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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net earnings (loss) $ 222,905 $ 122,761 $ (246,771)
Adjustments to reconcile net earnings (loss) to net cash provided by operations:      
Depreciation and amortization 211,156 201,443 213,718
Provision (credit) for doubtful accounts 402 1,183 (138)
Provision (benefit) for deferred income taxes 65,298 37,782 (44,419)
Gain on disposition of assets (5,009) (8,279) (5,761)
Impairments and other charges 0 0 340,713
Amortization of share-based compensation 14,941 13,865 15,713
Amortization of major maintenance costs 28,966 29,031 33,213
Other (3,338) (283) (640)
Increase (decrease) in cash flows resulting from changes in:      
Accounts receivable (50,135) (31,550) 29,126
Inventory 7,694 (127,095) (19,248)
Other assets (37,688) (27,801) (38,335)
Income taxes payable 71,604 1,975 480
Accounts payable (18,271) 75,996 15,951
Accrued and other liabilities 31,703 5,100 27,974
Net cash provided by operating activities 540,228 294,128 321,576
Cash flows from investing activities:      
Capital expenditures (401,730) (172,606) (98,015)
Acquisitions of businesses and marine equipment, net of cash acquired (37,500) (3,900) (9,115)
Proceeds from disposition of assets and other 26,081 36,905 51,342
Net cash used in investing activities (413,149) (139,601) (55,788)
Cash flows from financing activities:      
Borrowings (payments) on bank credit facilities, net 48,776 1,358 (248,105)
Borrowings on long-term debt 240,000 310,000 0
Payments on long-term debt (350,000) (395,000) (60,000)
Payment of debt issue costs (1,254) (1,977) 0
Proceeds from exercise of stock options 4,209 3,887 629
Payments related to tax withholding for share-based compensation (3,908) (3,408) (2,856)
Treasury stock purchases (112,803) (22,901) 0
Return of investment to noncontrolling interests and other (99) (722) (981)
Net cash used in financing activities (175,079) (108,763) (311,313)
Increase (decrease) in cash and cash equivalents (48,000) 45,764 (45,525)
Cash and cash equivalents, beginning of year 80,577 34,813 80,338
Cash and cash equivalents, end of year 32,577 80,577 34,813
Cash paid (received) during the period:      
Interest paid 49,317 42,816 40,878
Income taxes paid (refunded), net (65,787) 2,553 (116,648)
Operating cash outflow from operating leases 43,954 44,229 44,089
Non-cash investing activity:      
Capital expenditures included in accounts payable 9,567 2,996 18,633
Right-of-use assets obtained in exchange for lease obligations $ 39,153 $ 22,799 $ 33,842