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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income including noncontrolling interests $ 341,092 $ 270,924
Adjustments to reconcile income from operations to net cash from operating activities:    
Depreciation and amortization 65,037 63,467
Impairment charges 17,112 0
Share-based compensation expense related to equity classified awards 41,412 28,869
Amortization and write-off of program rights 667,060 613,060
Amortization of deferred carriage fees 13,204 12,589
Unrealized foreign currency transaction (gain) loss (14,658) 28,800
Unrealized gain on derivative contracts, net (27,598) (1,549)
Amortization of deferred financing costs and discounts on indebtedness 6,530 6,997
Loss on extinguishment of debt 3,004 50,638
Bad debt expense 3,638 1,714
Deferred income taxes 9,325 15,080
Excess tax benefits from share-based compensation arrangements 0 (764)
Other, net (4,617) (4,433)
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) (13,316) 32,747
Prepaid expenses and other assets (69,463) (43,344)
Program rights and obligations, net (720,243) (687,888)
Income taxes payable (24,538) 10,414
Deferred revenue (6,529) 30,726
Deferred carriage fees, net (4,246) (10,411)
Accounts payable, accrued expenses and other liabilities (8,633) 8,956
Net cash provided by operating activities 273,573 426,592
Cash flows from investing activities:    
Capital expenditures (61,794) (44,505)
Investments in and loans to investees (43,000) 0
Payments for acquisition of a business, net of cash acquired 0 (354)
Net cash used in investing activities (104,794) (44,859)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 1,536,000 982,500
Principal payments on long-term debt (1,257,965) (811,000)
Premium and fees paid on extinguishment of debt 0 (40,953)
Payments for financing costs (10,405) (2,070)
Deemed repurchases of restricted stock units (13,373) (10,821)
Purchase of treasury stock (347,334) (109,997)
Proceeds from stock option exercises 0 1,217
Excess tax benefits from share-based compensation arrangements 0 764
Principal payments on capital lease obligations (3,428) (3,182)
Distributions to noncontrolling interests (16,110) (9,010)
Net cash used in financing activities (112,615) (2,552)
Net increase in cash and cash equivalents from operations 56,164 379,181
Effect of exchange rate changes on cash and cash equivalents 14,736 (12,738)
Cash and cash equivalents at beginning of period 481,389 316,321
Cash and cash equivalents at end of period $ 552,289 $ 682,764