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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net (loss) income including noncontrolling interests $ (92,112) $ 35,276
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Depreciation and amortization 24,531 28,359
Amortization of debt issue costs 4,099 657
Loss (gain) on disposal of property and equipment 198 (3)
Loss on extinguishment of debt 211,018 0
Deferred taxes 4,796 (2,586)
Foreign currency transaction gains and losses 2,311 (290)
Equity in losses of unconsolidated joint ventures 2,060 5,840
Return on investments in unconsolidated joint ventures 16,106 7,793
Stock-based compensation 10,523 6,992
Contributions of treasury stock 15,030 14,435
Changes in assets and liabilities, net of acquisitions and consolidated joint ventures:    
Accounts receivable (110,066) (47,482)
Contract assets (11,715) (49,098)
Prepaid expenses and other assets (21,602) (27,948)
Accounts payable 31,685 8,009
Accrued expenses and other current liabilities (77,591) (10,898)
Contract liabilities (17,090) 16,113
Income taxes (51,080) 6,408
Other long-term liabilities (4,521) (567)
Net cash used in operating activities (63,420) (8,990)
Cash flows from investing activities:    
Capital expenditures (9,436) (8,146)
Proceeds from sale of property and equipment 2 19
Investments in unconsolidated joint ventures (36,076) (13,016)
Proceeds from sales of investments in unconsolidated joint ventures 0 381
Net cash used in investing activities (45,510) (20,762)
Cash flows from financing activities:    
Proceeds from borrowings under credit agreement 153,200 5,700
Repayments of borrowings under credit agreement (153,200) (5,700)
Proceeds from issuance of convertible notes due 2029 800,000  
Repurchases of convertible notes due 2025 (495,575)  
Payments for debt issuance costs (18,941)  
Contributions by noncontrolling interests 0 200
Distributions to noncontrolling interests (11,258) (638)
Repurchases of common stock 0 (6,000)
Taxes paid on vested stock (16,914) (6,064)
Capped call transactions (88,400) 0
Bond Hedge Termination 195,549 0
Redemption of warrants (104,952) 0
Net cash (used in) provided by financing activities 259,509 (12,502)
Effect of exchange rate changes (402) 154
Net increase (decrease) in cash, cash equivalents, and restricted cash 150,177 (42,100)
Cash, cash equivalents and restricted cash:    
Beginning of year 272,943 262,539
End of period $ 423,120 $ 220,439