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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 99,418 $ 112,587
Adjustments to reconcile net income (loss) to cash flows provided by (used for) operating activities:    
Depreciation and amortization 236,991 248,268
Impairment of long-lived assets 711 245
Losses (gains) on investments, net (58,148) (109,233)
Equity in losses (earnings) of unconsolidated affiliates, net 3,015 2,670
Foreign currency transaction losses (gains), net (2,752) 3,404
Deferred tax provision (benefit), net 24,412 34,024
Stock-based compensation 5,047 3,825
Amortization of debt issuance costs 386 2,008
Other, net 27,397 6,198
Changes in assets and liabilities, net:    
Trade accounts receivable and contract assets, net (39,271) (3,363)
Other current assets, net (6,113) (1,120)
Trade accounts payable 1,793 (9,631)
Contract liabilities (6,487) 23,251
Accrued expenses and other current liabilities (10,119) 621
Non-current assets and non-current liabilities, net (24,648) (5,114)
Net cash provided by (used for) operating activities 251,632 308,640
Cash flows from investing activities:    
Purchases of marketable investment securities (183,529) (939,255)
Sales and maturities of marketable investment securities 669,600 1,824,332
Expenditures for property and equipment (187,917) (262,466)
Expenditures for externally marketed software (11,967) (16,835)
India JV formation (7,892) 0
Dividend received from unconsolidated affiliate 2,000 0
Purchase of other investments 0 (50,000)
Sales of other investments 0 10,516
Net cash provided by (used for) investing activities 280,295 566,292
Cash flows from financing activities:    
Repurchase and maturity of the 2021 Senior Unsecured Notes 0 (901,818)
Payment of finance lease obligations (114) (476)
Payment of in-orbit incentive obligations (1,908) (1,431)
Proceeds from Class A common stock issued under the Employee Stock Purchase Plan 5,046 4,815
Treasury share repurchase (77,095) (163,822)
Contribution by non-controlling interest holder 0 9,880
Other, net 0 (966)
Net cash provided by (used for) financing activities (74,071) (1,053,818)
Effect of exchange rates on cash and cash equivalents (728) (443)
Net increase (decrease) in cash and cash equivalents 457,128 (179,329)
Cash and cash equivalents, including restricted amounts, beginning of period 536,874 896,812
Cash and cash equivalents, including restricted amounts, end of period $ 994,002 $ 717,483