XML 19 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:          
Income from continuing operations $ 43,077 $ 29,722 $ 126,362 $ 118,189 $ 88,547
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:          
Depreciation and amortization 25,051 24,926 99,848 106,455 106,504
Non-cash restructuring (credit) expense     (240)   1,731
Share-based compensation expense related to equity classified awards 3,583 3,931 16,012 16,267 13,716
Amortization and write-off of program rights 67,442 54,417 278,728 219,859 184,096
Amortization of deferred carriage fees 2,184 5,993 23,962 25,213 23,646
Amortization and write-off of deferred financing costs and discounts on indebtedness 2,505 942 12,159 3,773 3,962
Loss on extinguishment of debt     14,726    
Provision for doubtful accounts 105 935 338 1,484 2,528
Deferred income taxes 18,806 18,352 69,160 80,744 61,975
Changes in assets and liabilities:          
Accounts receivable, trade 1,327 17,856 (44,750) (36,422) (27,641)
Amounts due from/to related parties, net (3,922) (12,613) (9,602) 5,049 4,004
Prepaid expenses and other assets 29,046 (892) (30,930) 17,388 (4,220)
Program rights     (495,878) (321,082) (222,111)
Deferred carriage fees     (1,923) (2,930) (585)
Program rights and obligations, net (81,028) (63,791)      
Deferred carriage fees and deferred carriage fees payable, net (148) (2,008)      
Accounts payable, accrued expenses and other liabilities (31,065) (29,334) 34,538 12,772 (1,007)
Program rights obligations     164,440 19,337 (27,840)
Deferred carriage fees payable     (1,717) (101) (3,303)
Net cash provided by operating activities 76,963 48,436 255,233 265,995 204,002
Cash flows from investing activities:          
Capital expenditures (2,838) (1,599) (15,371) (17,243) (13,419)
Payment for acquisition of a business   (135) (320) (320) (470)
Proceeds from sale of equipment, net of costs of disposal   13   406 720
Net cash used in investing activities (2,838) (1,721) (15,691) (17,157) (13,169)
Cash flows from financing activities:          
Capital contributions from Cablevision   20,813 20,813 204,018 682
Capital distributions to Cablevision     (20,813) (53,754) (10,122)
Repayment of credit facility debt (51,488) (62,500) (877,975) (105,000) (120,000)
Redemption of senior notes     (300,000)    
Redemption of senior subordinated notes, including tender premium and fees     (338,365)    
Payments for financing costs (40)   (27,414)    
Proceeds from credit facility debt     1,442,364    
Purchase of treasury stock (15,937)   (1,677)    
Proceeds from stock option exercises 1,828   3,622    
Repayment of note payable to related party       (190,000)  
Principal payments on capital lease obligations (290) (1,093) (4,612) (4,080) (3,034)
Net cash used in financing activities (65,927) (42,780) (104,057) (148,816) (132,474)
Net increase in cash and cash equivalents from continuing operations 8,198 3,935 135,485 100,022 58,359
Cash flows from discontinued operations:          
Net cash provided by operating activities 148 178 (359) (30,870) (48,967)
Net cash provided by (used in) investing activities       750 (10,183) (4,753)
Net cash provided by (used in) financing activities            
Effect of change in cash related to net assets distributed to Cablevision       (8,837) (291)
Net increase in cash and cash equivalents from discontinued operations 148 178 391 (49,890) (54,011)
Cash and cash equivalents at beginning of period 215,836 79,960 79,960 29,828 25,480
Cash and cash equivalents at end of period $ 224,182 $ 84,073 $ 215,836 $ 79,960 $ 29,828