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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net income $ 22,365 $ 5,567
Income from discontinued operations, net of tax 0 2,064
Income from continuing operations, net of tax 22,365 3,503
Adjustments to reconcile net income from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 39,745 39,507
Losses (gains), net on disposal of property and equipment 2,481 80
Gain on extinguishment of debt (1,234) 0
Gain on sale of Triton business 0 (81,784)
Losses on stock warrant 0 67,244
Programming assets and liabilities (13,970) (37,042)
Restructuring impairment charges 0 7,050
Deferred income taxes 11,906 6,951
Stock and deferred compensation plans 10,481 11,092
Pension contributions, net of income/expense (930) (5,987)
Other changes in certain working capital accounts, net (33,761) 41,045
Miscellaneous, net 296 (1,565)
Net cash provided by operating activities from continuing operations 37,379 50,094
Net cash provided by (used in) operating activities from discontinued operations 0 0
Net operating activities 37,379 50,094
Cash Flows from Investing Activities:    
Acquisitions, net of cash acquired (13,797) (2,679,798)
Proceeds from sale of Triton Digital, net of cash disposed 0 224,990
Acquisition of intangible assets 0 (430)
Additions to property and equipment (12,685) (4,139)
Purchase of investments (5,117) (1,263)
Proceeds from FCC repack 1,201 5,345
Miscellaneous, net (2,456) 12
Net cash used in investing activities from continuing operations (32,854) (2,455,283)
Net cash provided by (used in) investing activities from discontinued operations 0 0
Net investing activities (32,854) (2,455,283)
Cash Flows from Financing Activities:    
Net borrowings under revolving credit facility 75,000 0
Proceeds from issuance of long-term debt 0 800,000
Proceeds from issuance of preferred stock 0 600,000
Payments on long-term debt (124,197) (4,653)
Payments on financing costs 0 (50,597)
Payments for capitalized preferred stock issuance costs 0 (11,526)
Dividends paid on common and preferred stock (12,000) (9,067)
Tax payments related to shares withheld for vested stock and RSUs (8,341) (6,369)
Miscellaneous, net (441) (415)
Net cash provided by (used in) financing activities from continuing operations (69,979) 1,317,373
Effect of foreign exchange rates on cash, cash equivalents and restricted cash 0 (20)
Decrease in cash, cash equivalents and restricted cash (65,454) (1,087,836)
Cash, cash equivalents and restricted cash:    
Beginning of year 100,480 1,626,021
End of period 35,026 538,185
Supplemental Cash Flow Disclosures    
Interest paid 52,668 29,354
Income taxes paid (refunded) (431) (547)
Non-cash investing information    
Capital expenditures included in accounts payable $ 4,047 $ 5,764