v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 75,054 $ 63,656
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 69,149 61,626
Amortization of debt issuance costs and other non-cash interest 2,766 1,755
Deferred income taxes 11,751 3,504
Non-cash revenue and other income (193) (193)
Non-cash equity compensation 12,542 13,962
Other expenses and non-cash items 1,743 5,931
Changes in assets and liabilities, net:    
Accounts receivable, prepaid expenses and other assets (13,459) (12,976)
Accounts payable, accrued expenses and other liabilities (12,588) 3,931
Net cash provided by operating activities 146,765 141,196
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for facility development and expansions (9,915) (2,593)
Expenditures for other capital improvements (53,199) (58,300)
Acquisitions, net of cash acquired (142,783) 0
Net proceeds from sale of assets 88 20
Other investing activities 759 810
Net cash used in investing activities (205,050) (60,063)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt and borrowings from credit facility 465,000 50,000
Scheduled principal repayments (7,786) (5,975)
Principal repayments of credit facility (330,000) (10,000)
Payment of debt defeasance, issuance and other refinancing and related costs (3,015) (93)
Payment of lease obligations for financing leases (320) (310)
Dividends paid on restricted stock units (120) (45)
Purchase and retirement of common stock (55,117) (93,869)
Net cash provided by (used in) financing activities 68,642 (60,292)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 10,357 20,841
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 112,446 122,110
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 122,803 142,951
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Establishment of right of use assets and lease liabilities 1,899 116,961
Cash paid during the period for:    
Interest (net of amounts capitalized of $1.4 million in 2026) 43,783 34,999
Income taxes paid $ 26,600 $ 5,651