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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income $ 309,691 $ 215,890
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 129,235 131,746
Amortization of debt financing costs and discounts on debt 4,258 5,931
Non-cash operating lease expense 28,736 30,329
Share-based compensation expense 22,833 18,524
Deferred income taxes 18,798 60,864
Gain on sale of assets (12,800) 0
Loss on early extinguishments and modifications of debt 19,809 65,475
Other operating activities (99) 8,510
Changes in operating assets and liabilities:    
Accounts receivable, net 2,724 (4,058)
Inventories (1,001) 2,618
Prepaid expenses and other current assets 496 (647)
Income taxes (receivable) payable, net (5,369) 200
Other assets, net 3,649 (2,715)
Accounts payable and accrued liabilities (40,098) (8,315)
Operating lease liabilities (28,736) (30,329)
Other liabilities 4,086 5,319
Net cash provided by operating activities 456,212 499,342
Cash Flows from Investing Activities    
Capital expenditures (98,699) (96,339)
Insurance proceeds received from hurricane losses 0 40,240
Proceeds received from disposition of assets 21,350 0
Other investing activities 0 6,672
Net cash used in investing activities (77,349) (49,427)
Cash Flows from Financing Activities    
Borrowings under credit facilities 1,207,000 0
Payments under credit facilities (1,025,897) (11,536)
Proceeds from issuance of senior notes 0 900,000
Retirements of senior notes (300,000) (1,450,000)
Premium fees (12,939) (51,863)
Debt financing costs (13,680) (14,596)
Share-based compensation activities (9,033) 274
Shares repurchased and retired (299,773) 0
Dividends paid (16,480) 0
Other financing activities (1,170) (1,344)
Net cash used in financing activities (471,972) (629,065)
Change in cash, cash equivalents and restricted cash (93,109) (179,150)
Cash, cash equivalents and restricted cash, beginning of period 357,128 534,999
Cash, cash equivalents and restricted cash, end of period 264,019 355,849
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized 70,697 131,778
Cash paid for income taxes 76,128 3,298
Supplemental Schedule of Non-cash Investing and Financing Activities    
Payables incurred for capital expenditures 3,987 3,072
Dividends declared not yet paid 16,026 0
Operating lease right-of-use asset and liability remeasurements $ (11,224) $ 0