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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net (loss) income $ (213,312) $ 973,881
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 84,276 97,384
Amortization of operating lease right-of-use assets 49,475 62,788
Loss on impairment of assets 458,820 470
Loss (gain) on sales of subsidiaries and disposal of property and equipment, net 26,068 (852,348)
Loss (gain) on derivative instruments 626 (7,977)
Payments for settlement of derivative contracts (626) (8,233)
Loss on debt extinguishment 0 26,217
Non-cash interest expense 8,828 (317)
Non-cash share-based compensation expense 6,605 8,004
Bad debt expense 63,695 62,410
Deferred income taxes (226,841) 4,744
Unrealized foreign currency exchange gain (25,597) (5,246)
Non-cash loss from non-income tax contingencies 5,952 4,609
Other, net 670 (4,117)
Changes in operating assets and liabilities:    
Receivables (139,873) (221,719)
Prepaid expenses and other assets (18,166) (78,740)
Accounts payable and accrued expenses (100,296) (33,562)
Income tax receivable/payable, net (46,314) (53,183)
Deferred revenue and other liabilities 127,371 57,482
Net cash provided by operating activities 61,361 32,547
Cash flows from investing activities    
Purchase of property and equipment (49,163) (62,801)
Expenditures for deferred costs (8,335) (8,022)
Receipts from sales of discontinued operations, net of cash sold, and property and equipment 22,454 1,161,440
Settlement of derivatives related to sale of discontinued operations and net investment hedge 0 12,866
Business acquisitions, net of cash acquired 0 (1,205)
(Payments to) receipts from related parties (1) 87
Net cash (used in) provided by investing activities (35,045) 1,102,365
Cash flows from financing activities    
Proceeds from issuance of long-term debt, net of original issue discount 525,187 507,691
Payments on long-term debt (256,299) (1,877,310)
Payments of deferred purchase price for acquisitions (1,858) (12,133)
Payments to purchase noncontrolling interests 0 (5,761)
Proceeds from exercise of stock options 26,732 0
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options (1,150) (1,251)
Payments to repurchase common stock (29,203) 0
Payments of debt issuance costs 0 (5,949)
Distributions to noncontrolling interest holders 0 (1,363)
Net cash provided by (used in) financing activities 263,409 (1,396,076)
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash (23,265) 8,651
Change in cash included in current assets held for sale 22,243 64,266
Net change in Cash and cash equivalents and Restricted cash 288,703 (188,247)
Cash and cash equivalents and Restricted cash at beginning of period 526,550 583,572
Cash and cash equivalents and Restricted cash at end of period $ 815,253 $ 395,325