v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 20,845 $ 34,566 $ 71,978
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 132,414 127,597 101,752
Deferred income taxes (12,796) (4,680) 22,300
Loss on disposal of assets and impairment charges 6,798 6,203 5,731
Foreign currency loss 35 29 227
Gain from issuance of shares as payment of deferred consideration related to business acquisition (see Note 4) (2,681) 0 0
Gain from settlement related to business acquisition (see Note 4) (6,356) 0 0
Amortization of deferred financing costs and debt discount 2,669 2,518 2,514
Amortization of deferred income (14,477) (8,142) (9,724)
Accretion of asset retirement obligation 2,532 2,399 1,833
Non-cash rent 14,335 14,168 7,903
Charges to allowance for credit losses 845 1,265 659
(Income) loss from equity investment (124) 39 74
Share-based compensation 12,339 15,015 12,161
Fair value adjustment of financial assets and liabilities (10,985) (10,785) (3,396)
Other operating activities, net 125 2,631 775
Changes in assets and liabilities:      
Decrease (increase) in trade receivables 38,058 (17,937) (50,229)
Decrease (Increase) in inventory 22,689 (2,013) (6,850)
Decrease (increase) in other assets 13,893 (29,386) 1,476
(Decrease) increase in accounts payable (24,169) (6,169) 31,645
(Decrease) increase in other current liabilities (2,820) 990 6,884
Decrease in asset retirement obligation (917) (23) (95)
Increase in non-current liabilities 29,606 7,809 11,638
Net cash provided by operating activities 221,858 136,094 209,256
Cash flows from investing activities:      
Purchase of property and equipment (113,914) (111,164) (98,595)
Purchase of intangible assets 0 (45) (176)
Proceeds from sale of property and equipment 53,549 310,240 287,901
Business and asset acquisitions, net of cash (54,549) (494,871) (419,726)
Prepayment for acquisitions 0 (1,000) (4,000)
Decrease of investments 0 0 58,934
Loans to equity investment, net 56 18 174
Net cash used in investing activities (114,858) (296,822) (175,488)
Cash flows from financing activities:      
Receipt of long-term debt, net 47,556 99,643 70,896
Repayment of debt (26,357) (22,157) (45,948)
Principal payments on financing leases (4,940) (5,497) (6,543)
Early settlement of deferred consideration related to business acquisition (17,155) 0 0
Proceeds from sale-leaseback 0 80,397 54,988
Payment of Additional Consideration (3,354) (3,505) (5,913)
Payment of Ares Put Option 0 (9,808) 0
Common stock repurchased (31,989) (33,694) (40,042)
Dividends paid on common stock (14,015) (14,272) (10,893)
Dividends paid on redeemable preferred stock (5,750) (5,750) (5,750)
Distributions to non-controlling interests 0 0 (240)
Net cash (used in) provided by financing activities (56,004) 85,357 10,555
Net increase (decrease) in cash and cash equivalents and restricted cash 50,996 (75,371) 44,323
Effect of exchange rate on cash and cash equivalents and restricted cash (9) 23 (97)
Cash and cash equivalents and restricted cash, beginning of year 241,421 316,769 272,543
Cash and cash equivalents and restricted cash, end of year 292,408 241,421 316,769
Reconciliation of cash and cash equivalents and restricted cash      
Cash and cash equivalents, beginning of year 218,120 298,529 252,141
Restricted cash, beginning of year 23,301 18,240 20,402
Cash and cash equivalents, end of year 261,758 218,120 298,529
Restricted cash, end of year 30,650 23,301 18,240
Cash and cash equivalents and restricted cash, end of year 292,408 241,421 316,769
Supplementary cash flow information:      
Cash received for interest 9,485 7,944 1,964
Cash paid for interest 92,103 82,477 57,653
Cash received for taxes 763 836 283
Cash paid for taxes 10,422 29,456 6,747
Supplementary noncash activities:      
Prepaid insurance premiums financed through notes payable 7,703 10,711 6,668
Purchases of equipment in accounts payable and accrued expenses 10,211 14,888 9,007
Purchase of property and equipment under leases 55,687 7,870 21,534
Disposals of leases of property and equipment 14,044 22,986 19,885
Issuance of shares as payment of deferred consideration related to business acquisition 22,319 0 0
Deferred consideration related to business acquisitions $ 0 $ 47,100 $ 0

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