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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 21,480 $ 9,726
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 16,541 8,473
Amortization of debt issuance costs and non-cash interest 1,762 1,602
Gain on disposal of property and equipment (598) (441)
Deferred taxes 6,223 761
Stock-based compensation expense 6,196 1,670
Loss on interest rate hedge 272 0
Changes in operating assets and liabilities (Note 17) 385 (26,116)
Net cash provided by (used in) operating activities 52,261 (4,325)
Cash flows from investing activities:    
Capital expenditures (14,574) (4,854)
Proceeds from sale of property and equipment 769 802
Net cash used in investing activities (13,805) (4,052)
Cash flows from financing activities:    
Repayments of debt (22,644) (5,763)
Distributions to noncontrolling interest owners 0 (5,100)
Purchase of treasury stock 0 (3,201)
Other 9,067 76
Net cash used in financing activities (13,577) (13,988)
Net change in cash and cash equivalents 24,879 (22,365)
Cash and cash equivalents at beginning of period 45,733 94,095
Cash and cash equivalents at end of period $ 70,612 $ 71,730