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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income $ 42,867 $ 45,644
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization and write-off of film and other inventory costs 172,568 183,295
Stock-based compensation expense 15,546 15,210
Depreciation and amortization 1,689 2,526
Revenue earned against deferred revenue and other advances (49,360) (53,499)
Deferred taxes, net 26,702 563
Changes in operating assets and liabilities:    
Trade accounts receivable 15,016 (4,383)
Receivable from Paramount 12,449 10,033
Film and other inventory costs (233,973) (223,418)
Prepaid expenses and other assets (1,374) (15,540)
Accounts payable and accrued liabilities (35,202) (9,347)
Payable to former stockholder (32,665) (5,712)
Income Taxes Receivable, net (8,739) (4,851)
Deferred revenue and other advances 71,166 35,549
Net cash used in operating activities (3,310) (23,930)
Investing activities    
Purchases of property, plant and equipment (21,347) (26,590)
Net cash used in investing activities (21,347) (26,590)
Financing Activities    
Receipts from exercise of stock options 8 8,786
Excess tax benefits from employee equity awards 24 673
Deferred financing costs (338) 0
Purchase of treasury stock (25,692) (113,266)
Net cash used in financing activities (25,998) (103,807)
Decrease in cash and cash equivalents (50,655) (154,327)
Cash and cash equivalents at beginning of period 163,819 231,245
Cash and cash equivalents at end of period 113,164 76,918
Supplemental disclosure of cash flow information:    
Cash paid during the period for income taxes, net of amounts refunded 1,384 8,891
Cash paid during the period for interest, net of amounts capitalized $ 290 $ 281