66,696)
Net cash provided by operating activities 325,400 276,947
Cash flows from investing activities:    
Purchases of equipment and other fixed assets (248,816) (248,511)
Payments for business acquisitions, net of cash acquired (17,917) (16,134)
Payments for cost method investments (128) (731)
Net cash used in investing activities (266,861) (265,376)
Cash flows from financing activities:    
Proceeds from borrowings on long-term debt 50,000 0
Repayments on long-term debt (75,000) (15,000)
Repayments of finance lease liabilities (4,558) (14,219)
Payments for shares purchased under share repurchase program (9,224) (13,992)
Proceeds from the exercise of stock options 538 1,388
Proceeds received in connection with employee stock purchase plan 2,031 1,616
Payments relating to the Tax Receivable Agreement (3,202) 0
Distributions to noncontrolling interest (2,500) (2,000)
Payments for tax withholdings from restricted stock vesting and stock option exercises (5,253) (2,690)
Payments of contingent consideration and deferred purchase price from acquisitions (1,500) (5,563)
Net cash used in financing activities (48,668) (50,460)
Net increase (decrease) in cash 9,871 (38,889)
Cash at beginning of period 46,272 149,627
Cash at end of period 56,143 110,738
Supplemental disclosures:    
Cash paid for interest 113,083 97,389
Cash paid for income taxes 5,727 10,490
Noncash investing and financing activities:    
Equipment acquired under finance lease obligations 0 1,335
Unpaid equipment and other fixed asset purchases at end of period 32,481 50,864
Assets subject to operating lease obligations 8,179 5,411
Operating lease obligations (8,179) (5,411)
Assets subject to finance lease obligations 19,726 0
Finance lease obligations (19,726) 0
Deferred purchase price in connection with acquisitions $ 50 $ 422