XML 20 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1Close
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net loss $ (34,459) $ (80,546)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation 107,435 107,247  
Amortization of intangible assets 33,691 41,944  
Non-cash stock-based compensation expense 9,673 8,515  
Benefit from deferred income taxes (44,137) (30,863)  
Provision for credit losses 5,188 496  
Equity in earnings of unconsolidated affiliates, net (9,219) (9,152)  
Losses (gains) on sales and impairments of assets, net 863 (7,818)  
Non-cash interest expense, net 1,260 1,367  
Other non-cash items, net 4,958 1,089  
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable 75,584 50,082  
Contract assets 171,133 (22,011)  
Inventories 5,912 (5,673)  
Other assets, current and long-term portion 33,419 36,587  
Accounts payable and accrued expenses (315,792) (212,714)  
Contract liabilities 67,703 29,495  
Other liabilities, current and long-term portion (5,462) 5,584  
Net cash provided by (used in) operating activities 107,750 (86,371)   Close
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash acquired (61) (46,506)  
Capital expenditures (25,409) (63,346)  
Proceeds from sales of property and equipment 10,850 19,946  
Payments for other investments (63) (205)  
Proceeds from other investments 0 425  
Other investing activities, net 1,652 200  
Net cash used in investing activities (13,031) (89,486)   Close
Cash flows from financing activities:      
Proceeds from credit facilities 863,000 918,000  
Repayments of credit facilities and term loans (1,186,938) (911,188)  
Payments of finance lease obligations (36,693) (37,047)  
Payments to non-controlling interests, including acquisition of interests and distributions (6,835) (11,660)  
Payments for stock-based awards (2,724) (13,107)  
Other financing activities, net (4,632) 1,560  
Net cash used in financing activities (374,822) (53,442)   Close
Effect of currency translation on cash (132) 267   Close
Net decrease in cash and cash equivalents (280,235) (229,032)   Close
Cash and cash equivalents - beginning of period 529,561 370,592 $ 370,592
Cash and cash equivalents - end of period 249,326 141,560 $ 529,561
Supplemental cash flow information:      
Interest paid 61,820 59,444  
Income tax refunds, net of payments (3,792) (939)  
Supplemental disclosure of non-cash information:      
Additions to property and equipment from finance leases and other financing arrangements $ 20,602 $ 24,786