| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES: | ||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||
105,000 | 346,000 | 594,000 | 250,762 | 176,099 | 215,115 | 75,817 | 144,953 | 76,177 | 75,048 | -138,029 |
Adjustments to reconcile net income to net cash flows from operating activities: | ||||||||||
Depreciation of property and equipment | ||||||||||
97,000 | 105,000 | 97,000 | 98,529 | 103,433 | 103,291 | 70,554 | 48,871 | 33,153 | 36,563 | 43,217 |
Amortization of definite-lived intangible and other assets | ||||||||||
327,000 | 175,000 | 179,000 | 183,795 | 161,454 | 125,496 | 70,820 | 38,671 | 18,229 | 18,834 | 22,355 |
Amortization of debt discount, net of debt premium | ||||||||||
- | - | - | - | - | - | - | - | - | 4,963 | 10,286 |
Impairment of goodwill, intangible and other assets | ||||||||||
- | - | - | - | - | - | - | - | 398 | 4,803 | 249,799 |
Recognition of deferred revenue | ||||||||||
- | - | - | - | - | - | - | - | - | - | 25,512 |
Amortization of program contract costs and net realizable value adjustments | ||||||||||
90,000 | 101,000 | 116,000 | 127,880 | 124,619 | 106,629 | 80,925 | 61,943 | 52,079 | 60,862 | 73,087 |
Stock-based compensation | ||||||||||
33,000 | 26,000 | 16,000 | 16,939 | 18,315 | 14,296 | 10,573 | 5,836 | - | - | - |
Deferred tax benefit | ||||||||||
-5,000 | -103,000 | -159,000 | 6,118 | -28,446 | -818 | 22,518 | 8,313 | 43,972 | 38,636 | -24,949 |
Gain on asset disposition and other, net of impairment | ||||||||||
62,000 | 19,000 | 279,000 | 6,029 | -278 | 37,160 | -3,392 | 7 | - | - | - |
Loss from equity method investments | ||||||||||
-35,000 | -61,000 | -14,000 | - | - | - | - | - | - | - | - |
Loss from equity method investments | ||||||||||
- | - | - | 906 | - | - | - | - | - | - | - |
Amortization of sports programming rights | ||||||||||
637,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Sports programming rights payments | ||||||||||
578,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Loss from extinguishment of debt | ||||||||||
-10,000 | 0 | -1,000 | -23,699 | 0 | -4,605 | -33,049 | -335 | -4,985 | - | - |
Change in assets and liabilities, net of acquisitions: | ||||||||||
Decrease in accounts receivable | ||||||||||
-70,000 | 37,000 | 42,000 | 71,718 | 38,666 | 44,253 | 90,635 | 23,225 | 11,616 | 14,491 | -823 |
Decrease in income taxes receivable | ||||||||||
- | - | - | - | - | - | - | - | -74 | -8,073 | 5,739 |
Decrease (increase) in prepaid expenses and other current assets | ||||||||||
27,000 | 10,000 | 9,000 | 969 | 3,474 | 2,215 | -8,295 | 8,360 | 10,449 | -196 | - |
Increase in other assets | ||||||||||
- | - | - | - | - | - | - | - | 1,247 | -393 | -6,778 |
Decrease in accounts payable and accrued and other current liabilities | ||||||||||
334,000 | 24,000 | 35,000 | 60,086 | -15,902 | 55,457 | 7,954 | 35,885 | 8,878 | 9,928 | 12,654 |
Net change in net income taxes payable/receivable | ||||||||||
-127,000 | 49,000 | -43,000 | 18,814 | 3,203 | 8,253 | -4,937 | -9,150 | -780 | 298 | - |
(Decrease) increase in other long-term liabilities | ||||||||||
- | - | - | - | - | - | - | - | 913 | -3,464 | - |
Decrease in program contracts payable | ||||||||||
94,000 | 108,000 | 111,000 | 111,506 | 109,057 | 93,682 | 90,080 | 70,061 | 67,319 | 88,992 | 82,184 |
Loss on extinguishment of debt, non-cash portion | ||||||||||
- | - | - | - | - | - | - | - | - | -5,525 | 18,465 |
Original debt issuance discount paid | ||||||||||
- | - | - | - | - | - | 23,766 | - | 13,785 | 14,393 | 18,176 |
Real estate held for development and sale | ||||||||||
- | - | - | - | - | 20,683 | 10,768 | -1,042 | - | - | - |
Other, net | ||||||||||
-71,000 | -37,000 | -23,000 | -16,096 | -11,071 | 1,732 | 3,134 | 13,787 | -14,851 | -12,179 | 509 |
Net cash flows (used in) from operating activities | ||||||||||
916,000 | 647,000 | 432,000 | 611,590 | 402,927 | 432,599 | 160,577 | 237,475 | 148,513 | 154,961 | 105,436 |
CASH FLOWS USED IN INVESTING ACTIVITIES: | ||||||||||
Acquisition of property and equipment | ||||||||||
156,000 | 105,000 | 84,000 | 94,465 | 91,421 | 81,458 | 43,388 | 43,986 | 35,835 | 11,694 | 7,693 |
Proceeds From Equity And Debt Investments | ||||||||||
7,000 | 24,000 | 32,000 | - | - | - | - | - | - | - | - |
Payments for acquisition of assets in other operating divisions | ||||||||||
- | - | - | - | - | - | - | - | 3,072 | - | - |
