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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 86,198 $ 73,979
Adjustments to reconcile net income to net cash flow from operating activities:    
Depreciation and amortization 33,116 23,606
Stock-based compensation (757) 4,433
Company stock 401(k) contribution 5,138 0
Gains on sales of assets 0 (2,880)
Equity loss (income) from unconsolidated investments, net (9,015) (12,028)
Pension contributions, net of expense (3,642) (242)
Change in other assets and liabilities, net 66,326 (38,459)
Net cash flow from operating activities 177,364 48,409
Cash flows from investing activities:    
Purchase of property and equipment (13,264) (24,810)
Reimbursements from spectrum repacking 7,515 4,134
Payments for acquisitions of businesses and other assets, net of cash acquired (15,000) (108,872)
Payments for investments (509) (1,171)
Proceeds from investments 695 618
Proceeds from sale of assets and businesses 5,000 20,064
Net cash flow used for investing activities (15,563) (110,037)
Cash flows from financing activities:    
Payments under revolving credit facilities, net (118,000) (30,000)
Proceeds from borrowings 1,000,000 0
Debt repayments (985,000) (25,000)
Payments for debt issuance costs and early redemption fee (27,603) 0
Proceeds from sale of minority ownership interest in Premion 14,000 0
Dividends paid (30,470) (15,078)
Other, net (9,073) (338)
Net cash flow used for financing activities (156,146) (70,416)
Increase (decrease) in cash 5,655 (132,044)
Balance of cash, beginning of period 29,404 135,862
Balance of cash, end of period 35,059 3,818
Supplemental Cash Flow Information [Abstract]    
Cash paid (received) for income taxes, net of refunds 793 (397)
Cash paid for interest $ 66,240 $ 27,412