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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net income $ 26,439,000 $ 24,314,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 34,237,000 26,906,000
Amortization of Intangible Assets 12,365,000 8,715,000
Amortization of deferred loan costs 3,664,000 2,396,000
Amortization of original issue discount and premium related to long-term debt, net (626,000) (647,000)
Amortization of restricted stock and stock option awards 3,827,000 3,011,000
Amortization of program broadcast rights 14,026,000 10,837,000
Payments on program broadcast obligations (13,859,000) (10,558,000)
Common stock contributed to 401(k) plan 21,000 19,000
Deferred income taxes 18,335,000 16,040,000
(Gain) loss on disposals of assets, net (66,000) 562,000
Loss from early extinguishment of debt 31,987,000
Other 659,000 48,000
Changes in operating assets and liabilities:    
Accounts receivable (8,677,000) (4,120,000)
Other current assets (12,234,000) (1,841,000)
Accounts payable 728,000 (233,000)
Other current liabilities (10,419,000) (481,000)
Income taxes payable 719,000
Accrued interest 841,000 7,750,000
Net cash provided by operating activities 101,967,000 82,718,000
Investing activities    
Acquisitions of television businesses and broadcast licenses (432,220,000) (184,346,000)
Proceeds from Divestiture of Businesses 11,200,000 0
Purchases of property and equipment (33,238,000) (15,250,000)
Proceeds from asset sales 1,925,000 111,000
Acquisition prepayment and other (17,171,000) (150,000)
Net cash used in investing activities (469,504,000) (199,635,000)
Financing activities    
Proceeds from borrowings on long-term debt 1,656,000,000 0
Repayments of borrowings on long-term debt (1,100,000,000) 0
Tender and redemption premiums for 2020 Notes (27,502,000)
Proceeds from issuance of common stock 0 167,313,000
Deferred and other loan costs (27,881,000) 4,000
Net cash provided by financing activities 500,617,000 167,317,000
Net increase in cash 133,080,000 50,400,000
Cash at beginning of period 97,318,000 30,769,000
Cash at end of period $ 230,398,000 $ 81,169,000