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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income (loss) $ 108,303 $ 95,481
Adjustments to reconcile net income (loss) to net cash flow from operating activities:    
Depreciation and amortization 143,137 86,698
Amortization of intangible assets and contract liabilities, net (7,450) (20,353)
Deferred income taxes 20,499 (5,275)
Amortization of share-based compensation 7,051 7,538
Other costs, net (11,469) 1,705
Changes in components of working capital and other operating activities:    
Change in taxes receivable (3,998) (32,710)
Net changes in other operating assets and liabilities 14,987 (4,395)
Net cash provided by (used in) operating activities 271,060 128,689
Cash flows from investing activities    
Capital expenditures (113,536) (166,610)
Proceeds from insurance claims 15,391 0
Net cash provided by (used in) investing activities (98,145) (166,610)
Cash flows from financing activities    
Warrants exercised 38 6
Share repurchases (20,000) 0
Dividend payments (81,406) (59,418)
Taxes withheld on employee stock transactions (9,073) (53,431)
Finance lease payments (6,019) 0
Net cash provided by (used in) financing activities (116,460) (112,843)
Net increase (decrease) in cash, cash equivalents, and restricted cash 56,455 (150,764)
Cash, cash equivalents, and restricted cash, beginning of period 252,279 367,745
Cash, cash equivalents, and restricted cash, end of period $ 308,734 $ 216,981