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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 37,225 $ (2,103)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 14,321 9,545
Amortization of debt financing costs 2,339 1,168
Write off of debt financing costs   3,055
Amortization of content assets 9,406  
Deferred income taxes 84,230 (818)
Gain on investment in affiliated company (146,879)  
Equity in income of affiliated company (3,287) (2,048)
Stock-based compensation 2,136 3,969
Non-cash interest 12,391  
LOSS ON RETIREMENT OF DEBT 7,743  
Effect of change in operating assets and liabilities, net of assets acquired:    
Trade accounts receivable (24,754) (12,679)
Prepaid expenses and other assets 2,713 (1,907)
Other assets 1,925 2,600
Accounts payable 1,639 (1,617)
Accrued interest 1,804 2,030
Accrued compensation and related benefits (128) 2,664
Income taxes payable 243 327
Other liabilities (1,547) 2,596
Net cash flows provided by operating activities of discontinued operations 616 104
Net cash flows provided by operating activities 2,136 6,886
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (3,610) (1,989)
Net cash and investments acquired in connection with TV One consolidation 65,245  
Purchase of content assets (2,345)  
Purchase of other intangible assets   (268)
Net cash flows provided by (used in) investing activities 59,290 (2,257)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from credit facility 378,280 12,000
Repayment of credit facility (353,681) (8,449)
Debt refinancing and modification costs (5,999) (7,095)
Repurchase of noncontrolling interests (54,595)  
Proceeds from noncontrolling interest member 2,776  
Repurchase of common stock (7,510)  
Net cash flows used in financing activities (40,729) (3,544)
INCREASE IN CASH AND CASH EQUIVALENTS 20,697 1,085
CASH AND CASH EQUIVALENTS, beginning of period 9,192 19,963
CASH AND CASH EQUIVALENTS, end of period 29,889 21,048
Cash paid for:    
Interest 14,533 15,739
Income taxes $ 863 $ 413