Purchase of alarm monitoring contracts | ||||||||||
- | - | - | 40,206 | 39,185 | 27,701 | 23,721 | 12,454 | 8,850 | 10,106 | 12,291 |
Investments in equity investees | ||||||||||
- | - | - | 51,247 | 44,715 | 8,104 | 10,767 | 24,052 | 11,577 | 7,224 | 10,601 |
Distributions from investments | ||||||||||
- | - | - | 6,786 | - | - | - | - | - | - | - |
Payments to Acquire Businesses, Net of Cash Acquired | ||||||||||
8,999,000 | 0 | 271,000 | 425,657 | 17,011 | 1,485,039 | 1,006,144 | 1,135,348 | - | - | - |
Spectrum repack reimbursements and auction proceeds | ||||||||||
62,000 | 6,000 | 311,000 | - | - | - | - | - | - | - | - |
Spectrum auction proceeds | ||||||||||
- | - | - | 0 | - | - | - | - | - | - | - |
Decrease (increase) in restricted cash | ||||||||||
- | - | - | - | - | -11,616 | 11,522 | -58,501 | 53,445 | -59,602 | 64,883 |
Proceeds from the sale of assets | ||||||||||
8,000 | 2,000 | 195,000 | 17,202 | 23,650 | 176,675 | 49,738 | - | - | 110 | 126 |
Distributions from equity investees | ||||||||||
- | - | - | - | - | - | - | - | 3,798 | 894 | 1,501 |
Proceeds from termination of life insurance policies | ||||||||||
- | - | - | - | - | 17,042 | 0 | 42 | - | - | - |
Investment in marketable securities | ||||||||||
- | - | - | - | - | - | 11,604 | - | 4,911 | - | - |
Distributions from equity and cost method investees | ||||||||||
- | - | - | - | 21,749 | 3,869 | 5,258 | - | - | - | - |
Loans to affiliates | ||||||||||
- | - | - | -19,500 | 0 | 0 | - | - | - | 136 | 162 |
Purchases of investments | ||||||||||
452,000 | 48,000 | 63,000 | - | - | - | - | - | - | - | - |
Proceeds from insurance settlement | ||||||||||
- | - | - | - | - | - | - | - | - | 372 | - |
Other, net | ||||||||||
0 | -3,000 | 6,000 | 2,441 | 4,378 | 4,256 | -909 | -8,013 | -1,644 | - | - |
Proceeds from loans to affiliates | ||||||||||
- | - | - | - | - | - | - | - | - | 117 | 157 |
Net cash flows used in investing activities | ||||||||||
-9,530,000 | -118,000 | 114,000 | -609,528 | -151,311 | -1,397,356 | -1,051,241 | -1,149,284 | -112,248 | 31,935 | -93,846 |
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES: | ||||||||||
Proceeds from notes payable and commercial bank financing | ||||||||||
9,956,000 | 4,000 | 166,000 | 1,024,912 | 382,887 | 1,500,720 | 2,278,293 | 1,247,255 | 151,733 | 283,930 | 980,875 |
Repayments of notes payable, commercial bank financing, and finance leases | ||||||||||
1,236,000 | 167,000 | 340,000 | 674,439 | 395,147 | 582,764 | 1,509,760 | 179,356 | 150,447 | 427,421 | 931,566 |
Repurchase of outstanding Class A Common Stock | ||||||||||
145,000 | 221,000 | 30,000 | 136,283 | 28,823 | 133,157 | 0 | - | - | - | 1,454 |
Dividends paid on Class A and Class B Common Stock | ||||||||||
73,000 | 74,000 | 71,000 | 65,909 | 62,733 | 61,103 | 56,767 | 123,852 | 38,356 | 34,225 | 16,038 |
Proceeds from the sale of Class A Common Stock | ||||||||||
0 | 0 | 488,000 | 0 | 0 | - | 472,913 | - | - | - | - |
Proceeds from Class A Common Stock sold by variable interest entity | ||||||||||
- | - | - | - | - | - | - | - | 1,808 | - | - |
Noncontrolling interests distributions | ||||||||||
- | - | - | - | -9,918 | -8,184 | -10,256 | -1,142 | -610 | -287 | 26 |
Redemption of redeemable subsidiary preferred equity | ||||||||||
985,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments Of Dividends, Temporary Equity | ||||||||||
33,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Redemption of redeemable subsidiary preferred equity | ||||||||||
297,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Debt issuance costs | ||||||||||
199,000 | 1,000 | 1,000 | 35,505 | 3,847 | 16,590 | 27,724 | 18,707 | 5,483 | 7,020 | 28,815 |
Distributions to noncontrolling interests, net | ||||||||||
32,000 | 9,000 | 22,000 | 10,464 | - | - | - | - | - | - | 5,000 |
Repayments of notes and capital leases to affiliates | ||||||||||
- | - | - | - | - | - | - | - | 3,210 | 3,123 | 2,864 |
Other, net | ||||||||||
-39,000 | 3,000 | 0 | 2,113 | -1,745 | 3,413 | 1,204 | -2,491 | -707 | - | - |
Net cash flows from (used in) financing activities | ||||||||||
8,887,000 | -465,000 | 190,000 | 104,425 | -119,326 | 702,335 | 1,147,903 | 921,707 | -45,272 | -188,146 | -4,836 |
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | ||||||||||
273,000 | 64,000 | 736,000 | 106,487 | 132,290 | -262,422 | 257,239 | 9,898 | -9,007 | -1,250 | 6,754 |