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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (24,728) $ (18,586)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 83,091 92,642
Deferred income taxes (13,881) (15,733)
Stock-based compensation expense 1,132 682
Debt-related amortization 175 525
Gain on disposal of property and equipment (4,566) (1,034)
Changes in certain working capital items:    
Trade receivables 5,926 (6,173)
Prepaid expenses and other current assets (3,023) (647)
Accounts payable, accrued liabilities, and accrued expenses 3,963 14,069
Accrued income taxes (1,247) 5,221
Net cash provided by operating activities 46,842 70,966
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 39,864 12,583
Purchases of property and equipment (57,350) (15,244)
Change in other assets 168 30
Net cash used in investing activities (17,318) (2,631)
FINANCING ACTIVITIES    
Payments of cash dividends (3,142) (1,582)
Shares withheld for employee taxes related to stock-based compensation (211) (158)
Repayments of finance leases and debt (6,949) (63,358)
Payments for Repurchase of Common Stock (8,931) (7,281)
Net cash used in financing activities (19,233) (72,379)
Net increase (decrease) in cash, cash equivalents and restricted cash 10,291 (4,044)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Beginning of period 26,284 41,188
End of period 36,575 37,144
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for interest expense 6,088 10,654
Cash paid during the period for income taxes, net of refunds 6,798 5,860
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 20,166 5,374
Common stock dividends declared in accounts payable 1,552 1,569
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents 22,879 23,861
Restricted cash included in other current assets 251 317
Restricted cash included in other assets 13,445 12,966
Total cash, cash equivalents and restricted cash $ 36,575 $ 37,144