XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net earnings (loss) $ (503,161) $ 482,255
Adjustments to reconcile net earnings (loss) to net cash from operating activities:    
Depreciation and amortization 80,409 1,575
Stock-based compensation expense 13,165 6,599
Share of (earnings) losses of affiliates, net (7,858) (3,323)
Realized and unrealized (gains) losses on financial instruments, net 559,405 (798,001)
Deferred income tax expense (benefit) (95,882) 296,846
Intergroup tax payments 0 155,480
Other, net 3,377 539
Change in operating assets and liabilities:    
Current and other assets (38,681) 1,150
Payables and other liabilities (22,622) 2,301
Net cash provided (used) by operating activities (11,848) 145,421
Cash flows from investing activities:    
GCI Holdings cash and restricted cash acquired in consolidation 147,958 0
Capital expended for property and equipment (40,303) (1,751)
Purchases of investments 0 (76,815)
Sales of investments 0 1,606
Net cash provided (used) by investing activities 107,655 (76,960)
Cash flows from financing activities:    
Borrowings of debt 1,000,000 0
Repayment of debt, capital lease, and tower obligations (9,971) 0
Distribution to non-controlling interests (3,273) 0
Other financing activities, net (2,576) (325)
Net cash provided (used) by financing activities (543,160) (70,949)
Net increase (decrease) in cash, cash equivalents and restricted cash (447,353) (2,488)
Cash, cash equivalents and restricted cash at beginning of period 574,148 488,127
Cash, cash equivalents and restricted cash at end of period 126,795 485,639
Member    
Cash flows from financing activities:    
Contributions from (distributions to) (447,950) 0
Qurate Retail    
Cash flows from financing activities:    
Contributions from (distributions to) $ (1,079,390) $ (70,624)