v3.25.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 112,252 $ 202,830
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 53,333 52,099
Amortization of operating lease right-of-use assets 26,473 28,749
(Gain) loss on lease terminations and disposals of subsidiaries and property and equipment, net (324) 6,515
Non-cash interest expense 1,139 1,086
Non-cash share-based compensation expense 9,709 7,077
Bad debt expense 40,478 37,223
Deferred income taxes (39) (39,871)
Unrealized foreign currency exchange loss (gain) 30,949 (38,625)
Other, net (5,752) (5,875)
Changes in operating assets and liabilities:    
Receivables (26,199) (40,078)
Prepaid expenses and other assets 834 (15,361)
Accounts payable and accrued expenses 17,476 9,845
Income tax receivable/payable, net 5,210 (21,418)
Deferred revenue and other liabilities 7,271 7,846
Net cash provided by operating activities 272,810 192,042
Cash flows from investing activities    
Purchase of property and equipment (36,065) (34,554)
Receipts from sales of property and equipment 248 3,291
Net receipts from sales of discontinued operations 108 771
Net cash used in investing activities (35,709) (30,492)
Cash flows from financing activities    
Proceeds from issuance of long-term debt, net of original issue discount 94,504 135,140
Payments on long-term debt (117,111) (143,556)
Payment of dividend equivalent rights for vested share-based awards (455) (1,714)
Proceeds from exercise of stock options 128 204
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options (2,345) (1,696)
Payments to repurchase common stock and excise tax payments (71,591) (100,041)
Payments of debt issuance costs 0 (79)
Net cash used in financing activities (96,870) (111,742)
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash 8,095 (6,219)
Change in cash included in current assets held for sale 269 229
Net change in Cash and cash equivalents and Restricted cash 148,595 43,818
Cash and cash equivalents and Restricted cash at beginning of period 97,854 96,897
Cash and cash equivalents and Restricted cash at end of period $ 246,449 $ 140,715