v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net income $ 16,724 $ 47,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 102,853 96,027
Amortization of debt issuance costs 2,517 2,278
Equity-based compensation expense 18,946 19,226
Deferred income taxes 20,604 (8,753)
Debt extinguishment costs   1,269
Non-cash legal settlements expense   3,504
Loss on impairment 7,364 1,452
Gain on sale of property, net (3,581) (8,715)
Other 516 1,128
Change in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (30,146) (42,660)
Other current assets 30,356 (3,797)
Other assets (572) (7,684)
Accounts payable and other accrued liabilities 36,195 27,684
Accrued salaries and benefits (16,631) (3,940)
Other liabilities 38,453 20,962
Net cash provided by operating activities 223,598 144,981
Investing activities:    
Cash paid for acquisitions, net of cash acquired   (8,165)
Cash paid for capital expenditures (115,117) (342,378)
Proceeds from sale of property and equipment 26,497 16,623
Other (4,270) (101)
Net cash used in investing activities (92,890) (334,021)
Financing activities:    
Borrowings on long-term debt   1,200,000
Principal payments on revolving credit facility (160,000) (1,035,000)
Principal payments on long-term debt (12,188) (4,063)
Repayment of long-term debt   (670,856)
Payment of debt issuance costs   (18,615)
Repurchase of shares for payroll tax withholding, net of proceeds from stock option exercises (3,807) (3,716)
Repurchase of common stock   (50,034)
Contributions from noncontrolling partners in joint ventures 990  
Distributions to noncontrolling partners in joint ventures (2,593) (1,990)
Cash paid for contingent consideration   (1,500)
Other (62) (70)
Net cash (used in) provided by financing activities (92,660) 244,156
Net increase in cash and cash equivalents 38,048 55,116
Cash and cash equivalents at beginning of the period 133,242 76,305
Cash and cash equivalents at end of the period 171,290 131,421
Effect of acquisitions:    
Assets acquired, excluding cash 20,760 19,881
Liabilities assumed   (842)
Redeemable noncontrolling interest resulting from an acquisition (20,760) (10,874)
Cash paid for acquisitions, net of cash acquired   8,165
New Credit Facility [Member]    
Financing activities:    
Borrowings on revolving credit facility $ 85,000 $ 830,000