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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 income $ 1,290 $ 51,706
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 231,866 274,956
Deferred income tax expense 359 19,507
Stock-based compensation 12,289 12,051
Net gain on asset disposals (709) (2,668)
Other (166) 5,844
Changes in operating assets and liabilities:    
Accounts receivable (36,544) 95,119
Inventory 2,046 (10,585)
Other current assets 12,516 14,334
Other assets 2,948 8,390
Accounts payable 98,038 35,401
Accrued liabilities (113,103) (125,191)
Other liabilities (2,689) (12,973)
Net cash provided by operating activities 208,141 365,891
Cash flows from investing activities:    
Purchases of property and equipment (161,831) (226,941)
Proceeds from disposal of assets 4,342 2,389
Other (7,015) (2,933)
Net cash used in investing activities (164,504) (227,485)
Cash flows from financing activities:    
Purchases of treasury stock (20,295) (97,782)
Dividends paid (30,877) (32,553)
Payments of finance leases (2,632) (27,229)
Other (5,069) (4,025)
Net cash used in financing activities (58,873) (161,589)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (853) 750
Net decrease in cash, cash equivalents and restricted cash (16,089) (22,433)
Cash, cash equivalents and restricted cash at beginning of period 241,293 192,680
Cash, cash equivalents and restricted cash at end of period 225,204 170,247
Net cash received (paid) during the period for:    
Interest, net of capitalized interest of $315 in 2025 and $216 in 2024 (23,998) (10,037)
Income taxes 1,437 (383)
Non-cash investing and financing activities:    
Net decrease in payables for purchases of property and equipment (5,420) (24,869)
Net increase in deposits on equipment purchases (4,196) (13,552)
Purchases of property and equipment through exchange of lease right of use asset 334 26,133
Derecognition of right of use asset $ (334) $ (31,179)