v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (90,211) $ (136,931)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 32,604 31,621
Foreign currency (gain) losses on foreign denominated debt (13,275) 57,141
Equity-based compensation 6,335 8,311
Debt extinguishment 0 5,474
Deferred income taxes – net 63,647 26,118
Uncertain tax positions (1,374) (618)
Amortization of debt issuance costs 3,743 4,318
Non-cash operating lease costs 4,504 6,286
Other 1,354 6,233
Changes in assets and liabilities:    
Accounts receivable 37,055 (6,610)
Accounts payable (1,322) 5,165
Accrued expenses (21,375) (3,142)
Insurance recovery receivable 32,735 7,381
Litigation reserves (105,849) 3,008
Lease liabilities, non-current (5,363) (7,257)
Income taxes receivable/payable (8,622) (1,165)
Interest payable 917 9,616
Deferred revenue (6,984) 6,842
Other 2,787 139
Net cash (used in) provided by operating activities (68,694) 21,930
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (29,899) (31,817)
Net cash used in investing activities (29,899) (31,817)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt 120,000 1,040,872
Debt refinancing costs (876) (39,196)
Payment of debt (42,927) (1,024,278)
Proceeds from common stock issuance 1,019 1,303
Payment of taxes associated with equity-based compensation (49) 0
Net cash provided by (used in) financing activities 77,167 (21,299)
Effects of exchange rates fluctuations (5,985) 20,262
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (27,411) (10,924)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH – Beginning of period 725,307 125,304
CASH, CASH EQUIVALENTS AND RESTRICTED CASH – End of period 697,896 114,380
SUPPLEMENTAL DISCLOSURES:    
Interest paid 106,654 55,646
Income taxes paid, including foreign taxes withheld $ 16,494 $ 23,464