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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 210,040$ 179,864
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization402,528330,906
Provision for uncollectible accounts receivable38238
Deferred rent expense13,45715,648
Cost of abandoned cell sites6501,450
Stock-based compensation expense32,14235,103
Non-cash interest expense6,14110,049
Loss (gain) on disposal of assets2,731(16,461)
Loss on extinguishment of debt9,53615,590
Gain on sale of investments(441)(340)
Accretion of asset retirement obligations4,1982,772
Other non-cash expense01,455
Deferred income taxes119,290114,105
Changes in assets and liabilities:  
Inventories14,04721,199
Accounts receivable, net(7,373)4,761
Prepaid expenses(16,289)(11,885)
Deferred charges2,307(4,263)
Other assets24,75515,730
Accounts payable and accrued expenses(90,087)(50,921)
Deferred revenue19,22510,474
Other liabilities6,4214,117
Net cash provided by operating activities753,660679,391
CASH FLOWS FROM INVESTING ACTIVITIES:  
Purchases of property and equipment(699,625)(547,943)
Change in prepaid purchases of property and equipment(65,241)60,348
Proceeds from sale of property and equipment8457,643
Purchase of investments(462,289)(1,174,773)
Proceeds from maturity of investments537,500387,500
Change in restricted cash and investments3001,262
Acquisitions of FCC licenses and microwave clearing costs(4,003)(3,686)
Cash used in asset acquisitions(7,495)0
Net cash used in investing activities(700,008)(1,269,649)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Change in book overdraft14,081(78,765)
Proceeds from debt issuance, net of discount1,497,500992,770
Debt issuance costs(15,351)(24,250)
Repayment of debt(17,945)(12,000)
Retirement of long-term debt(535,792)(327,529)
Payments on capital lease obligations(6,222)(2,923)
Purchase of treasury stock(4,359)(1,586)
Proceeds from exercise of stock options58,6664,944
Net cash provided by financing activities990,578550,661
INCREASE (DECREASE) CASH AND CASH EQUIVALENTS1,044,230(39,597)
CASH AND CASH EQUIVALENTS, beginning of period796,531929,381
CASH AND CASH EQUIVALENTS, end of period$ 1,840,761$ 889,784