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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 70,703 $ 25,629
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation of property and equipment 23,981 24,035
Amortization of definite-lived intangible and other assets 45,554 43,765
Amortization of program contract costs and net realizable value adjustments 31,019 33,460
Loss on extinguishment of debt, non-cash portion (1,404) 0
Stock-based compensation expense 7,571 6,328
Deferred tax benefit (4,269) (957)
Change in assets and liabilities, net of acquisitions:    
Decrease in accounts receivable 1,543 26,918
Increase in prepaid expenses and other current assets (5,539) (18,933)
(Decrease) increase in accounts payable and accrued liabilities (58,945) 10,932
Net change in net income taxes payable/receivable 32,513 9,854
Payments on program contracts payable (28,600) (28,615)
Gain on asset dispositions (53,347) (2,660)
Other, net 6,054 4,259
Net cash flows from operating activities 69,642 134,015
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (20,774) (25,851)
Acquisition of businesses, net of cash acquired (8,000) (384,659)
Purchase of alarm monitoring contracts (5,682) (7,017)
Proceeds from sale of non-media business 192,149 0
Investments in equity and cost method investees (3,080) (19,874)
Loans to affiliates 0 (19,500)
Other, net 546 2,265
Net cash flows from (used in) investing activities 155,159 (454,636)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable and commercial bank financing 163,089 598,850
Repayments of notes payable, commercial bank financing and capital leases (284,422) (261,230)
Proceeds from the sale of Class A Common Stock 487,883 0
Dividends paid on Class A and Class B Common Stock (16,257) (15,675)
Distributions to noncontrolling interests (15,708) (2,513)
Other, net (3,670) (7,259)
Net cash flows from financing activities 330,915 312,173
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS 555,716 (8,448)
CASH AND CASH EQUIVALENTS, beginning of period 259,984 149,972
CASH AND CASH EQUIVALENTS, end of period $ 815,700 $ 141,524