| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Operating activities: | ||||||
Net loss | ||||||
-410,067 | -349,348 | -37,956 | 32,661 | -4,292 | -69,744 | |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||
-4,800 | 3,700 | 0 | -4,588 | 0 | -56,222 | |
Depreciation | ||||||
21,247 | 21,464 | 22,144 | 18,698 | 17,410 | 17,540 | |
Amortization of intangible assets | ||||||
112,727 | 147,336 | 166,657 | 104,989 | 76,982 | 77,887 | |
Amortization of convertible note discount and note issuance costs | ||||||
15,231 | 15,546 | 14,781 | 14,048 | 13,864 | 17,330 | |
Restructuring and asset impairment charges | ||||||
7,741 | 10,061 | 19,048 | 27,316 | 2,160 | 10,939 | |
Goodwill impairment | ||||||
354,561 | 269,000 | 0 | 0 | - | - | |
Equity-based compensation | ||||||
28,705 | 39,779 | 52,561 | 47,670 | 42,647 | 42,017 | |
Change in fair value of interest rate swaps | ||||||
3,290 | -6,895 | -10,216 | -5,800 | 8,869 | 9,845 | |
TiVo Acquisition litigation | ||||||
0 | 0 | -14,006 | 0 | 0 | - | |
Gain (Loss) on Extinguishment of Debt | ||||||
-2,152 | 0 | -108 | 0 | -2,815 | -5,159 | |
Loss on debt modification | ||||||
0 | 0 | -929 | 0 | 0 | -3,775 | |
Deferred income taxes | ||||||
12,056 | 6,591 | 27,193 | 86,085 | 4,409 | -3,042 | |
Other operating, net | ||||||
-4,843 | -1,375 | 3,033 | -904 | -2,223 | -2,583 | |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
5,820 | -51,500 | 31,900 | 11,643 | 4,214 | -20,467 | |
Inventory | ||||||
-1,860 | -4,132 | -1,605 | -2,273 | 203 | -143 | |
Prepaid expenses and other current assets and other long-term assets | ||||||
-4,420 | -6,000 | 52,122 | 18,201 | 120 | -2,811 | |
Right-of-use assets, net of lease liabilities | ||||||
1,032 | 0 | 0 | - | - | - | |
Accounts payable and accrued expenses and other long-term liabilities | ||||||
3,687 | -24,834 | -18,948 | 3,222 | -4,119 | -27,478 | |
Taxes payable | ||||||
-1,143 | 2,163 | 627 | -3,785 | -2,810 | 4,942 | |
Unearned revenue | ||||||
-16,806 | -17,901 | 20,986 | 7,666 | -12,601 | 19,305 | |
Net cash (used in) provided by operating activities - Continuing operations | ||||||
118,333 | 159,072 | 132,084 | 138,521 | 143,020 | 190,701 | |
Net cash used in operating activities - Discontinued operations | ||||||
-4,912 | -524 | 0 | -5,000 | -194 | -5,872 | |
Net cash (used in) provided by operating activities - Continuing operations | ||||||
113,421 | 158,548 | 132,084 | 133,521 | 142,826 | 184,829 | |
Investing activities: | ||||||
Payments for purchase of short- and long-term marketable securities | ||||||
75,194 | 201,242 | 148,591 | 175,591 | 210,757 | 303,593 | |
Proceeds from sales or maturities of securities | ||||||
261,041 | 194,193 | 173,275 | 217,861 | 299,598 | 469,519 | |
Cash acquired in TiVo Acquisition, net of cash paid | ||||||
- | - | - | 166,312 | 0 | 0 | |
Return of cash paid for TiVo Acquisition | ||||||
0 | 0 | 25,143 | 0 | 0 | - | |
Payment to Dissenting Holders in TiVo Acquisition | ||||||
0 | 0 | 117,030 | 0 | 0 | - | |
Payments for acquisitions, net of cash acquired | ||||||
- | - | - | - | - | 70,272 | |
Proceeds from sale of businesses | ||||||
- | - | - | - | - | 50,298 | |
Payments for purchase of property and equipment | ||||||
17,453 | 23,868 | 37,962 | 20,347 | 11,293 | 23,392 | |
Payments to Acquire Intangible Assets | ||||||
6,850 | 1,700 | 2,000 | 2,500 | 0 | 28,000 | |
Other investing, net | ||||||
0 | -19 | 334 | 63 | -11 | 831 | |
Net cash provided by investing activities | ||||||
161,544 | -32,598 | -107,499 | 185,672 | 77,559 | 93,729 | |
Financing activities: | ||||||
Proceeds from revolving credit facility | ||||||
- | - | - | - | 100,000 | 0 | |
Payments on revolving credit facility | ||||||
- | - | - | - | 100,000 | 0 | |
Proceeds from issuance of long-term debt, net of issuance costs | ||||||
692,266 | 0 | 681,552 | 0 | 335,699 | 812,001 | |
Principal payments on long-term debt | ||||||
717,875 | 7,000 | 689,500 | 236,952 | 422,990 | 917,506 | |
Payments of Dividends | ||||||
42,500 | 89,000 | 87,100 | 0 | 0 | - | |
Payments for contingent consideration and deferred holdback | ||||||
0 | 1,874 | 2,650 | 750 | 6,183 | 0 | |
Payments for purchase of warrants | ||||||
- | - | - | -5,827 | 31,326 | 0 | |
Proceeds from sale of call options | ||||||
- | - | - | -12,118 | 64,825 | 0 | |
Payments for purchase of treasury stock | ||||||
- | - | - | - | 154,519 | 192,173 | |
Payments for withholding taxes related to net settlement of restricted awards | ||||||
6,052 | 7,384 | 15,094 | 14,067 | 147 | 0 | |
Proceeds from employee stock purchase plan | ||||||
10,872 | 12,854 | 22,481 | 17,407 | 8,787 | 17,914 | |
Net cash used in financing activities | ||||||
-63,282 | -92,380 | -90,319 | -228,071 | -272,852 | -279,764 | |
Effect of exchange rate changes on cash and cash equivalents | ||||||
81 | -580 | 2,072 | -170 | -426 | -713 | |
Net decrease in cash and cash equivalents | ||||||
211,764 | 32,990 | -63,662 | 90,952 | -52,893 | -1,919 | |