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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 202,141 $ 278,539
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization (including impairments) 435,349 434,857
Loss (gain) on derivative contracts, net (101,074) 53,565
Amortization of deferred financing costs and discounts (premiums) on indebtedness 20,342 23,039
Share-based compensation expense 40,532 28,281
Deferred income taxes (16,149) 29,165
Provision for doubtful accounts 14,737 11,133
Other (287) 1,074
Change in assets and liabilities, net of effects of acquisitions and dispositions:    
Accounts receivable, trade 9,112 55,293
Prepaid expenses and other assets (19,462) (26,321)
Amounts due from and due to affiliates (8,992) 4,627
Accounts payable and accrued liabilities (13,477) (29,696)
Deferred revenue 14,613 38,501
Liabilities related to interest rate swap contracts (138,894) (89,798)
Net cash provided by operating activities 600,219 749,622
Cash flows from investing activities:    
Capital expenditures (392,371) (212,791)
Other, net 888 2,143
Net cash used in investing activities (391,483) (210,648)
Cash flows from financing activities:    
Proceeds from long-term debt 150,000 150,000
Repayment of long-term debt (329,688) (225,863)
Proceeds from collateralized indebtedness and related derivative contracts, net 0 185,105
Repayment of collateralized indebtedness and related derivative contracts, net 0 (185,105)
Principal payments on finance lease obligations (28,941) (18,330)
Purchase of shares of Altice USA Class A common stock, pursuant to a share repurchase program 0 (503,645)
Other 0 393
Net cash used in financing activities (208,629) (597,445)
Net increase (decrease) in cash and cash equivalents 107 (58,471)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (170) 620
Net decrease in cash and cash equivalents (63) (57,851)
Cash, cash equivalents and restricted cash at beginning of year 195,975 278,686
Cash, cash equivalents and restricted cash at end of period 195,912 220,835
Operating Lease, Right-of-Use Asset, Amortization Expense 10,955 10,816
Loss (gain) on investments, net $ 150,773 $ (73,453)