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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 163,321 $ 13,402
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,460 11,724
Cost of revenue - television (spectrum usage rights) 12,131  
Deferred income taxes 99,514 8,887
Amortization of debt issue costs 595 579
Amortization of syndication contracts 311 289
Payments on syndication contracts (300) (270)
Equity in net income (loss) of nonconsolidated affiliate 175  
Non-cash stock-based compensation 3,149 2,634
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable 12,790 5,804
(Increase) decrease in prepaid expenses and other assets (1,830) (952)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (8,862) (3,192)
Net cash provided by operating activities 293,454 38,905
Cash flows from investing activities:    
Purchases of short-term investments   (30,000)
Proceeds from maturity of short term investments   30,000
Purchases of property and equipment (9,639) (6,960)
Purchases of intangible assets (32,588)  
Purchases of investments (2,200) (250)
Deposits on acquisitions (1,240)  
Purchase of a business, net of cash acquired (7,489)  
Net cash used in investing activities (53,156) (7,210)
Cash flows from financing activities:    
Net proceeds from stock option exercises 11 1,885
Payments on long-term debt (2,813) (2,813)
Dividends paid (10,179) (8,371)
Repurchase of Class A common stock (1,778)  
Net cash used in financing activities (14,759) (9,299)
Effect of exchange rates on cash, cash equivalents and restricted cash 17  
Net increase (decrease) in cash, cash equivalents and restricted cash 225,556 22,396
Cash, cash equivalents and restricted cash:    
Beginning 61,520 47,924
Ending 287,076 70,320
Cash payments for:    
Interest 10,489 11,040
Income taxes 671 534
Supplemental disclosures of non-cash operating, investing and financing activities:    
Capital expenditures financed through accounts payable, accrued expenses and other liabilities 604 $ 775
Contingent consideration included in accounts payable, accrued expenses and other liabilities $ 18,026