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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Operating Activities              
Net Income $ 63,650 $ 113,204 $ 84,438 $ 141,183 $ 176,854 $ 225,621  
Adjustments to reconcile net income to net cash provided by operating activities:              
Stock-based compensation 6,000   5,000   10,920 10,511  
Pension credit and contributions         (8,661) (38,027)  
Depreciation 13,867   13,281   26,819 27,056  
Amortization of other intangible assets         70,039 83,368  
Income on equity investments, net (46,527)   (52,568)   (92,212) (91,705)  
Distributions from equity investments         181,461 158,926  
Amortization of debt issuance costs and original issue discount         3,688 3,718  
Gain on sales of spectrum (Note 8) 0   0   0 (133,197)  
Gain on investment transactions         (86,272) (3,888)  
Spectrum repack reimbursements         (5,947) (1,698)  
Other non-operating loss (gain), net         846 (91)  
Changes in working capital items:              
Accounts receivable, net         (4,910) 12,917  
Prepaid expenses and other current assets         (8,327) (16,825)  
Accounts payable         1,267 (1,857)  
Employee compensation and benefits, accrued expenses and other current liabilities         (21,461) (13,993)  
Deferred revenue         1,359 2,801  
Income taxes         51,853 7,271  
Change in broadcast rights, net of liabilities         (31,253) (28,612)  
Deferred income taxes         (56,631) 17,405  
Other, net         831 1,240  
Net cash provided by operating activities         210,263 220,941  
Investing Activities              
Capital expenditures (17,229)   (11,274)   (30,607) (24,947)  
Spectrum repack reimbursements         5,947 1,698  
Proceeds from the sales of investments         107,547 3,890  
Other, net         (919) 1,615  
Net cash provided by (used in) investing activities         81,968 (17,744)  
Financing Activities              
Payments of dividends         (44,175) (43,847)  
Tax withholdings related to net share settlements of share-based awards         (8,630) (5,723)  
Proceeds from stock option exercises         11,396 581  
Contribution from/(distributions to) noncontrolling interests         245 (2)  
Net cash used in financing activities         (41,164) (48,991)  
Net Increase in Cash, Cash Equivalents and Restricted Cash         251,067 154,206  
Cash, cash equivalents and restricted cash, beginning of period   $ 1,079,648   $ 691,251 1,079,648 691,251 $ 691,251
Cash, cash equivalents and restricted cash, end of period 1,330,715   845,457   1,330,715 845,457 1,079,648
Cash, Cash Equivalents and Restricted Cash are Comprised of:              
Cash and cash equivalents 1,314,108   828,850   1,314,108 828,850 1,063,041
Restricted cash and cash equivalents 16,607   16,607   16,607 16,607 16,607
Cash, cash equivalents and restricted cash, end of period $ 1,330,715   $ 845,457   1,330,715 845,457 $ 1,079,648
Supplemental Schedule of Cash Flow Information              
Interest         83,075 79,027  
Income taxes, net         $ 65,347 $ 64,294