v3.26.1
Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOW FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 20,275 $ 7,661
Net (loss) income attributable to non-controlling interest (1,801) 1,472
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 65,589 59,082
Amortization of operating lease right of use assets 27,161 25,572
Amortization of finance lease interest 177 0
Loss on disposal of property and equipment 1,945 1,932
(Earnings) loss on equity method investments (6,501) 2,435
Loss on divestitures of a business 0 11,678
Reserve for obsolete inventory expense 363 0
Stock based compensation 21,135 22,275
Decrease (increase) in fair value of investments 2,304 (50)
Interest on notes receivable (1,469) (727)
Fair value adjustments on related party warrants 1,122 0
Interest on related party convertible note receivable (3,560) (788)
Amortization of debt discount 359 319
Other Non-cash items 107 (88)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net (1,819) 5,917
Inventories (21,439) (4,126)
Prepaid expenses and other current assets (1,028) 2,446
Deposits and other assets (149) 153
Accounts payable (8,276) (1,700)
Accrued liabilities (14,138) (17,901)
Operating lease liabilities (26,307) (23,126)
Income tax receivable and payable, net 50,760 38,230
NET CASH PROVIDED BY OPERATING ACTIVITIES 104,810 130,666
CASH FLOW FROM INVESTING ACTIVITIES    
Purchases of property and equipment (39,077) (48,842)
Proceeds from disposal of property and equipment 690 0
Investments in securities and associates (1,529) (30,122)
Proceeds from equity investments and notes receivable 69 62
Acquisitions, net of cash acquired (14,703) (24,414)
Proceeds from divestiture of a business 0 5,075
NET CASH FLOW USED IN INVESTING ACTIVITIES (54,550) (98,241)
CASH FLOW FROM FINANCING ACTIVITIES    
Principal payments under finance leases (134) 0
Contributions from limited liability company unit holders 0 5,800
Distributions to non-controlling interest holders (1,238) (875)
Repurchase of Subordinate and Super Voting Shares (81,559) (24,811)
Payments for taxes related to net share settlement of equity awards (6,883) (3,328)
Proceeds from exercise of options 104 1,350
Proceeds, net from issuance of notes payable 49,490 0
Principal repayment of notes payable (11,736) (5,325)
NET CASH FLOW USED IN FINANCING ACTIVITIES (51,956) (27,189)
CASH AND CASH EQUIVALENTS:    
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,696) 5,236
CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD 285,282 171,687
CASH AND CASH EQUIVALENTS END OF PERIOD 283,586 176,923
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 11,444 10,999
Taxes paid 10,588 14,657
NONCASH INVESTING AND FINANCING ACTIVITIES    
Accrued capital expenditures (1,480) (7,922)
Noncash change in operating lease right of use asset (729) (2,254)
Noncash change in operating lease liability 729 2,254
Issuance of shares associated with investment interests 0 630
Issuance of shares to non-employee contractors 100 145
Distribution of deferred shares 0 (6,362)
ACQUISITIONS AND DISPOSITIONS    
Inventory 1,618 447
Accounts receivable 0 (469)
Prepaid expenses 598 256
Property and equipment 12,124 2,061
Operating lease right-of-use asset 10,371 2,027
Identifiable intangible assets 22,220 (869)
Goodwill 9,328 5,928
Deposits and other assets 279 0
Liabilities assumed (1,164) 660
Operating lease liabilities (10,371) (2,027)
Contingent liabilities (50) 0
Gain on divestiture of Project Remix assets 0 11,678
Cash consideration payable (30,250) (353)
Noncash or Part Noncash Acquisition, Net Nonmonetary Assets Acquired (Liabilities Assumed), Total $ 14,703 $ 19,339