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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net loss $ (136,171) $ (672,397) $ (121,190)
Adjustments to reconcile net loss to operating cash flows:      
Depreciation and amortization 203,958 263,819 111,882
Share-based compensation expense 18,439 26,350 11,324
Non-cash interest expense 25,507 24,086 3,851
Non-cash acquisition related costs 0 0 26,411
Provision (benefit) for deferred income taxes 44,970 (30,175) (87,765)
Loss (gain) on sale or disposal of assets, net 17,208 (5,680) 4,723
Loss on convertible notes derivative 126,600 74,329 0
Loss on early extinguishment of debt 48,708 43,760 6,058
Asset impairments 3,976 11,029 3,009
Goodwill and intangible impairments 0 393,446 100,743
Pension and other postretirement benefit obligations (150,824) (117,522) (100,452)
Change in assets and liabilities:      
Accounts receivables, net (33,246) 111,506 12,608
Inventory (2,824) 19,965 5,150
Prepaid expenses 5,576 4,078 7,016
Accounts payable and accrued liabilities (33,457) (66,377) 44,311
Deferred revenue 931 (19,348) (8,326)
Other assets and liabilities (11,898) (3,099) 6,182
Cash provided by operating activities 127,453 57,770 25,535
Investing activities      
Acquisitions, net of cash acquired (125) 0 (796,502)
Purchases of property, plant, and equipment (39,560) (36,975) (13,978)
Proceeds from sale of publications, real estate and other assets 111,765 196,344 27,486
Insurance proceeds received for damage to property 0 1,643 0
Change in other investing activities (1,433) (876) (2,066)
Cash provided by (used for) investing activities 70,647 160,136 (785,060)
Financing activities      
Payments of debt issuance costs (21,071) (2,307) (121,223)
Borrowings of long-term debt 1,934,940 0 1,792,000
Borrowings under revolving credit facility 0 0 153,900
Repayments of long-term debt (2,156,046) (681,050) (481,058)
Repayments under revolving credit facility 0 0 (153,900)
Repurchase of convertible debt (15,012) 0 (197,950)
Proceeds from convertible debt 0 497,094 0
Payments of dividends 0 0 (91,936)
Changes in other financing activities (3,983) (15,079) (920)
Cash provided by (used for) financing activities (261,172) (201,342) 898,913
Effect of currency exchange rate change (35) 1,498 (3,494)
Increase (decrease) in cash, cash equivalents and restricted cash (63,107) 18,062 135,894
Balance of cash, cash equivalents and restricted cash at beginning of year 206,726 188,664 52,770
Cash, cash equivalents and restricted cash at end of year $ 143,619 $ 206,726 $ 188,664