v3.25.2
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net income $ 398 $ 2,889
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 148,497 109,375
Interest accretion on landfill and environmental remediation liabilities 7,426 5,862
Amortization of debt issuance costs 1,519 1,482
Stock-based compensation 7,777 4,809
Operating lease right-of-use assets expense 10,392 8,489
Other items and charges, net 1,124 3,209
Deferred income taxes (148) 156
Changes in assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable (4,737) (7,009)
Landfill operating lease contract expenditures (1,340) (1,308)
Accounts payable 5,799 (22,289)
Prepaid expenses, inventories and other assets (6,650) (6,580)
Accrued expenses, contract liabilities and other liabilities (30,409) (19,304)
Net cash provided by operating activities 139,648 79,781
Cash Flows from Investing Activities:    
Acquisitions, net of cash acquired (175,018) 1,296
Additions to intangible assets 0 (199)
Additions to property and equipment (121,878) (74,900)
Proceeds from sale of property and equipment 503 827
Net cash used in investing activities (296,393) (72,976)
Cash Flows from Financing Activities:    
Proceeds from debt borrowings 25,000 1,750
Principal payments on debt (32,984) (20,020)
Payments of debt issuance costs (802) 0
Net cash used in financing activities (8,786) (18,270)
Net decrease in cash, cash equivalents and restricted cash (165,531) (11,465)
Cash, cash equivalents and restricted cash, beginning of period 383,303 220,912
Cash, cash equivalents and restricted cash, end of period 217,772 209,447
Cash paid during the period for:    
Cash interest payments 28,575 30,389
Cash income tax payments 164 5,098
Supplemental Disclosure of Non-Cash Activities:    
Right-of-use assets obtained in exchange for finance lease obligations 17,340 15,300
Right-of-use assets obtained in exchange for operating lease obligations $ 22,033 $ 3,154