Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (14,662) $ (12,857)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 24,242 17,071
Deferred income taxes (1,843) 389
Loss on disposal of assets and impairment charges 1,375 3,382
Foreign currency gain (1,042) (2,874)
Amortization of deferred financing costs, debt discount and premium (185) 1,780
Amortization of deferred income (2,484) (2,380)
Accretion of asset retirement obligation 445 327
Non-cash rent 1,771 1,801
Charges to allowance for credit losses 141 49
Loss from equity investment 6 233
Share-based compensation 1,026 127
Fair value adjustment of financial assets and liabilities 11,049 (418)
Other operating activities, net 224  
Changes in assets and liabilities:    
(Increase) decrease in trade receivables (10,798) 7,732
(Increase) decrease in inventory (7,437) 17,402
Decrease in other assets 7,688 4,737
Increase (decrease) in accounts payable 17,309 (10,996)
Decrease in other current liabilities (15,829) (966)
Decrease in asset retirement obligation (89) (36)
Increase (decrease) in non-current liabilities 369 (591)
Net cash provided by operating activities 11,276 23,912
Cash flows from investing activities:    
Purchase of property and equipment (17,525) (12,048)
Purchase of intangible assets   (30)
Proceeds from sale of property and equipment 880  
Business acquisitions, net of cash   (320)
Loans to equity investment   (143)
Net cash used in investing activities (16,645) (12,541)
Cash flows from financing activities:    
Lines of credit, net   (39,364)
Repayment of related-party loans   (4,517)
Receipt of long-term debt, net 1,115 156,694
Repayment of debt (75,963) (41,722)
Principal payments on financing leases (1,990) (2,124)
Investment of non-controlling interest in subsidiary   19,325
Payment of Merger Transaction issuance costs (4,686)  
Dividends paid on redeemable preferred stock (1,559)  
Distributions to non-controlling interests (60) (2,375)
Net cash (used in) provided by financing activities (83,143) 85,917
Effect of exchange rate on cash and cash equivalents and restricted cash (88,512) (97,288)
Net (decrease) increase in cash and cash equivalents and restricted cash (1,462) 1,306
Cash and cash equivalents and restricted cash, beginning of period 312,977 52,763
Cash and cash equivalents and restricted cash, end of period 223,003 148,745
Reconciliation of cash and cash equivalents and restricted cash    
Cash and cash equivalents, beginning of period 293,666 32,117
Restricted cash, beginning of period 16,529 14,423
Restricted cash with respect to bonds, beginning of period 2,782 6,223
Cash and cash equivalents, end of period 204,986 128,513
Restricted cash, end of period 18,017 12,609
Restricted cash with respect to bonds, end of period   7,623
Supplementary cash flow information:    
Cash received for interest 55 403
Cash paid for interest 18,057 8,083
Cash received for taxes 9 67
Cash paid for taxes 72 226
Supplementary noncash activities:    
Prepaid insurance premiums financed through notes payable 2,171 2,872
Purchases of equipment in accounts payable and accrued expenses 3,715 3,310
Purchase of property and equipment under leases 11,534 2,448
Disposals of leases of property and equipment 2,254 1,447
Issuance of shares $ 3,000  
Receipt of related-party receivable payment offset by related-party loan payments   $ 7,133