| 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: | ||||||||||||||||
Cash flows from operating activities: | ||||||||||||||||
Net (loss) income | ||||||||||||||||
-177,800 | 6,844 | -26,798 | -7,067 | 20,284 | 13,181 | 25,067 | 99,102 | 82,130 | 45,969 | 22,316 | -50,171 | 45,419 | 41,289 | 33,444 | 21,728 | 59,503 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
58,534 | 57,598 | 57,925 | 55,835 | 50,853 | 46,864 | 44,235 | 45,992 | 43,164 | 43,496 | 42,661 | 46,807 | 45,253 | 42,565 | 36,240 | 38,436 | 39,427 |
Change in fair value of derivative instruments | ||||||||||||||||
-20,010 | 1,868 | -1,739 | -12,958 | -6,638 | -14,938 | 4,229 | 7,321 | 15,803 | 11,053 | -310 | 3,330 | 39 | 0 | 0 | 90 | -3 |
Reclassification of unrealized gain on derivative instruments into income | ||||||||||||||||
-662 | -680 | -687 | -731 | -745 | -773 | -769 | -689 | -698 | -721 | -624 | 986 | 1,535 | 1,733 | 1,732 | 335 | 1,266 |
Write-downs and other charges, net | ||||||||||||||||
6,221 | 3,280 | 2,791 | 838 | 382 | 2,634 | 121 | 415 | 349 | 2,116 | 14,320 | 4,463 | -1,116 | 4,692 | 356 | 284 | 824 |
Tax receivable agreement liability adjustment | ||||||||||||||||
- | - | - | - | - | 263 | 0 | 73,502 | 16,873 | 139,070 | -214 | 444 | 0 | - | - | - | - |
Amortization of debt discount and debt issuance costs | ||||||||||||||||
3,003 | 4,191 | 4,148 | 4,078 | 4,004 | 4,066 | 4,077 | 4,032 | 3,974 | 3,996 | 4,292 | 4,588 | 4,330 | 4,177 | 4,200 | 4,384 | 4,731 |
Interest—paid in kind | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 988 | 1,142 |
Share-based Payment Arrangement, Noncash Expense | ||||||||||||||||
4,053 | - | 4,464 | 4,532 | 3,853 | - | 3,315 | 3,057 | 2,500 | - | 1,989 | 2,326 | 1,412 | - | 1,413 | 3,681 | 620 |
Earnings from joint ventures | ||||||||||||||||
202 | 447 | 455 | 521 | 505 | 579 | 499 | 499 | 608 | 390 | 407 | 420 | 415 | 527 | 346 | 428 | 612 |
Distributions from joint ventures | ||||||||||||||||
493 | 212 | 332 | 521 | 433 | 689 | 433 | 360 | 551 | 200 | 56 | 363 | 342 | 505 | 240 | 429 | 160 |
Gain (Loss) on Extinguishment of Debt | ||||||||||||||||
-11,411 | - | 0 | 0 | -302 | - | 0 | 0 | 0 | - | -558 | -975 | -2,019 | - | -186 | -7,084 | 0 |
Deferred income tax | ||||||||||||||||
-113,185 | 1,859 | 842 | 953 | -1,919 | 2,464 | -623 | -14,845 | -10,856 | -136,072 | 73 | -157 | 0 | - | - | - | - |
Restricted cash | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||||||||||
Receivables, net | ||||||||||||||||
-16,196 | -1,846 | 926 | -3,204 | 5,196 | -1,150 | 8,528 | -1,911 | -3,413 | 6,679 | 1,654 | -5,730 | 2,007 | 2,754 | 1,636 | -2,449 | 1,551 |
Interest on related party notes receivable | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 62 | 185 |
Inventories and prepaid expenses | ||||||||||||||||
562 | -911 | -31,504 | -3,302 | 36,114 | -56 | 8,540 | 7,556 | 1,709 | 1,851 | 1,056 | -458 | 4,550 | -2,159 | -3,133 | 3,327 | 2,475 |
Accounts payable | ||||||||||||||||
