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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net (loss) income $ (164,943) $ 98,316
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,672 44,161
Amortization of operating lease right-of-use assets 15,688 23,257
Loss on impairment of assets 57,714 3,768
Loss on sales and disposal of subsidiaries and property and equipment, net 16,461 21,175
Gain on derivative instruments (29,330) (802)
Loss on debt extinguishment 73 0
Non-cash interest expense 4,592 5,091
Non-cash share-based compensation expense 1,576 1,984
Bad debt expense 3,273 22,912
Deferred income taxes 84,409 (248,701)
Unrealized foreign currency exchange gain (23,687) (29,720)
Non-cash loss from non-income tax contingencies 11,995 6,514
Other, net 1,909 3,982
Changes in operating assets and liabilities:    
Receivables 5,111 (173,760)
Prepaid expenses and other assets (14,133) (32,084)
Accounts payable and accrued expenses (30,733) (64,924)
Income tax receivable/payable, net (16,731) 2,709
Deferred revenue and other liabilities 65,367 312,593
Net cash provided by (used in) operating activities 11,283 (3,529)
Cash flows from investing activities    
Purchase of property and equipment (11,743) (24,582)
Expenditures for deferred costs (1,896) (3,500)
Receipts from sales of discontinued operations, net of cash sold, and property and equipment 30,845 4,032
Payments on derivatives related to sale of discontinued operations (18,294) 0
Receipts from related parties 0 87
Net cash used in investing activities (1,088) (23,963)
Cash flows from financing activities    
Proceeds from issuance of long-term debt, net of original issue discount 996 499,479
Payments on long-term debt (53,670) (226,505)
Payments of deferred purchase price for acquisitions 0 (1,488)
Proceeds from exercise of stock options 0 26,754
Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options (1,222) (1,140)
Payments to repurchase common stock (145,244) (29,203)
Payments of debt issuance costs (14) 0
Net cash (used in) provided by financing activities (199,154) 267,897
Effects of exchange rate changes on Cash and cash equivalents and Restricted cash (6,850) (7,706)
Change in cash included in current assets held for sale (3,526) 10,092
Net change in Cash and cash equivalents and Restricted cash (199,335) 242,791
Cash and cash equivalents and Restricted cash at beginning of period 867,298 97,817
Cash and cash equivalents and Restricted cash at end of period $ 667,963 $ 340,608