v3.26.1
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 $ (4,434) $ (102,572)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 16,659 15,513
Foreign currency (gain) losses on foreign denominated debt (9,492) 18,330
Equity-based compensation 3,371 4,525
Debt extinguishment 0 5,474
Deferred income taxes – net (7,237) 54,827
Uncertain tax positions 346 502
Amortization of debt issuance costs 1,927 1,923
Non-cash operating lease costs 2,849 2,773
Other 480 3,145
Changes in assets and liabilities:    
Accounts receivable 16,855 (6,373)
Accounts payable (66) 6,075
Accrued expenses (19,482) (4,719)
Insurance recovery receivable 1,243 5,000
Litigation reserves 3,048 1,501
Lease liabilities, non-current (3,370) (3,265)
Income taxes receivable/payable (1,187) 6,683
Interest payable 25,998 (7,316)
Deferred revenue 13,220 13,167
Other (696) 191
Net cash provided by operating activities 40,032 15,384
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (16,063) (15,706)
Net cash used in investing activities (16,063) (15,706)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt 0 1,040,872
Debt refinancing costs (876) (35,343)
Payment of debt (6,504) (1,018,076)
Payment of taxes associated with equity-based compensation (28) 0
Net cash used in financing activities (7,408) (12,547)
Effects of exchange rates fluctuations (4,578) 6,238
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 11,983 (6,631)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH – Beginning of period 725,307 125,304
CASH, CASH EQUIVALENTS AND RESTRICTED CASH – End of period 737,290 118,673
SUPPLEMENTAL DISCLOSURES:    
Interest paid 26,277 38,192
Income taxes paid, including foreign taxes withheld $ 7,100 $ 4,500