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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 40,595 $ 37,220
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 147,027 149,572
Allowance for doubtful accounts 9,006 (2,233)
Amortization of deferred financing costs and debt discount 1,787 2,000
Accretion of environmental liabilities 5,327 5,134
Changes in environmental liability estimates 5,607 (748)
Deferred income taxes 0 (1,636)
Other expense (income), net 2,865 (2,419)
Stock-based compensation 6,077 9,643
Loss on sale of businesses 3,258 0
Environmental expenditures (6,104) (6,134)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable and unbilled accounts receivable 67,540 (13,284)
Inventories and supplies (9,024) (4,129)
Other current and non-current assets (25,840) (10,706)
Accounts payable (82,134) (20,915)
Other current and long-term liabilities 7,499 (2,895)
Net cash from operating activities 173,486 138,470
Cash flows used in investing activities:    
Additions to property, plant and equipment (125,721) (118,372)
Proceeds from sale and disposal of fixed assets 3,101 7,389
Acquisitions, net of cash acquired (8,877) (29,479)
Proceeds from sale of businesses, net of transactional costs 7,753 0
Additions to intangible assets including costs to obtain or renew permits (1,242) (1,923)
Proceeds from sale of available-for-sale securities 28,851 26,518
Purchases of available-for-sale securities (45,550) (24,001)
Net cash used in investing activities (141,685) (139,868)
Cash flows from (used in) financing activities:    
Change in uncashed checks (1,689) (3,514)
Tax payments related to withholdings on vested restricted stock (3,395) (4,980)
Repurchases of common stock (17,341) (11,272)
Payments on finance leases (1,790) (259)
Principal payments on debt (3,768) (3,768)
Borrowing from revolving credit facility 150,000 0
Payment on revolving credit facility (75,000) 0
Net cash from (used in) financing activities 47,017 (23,793)
Effect of exchange rate change on cash (3,443) 3,139
Increase (decrease) in cash and cash equivalents 75,375 (22,052)
Cash and cash equivalents, beginning of period 371,991 226,507
Cash and cash equivalents, end of period 447,366 204,455
Cash payments for interest and income taxes:    
Interest paid 38,327 39,369
Income taxes paid 1,478 12,697
Non-cash investing activities:    
Property, plant and equipment accrued 7,421 14,103
ROU assets obtained in exchange for operating lease liabilities 16,216 5,575
ROU assets obtained in exchange for finance lease liabilities $ 16,452 $ 23,027