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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 28, 2014
Cash flows from operating activities      
Net income $ 487,999 $ 522,686 $ 1,130,460
Adjustments to reconcile net income to operating cash flows:      
Depreciation 89,531 140,954 185,868
Amortization of intangible assets 114,959 121,290 79,856
Stock-based compensation 17,590 26,344 33,882
Provision for deferred income taxes 16,535 100,202 1,200
Pension expense (benefit), net of contributions 3,257 (122,376) (111,194)
Equity loss (income) in unconsolidated investees, net 7,170 (5,743) (167,319)
Gain on Cars.com acquisition, net of tax 0 0 (285,860)
Other, including losses (gains) on sale of assets and impairments 42,067 (65,496) 100,159
Changes in operating assets and liabilities:      
Decrease (increase) in trade receivables (32,046) 32,787 (1,514)
Decrease (increase) in inventories 0 1,807 10,032
Increase (decrease) in accounts payable (1,506) (57,643) 66,740
Increase (decrease) in interest and taxes payable (7,771) (46,411) (193,274)
Increase (decrease) in deferred revenue (20,004) 4,822 (5,353)
Changes in other assets and liabilities, net (34,352) (1,992) 3,857
Net cash flows from operating activities 683,429 651,231 847,540
Cash flows from investing activities      
Purchase of property and equipment (94,796) (118,767) (150,354)
Payments for acquisitions, net of cash acquired (206,078) (53,656) (1,990,877)
Payments for investments (20,797) (33,715) (7,026)
Proceeds from investments 39,954 12,402 180,809
Proceeds from sale of businesses and assets 8,441 411,012 305,347
Net cash (used for) provided by investing activities (273,276) 217,276 (1,662,101)
Cash flows from financing activities      
(Payments of) proceeds from borrowings under revolving credit facilities, net (85,000) 80,000 640,000
Proceeds from borrowings 300,000 200,000 666,732
Debt repayments (352,590) (587,509) (537,490)
Payments of debt issuance and financing costs (1,684) (7,619) (10,548)
Dividends paid (121,639) (167,508) (181,328)
Repurchases of common stock (161,891) (271,030) (75,815)
Net settlement of stock for tax withholding and proceeds from stock option exercises (20,352) (6,841) 331
Distributions to noncontrolling membership interests (18,840) (24,783) (22,072)
Deferred payments for acquisitions (437) (9,136) (15,687)
Cash transferred to the Gannett Co., Inc. business 0 (63,365) 0
Net cash (used for) provided by financing activities (462,433) (857,791) 464,123
Effect of currency exchange rate change 0 0 (281)
(Decrease) increase in cash and cash equivalents (52,280) 10,716 (350,719)
Cash and cash equivalents from continuing operations, beginning of year 129,200 110,305 455,023
Cash and cash equivalents from discontinued operations, beginning of year 0 8,179 14,180
Balance of cash and cash equivalents at beginning of year 129,200 118,484 469,203
Cash and cash equivalents from continuing operations, end of year 76,920 129,200 110,305
Cash and cash equivalents from discontinued operations, end of year 0 0 8,179
Balance of cash and cash equivalents at end of year 76,920 129,200 118,484
Supplemental cash flow information:      
Cash paid for income taxes, net of refunds 206,271 105,581 207,038
Cash paid for interest 225,462 265,174 242,190
Non-cash investing and financing activities      
Non-monetary exchange of investment for acquisition 0 (34,403) 0
Assets-held-for-sale proceeds 0 0 146,428
Escrow deposit disbursement related to London Broadcasting Company television stations acquisition 0 0 (134,908)
Capital expenditures $ 0 $ 0 $ (11,520)