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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income including noncontrolling interests $ 279,839 $ 256,988 $ 407,716
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 93,881 104,606 101,098
Impairment and other charges 16,699 122,227 106,603
Share-based compensation expenses related to equity classified awards 47,925 52,908 64,133
Non-cash restructuring and other related charges 4,329 5,359 14,098
Amortization and write-off of program rights 909,339 923,886 974,835
Amortization of deferred carriage fees 29,709 28,231 21,587
Unrealized foreign currency transaction (gain) loss (16,882) 3,099 (16,325)
Amortization of deferred financing costs and discounts on indebtedness 7,729 8,005 8,007
Loss on extinguishment of debt 22,074 2,908 0
Bad debt (recoveries) expense 5,337 (2,843) 12,641
Deferred income taxes 34,010 23,159 (38,916)
Gains on investments (1,306) (97,617) 0
Write-down of non-marketable equity securities and note receivable 0 20,000 20,206
Other, net (7,216) (594) (2,832)
Changes in assets and liabilities:      
Accounts receivable, trade (including amounts due from related parties, net) (56) 63,337 (43,345)
Prepaid expenses and other assets (183,861) 64,060 (142,303)
Program rights and obligations, net (1,297,782) (850,013) (969,900)
Income taxes payable (3,467) 6,703 1,219
Deferred revenue 126,832 7,202 8,667
Deferred carriage fees, net (53,065) (8,833) (15,033)
Accounts payable, accrued liabilities and other liabilities 129,406 15,958 (28,408)
Net cash provided by operating activities 143,474 748,736 483,748
Cash flows from investing activities:      
Capital expenditures (42,572) (46,595) (91,604)
Return of capital from investees 0 1,872 5,380
Acquisition of investments (30,273) (5,440) (3,483)
Cash paid on distribution of business (7,052) 0 0
Principal payments received on loans to investees 20,000 5,000 0
Payments for acquisitions of businesses, net of cash acquired (62,055) 0 0
Proceeds from sale of investments 95,370 10,000 0
Net cash used in investing activities (26,582) (35,163) (89,707)
Cash flows from financing activities:      
Proceeds from the issuance of long-term debt 986,000 6,000 1,521
Principal payments on long-term debt (1,016,500) (262,250) (22,988)
Deemed repurchase of restricted stock units (32,886) (15,967) (23,018)
Purchase of treasury stock 0 (356,701) (70,598)
Proceeds from stock option exercises 9,795 0 4,630
Principal payments on finance lease obligations (3,800) (3,261) (5,115)
Contributions from noncontrolling interest 2,702 0 0
Distributions to noncontrolling interest (29,414) (15,819) (15,558)
Net cash used in financing activities (84,103) (647,998) (131,126)
Net increase in cash and cash equivalents from operations 32,789 65,575 262,915
Effect of exchange rate changes on cash and cash equivalents (29,094) 6,781 (1,631)
Cash and cash equivalents at beginning of year 888,526 816,170 554,886
Cash and cash equivalents at end of year $ 892,221 $ 888,526 $ 816,170