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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 71,235 $ 69,258
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation of property and equipment 50,462 49,630
Amortization of definite-lived intangible and other assets 79,425 49,717
Amortization of program contract costs and net realizable value adjustments 60,173 47,515
Stock-based compensation expense 11,577 8,430
Deferred tax benefit (17,368) (10,569)
Change in assets and liabilities, net of acquisitions:    
Decrease in accounts receivable 3,433 7,162
Increase in prepaid expenses and other current assets (18,755) (11,643)
Decrease in accounts payable and accrued liabilities (27,139) (331)
Increase in income taxes payable 17,705 16,995
Payments on program contracts payable (55,676) (47,381)
Real estate held for development and sale (4,389) (6,052)
Other, net 7,333 7,253
Net cash flows from operating activities 178,016 179,984
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (47,062) (26,587)
Payments for acquisition of assets in other operating divisions 0 (8,273)
Purchase of alarm monitoring contracts (16,673) (7,835)
Distributions from equity and cost method investees 8,168 1,522
Investments in equity and cost method investees (37,809) (6,167)
Proceeds from termination of life insurance policies 0 17,042
Other, net 3,483 (1,008)
Net cash flows used in investing activities (89,893) (31,306)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable, commercial bank financing and capital leases 364,853 102,724
Repayments of notes payable, commercial bank financing and capital leases (360,480) (21,114)
Dividends paid on Class A and Class B Common Stock (31,464) (29,284)
Repurchase of outstanding Class A Common Stock (7,803) (82,371)
Noncontrolling interests distributions (2,464) (3,953)
Other, net (3,868) 762
Net cash flows used in financing activities (41,226) (33,236)
NET INCREASE IN CASH AND CASH EQUIVALENTS 46,897 115,442
CASH AND CASH EQUIVALENTS, beginning of period 17,682 280,104
CASH AND CASH EQUIVALENTS, end of period $ 64,579 $ 395,546