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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 112,462 $ 716
Adjustments to reconcile consolidated net income to net cash from operating activities:    
Depreciation and amortization 34,016 34,247
Amortization of debt financing costs 3,611 5,272
Amortization of content assets 44,219 52,511
Amortization of launch assets 432 142
Deferred income taxes (124,141) 9,114
Impairment of long-lived assets 29,148 1,287
Stock-based compensation 4,647 3,410
Loss (gain) on retirement of debt 5,219 (2,646)
Gain on sale-leaseback (14,411) 0
Effect of change in operating assets and liabilities, net of assets acquired and disposed of:    
Trade accounts receivable (7,245) 833
Prepaid expenses and other current assets (1,686) (1,894)
Other assets 1,068 572
Accounts payable 572 (909)
Accrued interest (1,263) (675)
Accrued compensation and related benefits (6,551) 2,270
Other liabilities 2,895 6,238
Payments for content assets (52,837) (61,181)
Payment of launch support (1,848) (1,058)
Net cash flows provided by operating activities 28,307 48,249
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (7,445) (5,164)
Cost method investment 0 (35,000)
Proceeds from sale of radio station 2,000 0
Proceeds from sale-leaseback 25,000 0
Acquisition of digital assets (5,000) 0
Acquisition of station and broadcasting assets (2,000) (2,000)
Net cash flows provided by (used in) investing activities 12,555 (42,164)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Debt refinancing costs and original issue discount (8,860) (421)
Repayment of 2020 Notes (38,639) (17,174)
Payment of dividends to noncontrolling interest members of Reach Media 0 (2,001)
Repurchase of common stock (4,958) (3,584)
Net cash flows used in financing activities (49,832) (26,680)
DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (8,970) (20,595)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of year 46,781 67,376
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of year 37,811 46,781
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 77,073 77,038
Income taxes, net of refunds 540 475
2017 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from 2017 Credit Facility 350,000 0
Repayment of Credit Facility (2,625) 0
2015 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of Credit Facility $ (344,750) $ (3,500)