| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
-121,190 | 18,107 | -915 | 31,641 | - | - | |
Cash flows from operating activities: | ||||||
Net (loss) income | ||||||
- | - | - | 31,641 | 67,614 | -3,205 | |
Adjustments to reconcile net income to operating cash flows: | ||||||
Depreciation and amortization | ||||||
111,882 | 84,791 | 74,394 | 67,774 | 67,752 | 41,450 | |
Facility consolidation cost | ||||||
148 | 0 | 0 | - | - | - | |
Gain on derivative instruments | ||||||
- | - | - | - | - | 25 | |
Share-based Payment Arrangement, Noncash Expense | ||||||
11,324 | 3,156 | 3,135 | 2,442 | 1,319 | 59 | |
Non-cash interest expense | ||||||
3,851 | 1,996 | 2,339 | 2,786 | 2,784 | 1,873 | |
Non-cash acquisition related costs | ||||||
26,411 | 0 | 0 | - | - | - | |
(Benefit) provision for deferred income taxes | ||||||
87,765 | -202 | -294 | 2,862 | -1,167 | -2,821 | |
Loss on sale or disposal of assets | ||||||
-4,723 | 3,971 | 1,649 | -3,564 | 51,051 | -1,472 | |
Non-cash charge to investments | ||||||
0 | 505 | 250 | 2,766 | 0 | 0 | |
Non-cash loss on early extinguishment of debt | ||||||
6,058 | 2,886 | 2,344 | 0 | 0 | 5,949 | |
Impairment of long-lived assets | ||||||
3,009 | 1,538 | 7,142 | 0 | 0 | - | |
Goodwill and mastheads impairment | ||||||
100,743 | 0 | 27,448 | 0 | 4,800 | 0 | |
Pension and other postretirement benefit obligations | ||||||
100,452 | 2,575 | 1,963 | 2,276 | 1,002 | 1,604 | |
Change in assets and liabilities: | ||||||
Accounts receivables, net | ||||||
-12,608 | -15 | -4,981 | -14,880 | 4,255 | -1,781 | |
Inventory | ||||||
-5,150 | 4,336 | -1,073 | 999 | -2,701 | -1,226 | |
Prepaid expenses | ||||||
-7,016 | -3,338 | 3,538 | 1,805 | 219 | 614 | |
Other assets | ||||||
- | - | - | 7,178 | 1,412 | -1,045 | |
Accounts payable | ||||||
3,958 | -2,530 | -3,996 | 4,986 | -14,666 | -4,292 | |
Accrued expenses | ||||||
40,353 | 8,019 | 6,645 | -21,723 | 37,814 | -7,476 | |
Increase (Decrease) in Contract with Customer, Liability | ||||||
-8,326 | -7,642 | -4,607 | - | - | - | |
Deferred revenue | ||||||
- | - | - | -629 | -1,508 | -218 | |
Other assets and liabilities | ||||||
6,034 | 6,060 | -2,871 | 1,433 | 3,481 | 1,204 | |
Net cash provided by operating activities | ||||||
25,535 | 109,559 | 110,506 | 94,800 | 115,319 | 41,446 | |
Cash flows from investing activities: | ||||||
Acquisitions, net of cash acquired | ||||||
796,502 | 204,877 | 164,155 | 137,486 | 431,126 | 77,618 | |
Purchase of property, plant, and equipment | ||||||
13,978 | 11,639 | 11,090 | 10,631 | 10,155 | 5,012 | |
Proceeds from sale of publications, real estate and other assets | ||||||
27,486 | 15,040 | 14,972 | 3,284 | 142,583 | 1,027 | |
Change in other investing activities | ||||||
2,066 | 0 | 0 | - | - | - | |
Net cash used for investing activities | ||||||
-785,060 | -201,476 | -160,273 | -144,833 | -298,698 | -81,603 | |
Cash flows from financing activities: | ||||||
Payments of debt issuance costs | ||||||
121,223 | 800 | 3,576 | 0 | 592 | 4,610 | |
Borrowings under term loans | ||||||
1,792,000 | 79,675 | 20,000 | 0 | 122,872 | 217,775 | |
Borrowing under revolving credit facility | ||||||
153,900 | 20,000 | 0 | 0 | 99,000 | 24,068 | |
Repayments under term loans | ||||||
481,058 | 3,093 | 14,443 | 3,509 | 3,135 | 158,562 | |
Repayments under revolving credit facility | ||||||
153,900 | 20,000 | 0 | 0 | 104,000 | 44,068 | |
Repayments of convertible debt | ||||||
197,950 | 0 | 0 | - | - | - | |
Payment of offering costs | ||||||
0 | 369 | 431 | 83 | 1,343 | 1,073 | |
Issuance of common stock, net of underwriters' discount | ||||||
0 | 111,099 | 0 | 135,849 | 150,866 | 116,737 | |
Purchase of treasury stock | ||||||
1,002 | 792 | 664 | - | - | - | |
Repurchase of common stock | ||||||
0 | 0 | 5,001 | 417 | 0 | 0 | |
Repurchase of common stock | ||||||
- | - | - | 0 | 0 | - | |
Changes in other financing activities | ||||||
82 | 0 | 0 | - | - | - | |
Payment of dividends | ||||||
91,936 | 87,195 | 75,608 | 59,760 | 57,360 | 18,212 | |
Net cash used for financing activities | ||||||
898,913 | 98,525 | -79,723 | 72,080 | 206,308 | 132,055 | |
Effect of currency exchange rate change | ||||||
-3,494 | 0 | 0 | - | - | - | |
Increase (decrease) in cash and cash equivalents and restricted cash | ||||||
135,894 | 6,608 | -129,490 | 22,047 | 22,929 | 91,898 | |
Supplemental cash flow information: | ||||||
Cash paid for taxes, net of refunds | ||||||
- | - | - | 2,601 | 1,389 | 0 | |
Cash paid for interest | ||||||
- | - | - | 26,908 | 21,726 | 15,181 | |