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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income including noncontrolling interests $ 173,391 $ 200,454
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 51,620 49,821
Impairment and other charges 24,882 0
Share-based compensation expenses related to equity classified awards 13,293 16,812
Amortization of program rights 430,386 396,890
Amortization of deferred carriage fees 10,992 16,902
Unrealized foreign currency transaction loss/(gain) 2,712 (554)
Amortization of deferred financing costs and discounts on indebtedness 3,905 3,828
Bad debt expense 1,070 1,165
Deferred income taxes (725) 34,115
Gain on investments 0 (4,084)
Other, net (2,201) (4,955)
Changes in assets and liabilities:    
Accounts receivable, trade 54,221 58,410
Prepaid expenses and other assets 133,471 (50,853)
Program rights and obligations, net (644,114) (667,492)
Income taxes payable 1,109 2,241
Deferred revenue (59,828) 44,874
Deferred carriage fees, net (6,129) (11,686)
Accounts payable, accrued liabilities and other liabilities (163,008) (68,714)
Net cash provided by operating activities 25,047 17,174
Cash flows from investing activities:    
Capital expenditures (21,450) (21,554)
Return of capital from investees 0 1,771
Acquisition of investments (283) 0
Principal payment received on loan to investee 180 0
Proceeds from sale of investments 8,565 9,854
Net cash used in investing activities (12,988) (9,929)
Cash flows from financing activities:    
Payments for financing costs (342) 0
Principal payments on long-term debt (16,875) (16,875)
Deemed repurchases of restricted stock units (7,223) (20,309)
Principal payments on finance lease obligations (1,946) (1,663)
Distributions to noncontrolling interests (27,087) (25,139)
Purchase of noncontrolling interests (1,343) (2,500)
Net cash used in financing activities (54,816) (66,486)
Net decrease in cash and cash equivalents from operations (42,757) (59,241)
Effect of exchange rate changes on cash and cash equivalents 6,125 (15,636)
Cash and cash equivalents at beginning of period 930,002 892,221
Cash and cash equivalents at end of period $ 893,370 $ 817,344