| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||
Net income | ||||||||||||||||
49,697 | 48,265 | 29,541 | 17,453 | 10,758 | 3,656 | 25,722 | -158,627 | -147,242 | -145,351 | -136,348 | 66,700 | 71,657 | 87,910 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||
Depreciation, accretion, and amortization of intangible assets | ||||||||||||||||
175,176 | 179,937 | 182,445 | 180,216 | 179,682 | 179,110 | 179,512 | 180,674 | 180,414 | 179,902 | 164,667 | 152,347 | 140,136 | 127,775 | 0 | 0 | 0 |
Amortization of deferred financing costs and note discount | ||||||||||||||||
13,641 | 13,447 | 14,826 | 14,846 | 14,871 | 14,887 | 13,317 | 13,115 | 12,906 | 12,574 | 12,210 | 11,887 | 11,723 | 11,529 | 0 | 0 | 0 |
Share-based compensation expense | ||||||||||||||||
21,671 | 20,962 | 20,400 | 19,436 | 17,699 | 15,660 | 15,051 | 14,533 | 14,643 | 14,395 | 15,621 | 18,112 | 20,459 | 21,430 | 0 | 0 | 0 |
Deferred income tax expense | ||||||||||||||||
15,989 | 6,741 | -2,544 | 1,365 | -1,103 | -1,738 | -8,205 | -18,576 | -12,519 | -16,298 | -12,043 | 2,385 | 2,750 | 9,886 | 0 | 0 | 0 |
Loss on disposal and impairment of assets | ||||||||||||||||
-11,606 | -11,653 | -5,391 | -5,220 | -13,421 | -17,873 | -217,209 | -239,050 | -230,022 | -227,796 | -26,726 | -4,888 | -2,893 | -81 | 0 | 0 | 0 |
Other reserves and non-cash items | ||||||||||||||||
-5,101 | -16,959 | -7,659 | -5,518 | -9,712 | 153 | 5,484 | 4,335 | 8,621 | 5,055 | 33 | 3,076 | 1,471 | 1,901 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||||||||||
Decrease (increase) in accounts and notes receivable, net | ||||||||||||||||
13,796 | 20,818 | 11,051 | -1,000 | -11,531 | -28,015 | -24,215 | -20,535 | -19,034 | -6,616 | 12,284 | 11,590 | 14,055 | 16,284 | 0 | 0 | 0 |
Increase in prepaid expenses, deferred costs, and other current assets | ||||||||||||||||
-5,289 | 2,288 | -27,359 | -10,540 | -13,112 | -14,339 | 322 | 13,084 | 33,948 | 18,679 | 28,916 | 16,589 | 13,114 | 12,491 | 0 | 0 | 0 |
Increase in inventory, net | ||||||||||||||||
2,578 | 3,865 | 2,451 | 472 | 3,054 | 1,737 | 1,375 | 2,506 | 2,060 | 1,673 | 4,450 | 4,935 | 3,450 | 1,191 | 0 | 0 | 0 |
Decrease in other assets | ||||||||||||||||
-10,097 | -7,971 | -7,417 | -8,248 | -9,215 | -7,357 | 2,914 | 8,063 | 9,722 | 12,239 | 17,672 | 23,422 | 24,374 | 19,919 | 0 | 0 | 0 |
Decrease in accounts payable | ||||||||||||||||
3,926 | 8,233 | 510 | -10,007 | 4,456 | -2,619 | -1,590 | 2,385 | -12,313 | -24,938 | -10,609 | -14,525 | -4,165 | 15,468 | 0 | 0 | 0 |
Decrease in restricted cash liabilities | ||||||||||||||||
-38,832 | -70,482 | 106,013 | 13,391 | 13,334 | 109,093 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
(Decrease) increase in accrued liabilities | ||||||||||||||||
-3,342 | 35,266 | 10,147 | 22,250 | -11,440 | -44,416 | -54,853 | -67,305 | -26,236 | -10,753 | 43,721 | 57,198 | 60,244 | 46,508 | 0 | 0 | 0 |
Decrease in other liabilities | ||||||||||||||||
