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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ 21,862 $ (22,958)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 46,667 43,289
Amortization of operating lease right-of-use assets 36,834 34,094
Equity in earnings of joint ventures, net of dividends (5,406) (2,900)
Amortization of deferred financing costs and loan discount 1,959 2,163
(Gain) loss on sale and disposal of equipment and other (2,874) 202
Loss on extinguishment of debt 1,496 0
Amortization of cash flow hedge, net of taxes 1,845 892
Non-cash change in fair value of interest rate hedge (11,280) 3,843
Stock-based compensation 17,145 8,078
Change in fair value of contingent consideration 1,292 (97)
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:    
Accounts receivable (28,156) 29,018
Other current assets 2,963 9,884
Other assets (4,997) (4,257)
Deferred taxes 5,297 (11,678)
Operating lease liability (36,564) (30,182)
Deferred revenue (7,147) 44,384
Accounts payable, accrued expenses and other 17,765 27,690
Net cash provided by operating activities 58,701 131,465
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of imaging facilities and other acquisitions (64,918) (4,188)
Purchase of property and equipment (53,799) (64,193)
Proceeds from sale of equipment 500 779
Equity contributions in existing and purchase of interest in joint ventures (1,441) 0
Net cash used in investing activities (119,658) (67,602)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes and leases payable (3,304) (1,814)
Payments on term loan debt (613,279) (21,648)
Proceeds from debt refinancing, net of issuing costs 716,369 0
Proceeds from paycheck protection program loans 0 4,023
Proceeds from revolving credit facility 128,300 250,900
Payments on revolving credit facility (128,300) (250,900)
Proceeds from issuance of common stock upon exercise of options 26 0
Net cash provided by (used in) financing activities 99,812 (19,439)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (21) (6)
NET INCREASE IN CASH AND CASH EQUIVALENTS 38,834 44,418
CASH AND CASH EQUIVALENTS, beginning of period 102,018 40,165
CASH AND CASH EQUIVALENTS, end of period 140,852 84,583
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 13,774 22,826
Equipment acquired and leasehold improvements 42,100 $ 31,800
Investment in joint ventures $ 41,375