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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income including noncontrolling interests $ 73,526 $ 150,157
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 26,730 24,056
Share-based compensation expense related to equity classified awards 15,512 19,899
Non-cash restructuring and other related charges 3,928 1,171
Amortization and write-off of program rights 223,982 205,275
Amortization of deferred carriage fees 6,783 2,710
Unrealized foreign currency transaction loss (gain) 7,848 (4,501)
Amortization of deferred financing costs and discounts on indebtedness 1,918 1,954
Loss on extinguishment of debt 2,908 0
Bad debt expense 1,211 2,353
Deferred income taxes 15,900 (8,858)
Write-down of non-marketable equity securities and note receivable 20,000 17,741
Other, net 1,044 1,142
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) 27,178 (1,429)
Prepaid expenses and other assets 17,532 (26,233)
Program rights and obligations, net (221,627) (190,651)
Income taxes payable 369 40,114
Deferred revenue 9,522 (4,200)
Deferred carriage fees, net (15,484) (422)
Accounts payable, accrued liabilities and other liabilities (20,372) (58,591)
Net cash provided by operating activities 198,408 171,687
Cash flows from investing activities:    
Capital expenditures (12,916) (22,053)
Return of capital from investees 0 3,908
Principal payment received on loan to investee 1,250 0
Proceeds from sale of investments 10,000 0
Net cash used in investing activities (1,666) (18,145)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 5,000 2,521
Principal payments on long-term debt (209,375) (3,238)
Deemed repurchases of restricted stock units (8,858) (22,959)
Purchase of treasury stock (85,957) (991)
Proceeds from stock option exercises 0 4,630
Principal payments on finance lease obligations (781) (1,309)
Distributions to noncontrolling interests (3,081) (5,629)
Net cash used in financing activities (303,052) (26,975)
Net increase (decrease) in cash and cash equivalents from operations (106,310) 126,567
Effect of exchange rate changes on cash and cash equivalents (5,731) 2,229
Cash and cash equivalents at beginning of period 816,170 554,886
Cash and cash equivalents at end of period $ 704,129 $ 683,682