v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES    
Net income $ 12,930 $ 22,178
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,836 77,970
Stock-based compensation expense 7,682 6,124
Gain on disposition of assets, net (3,219) (3,725)
Deferred income tax benefit (2,556) (3,772)
Acquisition related employment costs 14,583 6,554
Other non-cash adjustments 119 (193)
(Increase) decrease in assets:    
Accounts receivable (50,996) 39,678
Income taxes receivable 2,891 3,027
Inventories (6,948) (2,317)
Prepaid expenses 2,762 2,524
Other current assets (164) (579)
Retirement plan assets   (823)
Other non-current assets 2,576 (1,213)
(Decrease) increase in liabilities:    
Accounts payable 26,934 (21,350)
Income taxes payable 109 4,725
Unearned revenue (13,233) (45,376)
Accrued payroll and related expenses (5,388) 1,644
Accrued insurance expenses 869 433
Accrued state, local and other taxes 2,523 2,494
Other accrued expenses (1,964) 273
Retirement plan liabilities   (767)
Long-term accrued insurance expenses 1,684 1,412
Other long-term liabilities (2,423) 4,022
Net cash provided by operating activities 74,607 92,943
INVESTING ACTIVITIES    
Capital expenditures (70,837) (75,323)
Proceeds from sale of assets 7,421 9,496
Purchase of business, net of cash and debt assumed   (165,656)
Net cash used for investing activities (63,416) (231,483)
FINANCING ACTIVITIES    
Payment of dividends (17,729) (17,478)
Repayment of debt (20,000) (4,502)
Cash paid for common stock purchased and retired (3,452) (2,868)
Cash paid for finance lease (516) (474)
Net cash used for financing activities (41,697) (25,322)
Net decrease in cash and cash equivalents (30,506) (163,862)
Cash and cash equivalents at beginning of period 209,974 325,975
Cash and cash equivalents at end of period 179,468 162,113
Supplemental cash flows disclosure:    
Income tax payments, net 7,402 7,498
Interest paid 1,335 875
Supplemental disclosure of noncash investing activities:    
Capital expenditures included in accounts payable $ 7,693 $ 10,322