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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net loss $ (13,873) $ (15,108)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,628 46,504
Deferred income taxes (7,998) (9,178)
Stock-based compensation expense 667 283
Debt-related amortization 175 263
(Gain) loss on disposal of property and equipment (1,784) 89
Changes in certain working capital items:    
Trade receivables (3,371) (5,192)
Prepaid expenses and other current assets 1,291 2,586
Accounts payable, accrued liabilities, and accrued expenses 4,784 5,732
Accrued income taxes 4,324 4,997
Net cash provided by operating activities 25,843 30,976
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 11,905 6,649
Purchases of property and equipment (23,558) (4,697)
Change in other assets 154 0
Net cash provided by (used in) investing activities (11,499) 1,952
FINANCING ACTIVITIES    
Payments of cash dividends (1,570) 0
Shares withheld for employee taxes related to stock-based compensation (96) (63)
Repayments of finance leases and debt (1,342) (36,660)
Net cash used in financing activities (3,008) (36,723)
Net increase (decrease) in cash, cash equivalents and restricted cash 11,336 (3,795)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning of period 26,284 41,188
End of period 37,620 37,393
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest expense 3,169 5,289
Cash paid during the period for income taxes, net of refunds (328) (77)
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 32,444 4,812
Common stock dividends declared in accounts payable 1,572 1,582
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 23,873 23,823
Restricted cash included in other current assets 269 323
Restricted cash included in other assets 13,478 13,247
Total cash, cash equivalents and restricted cash $ 37,620 $ 37,393