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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income including noncontrolling interests $ 110,534 $ 94,725
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 22,590 25,246
Impairment and other charges 0 16,055
Share-based compensation expenses related to equity classified awards 8,129 13,446
Non-cash restructuring and other related charges 0 4,329
Amortization of program rights 192,852 150,987
Amortization of deferred carriage fees 8,657 4,867
Unrealized foreign currency transaction (gain) loss 1,073 (13,758)
Amortization of deferred financing costs and discounts on indebtedness 1,898 2,048
Loss on extinguishment of debt 0 22,074
Bad debt expense 820 771
Deferred income taxes 21,430 4,646
(Gain) loss on investments (4,293) 5,366
Other, net (2,447) (755)
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) 37,510 36,996
Prepaid expenses and other assets (1,910) 29,383
Program rights and obligations, net (340,300) (237,951)
Income taxes payable 8,039 11,138
Deferred revenue 6,715 5,671
Deferred carriage fees, net (9,934) (57)
Accounts payable, accrued liabilities and other liabilities (84,918) (67,664)
Net cash provided by (used in) operating activities (23,555) 107,563
Cash flows from investing activities:    
Capital expenditures (11,528) (8,537)
Return of capital from investees 1,771 0
Acquisition of investments 0 (25,694)
Cash paid on distribution of business 0 (7,052)
Principal payment received on loan to investee 0 1,875
Proceeds from sale of investments 0 95,370
Net cash provided by (used in) investing activities (9,757) 55,962
Cash flows from financing activities:    
Proceeds from the issuance of long-term debt 0 984,500
Principal payments on long-term debt (8,438) (1,015,000)
Deemed repurchases of restricted stock units (20,292) (32,328)
Proceeds from stock option exercises 0 9,795
Principal payments on finance lease obligations (716) (1,095)
Contributions from noncontrolling interests 0 2,702
Distributions to noncontrolling interests (1,565) (2,464)
Net cash used in financing activities (31,011) (53,890)
Net increase (decrease) in cash and cash equivalents from operations (64,323) 109,635
Effect of exchange rate changes on cash and cash equivalents (6,272) (5,038)
Cash and cash equivalents at beginning of period 892,221 888,526
Cash and cash equivalents at end of period $ 821,626 $ 993,123