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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income including noncontrolling interests $ 407,716 $ 463,967 $ 489,637
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:      
Depreciation and amortization 101,098 91,281 94,638
Impairment and related charges 106,603 4,486 17,112
Share-based compensation expense related to equity classified awards 64,133 60,979 53,545
Non-cash restructuring and other related charges 14,098 7,440 0
Amortization and write-off of program rights 974,835 961,134 954,238
Amortization of deferred carriage fees 21,587 17,342 17,605
Unrealized foreign currency transaction (gain) loss (16,325) 2,057 (15,258)
Unrealized (gain) on derivative contracts, net 0 (43,476) (27,233)
Amortization of deferred financing costs and discounts on indebtedness 8,007 7,715 8,436
Loss on extinguishment of debt 0 0 3,004
Bad debt expense 12,641 7,399 3,567
Deferred income taxes (38,916) 33,367 (48,665)
Write-down of non-marketable equity securities and note receivable 20,206 0 0
Other, net (2,832) 5,311 (11,014)
Changes in assets and liabilities:      
Accounts receivable, trade (including amounts due from related parties, net) (43,345) (52,106) (74,561)
Prepaid expenses and other assets (142,303) (2,789) (59,979)
Program rights and obligations, net (969,900) (978,763) (996,816)
Income taxes payable 1,219 (17,006) (21,966)
Deferred revenue 8,667 (6,392) (11,553)
Deferred carriage fees, net (15,033) (4,250) (4,617)
Accounts payable, accrued liabilities and other liabilities (28,408) 48,851 15,609
Net cash provided by operating activities 483,748 606,547 385,729
Cash flows from investing activities:      
Capital expenditures (91,604) (89,802) (80,049)
Return of capital from investees 5,380 4,088 2,447
Investments in and loans to investees (3,483) (90,081) (53,000)
Payments for acquisition of a business, net of cash acquired 0 (84,389) 0
Net cash used in investing activities (89,707) (260,184) (130,602)
Cash flows from financing activities:      
Proceeds from the issuance of long-term debt 1,521 289 1,536,000
Principal payments on long-term debt (22,988) 0 (1,257,965)
Payments for financing costs 0 0 (10,405)
Deemed repurchase of restricted stock units (23,018) (16,836) (14,496)
Purchase of treasury stock (70,598) (283,143) (434,210)
Proceeds from stock option exercises 4,630 4,317 0
Principal payments on finance lease obligations (5,115) (4,938) (4,573)
Distributions to noncontrolling interest (15,558) (14,296) (18,561)
Net cash used in financing activities (131,126) (314,607) (204,210)
Net increase in cash and cash equivalents from operations 262,915 31,756 50,917
Effect of exchange rate changes on cash and cash equivalents (1,631) (35,653) 26,477
Cash and cash equivalents at beginning of year 554,886 558,783 481,389
Cash and cash equivalents at end of year $ 816,170 $ 554,886 $ 558,783