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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities:    
Net income (loss) $ 424,527 $ 244,153
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 115,242 135,085
Realized and unrealized losses (gains) on investments 2,600  
Non-cash, stock-based compensation 7,676 6,953
Deferred tax expense (benefit) (14,548) (13,519)
Allowance for credit losses and allowance for doubtful accounts, respectively (8,940) 19,526
Other, net 3,719 4,804
Changes in current assets and current liabilities, net 32,499 137,511
Net cash flows from operating activities 562,775 534,513
Cash Flows From Investing Activities:    
(Purchases) Sales and maturities of marketable investment securities, net 83,596 (60,543)
Purchases of property and equipment (49,802) (75,421)
Other, net 2,200 2,017
Net cash flows from investing activities 35,994 (133,947)
Cash Flows From Financing Activities:    
Repurchases of senior notes (205,354)  
Early debt extinguishment (2,517)  
Advances to affiliates   (82,415)
Repayment of long-term debt and finance lease obligations (13,251) (11,452)
Net cash flows from financing activities (221,122) (93,867)
Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents 377,647 306,699
Cash, cash equivalents, restricted cash and cash equivalents, beginning of period (Note 4) 1,296,732 78,103
Cash, cash equivalents, restricted cash and cash equivalents, end of period (Note 4) $ 1,674,379 $ 384,802