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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 11,759 $ 41,317
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,728 13,827
Share-based compensation expense 5,128 6,199
Other 523 (1,337)
Changes in operating assets and liabilities:    
Inventories 5,268 15,999
Customer deposits 8,103 (1,661)
Other assets and liabilities 2,569 10,546
Accounts payable and accrued liabilities (7,089) (5,516)
Net cash provided by operating activities 41,989 79,374
Cash Flows from Investing Activities:    
Capital expenditures (24,285) (46,428)
Proceeds from sale of land, property and equipment 461 53
Net cash used in investing activities (23,824) (46,375)
Cash Flows from Financing Activities:    
Dividends paid (15,295) (14,301)
Common stock repurchased 0 (3,194)
Taxes on vested restricted shares (3,282) (4,082)
Net cash used in financing activities (18,577) (21,577)
Change in cash, cash equivalents and restricted cash equivalents during the period (412) 11,422
Cash, cash equivalents and restricted cash equivalents at beginning of period 127,777 129,930
Cash, cash equivalents and restricted cash equivalents at end of period $ 127,365 $ 141,352