v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities:    
Net loss $ (34,068) $ (16,133)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 45,067 41,695
Amortization of debt issuance costs and discounts 1,062 1,113
Deferred income tax benefit (6,195) (1,510)
Equity-based compensation 5,325 4,210
Other, including loss on sale or disposal of assets, net 5,557 1,012
Changes in assets and liabilities:    
Accounts receivable (12,173) (55)
Inventories (5,422) (4,834)
Prepaid expenses and other current assets (8,804) (20,039)
Accounts payable and accrued expenses 17,841 (9,952)
Accrued salaries, wages and benefits (8,824) (6,320)
Deferred revenue 63,407 42,200
Other accrued liabilities 1,677 (2,754)
Right of use assets and operating lease liabilities 207 106
Other assets and liabilities 2,141 (3,024)
Net cash provided by operating activities 66,798 25,715
Cash Flows From Investing Activities:    
Capital expenditures (69,632) (56,903)
Net cash used in investing activities (69,632) (56,903)
Cash Flows From Financing Activities:    
Repayments of long-term debt (3,856) (3,856)
Proceeds from draws on revolving credit facility 80,000  
Repayments of revolving credit facility (50,000)  
Purchase of treasury stock (93,833) (4,599)
Payment of tax withholdings on equity-based compensation through shares withheld (306) (574)
Exercise of stock options 286 351
Other financing activities (277) (362)
Net cash used in financing activities (67,986) (9,040)
Change in Cash and Cash Equivalents, including Restricted Cash (70,820) (40,228)
Cash and Cash Equivalents, including Restricted Cash—Beginning of period 99,762 115,893
Cash and Cash Equivalents, including Restricted Cash—End of period 28,942 75,665
Supplemental Disclosure of Noncash Investing and Financing Activities    
Capital expenditures in accounts payable 41,171 $ 38,100
Right of use assets obtained in exchange for new operating lease liabilities $ 12,961