XML 104 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 300,835 $ 156,761 $ 162,510
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 113,491 113,933 108,931
Asset impairments 9,150    
Amortization of debt issuance costs and other non-cash interest 3,509 4,316 4,331
Expenses associated with debt refinancing transactions 36,528 2,099  
Deferred income taxes (151,037) 5,761 19,321
Other expenses and non-cash items 2,623 1,084 1,559
Non-cash revenue (294)    
Income tax benefit of equity compensation (351) (2,708) (1,962)
Non-cash equity compensation 12,965 12,325 10,384
Changes in assets and liabilities, net:      
Accounts receivable, prepaid expenses and other assets 16,683 12,189 46,941
Accounts payable, accrued expenses and other liabilities 23,910 (24,219) (2,456)
Income taxes payable 1,492 1,715 1,517
Net cash provided by operating activities 369,504 283,256 351,076
CASH FLOWS FROM INVESTING ACTIVITIES:      
Expenditures for facility acquisition, development and expansions (27,955) (30,424) (125,682)
Acquisition of businesses, net of cash acquired (36,252)    
Expenditures for other capital improvements (48,570) (49,014) (48,258)
Cash paid for leasehold incentive (12,765)    
Decrease in restricted cash 452   1,749
Proceeds from sale of assets 998 1,838 885
Increase in other assets (3,260) (4,027) (2,248)
Payments received on direct financing lease and notes receivable 1,840 1,707 1,515
Net cash used in investing activities (125,512) (79,920) (172,039)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of debt 1,283,000 888,500 383,623
Principal repayments of debt (1,198,000) (1,023,500) (296,589)
Payment of debt issuance and other refinancing and related costs (37,349) (6,336)  
Proceeds from exercise of stock options 30,171 4,933 2,137
Purchase and retirement of common stock (6,693) (2,808) (239,847)
Income tax benefit of equity compensation 351 2,708 1,962
Increase in restricted cash for dividends (1,016)    
Dividends paid (299,434) (59,768)  
Net cash used in financing activities (228,970) (196,271) (148,714)
NET INCREASE IN CASH AND CASH EQUIVALENTS 15,022 7,065 30,323
CASH AND CASH EQUIVALENTS, beginning of year 62,897 55,832 25,509
CASH AND CASH EQUIVALENTS, end of year 77,919 62,897 55,832
Cash paid during the period for:      
Interest (net of amounts capitalized of $836, $1,057, and $1,584 in 2013, 2012, and 2011, respectively) 40,776 66,943 71,002
Income taxes $ 7,422 $ 83,864 $ 70,341