XML 81 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (55,909) $ (181,390) $ (126,892)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Income from discontinued operations, net of income taxes   (2,296)  
Depreciation, accretion, and amortization 533,334 408,467 309,146
Non-cash interest expense 49,085 70,110 63,629
Deferred income tax (benefit) expense (6,642) 1,360 (1,686)
Non-cash asset impairment and decommission costs 23,819 6,383 5,472
Non-cash compensation expense 17,205 13,968 11,469
Amortization of deferred financing fees 15,560 12,870 9,188
Loss from extinguishment of debt, net 6,099 51,799 1,696
Gain on sale/settlement of bankruptcy claim on convertible hedge (27,870) (4,952)  
Other non-cash items reflected in the Statements of Operations (380) (365) 768
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net (29,097) (18,804) (3,709)
Prepaid and other assets (81,458) (82,759) (27,425)
Accounts payable and accrued expenses 1,530 8,251 3,814
Accrued interest 4,651 13,882 58
Other liabilities 47,660 44,390 3,530
Net cash provided by operating activities 497,587 340,914 249,058
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisitions and related earn-outs (686,703) (2,258,655) (379,320)
Capital expenditures (168,893) (113,265) (126,938)
Proceeds from sale of DAS networks   100,000  
Return of principal on long-term notes 26,000    
Other investing activities 3,074 (3,131) (1,630)
Net cash used in investing activities (826,522) (2,275,051) (507,888)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under Revolving Credit Facility 340,000 584,000 250,000
Repayments under Revolving Credit Facility (225,000) (484,000) (270,000)
Proceeds from sale of common stock, net of fees   283,872  
Proceeds from sale/settlement of bankruptcy claim on convertible hedge 27,870 4,952  
Proceeds from employee stock purchase/stock option plans 10,205 31,152 15,801
Payments on settlement of convertible debt (794,997) (107,493) (17,038)
Proceeds from settlement of convertible note hedges 182,855    
Payments for settlement of common stock warrants (97,912)    
Repurchase and retirement of common stock     (225,072)
Other financing activities (15,525) (5,787) (1,704)
Net cash provided by financing activities 220,161 2,116,412 242,047
Effect of exchange rate changes on cash and cash equivalents (2,213) 1,212 (155)
Net cash provided by discontinued operations from operating activities   2,296  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (110,987) 185,783 (16,938)
CASH AND CASH EQUIVALENTS:      
Beginning of year 233,099 47,316 64,254
End of year 122,112 233,099 47,316
Cash paid during the period for:      
Interest 244,123 182,474 161,257
Income taxes 6,645 5,304 4,218
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH INVESTING & FINANCING ACTIVITIES:      
Assets acquired through capital leases 1,239 2,509 2,570
Issuance of stock for acquisitions   555,378  
Issuance of stock for conversion of debt, hedges, and warrants 18,159    
Promissory note received in connection with disposition of DAS assets   25,000  
Deferred payment on Brazil acquired assets   175,890  
Mobilitie Bridge Loan [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Long Term Debt, net of fees   395,000  
Repayment of Debt Amount   (400,000)  
5.625% and 5.75% Senior Notes [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Long Term Debt, net of fees   1,277,729  
2012 Secured Tower Revenue Securities [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Long Term Debt, net of fees   596,083  
Term Loan under the Senior Credit Agreement [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from Term Loans, net of fees   493,107 492,560
Repayment of Term Loans (512,000) (10,000) (2,500)
8.0% Notes and 8.25% Notes [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of Debt Amount   (542,203)  
Tower Securities [Member]
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of debt $ 1,304,665