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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
IPH Unltd
Sep. 30, 2013
Buffalo Brand
Sep. 30, 2013
Lee Cooper
Sep. 30, 2013
Complex Media
Sep. 30, 2013
Marcy Media
Sep. 30, 2013
Current Assets
Sep. 30, 2012
Current Assets
Sep. 30, 2012
Noncurrent Assets
Cash flows provided by operating activities:                    
Net income $ 111,793 $ 94,489                
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:                    
Depreciation of property and equipment 1,897 2,139                
Amortization of trademarks and other intangibles 5,765 4,073                
Amortization of deferred financing costs 2,898 1,467                
Amortization of convertible notes discount 17,705 17,096                
Stock-based compensation expense 12,528 7,490                
Provision for doubtful accounts 4,968 2,837                
Earnings on equity investments in joint ventures (7,588) (4,209)                
Gain on sale of securities (5,395)                  
Deferred income tax provision 15,246 22,992                
Changes in operating assets and liabilities, net of business acquisitions:                    
Accounts receivable (25,995) (2,926)                
Other assets - current (639) 4,652                
Other assets 942 8,742                
Deferred revenue 13,722 (3,154)                
Accounts payable and accrued expenses 8,154 1,774                
Net cash provided by operating activities 156,001 157,462                
Cash flows used in investing activities:                    
Purchases of property and equipment (1,046) (1,102)                
Acquisition of interest     (45,000) (76,500) (66,667) (25,120) (32,000)      
Proceeds from sale of securities 5,395                  
Net distributions to equity partners (223) (6,477)                
Additional investments in joint ventures (373) (6,857)                
Earn-out payments on acquisitions   (3,771)                
Proceeds from sale of trademarks 23,361 4,490                
Additions to trademarks (344) (546)                
Net cash used in investing activities (226,517) (14,263)                
Cash flows provided by (used in) financing activities:                    
Proceeds from long-term debt 662,188 150,000                
Proceeds from sale of warrants 57,707                  
Payment for purchase of convertible note hedge (84,106)                  
Proceeds from exercise of stock options and warrants 328 759                
Payment of long-term debt (79,800) (324,965)                
Acquisition of interest in MG Icon (3,000) (4,000)                
Excess tax benefit from share-based payment arrangements   1,330                
Shares repurchased on open market (406,333) (88,335)                
Deferred financing costs (3,839) (57)                
Shares repurchased on vesting of restricted stock and stock option exercises (2,737) (1,178)                
Restricted cash               (29,998) (501) 7,220
Net cash provided by (used in) financing activities 110,410 (259,727)                
Effect of exchange rate changes on cash 807                  
Net increase (decrease) in cash and cash equivalents 40,701 (116,528)                
Cash and cash equivalents, beginning of period 238,672 167,717                
Cash and cash equivalents, end of period 279,373 51,189                
Balance of restricted cash - current 46,360 14,572                
Total cash and cash equivalents including current restricted cash, end of period 325,733 65,761                
Cash paid during the period:                    
Income taxes 16,478 11,747                
Interest 27,439 13,903                
Non-cash investing activities:                    
Sale of trademarks for note receivable 8,842 4,000                
Acquisitions:                    
Common stock issued   $ 2,221