v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (39,299) $ (43,665)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 39,334 36,230
Amortization of operating lease assets 1,561 1,194
Non-cash interest expense 2,695 2,667
Equity-based compensation expense 949 1,139
Deferred income taxes (4,784) (5,664)
(Gain) loss on sale of assets (137) 55
Other (1,867) 7,204
Changes in operating assets and liabilities, net of effects of acquisitions    
Accounts receivable 763 5,907
Inventory 1,502 (2,302)
Other current assets (632) (2,807)
Other non-current assets (69) 42
Accounts payable and accrued liabilities (8,973) 386
Other current liabilities 2,691 679
Lease liabilities (1,297) (1,910)
Income taxes payable 10,603 24,585
Net cash provided by operating activities 3,040 23,740
Cash flows from investing activities    
Additions to capital assets (10,958) (12,666)
Proceeds from collection of notes receivable 3,027 164
Proceeds from sale of assets 1,000 27
Payments for acquisition of businesses and related deposits, net of cash acquired (8,760) (3,461)
Purchase of intangible assets (2,150) (500)
Net cash used in investing activities (17,841) (16,436)
Cash flows from financing activities    
Proceeds from issuance of debt 0 63,067
Repayments of debt (92) (60,335)
Debt issuance costs 0 (360)
Repayments under finance leases (519) (847)
Taxes withheld under equity-based compensation plans, net (346) 0
Repurchase of common stock 0 (994)
Proceeds from the exercise of stock options 27 0
Payment of contingent consideration (2,945) (819)
Net cash used in financing activities (3,875) (288)
Net (decrease) increase in cash, cash equivalents, and restricted cash (18,676) 7,016
Cash, cash equivalents, and restricted cash at beginning of period 85,676 88,254
Cash, cash equivalents, and restricted cash at end of period 67,000 95,270
Supplemental cash flow information    
Interest paid 19,524 17,307
Income tax payments, net of refunds received 802 3,942
Non-cash investing and financing activities    
Capital expenditures incurred but not yet paid 3,085 3,063
Taxes withheld under equity-based compensation plans, net 443 268
Non-cash consideration of intangible assets acquired $ 2,700 $ 0