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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net Income $ 104,004 $ 134,287
Adjustments to reconcile net income to net cash flow from operating activities:    
Depreciation and amortization 28,631 30,305
Stock-based compensation 3,688 10,495
Company stock 401(k) contribution 5,564 5,338
Gains on assets, net 0 (18,308)
Equity losses from unconsolidated investments, net 237 3,811
Pension expense, net of employer contributions 1,416 (585)
Change in other assets and liabilities, net of acquisitions:    
Decrease (increase) in trade receivables 20,615 (120)
Increase in accounts payable 12,100 13,987
(Decrease) increase in interest and taxes payable, net (1,627) 13,663
Increase in deferred revenue 1,797 2,298
Change in other assets and liabilities, net (6,038) 1,089
Net cash flow from operating activities 170,387 196,260
Cash flows from investing activities:    
Purchase of property and equipment (2,845) (5,538)
Reimbursements from spectrum repacking 0 58
Payments for acquisition of assets (1,150) 0
Purchases of investments (163) (2,216)
Proceeds from investments 23 0
Proceeds from sale of assets 13 366
Net cash flow used for investing activities (4,122) (7,330)
Cash flows from financing activities:    
Payments under revolving credit facilities, net 0 (166,000)
Dividends paid (21,360) (21,151)
Other, net (13,407) (15,452)
Net cash flow used for financing activities (34,767) (202,603)
Increase (decrease) in cash 131,498 (13,673)
Balance of cash, beginning of period 551,681 56,989
Balance of cash, end of period 683,179 43,316
Supplemental cash flow information:    
Cash paid (received) for income taxes, net of refunds (payments) 914 (248)
Cash paid for interest $ 73,862 $ 75,063