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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net (loss) income $ (24,418) $ 39,279
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 70,926 24,125
Share-based compensation expense 6,463 5,403
(Benefit) provision for losses on accounts receivable (521) 5,628
Loss on extinguishment of debt 564 0
Deferred income tax benefit (591) (69)
Changes in operating lease right-of-use assets and lease liabilities (225) (462)
Gain on sale and dispositions of property and equipment (8,269) 0
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 5,240 (12,919)
Merchandise inventories 45,832 58,098
Accounts payable 23,082 (6,967)
Net change in other assets and liabilities 36,483 (33,165)
Other, net 3,832 748
Cash provided by operating activities 158,398 79,699
Investing activities:    
Acquisition, net of cash acquired 0 (1,576,278)
Additions to property and equipment (46,150) (9,609)
Additions to computer software (5,340) (1,352)
Proceeds from sale of property and equipment 17,306 3
Cash used for investing activities (34,184) (1,587,236)
Financing activities:    
Borrowings under amended Receivables Financing Agreement 232,100 0
Repayments under amended Receivables Financing Agreement (328,100) 0
Repayments of debt (26,500) 0
Proceeds from issuance of debt 0 1,691,000
Borrowings under revolving credit facility, net and Receivable Financing Agreement 0 41,700
Financing costs paid 0 (33,744)
Other, net (4,989) (34,762)
Cash (used for) provided by financing activities (127,489) 1,664,194
Effect of exchange rate changes on cash, cash equivalents and restricted cash 284 (669)
Net (decrease) increase in cash, cash equivalents and restricted cash (2,991) 155,988
Cash, cash equivalents and restricted cash at beginning of period 86,185 72,035
Cash, cash equivalents and restricted cash at end of period 83,194 228,023
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds 2,405 4,478
Interest paid 32,536 12,626
Noncash investing activity:    
Unpaid purchases of property and equipment and software at end of period $ 64,658 $ 0