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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income including noncontrolling interests $ 90,760 $ 284,142
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 52,635 49,949
Impairment and related charges 130,411 0
Share-based compensation expense related to equity classified awards 30,747 36,624
Non-cash restructuring and other related charges 6,126 14,026
Amortization and write-off of program rights 415,255 468,987
Amortization of deferred carriage fees 13,749 7,761
Unrealized foreign currency transaction loss (gain) 13,941 (647)
Amortization of deferred financing costs and discounts on indebtedness 4,088 3,947
Loss on extinguishment of debt 2,908 0
Bad debt expense 1,744 2,937
Deferred income taxes 10,437 (40,065)
Write-down of non-marketable equity securities and note receivable 20,000 17,741
Other, net (15,943) (2,057)
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) 55,365 (9,011)
Prepaid expenses and other assets 45,953 (40,017)
Program rights and obligations, net (387,027) (443,519)
Income taxes payable 256 8,948
Deferred revenue (5,086) 1,107
Deferred carriage fees, net (15,995) (13,597)
Accounts payable, accrued liabilities and other liabilities (45,412) (58,319)
Net cash provided by operating activities 424,912 288,937
Cash flows from investing activities:    
Capital expenditures (22,172) (49,463)
Return of capital from investees 924 5,908
Acquisition of investment securities (1,250) 0
Principal payment received on loan to investee 2,500 0
Proceeds from sale of investments 10,000 0
Net cash used in investing activities (9,998) (43,555)
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 6,000 0
Principal payments on long-term debt (218,750) (2,717)
Deemed repurchases of restricted stock units (8,946) (23,019)
Purchase of treasury stock (102,938) (58,440)
Proceeds from stock option exercises 0 4,630
Principal payments on finance lease obligations (1,575) (2,590)
Distributions to noncontrolling interests (10,607) (10,129)
Net cash used in financing activities (336,816) (92,265)
Net increase in cash and cash equivalents 78,098 153,117
Effect of exchange rate changes on cash and cash equivalents (4,381) (1,661)
Cash and cash equivalents at beginning of period 816,170 554,886
Cash and cash equivalents at end of period $ 889,887 $ 706,342