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Consolidated Statements of Cash Flows
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
USD ($)
Jun. 30, 2013
USD ($)
Cash flows from operating activities:    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 129,685 $ 197,248
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 2,482 0
Net (Income) Loss Attributable to Noncontrolling Interest 337 0
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 31,925 36,653
Share-based compensation expense related to equity classified awards 13,839 9,941
Amortization and write-off of program rights 291,467 202,076
Amortization of Other Deferred Charges 5,501 5,158
Foreign Currency Transaction Gain (Loss), Unrealized (1,338) 17
Unrealized (gain) loss on derivative contracts, net (1,038) (2,796)
Amortization and write-off of deferred financing costs and discounts on indebtedness 4,205 3,665
Provision for (recovery of) doubtful accounts 1,095 (32)
Deferred income taxes 5,300 138,479
Excess tax benefits from share-based compensation arrangements (4,708) (2,893)
Other, net (339) (657)
Changes in assets and liabilities:    
Accounts receivable, trade (4,326) (15,295)
Amounts due from/to related parties, net 891 2,519
Prepaid expenses and other assets 35,989 (20,616)
Program rights and obligations, net (336,284) (241,658)
Income taxes payable 11,992 (113,025)
Deferred revenue and deferred litigation settlement proceeds 19,867 (318,806)
Deferred carriage fees and deferred carriage fees payable, net (13,110) (406)
Accounts payable, accrued expenses and other liabilities (15,981) (20,094)
Net cash provided by (used in) operating activities 177,451 (140,522)
Cash flows from investing activities:    
Capital expenditures (18,755) (13,670)
Payment for acquisition of a business (993,210) 0
Proceeds from insurance settlements 654 657
Net cash (used in) provided by investing activities (1,011,311) (13,013)
Cash flows from financing activities:    
Proceeds from Issuance of Long-term Debt 600,000 0
Payments for financing costs (9,266) (532)
Purchase of treasury stock (17,804) (11,950)
Proceeds from stock option exercises 925 1,551
Excess tax benefits from share-based compensation arrangements 4,708 2,893
Principal payments on capital lease obligations (1,312) (760)
Proceeds from (Payments to) Noncontrolling Interests 835 0
Net cash provided by (used in) financing activities 578,086 (8,798)
Net increase in cash and cash equivalents from continuing operations (255,774) (162,333)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (2,719) 0
Net Cash Provided by (Used in) Discontinued Operations (2,719) 0
Effect of Exchange Rate on Cash and Cash Equivalents 20,534 0
Cash and cash equivalents at beginning of period 521,951 610,970
Cash and cash equivalents at end of period $ 283,992 $ 448,637