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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (29,737) $ 5,410
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35,483 32,368
Noncash operating lease expense 14,431 14,711
Equity in earnings of joint ventures, net of dividends (2,599) (4,324)
Amortization of deferred financing costs and loan discount 728 748
Loss on sale and disposal of equipment 402 186
Lease abandonment charges 5,388 0
Amortization of cash flow hedge, net of taxes 1,033 739
Non-cash change in fair value of interest rate swap 2,106 (1,216)
Stock-based compensation 28,494 11,897
Change in fair value of contingent consideration 0 1,974
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:    
Accounts receivable (14,306) (25,865)
Other current assets (7,206) (6,277)
Other assets (1,691) (5,892)
Deferred taxes 5,137 (1,158)
Operating leases (21,968) (12,883)
Deferred revenue 128 (172)
Accounts payable, accrued expenses and other 25,658 6,841
Net cash provided by operating activities 41,481 17,088
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of imaging facilities and other acquisitions (3,794) (3,531)
Purchase of property and equipment and other (48,833) (57,409)
Proceeds from sale of equipment 23 2
Equity contributions in existing joint ventures (4,147) 0
Net cash used in investing activities (56,751) (60,938)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on notes and leases payable (1,718) (1,102)
Payments on term loan debt (5,000) (1,875)
Contribution from noncontrolling partners 0 4,169
Distributions paid to noncontrolling interests (913) 0
Proceeds from sale of economic interests in majority owned subsidiary, net of taxes 0 8,713
Proceeds from issuance of common stock 0 218,383
Proceeds from issuance of common stock upon exercise of options 121 8
Net cash (used in) provided by financing activities (7,510) 228,296
EFFECT OF EXCHANGE RATE CHANGES ON CASH 83 (36)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (22,697) 184,410
CASH AND CASH EQUIVALENTS, beginning of period 740,020 342,570
CASH AND CASH EQUIVALENTS, end of period 717,323 526,980
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid during the period for interest 18,010 18,285
Cash paid during the period for income taxes $ 272 1
Maximum    
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on sale and disposal of equipment   $ 187