v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 98,662 $ 60,900 $ 172,433
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 81,867 88,096 79,720
Amortization of deferred financing costs and original issue discount 730 696 754
Loss on asset disposals 1,118 100 1,533
Share-based compensation 9,805 4,898 8,235
Other adjustments (65) 76 222
Changes in working capital:      
Accounts receivable 6,260 (23,323) 27,501
Inventories (7,803) (5,677) 6,704
Prepaid expenses and other current assets (673) 1,714 1,411
Accounts payable 5,735 (5,599) (23,831)
Deferred revenue (34,153) 28,647 (23,491)
Other current liabilities (11,845) 13 (7,665)
Net cash provided by operating activities 149,638 150,541 243,526
Cash flows from investing activities:      
Capital expenditures (50,802) (37,074) (24,196)
Proceeds from the sale of assets 54 4 0
Return of equity method investment 6,661 5,178 21,474
Net cash used in investing activities (44,087) (31,892) (2,722)
Cash flows from financing activities:      
Cash distributions to common unitholders (125,990) (70,710) (281,364)
Other financing activities (1,174) (2,361) (500)
Net cash used in financing activities (127,165) (73,071) (281,864)
Net (decrease) increase in cash and cash equivalents (21,614) 45,578 (41,060)
Cash and cash equivalents, beginning of period 90,857 45,279 86,339
Cash and cash equivalents, end of period 69,243 90,857 45,279
Related Party      
Cash flows from financing activities:      
Cash distributions to common unitholders (49,467) (26,037) (103,605)
Nonrelated Party      
Cash flows from financing activities:      
Cash distributions to common unitholders $ (76,524) $ (44,673) $ (177,759)