The following table provides a reconciliation of projected Free Cash Flow to projected net cash provided by operating activities, the most comparable GAAP financial measure:
(Unaudited) | |||||||
Year Ending
December 31, 2024 | |||||||
(in thousands) | Low | High | |||||
Net cash provided by operating activities | $ | 140,000 | $ | 148,000 | |||
Capital expenditures | (11,000 | ) | (11,000 | ) | |||
Free cash flow | $ | 129,000 | $ | 137,000 |