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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income including noncontrolling interests $ 46,623 $ 26,041
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 61,090 69,308
Amortization of debt issue costs 1,302 1,530
(Gain) loss on disposal of property and equipment (96) 297
Provision for doubtful accounts (3) 0
Deferred taxes (2,149) (4,217)
Foreign currency transaction gains and losses 1,461 2,395
Equity in earnings of unconsolidated joint ventures (11,211) (16,958)
Return on investments in unconsolidated joint ventures 19,434 18,132
Stock-based compensation 8,358 11,361
Contributions of treasury stock 26,544 26,518
Changes in assets and liabilities, net of acquisitions and newly consolidated joint ventures:    
Accounts receivable (109,681) 58,146
Contract assets (17,866) 8,360
Prepaid expenses and other assets (3,521) (11,153)
Accounts payable (8,079) (34,372)
Accrued expenses and other current liabilities (7,314) (97,541)
Contract liabilities 13,360 (5,957)
Income taxes 3,107 (2,402)
Other long-term liabilities 3,977 (11,025)
Net cash provided by operating activities 25,336 38,463
Cash flows from investing activities:    
Capital expenditures (13,588) (9,171)
Proceeds from sale of property and equipment 251 384
Payments for acquisitions, net of cash acquired (379,272) 256
Investments in unconsolidated joint ventures (11,228) (26,373)
Return of investments in unconsolidated joint ventures 0 727
Proceeds from sales of investments in unconsolidated joint ventures 0 14,335
Net cash used in investing activities (403,837) (19,842)
Cash flows from financing activities:    
Proceeds from borrowings under credit agreement 347,100 0
Repayments of borrowings under credit agreement (147,100) 0
Payments for debt costs and credit agreement 0 (1,826)
Payments for acquired warrants (11,243) 0
Contributions by noncontrolling interests 2,827 872
Distributions to noncontrolling interests (10,344) (21,836)
Repurchases of common stock (15,548) 0
Taxes paid on vested stock (5,963) (2,242)
Proceeds from issuance of common stock 2,724 2,773
Net cash provided by (used in) financing activities 162,453 (22,259)
Effect of exchange rate changes (963) 1,011
Net decrease in cash, cash equivalents, and restricted cash (217,011) (2,627)
Cash, cash equivalents and restricted cash:    
Beginning of year 343,883 487,215
End of period $ 126,872 $ 484,588