| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income (loss) | ||||||||
-698,044 | -107,559 | -91,244 | -83,384 | -37,752 | -21,471 | -29,349 | - | - |
Net income (loss) | ||||||||
- | - | - | - | - | - | - | 19,888 | -47,394 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||||
0 | 92 | 0 | 2,852 | -304 | 129 | -4,348 | 48,789 | -13,893 |
Amortization of Intangible Assets | ||||||||
211,639 | 236,788 | 246,753 | 258,668 | 253,403 | 208,760 | 163,468 | 159,619 | 5,980 |
Depreciation | ||||||||
11,457 | 8,844 | 8,435 | 10,444 | 10,145 | 8,941 | 8,404 | 7,052 | 3,067 |
Stock-based and long-term incentive compensation | ||||||||
1,451 | 7,431 | 6,984 | 7,343 | 7,164 | 8,174 | 5,298 | 4,732 | 3,148 |
Deferred income tax expense | ||||||||
-14,094 | -4,474 | 4,201 | 4,138 | -192 | 203 | 436 | 169 | 747 |
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ||||||||
0 | 21,217 | 0 | 1,156 | 71 | 5,473 | 8,670 | -565 | 2,768 |
Payments for legal settlements, net of related (insurance recovery) | ||||||||
2,750 | - | - | - | - | - | - | - | - |
Non-cash legal settlement reserve (related insurance recovery) | ||||||||
- | 23,000 | 0 | 0 | - | - | - | - | - |
Amortization of debt discount and deferred debt costs | ||||||||
41,430 | 11,111 | 10,670 | 10,357 | 9,023 | 5,851 | - | - | - |
Refinancing expense, net of gain on extinguishment | ||||||||
- | - | - | 3,725 | 0 | 0 | - | - | - |
Other-than-temporary impairment of marketable securities | ||||||||
- | - | - | 6,389 | 0 | 0 | - | - | - |
Amortization of debt discount and deferred debt costs | ||||||||
- | - | - | - | - | - | 4,473 | 16,985 | 780 |
Unrealized Gain (Loss) on Derivatives | ||||||||
-3,151 | 0 | 0 | - | - | - | 6,793 | 28,044 | -1,682 |
Refinancing expense | ||||||||
13,356 | 0 | 9,500 | - | - | - | 6,245 | - | - |
Bad debt expense | ||||||||
12,300 | 11,014 | 10,785 | 9,735 | 8,149 | - | - | - | - |
Loss on goodwill impairment | ||||||||
563,549 | 0 | 0 | - | - | - | - | - | - |
Loss on pension plan settlements | ||||||||
- | - | - | - | - | - | -6,571 | - | - |
Impairment of assets held for sale | ||||||||
- | - | - | - | - | - | 1,692 | - | - |
Other non-cash activity, net | ||||||||
2,199 | 4,057 | 3,210 | -4,426 | -196 | -7,479 | -9,066 | -6,428 | 1,874 |
Changes in assets and liabilities: | ||||||||
Trade receivables | ||||||||
12,776 | 9,790 | 11,032 | 9,378 | 8,926 | 8,165 | 5,778 | 5,365 | -1,806 |
Prepaid expenses and other assets | ||||||||
14,576 | 1,669 | -325 | 3,857 | -62 | -8,638 | 3,579 | -225 | -4,368 |
Subscriber accounts - deferred contract acquisition costs | ||||||||
5,418 | 3,064 | 2,947 | 1,773 | 0 | 0 | - | - | - |
Payables and other liabilities | ||||||||
-15,545 | -6,361 | -317 | -4,096 | -5,862 | -525 | 3,930 | -3,785 | 12,388 |
Operating activities from discontinued operations, net | ||||||||
0 | -3,408 | 0 | -49 | -1,039 | -50 | -12,972 | 1,558 | 54,477 |
Net cash provided by operating activities | ||||||||
92,931 | 136,497 | 188,903 | 208,680 | 234,604 | 212,233 | 146,790 | 131,238 | 50,300 |
Cash flows from investing activities: | ||||||||
Capital expenditures | ||||||||
14,903 | 14,393 | 9,180 | 12,431 | 7,769 | 9,939 | 6,076 | 4,242 | 139 |
