| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net income (loss) | ||||||||||
-19,712 | 12,161 | 175,698 | 20,405 | 25,625 | 27,122 | 133,825 | 13,601 | -8,200 | -18,086 | -50,072 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
16,648 | 16,273 | 16,411 | 15,342 | 15,989 | 14,663 | 14,953 | 16,426 | 18,653 | 19,229 | 21,033 |
Cost of revenue - television (spectrum usage rights) | ||||||||||
- | - | 12,340 | - | - | - | - | - | - | - | - |
Impairment charge | ||||||||||
32,097 | - | - | - | - | 735 | - | - | - | 36,109 | 50,648 |
Impairment loss on investment | ||||||||||
- | 1,320 | - | - | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||
5,311 | 4,612 | 81,766 | 12,528 | 15,664 | 17,585 | -134,975 | 6,477 | 4,565 | -4,342 | -2,351 |
Non-cash interest | ||||||||||
881 | 1,124 | 3,237 | 776 | - | - | - | - | - | - | - |
Amortization of debt issue costs | ||||||||||
- | - | - | - | 797 | 820 | 1,647 | 2,284 | 2,207 | 1,140 | 402 |
Amortization of syndication contracts | ||||||||||
505 | 651 | 452 | 398 | 360 | 440 | 587 | 707 | 1,482 | 1,159 | 1,981 |
Payments on syndication contracts | ||||||||||
543 | 643 | 445 | 388 | 510 | 578 | 1,258 | 1,698 | 1,976 | 2,724 | 2,836 |
Equity in net (income) loss of nonconsolidated affiliate | ||||||||||
-234 | -1,374 | -310 | - | - | - | - | - | - | - | - |
Equity in net (income) loss of nonconsolidated affiliate | ||||||||||
- | - | - | - | - | - | - | - | - | -180 | -236 |
Non-cash stock-based compensation | ||||||||||
4,377 | 5,787 | 6,091 | 5,035 | 5,240 | 4,351 | 4,771 | 2,651 | 2,343 | 2,970 | 4,034 |
(Gain) loss on disposal of property and equipment | ||||||||||
-158 | - | -28 | - | - | - | - | - | - | - | - |
Other (income) loss | ||||||||||
- | - | - | - | - | - | - | - | 687 | - | - |
(Gain) loss on debt extinguishment | ||||||||||
-255 | -550 | -3,306 | -161 | -204 | -246 | -29,675 | -3,743 | -423 | - | - |
Changes in assets and liabilities: | ||||||||||
(Gain) loss on debt extinguishment | ||||||||||
- | - | - | - | - | - | - | - | - | -934 | - |
(Gain) loss on debt extinguishment | ||||||||||
- | - | - | - | - | - | - | - | - | - | 945 |
Reserve for note receivable | ||||||||||
- | - | - | - | - | - | - | - | - | 3,018 | - |
Change in fair value of interest rate swap agreements | ||||||||||
- | - | - | - | - | - | - | - | - | 12,188 | 6,979 |
(Increase) decrease in restricted cash | ||||||||||
- | - | - | - | - | - | - | - | -809 | 809 | - |
(Increase) decrease in accounts receivable | ||||||||||
-8,610 | -5,895 | -414 | -1,397 | -871 | 6,128 | 8,706 | 3,740 | 574 | -2,091 | -570 |
(Increase) decrease in prepaid expenses and other assets | ||||||||||
-2,102 | 5,581 | 913 | -439 | 499 | 1,183 | 509 | -321 | -336 | -310 | 484 |
Increase (decrease) in accounts payable, accrued expenses and other liabilities | ||||||||||
-19,384 | -9,727 | 2,825 | 1,203 | -1,458 | -3,661 | -7,255 | -740 | -1,770 | 8,134 | 1,662 |
Net cash provided by operating activities | ||||||||||
31,539 | 33,796 | 301,520 | 57,296 | - | - | - | - | 17,611 | 37,125 | 18,789 |
Cash flows from investing activities: | ||||||||||
Net cash provided by operating activities | ||||||||||
- | - | - | - | 62,283 | 54,412 | 32,755 | 40,032 | - | - | - |
Proceeds from sale of property and equipment and intangibles | ||||||||||
- | 33 | 50 | - | - | - | - | - | - | - | - |
Proceeds from sale of property and equipment and intangibles | ||||||||||
- | - | - | - | - | - | - | - | - | - | -122 |
Purchases of property and equipment | ||||||||||
25,283 | 17,006 | 12,078 | 9,053 | - | - | - | 9,856 | 8,524 | 8,650 | 10,965 |
Purchases of intangible assets | ||||||||||
2,300 | 3,153 | 32,588 | - | - | - | - | - | - | - | - |
Purchase of a businesses, net of cash acquired | ||||||||||
- | 3,522 | 29,149 | - | - | 15,048 | - | - | 598 | - | - |
