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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 118,026 $ 71,580
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation of property and equipment 74,972 47,108
Amortization of definite-lived intangible and other assets 84,195 48,727
Amortization of program contract costs and net realizable value adjustments 76,137 56,746
Loss on extinguishment of debt   16,283
Stock-based compensation 11,433 8,321
Deferred tax benefit (23,214) (1,486)
Change in assets and liabilities, net of acquisitions:    
Decrease (increase) in accounts receivable, net 17,376 (37,359)
Increase in prepaid expenses and other current assets (13,570) (3,925)
Increase in accounts payable and accrued liabilities 76,381 28,024
Increase (decrease) in income taxes payable 21,569 (1,182)
Payments on program contracts payable (69,505) (67,407)
Original debt issuance discount paid   (10,285)
Other, net (15,403) (4,506)
Net cash flows from operating activities 358,397 150,639
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Acquisition of property and equipment (58,151) (28,776)
Payments for acquisition of television stations (1,071,428) (495,440)
Payments for acquisition of assets in other operating divisions (8,273) (4,650)
Purchase of alarm monitoring contracts (15,647) (11,928)
Proceeds from the sale of broadcast assets 83,200 27,992
Increase in restricted cash (92,583) (41,032)
Investments in equity and cost method investees (7,958) (10,205)
Proceeds from termination of life insurance policies 17,042  
Other, net 6,936 7,297
Net cash flows used in investing activities (1,146,862) (556,742)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Proceeds from notes payable, commercial bank financing and capital leases 1,061,490 1,198,815
Repayments of notes payable, commercial bank financing and capital leases (286,417) (998,085)
Proceeds from the sale of Class A Common Stock   472,400
Repurchase of outstanding Class A Common Stock (108,438)  
Dividends paid on Class A and Class B Common Stock (45,322) (41,938)
Payments for deferred financing costs (15,010) (20,205)
Proceeds from Class A Common Stock sold by variable interest entity   10,908
Noncontrolling interests distributions (4,294) (9,939)
Other, net 5,702 276
Net cash flows from financing activities 607,711 612,232
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (180,754) 206,129
CASH AND CASH EQUIVALENTS, beginning of period 280,104 22,865
CASH AND CASH EQUIVALENTS, end of period $ 99,350 $ 228,994