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Consolidated Statements of Cash Flows
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
USD ($)
Sep. 30, 2013
USD ($)
Cash flows from operating activities:    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 182,788 $ 255,198
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 3,448 0
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 50,220 46,588
Share-based compensation expense related to equity classified awards 21,569 15,049
Amortization and write-off of program rights 458,176 313,140
Amortization of Other Deferred Charges 8,148 7,793
Foreign Currency Transaction Gain (Loss), Unrealized 14,997 (50)
Unrealized (gain) loss on derivative contracts, net (2,417) (2,602)
Amortization and write-off of deferred financing costs and discounts on indebtedness 6,436 5,544
Provision for (recovery of) doubtful accounts 2,357 1,478
Deferred income taxes (23,926) 144,228
Excess tax benefits from share-based compensation arrangements (5,662) (4,920)
Other, net (2,113) (1,344)
Changes in assets and liabilities:    
Accounts receivable, trade 7,712 (18,523)
Amounts due from/to related parties, net 3,301 2,817
Prepaid expenses and other assets 600 (31,674)
Program rights and obligations, net (510,384) (358,129)
Income taxes payable 18,553 (112,341)
Deferred revenue and deferred litigation settlement proceeds 16,219 (329,358)
Deferred carriage fees and deferred carriage fees payable, net (13,234) (10,472)
Accounts payable, accrued expenses and other liabilities 25,042 3,517
Net cash provided by (used in) operating activities 261,830 (74,061)
Cash flows from investing activities:    
Capital expenditures (24,340) (18,336)
Payment for acquisition of a business (1,024,427) (2,500)
Payments to Acquire Investments (3,984) 0
Proceeds from insurance settlements 654 657
Net cash (used in) provided by investing activities (1,052,097) (20,179)
Cash flows from financing activities:    
Proceeds from Issuance of Long-term Debt 600,000 0
Payments for financing costs (9,266) (542)
Deemed repurchase of restricted stock (17,804) (12,000)
Proceeds from stock option exercises 1,070 1,722
Excess tax benefits from share-based compensation arrangements 5,662 4,920
Principal payments on capital lease obligations (2,707) (1,154)
Proceeds from (Payments to) Noncontrolling Interests 835 0
Net cash provided by (used in) financing activities 577,790 (7,054)
Net increase in cash and cash equivalents from continuing operations (212,477) (101,294)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (2,955) 0
Net Cash Provided by (Used in) Discontinued Operations (2,955) 0
Effect of Exchange Rate on Cash and Cash Equivalents (9,897) 0
Cash and cash equivalents at beginning of period 521,951 610,970
Cash and cash equivalents at end of period $ 296,622 $ 509,676