v3.19.2
Condensed Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 307,395 $ 272,767
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 125,644 109,716
Loss on sale of property and equipment 718 785
Share-based compensation 4,216 2,275
Other operating activities, net 23,910 39,148
Net cash provided by operating activities 461,883 424,691
Cash flows from investing activities:    
Purchase of property and equipment (229,956) (292,269)
Proceeds from sale of property and equipment 366 528
Net cash used in investing activities (229,590) (291,741)
Cash flows from financing activities:    
Principal payments under long-term debt agreements   (50,000)
Payments for share repurchases (164,732) (47,394)
Dividends paid (27,435) (21,373)
Other financing activities, net (1,448) (1,074)
Net cash used in financing activities (193,615) (119,841)
Increase in cash and cash equivalents 38,678 13,109
Cash and cash equivalents at beginning of period 190,282 127,462
Cash and cash equivalents at end of period $ 228,960 $ 140,571

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