v3.26.1
Consolidated Statement of Cash Flows Statement - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Income (loss) from continuing operations $ 15,510 $ 4,350
Income from discontinued operations, net of tax 798,690 24,790
Net income 814,200 29,140
Adjustments to reconcile income to net cash provided by operating activities, net of acquisition impact:    
Net gain on dispositions of assets (1,040,040) (5,270)
Depreciation 19,160 19,650
Amortization of intangible assets 5,300 8,540
Amortization of debt issue costs 480 480
Deferred income taxes 2,770 3,250
Non-cash compensation expense 5,410 5,000
Provision for losses on accounts receivable (50) (1,140)
Increase in receivables (48,740) (29,700)
(Increase) decrease in inventories (15,520) 1,300
(Increase) decrease in prepaid expenses and other assets 7,430 (1,430)
Increase in accounts payable and accrued liabilities 191,190 14,520
Other operating activities 510 (4,900)
Net cash provided by (used for) operating activities, net of acquisition impact (57,900) 39,440
Cash Flows from Investing Activities:    
Capital expenditures (13,130) (29,980)
Acquisition of businesses, net of cash acquired 0 (37,160)
Net proceeds from disposition of business, property and equipment 1,436,930 21,180
Net cash provided by (used for) investing activities 1,423,800 (45,960)
Cash Flows from Financing Activities:    
Proceeds from borrowings on revolving credit facilities 233,000 140,950
Repayments of borrowings on revolving credit facilities (305,730) (118,780)
Debt financing fees 0 (1,260)
Payments to purchase common stock (73,460) (2,260)
Shares surrendered upon exercise and vesting of equity awards to cover taxes (4,430) (1,800)
Dividends paid (2,950) (3,280)
Other financing activities 130 160
Net cash provided by (used for) financing activities (153,440) 13,730
Increase for the period 1,212,460 7,210
At beginning of period 30,020 23,070
At end of period 1,242,480 30,280
Supplemental disclosure of cash flow information:    
Cash paid for interest 9,960 9,490
Cash paid for taxes 33,940 9,210
Non-cash property additions $ 1,840 $ 0