XML 59 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities attributable to continuing operations:    
Net earnings (loss) $ 61,362 $ (6,489)
Less: loss from discontinued operations, net of tax 4,436 7,313
Earnings from continuing operations 65,798 824
Adjustments to reconcile earnings from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Depreciation 25,889 32,418
Amortization of intangibles 4,657 7,930
Non-cash compensation expense 43,168 42,593
Deferred income taxes 14,136 (5,812)
Equity in losses of unconsolidated affiliates 10,599 26,615
Gain on sales of investments (1,544) (3,989)
Changes in current assets and liabilities:    
Accounts receivable (10,210) (8,831)
Other current assets (237) 2,548
Accounts payable and other current liabilities (6,343) (2,734)
Income taxes payable (8,146) 24,678
Deferred revenue 11,878 9,048
Other, net 7,515 6,287
Net cash provided by operating activities attributable to continuing operations 157,160 131,575
Cash flows from investing activities attributable to continuing operations:    
Acquisitions, net of cash acquired (79,968) (16,681)
Capital expenditures (19,349) (23,513)
Proceeds from sales and maturities of marketable debt securities 402,096 366,543
Purchases of marketable debt securities (135,021) (427,286)
Proceeds from sales of investments 11,808 5,325
Purchases of long-term investments (1,604) (796)
Funds transferred to escrow for Meetic tender offer (360,585)  
Dividend received from Meetic, an equity method investee   8,800
Other, net (7,127) (127)
Net cash used in investing activities attributable to continuing operations (189,750) (87,735)
Cash flows from financing activities attributable to continuing operations:    
Purchase of treasury stock (155,241) (379,508)
Issuance of common stock, net of withholding taxes 52,043 6,592
Excess tax benefits from stock-based awards 17,865 4,992
Other, net 20 5
Net cash used in financing activities attributable to continuing operations (85,313) (367,919)
Total cash used in continuing operations (117,903) (324,079)
Total cash used in discontinued operations (2,913) (2,517)
Effect of exchange rate changes on cash and cash equivalents 1,583 (4,232)
Net decrease in cash and cash equivalents (119,233) (330,828)
Cash and cash equivalents at beginning of period 742,099 1,245,997
Cash and cash equivalents at end of period $ 622,866 $ 915,169