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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 $ 26,390 $ 53,111
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 61,759 57,029
Deferred taxes 4,989 4,272
Compensation expense related to share-based compensation plans 8,209 8,687
Loss (gain) on sale of assets 96 (1,526)
Donated equipment 5,626  
Changes in operating assets and liabilities:    
Restricted investments 1,640 (2,736)
Accounts receivable, net (2,392) 55,089
Prepaid taxes (83) (422)
Prepaid expenses and other current assets 10,350 15,932
Other assets (637) (2,349)
Accounts payable 4,989 (38,391)
Accrued expenses (9,440) (14,620)
Non-current liabilities 21 1,187
Net cash provided by operating activities 111,517 135,263
Cash flows from investing activities:    
Proceeds from sale of equipment 521 7,664
Purchases of property and equipment (49,271) (28,712)
Proceeds from the disposition of discontinued operations   19,439
Acquisition, net of cash acquired   (734)
Net cash used in investing activities (48,750) (2,343)
Cash flows from financing activities:    
Purchase of treasury stock   (7,282)
Proceeds from issuance of debt 127,462 18,335
Repayments of long term debt (150,282) (51,324)
Stock withheld for payments of withholding taxes (3,944) (2,746)
Finance lease payments (1,493) (1,465)
Net cash used in financing activities (28,257) (44,482)
Effect of exchange rate changes on cash and cash equivalents (66) (10)
Net increase in cash and cash equivalents 34,444 88,428
Cash and cash equivalents beginning of the period 168,729 61,435
Cash and cash equivalents end of the period 203,173 149,863
Supplemental disclosures of cash paid for:    
Interest 5,323 5,578
Income taxes $ 822 $ 21,500