Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities of Continuing Operations:    
Net income $ 48,440 $ 20,859
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations-    
Depreciation 42,693 41,170
Amortization of intangible assets 6,562 7,495
Equity in losses of unconsolidated affiliates 603 181
Amortization of debt issuance costs 340 340
(Gain) loss on sale of property and equipment 1,841 (107)
Foreign currency loss 221 110
Provision for (recovery of) doubtful accounts 865 (983)
Deferred income tax provision (benefit) (36) 2,716
Non-cash stock-based compensation 11,866 13,719
Changes in operating assets and liabilities, net of non-cash transactions (117,206) 120,311
Net cash provided by (used in) operating activities of continuing operations (3,811) 205,811
Cash Flows from Investing Activities of Continuing Operations:    
Proceeds from sale of property and equipment 4,801 5,089
Additions of property and equipment (47,024) (47,695)
Cash paid for acquisitions, net of cash acquired (1,527) (39,675)
Investments in and return of equity from unconsolidated affiliates (3,725) (2,225)
Cash received from (paid for) other investments, net (1,701) 577
Cash withdrawn from restricted cash 1,912  
Net cash used in investing activities of continuing operations (47,264) (83,929)
Cash Flows from Financing Activities of Continuing Operations:    
Borrowings under credit facility 697,211 654,416
Payments under credit facility (631,441) (729,603)
Payments on other long-term debt (1,529) (4,855)
Payments on short-term debt (2,783) (4,711)
Distributions to non-controlling interests (980)  
Payments related to tax withholding for share-based compensation (16,192) (6,072)
Exercise of stock options 25 51
Net cash provided by (used in) financing activities of continuing operations 44,311 (90,774)
Discontinued operations:    
Net cash used in investing activities   (5,643)
Net cash used in discontinued operations   (5,643)
Effect of foreign exchange rate changes on cash and cash equivalents 1,095 1,079
Net increase (decrease) in cash and cash equivalents (5,669) 26,544
Cash and cash equivalents, beginning of period 112,183 128,771
Cash and cash equivalents, end of period $ 106,514 $ 155,315