-13,343 | 3,797 | -6,354 | 560 | 11,683 | -4,081 | -1,348 | 4,989 | 3,117 | 3,042 | -11,165 | 6,705 | 234 | 843 | 8,202 | 1,751 | -1,862 |
Accrued interest payable | ||||||||||||||||
13,404 | -6,836 | 5,777 | -6,548 | 7,666 | -7,448 | 7,176 | -7,846 | 4,925 | 6,121 | -4,571 | 3,438 | -10,136 | 8,235 | -10,113 | 13,729 | -9,391 |
Income tax payable/receivable, net | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 7,074 | 2,437 | -12,052 | 10,331 | -10,099 | -1,854 | 3,703 | 0 |
Other accrued liabilities | ||||||||||||||||
-7,236 | 8,514 | 144 | 17,637 | -9,981 | 4,853 | 6,000 | 7,550 | -4,784 | 3,878 | 4,822 | -3,913 | 1,857 | 10,809 | -3,934 | -10,994 | 4,219 |
Other, net | ||||||||||||||||
-1,179 | -844 | -837 | -897 | 871 | -9,593 | -2,828 | -88 | 8,411 | -650 | -2,324 | -1,397 | -450 | -95 | -354 | -769 | -254 |
Net cash provided by operating activities | ||||||||||||||||
47,884 | 99,983 | 73,502 | 88,542 | 54,605 | 85,024 | 69,962 | 84,974 | 106,047 | 108,400 | 78,578 | 8,063 | 94,919 | 107,383 | 73,068 | 69,909 | 96,073 |
Cash flows from investing activities: | ||||||||||||||||
Capital expenditures, net of related payables | ||||||||||||||||
30,790 | 28,834 | 52,836 | 111,569 | 160,030 | 171,675 | 149,914 | 119,970 | 137,728 | 80,415 | 66,157 | 60,522 | 41,333 | 42,871 | 31,873 | 56,332 | 31,301 |
Proceeds from asset sales | ||||||||||||||||
46 | 269 | 421 | 178 | 70 | 10 | 154 | 4,455 | 83 | 59 | 359 | 104 | 523 | 2,768 | 8 | 8,318 | 0 |
Distributions in excess of earnings from joint ventures | ||||||||||||||||
310 | 152 | 156 | 112 | 30 | 223 | 372 | 336 | 428 | 179 | 199 | 228 | 432 | 173 | 366 | 476 | 0 |
Native American development costs | ||||||||||||||||
145 | 63 | 84 | 453 | 204 | 259 | 217 | 96 | 130 | -20 | 355 | 1,336 | 798 | 950 | 821 | 547 | 386 |
Net settlement of derivative instruments | ||||||||||||||||
97 | -718 | -2,502 | -3,984 | -3,819 | -3,076 | -2,837 | -2,619 | -1,310 | -240 | -345 | 0 | 0 | - | - | - | - |
Other, net | ||||||||||||||||
612 | 621 | 935 | 3,712 | 853 | -2,438 | 6,067 | 1,772 | 1,089 | 2,360 | 1,086 | 5,762 | 777 | 2,002 | 254 | 566 | 746 |
Net cash used in investing activities | ||||||||||||||||
-31,288 | -28,379 | -108,130 | -111,460 | -157,168 | -202,293 | -152,835 | -114,428 | -137,126 | -82,277 | -66,695 | -90,728 | -41,953 | -32,448 | -326,740 | -50,323 | -32,433 |
Cash flows from financing activities: | ||||||||||||||||
Borrowings under credit agreements with original maturity dates greater than three months | ||||||||||||||||
1,007,500 | 120,000 | 195,000 | 155,000 | 220,000 | 275,000 | 165,000 | 0 | 0 | 5,000 | 70,904 | 544,688 | 185,000 | 25,000 | 130,000 | 1,717,500 | 0 |
Payments under credit agreements with original maturity dates greater than three months | ||||||||||||||||
780,824 | - | 142,141 | 128,271 | 111,835 | - | 68,112 | 8,113 | 3,406 | - | 250,000 | 168,310 | 209,143 | - | 6,563 | 1,419,721 | 48,892 |
