XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 7.3 $ 2.8
Adjustments to reconcile net income to net cash provided by operating activities:    
Total adjustments to EBITDA 24.5 27.0
Game software development amortization 4.4 3.7
Acquisition expenses, net 0.2 2.7
Distributed earnings from equity investments 4.3 4.0
Earnings from equity investments, net (6.1) (3.8)
Stock-based compensation 4.9 4.1
Big Fish Games earnout payment (2.5) (19.7)
Other 0.3 0.7
Increase (decrease) in cash resulting from changes in operating assets and liabilities, net of business acquisitions and dispositions:    
Other current assets and liabilities (5.2) 0.3
Increase (Decrease) in Software Development 5.3 4.2
Income taxes 6.6 (5.7)
Deferred revenue 42.4 53.9
Other assets and liabilities (1.2) 0.8
Net cash provided by operating activities 74.6 66.6
Cash flows from investing activities:    
Capital maintenance expenditures (10.2) (7.9)
Payments to Acquire Productive Assets (27.3) (8.5)
(Increase) Decrease in Escrow Receivable 10.1 0.0
Proceeds from sale of equity investment 0.0 1.4
Net cash used in investing activities (51.4) (15.0)
Payments to Acquire Interest in Joint Venture (24.0) 0.0
Cash flows from financing activities:    
Borrowings on bank line of credit 239.1 292.1
Repayments of bank line of credit (192.7) (87.0)
Earnout Payment, Financing Activity (31.7) (261.9)
Payment of dividends (21.8) (19.1)
Repurchase of common stock (8.6) (0.8)
Common stock issued 0.1 0.0
Loan origination fees and debt issuance costs   (1.4)
Other (1.4) 3.0
Net cash used in financing activities (17.0) (75.1)
Net increase (decrease) in cash and cash equivalents 6.2 (23.5)
Effect of exchange rate changes on cash 0.0 0.1
Cash and cash equivalents, beginning of period 48.7  
Cash and cash equivalents, end of period 54.9  
Cash paid during the period for:    
Interest 2.6 1.1
Income taxes 0.3 2.2
Schedule of non-cash investing and financing activities:    
Issuance of common stock in connection with the Company's restricted stock plans 18.2 16.6
Repurchase of Common Stock, Payment of Income Taxes For Stock Based Compensation $ 0.0 $ 4.0