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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income (loss) $ 90,855 $ (209,294)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 64,245 59,240
Provision for severance benefits 38,691 44,482
Equity-based compensation 69,899 55,593
Non-cash operating lease expense 83,514 77,223
Other 28,716 16,514
Change in operating assets and liabilities:    
Accounts receivable, net 55,691 266
Inventories (60,966) 6,863
Other assets 59,658 (66,512)
Accounts payable 162,166 28,044
Accrued expenses (46,905) (49,981)
Other liabilities (44,261) (17,377)
Net cash provided by (used in) operating activities 501,303 (54,939)
Investing activities    
Purchases of property and equipment (95,221) (238,906)
Proceeds from sale of property and equipment 664 4,245
Other investing activities 11,825 (14,367)
Net cash used in investing activities (82,732) (249,028)
Financing activities    
Proceeds from issuance of common stock, equity-based compensation plan 3,495 8,183
Proceeds from short-term borrowings and long-term debt 31,952 343,975
Repayment of short-term borrowings and long-term debt (842) (152,029)
Net short-term borrowings and other financing activities 43,514 (1,547)
Net cash provided by financing activities 78,119 198,582
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (60,029) (27,404)
Net increase (decrease) in cash and cash equivalents, and restricted cash 436,661 (132,789)
Cash and cash equivalents, and restricted cash, as of beginning of period 3,687,274 3,810,347
Cash and cash equivalents, and restricted cash, as of end of period $ 4,123,935 $ 3,677,558