v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net income (loss) $ 80,232 $ (5,298)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 53,046 45,223
Amortization of intangible assets 11,165 30,597
Loss on refinancing of debt 936 80
Deferred income taxes 13,796 (25,099)
Share-based compensation expense 21,611 15,361
Accretion of asset retirement obligations 1,306 1,136
Unrealized foreign exchange (gain) loss (4,334) 18,886
Unrealized loss (gain) on derivatives not designated as hedging instruments 682 (1,994)
Amortization of debt issuance costs 3,094 2,645
Other (2,570) (2,474)
Changes in operating assets and liabilities:    
Accounts receivable (13,256) 9,084
Inventories (4,121) (7,663)
Other current assets (8,720) (14,250)
Accounts payable 13,411 5,573
Accrued liabilities (11,067) (14,514)
Income taxes payable / receivable, net 497 (8,212)
Other liabilities (94) (27)
Other long-term assets (3,684) (1,060)
Net cash provided by operating activities 117,930 112,937
Investing activities:    
Purchases of property, plant and equipment (92,615) (51,147)
Other investing activities 4,188 37
Net cash used in investing activities (88,427) (51,110)
Financing activities:    
Payment on long-term borrowings (3,558) (7,547)
Payments of debt issuance costs (878) (2,326)
Shares withheld for employee taxes on equity awards (9,074) (3,654)
Other financing activities (1,674) (1,493)
Net cash used in financing activities (15,184) (15,020)
Effect of exchange rate changes on cash and cash equivalents (4,048) 8,600
Net increase in cash and cash equivalents, including restricted cash 10,271 55,407
Cash and cash equivalents, including restricted cash, at beginning of period 346,456 278,865
Cash and cash equivalents, including restricted cash, at end of period 356,727 334,272
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest 85,088 102,716
Cash paid during the period for income taxes, net of tax refunds received 24,158 32,207
Purchases of property, plant and equipment included in accounts payable 35,397 10,307
Illinois EO litigation settlements    
Changes in operating assets and liabilities:    
Illinois EO litigation settlements $ (34,000) $ 64,943