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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ 5,248 $ 163,321
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 12,052 12,460
Cost of revenue - television (spectrum usage rights)   12,131
Deferred income taxes 1,942 99,514
Non-cash interest expense 828 595
Amortization of syndication contracts 526 311
Payments on syndication contracts (516) (300)
Equity in net (income) loss of nonconsolidated affiliate 177 175
Non-cash stock-based compensation 3,711 3,149
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable 8,578 12,790
(Increase) decrease in prepaid expenses and other assets (7,210) (1,830)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (2,839) (8,862)
Net cash provided by (used in) operating activities 22,497 293,454
Cash flows from investing activities:    
Proceeds from sale of property and equipment and intangible assets 33  
Purchases of property and equipment (12,277) (9,639)
Purchases of intangible assets (3,153) (32,588)
Purchases of businesses, net of cash acquired (3,522) (7,489)
Purchases of marketable securities (159,403)  
Proceeds from marketable securities 25,000  
Purchases of investments (970) (2,200)
Deposits on acquisitions   (1,240)
Net cash provided by (used in) investing activities (154,292) (53,156)
Cash flows from financing activities:    
Proceeds from stock option exercises 77 11
Tax payments related to shares withheld for share-based compensation plans (2,239)  
Payments on long-term debt (2,250) (2,813)
Dividends paid (13,403) (10,179)
Repurchase of Class A common stock (7,660) (1,778)
Payment of contingent consideration (2,015)  
Net cash provided by (used in) financing activities (27,490) (14,759)
Effect of exchange rates on cash, cash equivalents and restricted cash (11) 17
Net increase (decrease) in cash, cash equivalents and restricted cash (159,296) 225,556
Cash, cash equivalents and restricted cash:    
Beginning 261,854 61,520
Ending 102,558 287,076
Cash payments for:    
Interest 10,566 10,489
Income taxes 1,222 671
Supplemental disclosures of non-cash investing and financing activities:    
Capital expenditures financed through accounts payable, accrued expenses and other liabilities 950 604
Contingent consideration included in accounts payable, accrued expenses and other liabilities $ 14,982 $ 18,026