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CONDENSED COMBINED/CONSOLIDATED STATEMENTS OF CASH FLOWS - 10-K (Statement) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities    
Net income $ 150,496 $ 47,947
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 22,311 7,153
Amortization and write-off of deferred financing fees 1,205 902
Loss on disposition of property and equipment 4 (2,974)
Loss on investment in partnership 346 (232)
Deferred taxes 3,573 7,490
Deferred taxes (1,921) 7,834
Noncash lease expense 14,464 1,329
Change in operating assets and liabilities    
Accounts receivable, net (114,416) (36,903)
Other receivables (202) (3,185)
Prepaid expenses and other current assets (6,371) 14,967
Other assets (39,341) 2,193
Escrow funds (4,526) (5,112)
Operating lease obligations (92) (1,091)
Accounts payable 32,808 30,778
Accrued payroll and benefits (5,564) 6,825
Accrued self-insurance liabilities 67,636 32,633
Other accrued expenses (24,390) (25,294)
Other liabilities 168 (20,168)
NET CASH PROVIDED BY OPERATING ACTIVITIES 92,615 57,602
Cash flows from investing activities    
Investment in partnership 0 (15,714)
Non-operating distributions from investment in partnership 2,905 877
Acquisition of facilities (55,374) (79,676)
Purchase of property and equipment (22,862) (124,087)
Cash proceeds from the sale of assets 10 0
NET CASH USED IN INVESTING ACTIVITIES (75,321) (218,600)
Cash flows from financing activities    
Borrowing on lines-of-credit, net of deferred financing fees 154,528 460,923
Payments on lines-of-credit (119,149) (352,120)
Dividends on common stock (60,280) (53,797)
Contributions from non-controlling interest 3,246 0
Borrowings of long-term debt, net of deferred financing fees 87,906 161,474
Payments on long-term debt (53,901) (34,432)
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES 12,350 182,048
Net change in cash 29,644 21,050
Cash, cash equivalents, and restricted cash - beginning of period 68,562 47,512
Cash, cash equivalents, and restricted cash - end of period 98,206 68,562
Supplemental disclosures of cash flow information    
Interest 25,911 6,943
Income taxes 42,554 29,110
Non-cash financing and investing activity    
Accrued capital expenditures $ 717 $ 1,799