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Consolidated Statements of Cash Flows
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
USD ($)
Mar. 31, 2013
USD ($)
Cash flows from operating activities:    
Income From Continuing Operations $ 71,987 $ 61,517
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 14,394 18,345
Share-based compensation expense related to equity classified awards 5,080 4,337
Amortization and write-off of program rights 149,371 98,382
Amortization of Other Deferred Charges 2,750 2,710
Foreign Currency Transaction Gain (Loss), Unrealized 1,718 0
Unrealized (gain) loss on derivative contracts, net (856) (718)
Amortization and write-off of deferred financing costs and discounts on indebtedness 2,012 1,819
Provision for (recovery of) doubtful accounts (216) (8)
Deferred income taxes 22,037 31,229
Excess tax benefits from share-based compensation arrangements (4,520) (1,333)
Other, net 0 (657)
Changes in assets and liabilities:    
Accounts receivable, trade (16,326) (16,504)
Amounts due from/to related parties, net 490 1,354
Prepaid expenses and other assets 25,384 (8,088)
Program rights and obligations, net (185,447) (93,892)
Income taxes payable 4,568 (80,903)
Deferred revenue and deferred litigation settlement proceeds 4,010 (12,424)
Deferred carriage fees and deferred carriage fees payable, net (3,050) (214)
Accounts payable, accrued expenses and other liabilities (18,787) (42,781)
Net cash provided by operating activities 74,599 (37,829)
Cash flows from investing activities:    
Capital expenditures (6,189) (8,003)
Payment for acquisition of a business (993,210) 0
Proceeds from insurance settlements 654 657
Net cash used in investing activities (998,745) (7,346)
Cash flows from financing activities:    
Proceeds from Issuance of Long-term Debt 600,000 0
Payments for financing costs (9,036) (530)
Purchase of treasury stock (17,804) (11,950)
Proceeds from stock option exercises 843 675
Excess tax benefits from share-based compensation arrangements 4,520 1,333
Principal payments on capital lease obligations (414) (375)
Net cash used in financing activities 578,109 (10,847)
Net increase in cash and cash equivalents from continuing operations (346,037) (56,022)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (485) 0
Net Cash Provided by (Used in) Discontinued Operations (485) 0
Effect of Exchange Rate on Cash and Cash Equivalents (15,975) 0
Cash and cash equivalents at beginning of period 521,951 610,970
Cash and cash equivalents at end of period $ 159,454 $ 554,948