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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 286,235 $ 405,665 $ 215,046
Adjustments to reconcile net income to net cash flow from operating activities:      
Depreciation 60,525 55,949 74,637
Amortization of intangible assets 50,104 30,838 61,870
Stock-based compensation 20,146 12,531 17,098
Company stock 401(k) contribution 9,558 0 0
Loss on sale of CareerBuilder 0 0 342,900
(Gains) losses on assets (7,402) (4,991) 19,803
Provision (benefit) for deferred income taxes 22,064 17,258 (296,820)
Equity income in unconsolidated investees, net (10,149) (13,792) (10,462)
Changes in operating assets and liabilities, net of acquisitions:      
(Increase) decrease in trade receivables (86,245) (5,351) 14,541
Increase (decrease) in accounts payable (29,526) 29,357 (21,474)
Increase (decrease) in interest and taxes payable (8,284) 22,895 (29,977)
Increase (decrease) in deferred revenue 1,007 898 (3,888)
Pension contributions, net of expense (19,447) (42,015) (13,276)
Spectrum channel share proceeds 0 0 32,588
Changes in other assets and liabilities, net 8,887 17,967 (13,157)
Net cash flows from operating activities 297,473 527,209 389,429
Cash flows from investing activities:      
Purchase of property and equipment (88,356) (65,230) (76,886)
Reimbursement from spectrum repacking 16,974 7,400 0
Payments for acquisitions of businesses, net of cash acquired (1,514,183) (328,433) 0
Payments for investments (4,986) (11,677) (6,405)
Proceeds from investments 4,698 7,189 37,880
Proceeds from sale of businesses and assets 22,383 16,335 205,188
Proceeds from insurance settlements 0 0 16,454
Net cash (used for) provided by investing activities (1,563,470) (374,416) 176,231
Cash flows from by financing activities:      
Proceeds from (payments of) borrowings under revolving credit facilities, net 853,000 50,000  
Proceeds from (payments of) borrowings under revolving credit facilities, net     (635,000)
Proceeds from Cars.com borrowings 0 0 675,000
Proceeds from borrowings 1,100,000 0 0
Debt repayments (710,000) (121,146) (412,246)
Payments for debt issuance and premiums for early redemption costs (22,018) (5,269) (9,795)
Dividends paid (60,624) (60,290) (90,170)
Repurchases of common stock 0 (5,831) (23,480)
Net settlement of stock for tax withholding and proceeds from stock option exercises (819) (2,436) (3,932)
Distributions to noncontrolling membership interests 0 0 (22,980)
Cash transferred to the Cars.com business 0 0 (20,133)
Net cash provided by (used for) financing activities 1,159,539 (144,972) (542,736)
(Decrease) increase in cash, cash equivalents and restricted cash (106,458) 7,821 22,924
Cash, cash equivalents and restricted cash from continuing operations, beginning of year 135,862 128,041 44,076
Cash, cash equivalents and restricted cash from discontinued operations, beginning of year 0 0 61,041
Balance of cash, cash equivalents and restricted cash at beginning of year 135,862 128,041 105,117
Balance of cash, cash equivalents and restricted cash at end of year $ 29,404 $ 135,862 $ 128,041