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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income (loss) $ 246,012 $ (56,283)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 55,812 52,645
Gain on disposition of assets (3,146) (4,729)
Deferred tax provision (200,658) (3,276)
Stock-based compensation expense 8,082 12,658
Contract liabilities, net (2,707) (20,870)
Contract assets, net (1,980) (3,348)
Deferred contract costs, net 4,893 (3,859)
Collateral deposits 0 17,464
Other assets, noncurrent 2,577 (443)
Other liabilities, noncurrent 16,870 428
Other 1,501 842
Changes in operating assets and liabilities:    
Accounts receivable (25,996) (5,039)
Prepaid expenses and other current assets (6,122) (9,417)
Current income tax assets (85,266) 0
Accounts payable and accrued liabilities 3,965 28,832
Taxes payable (3,094) (16,410)
Net cash provided by (used in) operating activities 10,743 (10,805)
Investing activities:    
Capital expenditures (58,953) (32,353)
Proceeds from disposition of assets, net of disposal costs 348 5,788
Net cash used in investing activities (58,605) (26,565)
Financing activities:    
Borrowings under revolving credit facility 20,000 40,000
Repayments under revolving credit facility (15,000) 0
Principal payments of finance lease liabilities (10,503) (7,735)
Net cash (used in) provided by financing activities (5,503) 32,265
Net change in cash, cash equivalents and restricted cash (53,365) (5,105)
Cash, cash equivalents and restricted cash, beginning of period 97,334 62,729
Cash, cash equivalents and restricted cash, end of period $ 43,969 $ 57,624