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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income including noncontrolling interests $ 284,142 $ 270,868
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 49,949 42,023
Share-based compensation expense related to equity classified awards 36,624 35,072
Non-cash restructuring and other related charges 14,026 0
Amortization and write-off of program rights 468,987 468,957
Amortization of deferred carriage fees 7,761 8,803
Unrealized foreign currency transaction gain (647) (1,866)
Unrealized gain on derivative contracts, net 0 (17,322)
Amortization of deferred financing costs and discounts on indebtedness 3,947 3,800
Bad debt expense 2,937 1,924
Deferred income taxes (40,065) 29,290
Write-down of non-marketable equity securities and note receivable 17,741 0
Other, net (2,057) 6,944
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) (9,011) (40,419)
Prepaid expenses and other assets (40,017) (12,377)
Program rights and obligations, net (443,519) (471,385)
Income taxes payable 8,948 (1,829)
Deferred revenue 1,107 4,392
Deferred carriage fees, net (13,597) (2,448)
Accounts payable, accrued liabilities and other liabilities (58,319) (45,850)
Net cash provided by operating activities 288,937 278,577
Cash flows from investing activities:    
Capital expenditures (49,463) (37,402)
Return of capital from investees 5,908 347
Investment in and loans to investees 0 (87,488)
Payments for acquisition of a business, net of cash acquired 0 (34,879)
Net cash used in investing activities (43,555) (159,422)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 0 0
Principal payments on long-term debt (2,717) 0
Deemed repurchases of restricted stock units (23,019) (15,734)
Purchase of treasury stock (58,440) (242,409)
Proceeds from stock option exercises 4,630 4,317
Principal payments on finance lease obligations (2,590) (2,625)
Distributions to noncontrolling interests (10,129) (6,967)
Net cash used in financing activities (92,265) (263,418)
Net increase (decrease) in cash and cash equivalents from operations 153,117 (144,263)
Effect of exchange rate changes on cash and cash equivalents (1,661) 1,604
Cash and cash equivalents at beginning of period 554,886 558,783
Cash and cash equivalents at end of period $ 706,342 $ 416,124