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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 142,164 $ 112,462
Adjustments to reconcile consolidated net income to net cash from operating activities:    
Depreciation and amortization 33,189 34,016
Amortization of debt financing costs 2,885 3,611
Amortization of content assets 43,796 44,219
Amortization of launch assets 422 432
Deferred income taxes (139,247) (124,141)
Impairment of long-lived assets 21,256 29,148
Stock-based compensation 4,711 4,647
Loss on retirement of debt 1,809 5,219
Gain on sale-leaseback 0 (14,411)
Effect of change in operating assets and liabilities, net of assets acquired and disposed of:    
Trade accounts receivable (1,411) (7,245)
Prepaid expenses and other current assets (1,806) (1,686)
Other assets 788 1,068
Accounts payable (796) 572
Accrued interest (8,541) (1,263)
Accrued compensation and related benefits 6,385 (6,551)
Other liabilities (9,900) 2,895
Payments for content assets (45,475) (52,837)
Payment of launch support 0 (1,848)
Net cash flows provided by operating activities 50,229 28,307
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (4,428) (7,445)
Proceeds from sale of radio station 12,791 2,000
Proceeds from sale-leaseback 0 25,000
Purchases of intangible assets (400) 0
Acquisition of digital assets 0 (5,000)
Acquisition of station and broadcasting assets (4,763) (2,000)
Net cash flows provided by investing activities 3,200 12,555
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from MGM National Harbor Loan 50,000 0
Debt refinancing costs and original issue discount (7,387) (8,860)
Distribution of contingent consideration (1,148) 0
Proceeds from exercise of stock options 94 0
Premium paid on repayment of long-term debt (2,133) 0
Repayment of 2020 Notes (271,855) (38,639)
Payment of dividends to noncontrolling interest members of Reach Media (2,227) 0
Repurchase of share-based equity awards (1,077) 0
Repurchase of common stock (8,168) (4,958)
Net cash flows used in financing activities (75,350) (49,832)
DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (21,921) (8,970)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of year 37,811 46,781
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of year 15,890 37,811
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for: Interest 82,258 77,073
Cash paid for: Income taxes, net of refunds 1,158 540
NON-CASH FINANCIAL AND INVESTING ACTIVITIES:    
Purchases of property and equipment 329 0
2018 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Credit Facility 192,000 0
2017 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Credit Facility 350,000
Repayment of credit facility (23,449) (2,625)
2015 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of credit facility $ 0 $ (344,750)