Borrowings under credit agreements with original maturity dates of three months or less, net | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -63,900 | 10,000 |
Proceeds from issuance of 4.50% Senior Notes | ||||||||||||||||
750,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Cash paid for early extinguishment of debt | ||||||||||||||||
7,109 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||||||||
485 | 2,442 | 0 | 295 | 3,970 | 327 | 710 | 3,731 | 613 | 209 | 718 | 1,574 | 0 | - | - | - | - |
Distributions to noncontrolling interests | ||||||||||||||||
4,620 | 4,683 | 4,683 | 4,689 | 4,688 | 4,689 | 4,772 | 4,983 | 5,496 | 6,002 | 8,597 | 16,241 | 7,450 | 10,811 | 14,154 | 92,190 | 8,347 |
Dividends paid | ||||||||||||||||
7,110 | 6,969 | 6,963 | 6,999 | 6,968 | 6,928 | 6,930 | 6,935 | 6,905 | 6,850 | 6,792 | 6,768 | 6,570 | 6,531 | 4,114 | 0 | 0 |
Payment of debt issuance costs | ||||||||||||||||
12,265 | 312 | 17 | 785 | 2,505 | 0 | 0 | 0 | 0 | 2,040 | 8,281 | 4,237 | 16,861 | 0 | 3,037 | 36,778 | 0 |
Payments on derivative instruments with other-than-insignificant financing elements | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 9,045 | 1,786 |
Payments on other debt | ||||||||||||||||
260 | 37,478 | 221 | 236 | 232 | -933 | 581 | 598 | 577 | 553 | 993 | 2,236 | 1,398 | 146 | 926 | 19,855 | 1,361 |
Payments on tax receivable agreement liability | ||||||||||||||||
- | - | - | - | - | 0 | 0 | -23,850 | -5,015 | 0 | 0 | 0 | 0 | - | - | - | - |
Acquisition of subsidiary noncontrolling interests | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 4,484 | 0 | 0 | 0 | 0 |
Other, net | ||||||||||||||||
-68 | 1 | 0 | -238 | -438 | -202 | -164 | -460 | -297 | -182 | -143 | -289 | -6,192 | -157 | -2,615 | 2,831 | -7,316 |
Net cash provided by financing activities | ||||||||||||||||
945,729 | -49,194 | 40,975 | 14,077 | 97,304 | 121,329 | 85,151 | -41,208 | -21,083 | -278,214 | 346,816 | 88,780 | -67,098 | -35,111 | 98,591 | 109,263 | -57,702 |
Increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||
962,325 | 22,410 | 6,347 | -8,841 | -5,259 | 4,060 | 2,278 | -70,662 | -52,162 | -252,091 | 358,699 | 6,115 | -14,132 | 39,824 | -155,081 | 128,849 | 5,938 |
Supplemental cash flow disclosures: | ||||||||||||||||
Cash paid for interest, net of $0 and $2,599 capitalized, respectively | ||||||||||||||||
21,062 | 41,129 | 31,540 | 44,091 | 26,374 | 41,673 | 23,116 | 36,313 | 23,317 | 22,136 | 32,927 | 24,738 | 38,718 | 21,501 | 39,268 | 16,457 | 39,088 |
Cash paid for income taxes, net of refunds received | ||||||||||||||||
0 | 129 | 0 | 0 | -65 | 352 | 0 | 0 | -176 | 8,730 | 0 | 82 | 348 | 4,307 | 5,193 | 0 | 0 |
Non-cash investing and financing activities: | ||||||||||||||||
Capital expenditures incurred but not yet paid | ||||||||||||||||
15,763 | 3,481 | -23,549 | -21,291 | 71,985 | 3,729 | 16,856 | 38,819 | 53,264 | 17,309 | -4,101 | -2,865 | 29,330 | -6,033 | -447 | 9,642 | 18,213 |