XML 73 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net loss $ (62,627) $ (12,570) $ (149,201)
Adjustments to reconcile net loss to cash provided by operating activities:      
Depreciation and amortization 173,370 118,603 141,766
Change in deferred income taxes 7,877 (81) 124,143
Stock-based compensation 24,159 21,538 22,807
Non-cash interest expense 7,788 8,107 7,163
Earnings from equity investments (28,073) (29,391) (49,090)
Distributed earnings from equity investments 38,074 35,167 34,411
Loss on sale of assets held for sale 0 0 8,390
Loss on early extinguishment of debt 15,464 4,185 2,932
Allowance for doubtful accounts 5,910 2,855 102
Changes in current assets and liabilities, net of effects of acquisitions      
Accounts receivable (25,587) 10,960 (4,498)
Inventories (2,631) (3,645) 4,136
Other current assets (9,558) 1,036 24,365
Accounts payable 10,087 (2,095) (2,915)
Accrued liabilities 1,539 12,600 6,919
Other 958 3,809 (857)
Net cash provided by operating activities 156,750 171,078 170,573
Cash flows from investing activities:      
Capital expenditures (12,199) (8,577) (9,352)
Lottery and gaming systems expenditures (44,776) (43,459) (62,926)
Other intangible assets and software expenditures (54,357) (39,848) (36,372)
Proceeds from asset disposals 103 1,728 465
Change in other assets and liabilities, net (1,279) 2,134 86
Equity method investments 0 (37,210) (203,795)
Restricted Cash (29,401) (771) 860
Distributions of capital on equity investments 24,891 17,817 0
Proceeds from sale of Racing Business 0 0 35,942
Business acquisitions, net of cash acquired (24,824) (52,953) (12,493)
Net cash used in investing activities (141,842) (161,139) (287,585)
Cash flows from financing activities:      
Repayments under revolving credit facility 0 0 0
Payment on long-term debt 312,457 0 355,542
Payments on long-term debt (235,787) (7,806) (323,854)
Payments of financing fees (14,002) (14,620) (13,655)
Purchases of treasury stock (68,457) 0 (26,335)
Excess tax benefit from stock-based compensation plans 393 139 502
Net redemptions of common stock under stock-based compensation plans (4,714) (2,354) (1,995)
Net cash used in financing activities (10,110) (24,641) (9,795)
Effect of exchange rate changes on cash and cash equivalents (185) (5,177) (9,043)
Increase (decrease) in cash and cash equivalents 4,613 (19,879) (135,850)
Cash and cash equivalents, beginning of period 104,402 124,281 260,131
Cash and cash equivalents, end of period 109,015 104,402 124,281
Non-cash investing and financing activities      
Total investment in International Terminal Leasing   28,500  
Total cash and noncash payment to International Terminal Leasing   4,700  
Noncash or Part Noncash Divestiture, Amount of Consideration Received     26,300
Notes Receivable 10,298 0 10,000
Cash Paid During the Period for [Abstract]      
Interest 85,882 97,199 86,486
Income taxes, net of refunds $ 7,511 $ 8,354 $ (3,393)