Purchases of marketable securities | ||||||||||
1,400 | 159,403 | - | - | - | - | - | - | - | - | - |
Proceeds from marketable securities | ||||||||||
43,647 | 25,000 | - | - | - | - | - | - | - | - | - |
Purchases of short term investments: CDs | ||||||||||
- | - | - | 30,000 | - | - | - | - | - | - | - |
Purchases of property and equipment and intangibles | ||||||||||
- | - | - | - | 13,696 | 8,609 | 10,174 | - | - | - | - |
Proceeds from short term investments: CDs | ||||||||||
- | - | - | 30,000 | - | - | - | - | - | - | - |
Purchases of investments | ||||||||||
300 | 1,495 | 2,450 | 500 | - | - | - | - | - | - | - |
Deposits on acquisition | ||||||||||
- | - | 190 | - | - | - | - | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||
14,364 | -159,546 | -76,405 | -9,553 | - | - | - | - | -9,122 | -8,650 | -10,843 |
Cash flows from financing activities: | ||||||||||
Net cash used in investing activities | ||||||||||
- | - | - | - | -13,696 | -23,657 | -10,174 | -9,856 | - | - | - |
Proceeds from stock option exercises | ||||||||||
- | 249 | 708 | 780 | 2,177 | 1,841 | 2,806 | 23 | - | - | - |
Tax payments related to shares withheld for share-based compensation plans | ||||||||||
1,688 | 2,268 | 798 | - | - | - | - | - | - | - | - |
Proceeds from issuance of common stock | ||||||||||
- | - | - | - | - | - | - | - | 42 | 239 | 255 |
Payments on long-term debt | ||||||||||
28,000 | 53,000 | 293,563 | 23,750 | 23,750 | 23,750 | 375,984 | 61,800 | 17,071 | 362,949 | 42,572 |
Termination of swap agreements | ||||||||||
- | - | - | - | - | - | - | - | - | 4,039 | - |
Dividends paid | ||||||||||
16,962 | 17,782 | 14,670 | 11,177 | 9,350 | 8,865 | 11,014 | 10,313 | 5,102 | - | - |
Repurchase of Class A common stock | ||||||||||
12,565 | 13,812 | 5,330 | - | - | 12,543 | - | - | - | - | 1,075 |
Payment of contingent consideration | ||||||||||
- | 2,015 | 3,819 | - | 1,000 | - | - | - | - | - | - |
Termination of swap agreements | ||||||||||
- | - | 2,441 | - | - | - | - | - | - | - | - |
Proceeds from borrowings on long-term debt | ||||||||||
- | - | 298,500 | - | - | - | 375,000 | 20,000 | - | 394,888 | - |
Payments of capitalized debt offering and issuance costs | ||||||||||
225 | - | 3,382 | - | - | - | - | - | - | - | 1,182 |
Net cash used in financing activities | ||||||||||
-59,440 | -88,628 | -24,795 | -34,147 | - | - | - | - | -22,160 | 16,249 | -44,574 |
Payments of capitalized debt offering and issuance costs | ||||||||||
- | - | - | - | - | - | 5,697 | 675 | 29 | 11,890 | - |
Net cash used in financing activities | ||||||||||
- | - | - | - | -31,923 | -43,317 | -14,889 | -52,765 | - | - | - |
Effect of exchange rates on cash, cash equivalents and restricted cash | ||||||||||
-71 | -11 | 14 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||
-13,608 | -214,389 | 200,334 | 13,596 | - | - | - | - | - | - | - |
Cash, cash equivalents and restricted cash: | ||||||||||
Net increase (decrease) in cash and cash equivalents | ||||||||||
- | - | - | - | 16,664 | -12,562 | 7,692 | -22,589 | -13,671 | 44,724 | -36,628 |
Supplemental disclosures of cash flow information: | ||||||||||
Cash payments for: | ||||||||||
Interest | ||||||||||
12,802 | 14,619 | 13,472 | 14,693 | 12,249 | 15,265 | 32,586 | 35,422 | 36,428 | 30,805 | 31,739 |
Income taxes | ||||||||||
2,847 | 3,265 | 846 | 593 | 750 | 859 | 838 | -365 | 1,225 | 966 | 434 |
Supplemental disclosures of non-cash investing and financing activities: | ||||||||||
Capital expenditures financed through accounts payable, accrued expenses and other liabilities | ||||||||||
730 | 660 | 1,678 | 1,068 | 813 | 960 | - | - | - | - | - |
Contingent consideration included in accounts payable, accrued expenses and other liabilities | ||||||||||
1,641 | 8,119 | 12,107 | - | - | - | - | - | - | - | - |