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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net loss $ (33,852) $ (7,180)
Loss from discontinued operations, net of tax (9,142) (9,658)
Income (loss) from continuing operations before income tax (24,710) 2,478
Adjustments to reconcile net income (loss) from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 53,990 36,538
(Gains) losses, net on disposal of property and equipment 2,740 317
Programming assets and liabilities (10,662) 1,744
Deferred income taxes 9,933 983
Stock and deferred compensation plans 7,446 9,511
Pension expense, net of contributions (3,282) (3,921)
Other changes in certain working capital accounts, net 37,740 (28,287)
Miscellaneous, net 8,287 3,860
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 81,482 23,223
Cash Provided by (Used in) Operating Activities, Discontinued Operations (7,223) (14,065)
Net operating activities 74,259 9,158
Cash Flows from Investing Activities:    
Acquisitions, net of cash acquired 2,500 (608,273)
Acquisition of intangible assets (1,041) (24,073)
Additions to property and equipment (26,950) (29,920)
Purchase of investments (5,361) (615)
Proceeds from FCC repack 9,427 1,520
Miscellaneous, net 773 308
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (20,652) (661,053)
Cash Provided by (Used in) Investing Activities, Discontinued Operations (333) (74)
Net investing activities (20,985) (661,127)
Cash Flows from Financing Activities:    
Net borrowings under revolving credit facility 50,000 120,000
Proceeds from issuance of long-term debt 0 761,175
Payments on long-term debt (5,306) (3,413)
Deferred financing costs 0 (20,550)
Dividends paid (8,259) (8,120)
Repurchase of Class A Common shares 0 (584)
Tax payments related to shares withheld for vested stock and RSUs (2,292) (3,700)
Miscellaneous, net (21,438) (3,447)
Net cash provided by financing activities from continuing operations 12,705 841,361
Effect of foreign exchange rates on cash and cash equivalents (14) 8
Increase in cash and cash equivalents 65,965 189,400
Cash and cash equivalents:    
Beginning of year 32,968 107,114
End of period 98,933 296,514
Supplemental Cash Flow Disclosures    
Interest paid 43,918 24,439
Income taxes paid 124 11,698
Non-cash investing information    
Capital expenditures included in accounts payable $ 2,512 $ 2,042