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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Cash flows from operating activities:    
Net (loss) income $ (43,667) $ 43,312
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 25,912 28,135
Amortization of right of use assets 6,809 11,931
Amortization of debt issuance costs/discounts 1,541 136
Provision for doubtful accounts 3,702 618
Loss (gain) on sale or disposal of assets or stations 5,583 (47,724)
Gain on early extinguishment of debt 0 (381)
Impairment of intangible assets 4,509 0
Deferred income taxes (4,784) 7,725
Stock-based compensation expense 1,704 2,314
Changes in assets and liabilities:    
Accounts receivable 84,866 16,704
Trade receivable (697) (1,585)
Prepaid expenses and other current assets (9,762) 424
Operating leases 9,522 3,839
Assets held for sale 0 29
Other assets (4,394) 2,778
Accounts payable and accrued expenses (32,515) (17,836)
Trade payable 115 78
Other liabilities 3,967 (1,543)
Net cash provided by operating activities 52,411 48,954
Cash flows from investing activities:    
Proceeds from sale of assets or stations 78,333 103,519
Capital expenditures (5,575) (10,715)
Net cash provided by investing activities 72,758 92,804
Cash flows from financing activities:    
Repayment of borrowings under term loan (2,626) (639,180)
Borrowings under the 2020 revolving credit facility 60,000 0
Proceeds from issuance of 6.75% senior notes 0 500,000
Financing costs (444) (7,675)
Shares returned in lieu of tax payments (1,243) (1,156)
Repayments of financing lease obligations (949) (819)
Net cash provided by (used in) financing activities 54,738 (148,830)
Increase (decrease) in cash and cash equivalents and restricted cash 179,907 (7,072)
Cash and cash equivalents and restricted cash at beginning of period 17,007 30,038
Cash and cash equivalents and restricted cash at end of period $ 196,914 $ 22,966
6.75% Senior Notes    
Interest rate 6.75%  
6.75% Senior Notes | Senior Notes    
Interest rate 6.75%