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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net earnings (loss) $ 122,761 $ (246,771) $ (271,592)
Adjustments to reconcile net earnings (loss) to net cash provided by operations:      
Depreciation and amortization 201,443 213,718 219,921
Provision (credit) for doubtful accounts 1,183 (138) 3,716
Provision (benefit) for deferred income taxes 37,782 (44,419) 25,163
Gain on disposition of assets (8,279) (5,761) (118)
Impairments and other charges 0 340,713 561,274
Amortization of share-based compensation 13,865 15,713 14,722
Amortization of major maintenance costs 29,031 33,213 30,214
Other (283) (640) (90)
Increase (decrease) in cash flows resulting from changes in:      
Accounts receivable (31,550) 29,126 (124,941)
Inventory (127,095) (19,248) 47,076
Other assets (27,801) (38,335) (29,994)
Income taxes payable 1,975 480 8,826
Accounts payable 75,996 15,951 (39,795)
Accrued and other liabilities 5,100 27,974 558
Net cash provided by operating activities 294,128 321,576 444,940
Cash flows from investing activities:      
Capital expenditures (172,606) (98,015) (148,185)
Acquisitions of businesses and marine equipment, net of cash acquired (3,900) (9,115) (354,972)
Proceeds from disposition of assets and other 36,905 51,342 17,310
Net cash used in investing activities (139,601) (55,788) (485,847)
Cash flows from financing activities:      
Borrowings (payments) on bank credit facilities, net 1,358 (248,105) 250,024
Borrowings on long-term debt 310,000 0 0
Payments on long-term debt (395,000) (60,000) (150,000)
Payment of debt issue costs (1,977) 0 0
Proceeds from exercise of stock options 3,887 629 353
Payments related to tax withholding for share-based compensation (3,408) (2,856) (3,193)
Treasury stock purchases (22,901) 0 0
Return of investment to noncontrolling interests and other (722) (981) (676)
Net cash provided by (used in) financing activities (108,763) (311,313) 96,508
Increase (decrease) in cash and cash equivalents 45,764 (45,525) 55,601
Cash and cash equivalents, beginning of year 34,813 80,338 24,737
Cash and cash equivalents, end of year 80,577 34,813 80,338
Cash paid (received) during the period:      
Interest paid 42,816 40,878 48,721
Income taxes paid (refunded), net 2,553 (116,648) (35,571)
Operating cash outflow from operating leases 44,229 44,089 43,639
Non-cash investing activity:      
Capital expenditures included in accounts payable 2,996 18,633 (13,280)
Right-of-use assets obtained in exchange for lease obligations $ 22,799 $ 33,842 $ 46,511