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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 215,046 $ 487,999 $ 522,686
Adjustments to reconcile net income to operating cash flows:      
Depreciation 74,637 89,531 140,954
Amortization of intangible assets 61,870 114,959 121,290
Stock-based compensation 17,098 17,590 26,344
Loss on sale of CareerBuilder 342,900 0 0
(Benefit) Provision for deferred income taxes (296,820) 16,535 100,202
Equity (income) loss in unconsolidated investees, net (10,462) 7,170 (5,743)
Other, including losses (gains) on sale of assets and impairments 19,803 42,067 (65,496)
Changes in operating assets and liabilities:      
Decrease (increase) in trade receivables 14,541 (32,046) 32,787
Decrease (increase) in inventories 0 0 1,807
(Decrease) increase in accounts payable (21,474) (1,506) (57,643)
(Decrease) increase in interest and taxes payable (29,977) (7,771) (46,411)
(Decrease) increase in deferred revenue (3,888) (20,004) 4,822
Pension expense, net of (contributions) (13,276) 3,257 (122,376)
Spectrum channel share proceeds 32,588 0 0
Changes in other assets and liabilities, net (16,375) (34,352) (1,992)
Net cash flows from operating activities 386,211 683,429 651,231
Cash flows from investing activities      
Purchase of property and equipment (76,886) (94,796) (118,767)
Payments for acquisitions, net of cash acquired 0 (206,078) (53,656)
Payments for investments (6,405) (20,797) (33,715)
Proceeds from investments 36,468 39,954 12,402
Proceeds from sale of businesses and assets 205,188 8,441 411,012
Proceeds from insurance settlements 16,454 0 0
Net cash provided by (used for) investing activities 174,819 (273,276) 217,276
Cash flows from financing activities      
(Payments of) proceeds from borrowings under revolving credit facilities, net (635,000) (85,000) 80,000
Proceeds from Cars.com borrowings 675,000 0 0
Proceeds from borrowings 0 300,000 200,000
Debt repayments (412,246) (352,590) (587,509)
Payments of debt issuance and financing costs (6,208) (1,684) (7,619)
Dividends paid (90,170) (121,639) (167,508)
Repurchases of common stock (23,480) (161,891) (271,030)
Net settlement of stock for tax withholding and proceeds from stock option exercises (3,932) (20,352) (6,841)
Distributions to noncontrolling membership interests (22,980) (18,840) (24,783)
Cash transferred to the Cars.com business (20,133) 0 0
Deferred payments for acquisitions 0 (437) (9,136)
Cash transferred to the Gannett Co., Inc. business 0 0 (63,365)
Net cash (used for) financing activities (539,149) (462,433) (857,791)
Increase (decrease) in cash and cash equivalents 21,881 (52,280) 10,716
Cash and cash equivalents from continuing operations, beginning of year 15,879 26,096 45,183
Cash and cash equivalents from discontinued operations, beginning of year 61,041 103,104 73,301
Balance of cash and cash equivalents at beginning of year 76,920 129,200 118,484
Cash and cash equivalents from continuing operations, end of year 98,801 15,879 26,096
Cash and cash equivalents from discontinued operations, end of year 0 61,041 103,104
Balance of cash and cash equivalents at end of year 98,801 76,920 129,200
Supplemental cash flow information:      
Cash paid for income taxes, net of refunds 154,693 206,271 105,581
Cash paid for interest 200,512 225,462 265,174
Non-cash investing and financing activities      
Non-monetary exchange of investment for acquisition $ 0 $ 0 $ (34,403)