Cost of subscriber accounts acquired | ||||||||
140,450 | 142,909 | 201,381 | 266,558 | 268,160 | 234,914 | 304,665 | 162,714 | 4,214 |
Cash paid for acquisition, net of cash acquired | ||||||||
- | - | - | 56,778 | 0 | 478,738 | 0 | - | 388,401 |
Purchases of marketable securities | ||||||||
- | - | - | - | 4,603 | 21,770 | 99,667 | 40,253 | 41,757 |
Purchases of marketable securities | ||||||||
39,022 | 26,634 | 5,036 | 26,934 | - | - | - | - | - |
Proceeds from sale of marketable securities | ||||||||
143,316 | 1,108 | 15,184 | 57,291 | 7,842 | 33,415 | 0 | - | - |
Proceeds from sales of marketable securities | ||||||||
- | - | - | - | - | - | - | - | 96,685 |
Decrease (increase) in restricted cash | ||||||||
- | - | - | 37 | -22 | -2,600 | -55,963 | -4,719 | 13,318 |
Proceeds from the sale of discontinued operations | ||||||||
- | - | - | - | - | - | - | 99,488 | 92,121 |
Proceeds from disposal of operating assets | ||||||||
0 | 32,612 | 0 | 20,175 | 241 | 12,886 | 17,280 | - | 6,201 |
Other investing activities | ||||||||
- | - | - | - | 436 | 100 | 0 | - | -54 |
Investing activities from discontinued operations, net | ||||||||
- | - | - | - | - | - | - | -3,196 | -37,553 |
Net cash used in investing activities | ||||||||
-51,059 | -150,216 | -200,413 | -285,272 | -272,863 | -696,560 | -337,165 | -106,198 | -290,321 |
Cash flows from financing activities: | ||||||||
Proceeds from long-term debt | ||||||||
248,800 | 187,950 | 1,280,700 | 778,000 | 169,000 | 639,075 | 1,277,900 | 78,800 | 110,300 |
Repayments of Long-term Debt | ||||||||
184,100 | 175,250 | 1,238,059 | 671,183 | 127,166 | 138,048 | 1,133,387 | 59,800 | 9,000 |
Payments of refinancing costs | ||||||||
10,739 | 0 | 16,946 | 6,477 | 0 | 11,136 | 46,721 | - | 2,388 |
Stock option exercises | ||||||||
- | - | - | - | 804 | 171 | 327 | 1,291 | - |
Value of shares withheld for share-based compensation | ||||||||
188 | 835 | 358 | 795 | 734 | - | - | - | - |
Purchases and retirement of common stock | ||||||||
0 | 0 | 7,140 | 29,988 | 35,734 | 33,436 | 12,880 | 11,488 | - |
Bond hedge and warrant transactions, net | ||||||||
- | - | - | - | - | 6,107 | 0 | - | - |
Other financing activities | ||||||||
- | - | - | - | - | 87 | 0 | - | 2 |
Financing activities from discontinued operations, net | ||||||||
- | - | - | - | - | - | - | -142 | -1,950 |
Net cash provided by (used in) financing activities | ||||||||
53,773 | 11,865 | 18,197 | 69,557 | 6,170 | 450,606 | 85,239 | 8,661 | 96,964 |
Net decrease in cash, cash equivalents and restricted cash | ||||||||
95,645 | -1,854 | 6,687 | - | - | - | - | - | - |
Net increase in cash and cash equivalents | ||||||||
- | - | - | -7,035 | -32,089 | -33,721 | -105,136 | 33,701 | -143,057 |
Supplemental cash flow information: | ||||||||
State taxes paid, net | ||||||||
2,517 | 2,713 | 2,645 | - | - | - | - | - | - |
State taxes paid, net | ||||||||
- | - | - | 3,245 | - | - | - | - | - |
Interest paid | ||||||||
150,003 | 140,706 | 120,873 | - | - | - | - | - | - |
Interest paid | ||||||||
- | - | - | 112,282 | - | - | - | - | - |
Accrued capital expenditures | ||||||||
552 | 272 | 558 | 1,214 | - | - | - | - | - |