XML 32 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash Flows from Operating Activities:    
Net income (loss) $ 42,109 $ 20,534
(Income) Loss from discontinued operations 612 (2,184)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation 74,713 70,095
Amortization (includes deferred financing costs and bond discount of $1,910 and $1,906 for the three months ended March 31, 2013 and 2014, respectively) 13,626 12,016
Stock-based compensation expense 7,141 5,710
(Benefit) Provision for deferred income taxes (22,317) (3,003)
(Gain) Loss on disposal/write-down of property, plant and equipment, net (8,307) (539)
Foreign currency transactions and other, net 693 11,185
Changes in Assets and Liabilities (exclusive of acquisitions):    
Accounts receivable (9,209) (7,610)
Prepaid expenses and other 31,441 31,712
Accounts payable (7,068) 28,232
Accrued expenses and deferred revenue (77,216) (58,501)
Other assets and long-term liabilities 9,423 (1,912)
Cash Flows from Operating Activities-Continuing Operations 55,641 105,735
Cash Flows from Operating Activities-Discontinued Operations   870
Cash Flows from Operating Activities 55,641 106,605
Cash Flows from Investing Activities:    
Capital expenditures (107,856) (95,418)
Cash paid for acquisitions, net of cash acquired (30,781) 74
Investment in restricted cash   (1)
Additions to customer relationship and acquisition costs (8,158) (4,636)
Proceeds from sales of property and equipment and other, net 17,892 (517)
Cash Flows from Investing Activities-Continuing Operations (128,903) (100,498)
Cash Flows from Investing Activities-Discontinued Operations   (10)
Cash Flows from Investing Activities (128,903) (100,508)
Cash Flows from Financing Activities:    
Repayment of revolving credit and term loan facilities and other debt (2,454,691) (355,367)
Proceeds from revolving credit and term loan facilities and other debt 2,876,047 386,506
Early retirement of senior subordinated notes (247,275)  
Debt financing (repayment to) and equity contribution from (distribution to) noncontrolling interests, net (2,317) 194
Parent cash dividends (52,735) (51,662)
Proceeds from exercise of stock options and employee stock purchase plan 2,417 5,005
Excess tax benefits (deficiency) from stock-based compensation (185) 1,705
Payment of debt financing costs (422) (469)
Cash Flows from Financing Activities-Continuing Operations 120,839 (14,088)
Cash Flows from Financing Activities 120,839 (14,088)
Effect of Exchange Rates on Cash and Cash Equivalents 1,803 (5,425)
(Decrease) Increase in Cash and Cash Equivalents 49,380 (13,416)
Cash and Cash Equivalents, Beginning of Period 120,526 243,415
Cash and Cash Equivalents, End of Period 169,906 229,999
Supplemental Information:    
Cash Paid for Interest 86,232 65,617
Cash Paid for Income Taxes 9,958 9,013
Non-Cash Investing and Financing Activities:    
Capital Leases (2,183) 20,146
Accrued Capital Expenditures 36,110 26,442
Dividends Payable $ 54,698 $ 53,823