| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-445,324 | 38,809 | 224,443 | 176,370 | 157,838 | ||
Adjustments to reconcile Net loss to Net cash provided by operating activities: | ||||||
Depreciation | ||||||
18,300 | 12,800 | 10,800 | 8,276 | 8,160 | ||
Amortization of intangible assets | ||||||
98,600 | 91,000 | 77,900 | 74,830 | 72,658 | ||
Amortization of unfavorable contracts liability | ||||||
18,885 | 25,200 | 25,200 | 25,200 | 25,200 | ||
Goodwill and intangible asset impairment | ||||||
461,463 | 0 | 0 | - | - | ||
Stock-based compensation | ||||||
7,588 | 9,423 | 2,627 | - | - | ||
Deferred income taxes | ||||||
-44,920 | 16,693 | -108,845 | -413 | - | ||
Write-off and loss on assets | ||||||
- | - | - | - | -61 | ||
Gain on trading securities related to deferred compensation | ||||||
- | - | - | - | 117 | ||
Provision for doubtful accounts | ||||||
4,897 | 4,391 | 2,452 | 3,030 | 2,515 | ||
Amortization of debt issuance costs | ||||||
1,573 | 1,307 | 810 | - | - | ||
Increase (decrease) in accrued expenses | ||||||
- | - | - | - | -354 | ||
Decrease in deferred compensation | ||||||
- | - | - | - | -17,046 | ||
Other, net | ||||||
496 | 1,053 | 1,618 | -84 | 762 | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-2,262 | 1,164 | 5,006 | 13,579 | 5,535 | ||
Prepaid expenses | ||||||
-2,738 | -2,464 | 8 | 198 | - | ||
Other current assets | ||||||
-9,835 | 552 | 8,593 | -264 | - | ||
Other assets | ||||||
16,201 | -782 | -734 | -55 | - | ||
Increase in prepaid expenses and other current assets | ||||||
- | - | - | - | 57 | ||
Accounts payable | ||||||
874 | 2,512 | -432 | -1,548 | -3,395 | ||
Accrued compensation | ||||||
-83 | 2,569 | -6,946 | -11,857 | - | ||
Other accrued liabilities | ||||||
-1,378 | 8,358 | 6,021 | -4,880 | - | ||
Other noncurrent liabilities | ||||||
19,672 | -1,707 | -2,173 | -5,913 | - | ||
Cash received from lessor for lease incentives | ||||||
0 | 0 | 15,788 | - | - | ||
Net cash provided by operating activities | ||||||
101,484 | 163,548 | 185,929 | 199,153 | 190,055 | ||
Cash flows from investing activities: | ||||||
Purchase of trading securities related to deferred compensation plan | ||||||
- | - | - | - | 235 | ||
Purchase of property and equipment | ||||||
21,257 | 14,233 | 32,774 | 9,701 | 9,108 | ||
Payment for DI Acquisition, net | ||||||
0 | 157,153 | 0 | 114,900 | - | ||
Other, net | ||||||
599 | -11 | 0 | - | - | ||
Proceeds from sale of Apartments.com | ||||||
- | - | - | - | 7,900 | ||
Proceeds from sale of property and equipment | ||||||
- | - | - | 64 | 62 | ||
Purchase of investments | ||||||
- | - | - | 2,216 | - | ||
Net cash used in investing activities | ||||||
-21,856 | -171,375 | -32,774 | -126,753 | -1,146 | ||
Proceeds from issuance of long-term debt | ||||||
10,000 | 195,000 | 675,000 | - | - | ||
Payments of debt issuance costs and other fees | ||||||
2,940 | 0 | 6,208 | - | - | ||
Payments of long-term debt | ||||||
58,125 | 82,500 | 91,250 | - | - | ||
Stock-based compensation plans, net | ||||||
-286 | 377 | 0 | - | - | ||
Repurchases of common stock | ||||||
40,000 | 97,190 | 0 | - | - | ||
Cash distribution to TEGNA related to Separation | ||||||
0 | 0 | 650,000 | - | - | ||
Transactions with TEGNA, net | ||||||
191 | 2,960 | 69,030 | 63,604 | 188,996 | ||
Net cash provided by (used in) financing activities | ||||||
-91,542 | 12,727 | -141,488 | -63,604 | -188,996 | ||
Net increase in cash and cash equivalents | ||||||
-11,914 | 4,900 | 11,667 | 8,796 | -87 | ||
Supplemental non-cash information: | ||||||
Purchases of property and equipment in other liabilities and accounts payable | ||||||
- | - | - | - | 961 | ||
Proceeds from sale of Apartments.com paid by escrow agent directly to former owners | ||||||
- | - | - | - | 21,400 | ||
Supplemental cash flow information: | ||||||
Cash paid for income taxes, net of refunds | ||||||
1,740 | 7 | 11,531 | - | - | ||
Cash paid for interest | ||||||
29,654 | 26,780 | 11,761 | - | - | ||