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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities:    
Net income $ 37,352 $ 48,443
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 126,742 126,734
Equity in losses (earnings) of unconsolidated affiliates, net (5,249) 963
Gain and impairment on investments, net (8,737) (2,462)
Stock-based compensation 956 4,384
Deferred tax provision 343 25,684
Dividends received from unconsolidated entity 7,500 0
Changes in current assets and current liabilities, net (13,857) (18,184)
Changes in noncurrent assets and noncurrent liabilities, net (6,003) 3,388
Other, net 2,308 3,899
Net cash flows from operating activities 141,355 192,849
Cash Flows from Investing Activities:    
Purchases of marketable investment securities (45,905) (321,892)
Sales and maturities of marketable investment securities 205,296 323,889
Expenditures for property and equipment (102,463) (235,223)
Refunds and other receipts related to capital expenditures 0 24,087
Changes in restricted cash and marketable investment securities 4,583 (662)
Sale of investment in unconsolidated entity 17,781 0
Expenditures for externally marketed software (10,832) (5,959)
Other, net 0 1,460
Net cash flows from investing activities 68,460 (214,300)
Cash Flows from Financing Activities:    
Repayment of debt and capital lease obligations (8,736) (10,542)
Net proceeds from Class A common stock options exercised 26,325 2,315
Net proceeds from Class A common stock issued under the Employee Stock Purchase Plan 2,409 4,020
Cash exchanged for Tracking Stock (651) 0
Other, net (1,475) (302)
Net cash flows from financing activities 17,872 (4,509)
Effect of exchange rates on cash and cash equivalents 715 536
Net increase (decrease) in cash and cash equivalents 228,402 (25,424)
Cash and cash equivalents, beginning of period 2,571,143 924,240
Cash and cash equivalents, end of period 2,799,545 898,816
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest (including capitalized interest) 54,053 10,476
Capitalized interest 21,824 22,021
Cash paid for income taxes 1,035 2,586
Employee benefits paid in Class A common stock 11,199 11,126
Property and equipment financed under capital lease obligations 7,485 2,351
Increase (decrease) in capital expenditures included in accounts payable, net (6,315) 3,670
Capitalized in-orbit incentive obligations 31,000 0
Noncash net assets exchanged for Tracking Stock $ 299,425 $ 0