-15,859 | -13,404 | -5,440 | -4,719 | -6,214 | -11,839 | -12,287 | -364 | -1,109 | 1,597 | -4,363 | -1,479 | -1,810 | -292 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||||||||||
227,584 | 204,659 | 381,312 | 279,657 | 262,964 | 334,202 | 242,735 | 244,033 | 257,312 | 230,587 | 230,814 | 244,053 | 250,365 | 272,311 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||||||||||
Additions to property and equipment | ||||||||||||||||
114,028 | 124,906 | 124,167 | 115,576 | 115,773 | 107,205 | 106,073 | 120,954 | 126,318 | 144,140 | 161,256 | 156,179 | 147,992 | 125,882 | 0 | 0 | 0 |
Acquisitions, net of cash acquired | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 484,602 | 487,570 | 492,727 | 504,528 | 22,669 | 0 | 0 | 0 |
Proceeds from sale of assets and businesses | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 9,348 | 0 | 0 | 0 |
Net cash used in investing activities | ||||||||||||||||
-123,128 | -134,006 | -134,417 | -125,826 | -116,923 | -108,355 | -106,073 | -120,954 | -126,318 | -628,742 | -648,826 | -648,906 | -650,610 | -139,203 | 0 | 0 | 0 |
Cash flows from financing activities: | ||||||||||||||||
Proceeds from borrowings under revolving credit facility | ||||||||||||||||
1,267,270 | 656,326 | 891,226 | 827,763 | 860,179 | 882,763 | 591,347 | 591,694 | 600,992 | 1,081,689 | 982,465 | 936,566 | 803,073 | 235,368 | 0 | 0 | 0 |
Repayments of borrowings under revolving credit facility | ||||||||||||||||
752,327 | 752,039 | 731,719 | 690,480 | 739,096 | 745,148 | 717,827 | 700,895 | 993,280 | 976,161 | 827,352 | 761,618 | 358,343 | 311,362 | 0 | 0 | 0 |
Tax payments related to share-based compensation | ||||||||||||||||
7,784 | 4,050 | 2,570 | 5,107 | 4,993 | 5,591 | 5,390 | 3,190 | 3,281 | 8,504 | 0 | 0 | 0 | - | 0 | 0 | 0 |
Proceeds from exercises of stock options | ||||||||||||||||
294 | 3 | 2 | 16 | 16 | 14 | 13 | -1 | 101 | 104 | 199 | 633 | 543 | 673 | 0 | 0 | 0 |
Repurchase of common shares | ||||||||||||||||
67,125 | 50,252 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 3,959 | 0 | 0 | 0 |
Net cash used in financing activities | ||||||||||||||||
439,243 | -151,097 | -152,667 | -146,338 | -142,324 | -126,392 | -132,085 | -112,899 | -101,172 | 391,424 | 441,477 | 463,245 | 438,300 | -78,942 | 0 | 0 | 0 |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||||||||||
-5,409 | 2,503 | -3,359 | -933 | -3,283 | -3,862 | 4,575 | 2,986 | 2,648 | 801 | -9,449 | -9,568 | -7,498 | -6,440 | 0 | 0 | 0 |
Net increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||||||||
538,290 | -77,941 | 90,869 | 6,560 | 434 | 95,593 | 9,152 | 13,166 | 32,470 | -5,930 | 14,016 | 48,824 | 30,557 | 47,726 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information: | ||||||||||||||||
Cash paid for interest | ||||||||||||||||
26,672 | 26,540 | 29,814 | 34,677 | 35,422 | 41,115 | 38,119 | 38,712 | 30,925 | 31,649 | 22,170 | 20,816 | 18,091 | 16,718 | 0 | 0 | 0 |
Cash paid for income taxes | ||||||||||||||||
5,645 | 7,699 | 7,342 | 7,742 | 12,709 | 851 | 1,560 | -1,144 | -1,070 | 6,367 | 11,954 | 13,082 | 17,052 | 17,886 | 0 | 0 | 0 |