v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net income $ 216,725 $ 112,252
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 69,436 53,333
Amortization of operating lease right-of-use assets 25,253 26,473
Gain on lease terminations and disposals of subsidiaries and property and equipment, net (1,178) (324)
Non-cash interest expense 2,247 1,139
Non-cash share-based compensation expense 10,611 9,709
Bad debt expense 47,473 40,478
Deferred income taxes (6,288) (39)
Unrealized foreign currency exchange loss (3,947) 30,949
Other, net (7,800) (5,752)
Changes in operating assets and liabilities:    
Receivables (30,087) (26,199)
Prepaid expenses and other assets (5,627) 834
Accounts payable and accrued expenses 16,478 17,476
Income tax receivable/payable, net (26,435) 5,210
Deferred revenue and other liabilities 17,778 7,271
Net cash provided by operating activities 324,639 272,810
Cash flows from investing activities    
Purchase of property and equipment (63,445) (36,065)
Receipts from sales of property and equipment 2,396 248
Net receipts from sales of discontinued operations 0 108
Net cash used in investing activities (61,049) (35,709)
Cash flows from financing activities    
Borrowings on debt 264,541 94,504
Payments on debt (221,944) (117,111)
Payments of dividend equivalent rights for vested share-based awards (115) (455)
Proceeds from exercise of stock options 83 128
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options (4,603) (2,345)
Payments to repurchase common stock and excise tax payments (258,904) (71,591)
Payments of debt issuance costs (553) 0
Net cash used in financing activities (221,495) (96,870)
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash (137) 8,095
Change in cash included in current assets held for sale 0 269
Net change in Cash and cash equivalents and Restricted cash 41,958 148,595
Cash and cash equivalents and Restricted cash at beginning of period 152,075 97,854
Cash and cash equivalents and Restricted cash at end of period $ 194,033 $ 246,449