| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
352,000 | 287,500 | 451,600 | 131,400 | 15,300 | -4,400 | -28,200 |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||
4,600 | 1,500 | 0 | 0 | - | - | - |
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ||||||
356,600 | 289,000 | 451,600 | 131,400 | - | - | - |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
362,100 | 306,900 | 238,000 | 265,200 | 278,400 | 241,200 | 186,800 |
Loss on debt financing transactions | ||||||
-15,000 | -12,000 | -10,500 | 0 | -37,600 | 33,100 | 0 |
Gain on fair value adjustment of cost and equity method investment | ||||||
- | - | - | - | - | 22,200 | 0 |
Impairment of cost method investment | ||||||
- | - | - | - | 0 | -4,100 | 0 |
Amortization and (gain) loss on fair value of hedge instrument | ||||||
- | - | - | -900 | -1,200 | 600 | 0 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | ||||||
17,500 | -1,500 | 0 | -2,000 | - | - | - |
Equity in net income of affiliates, net of dividends | ||||||
2,900 | 100 | 1,700 | 600 | 100 | 3,300 | 3,600 |
Deferred taxes | ||||||
-22,500 | -69,000 | -212,800 | -22,200 | -17,300 | -20,800 | -16,200 |
Amortization of discount and deferred financing fees | ||||||
6,000 | 4,800 | 2,700 | 3,200 | 6,100 | 1,500 | 8,200 |
Amortization of senior notes purchase accounting fair value adjustment and note discount | ||||||
- | - | - | - | - | - | -17,100 |
Gains on sale of other assets | ||||||
- | - | - | - | - | - | 1,000 |
Stock-based compensation | ||||||
51,000 | 57,900 | 33,100 | 24,400 | 9,000 | 8,000 | 6,300 |
Payment of contingent obligation | ||||||
- | - | - | 0 | - | - | - |
Provision for losses on trade accounts receivable | ||||||
10,000 | 8,600 | 6,600 | 4,300 | 3,200 | 3,200 | 800 |
Other | ||||||
3,400 | 3,200 | -4,900 | -5,100 | -1,400 | -1,300 | 900 |
Changes in assets and liabilities: | ||||||
Trade accounts receivable | ||||||
-7,300 | 113,800 | 44,700 | 42,500 | 39,200 | 36,300 | 3,100 |
Other current and long-term assets | ||||||
26,500 | -17,100 | 59,800 | 5,900 | -13,800 | -2,000 | 8,600 |
Trade accounts payable | ||||||
5,700 | 20,700 | 9,700 | 2,900 | 1,300 | 6,100 | 5,900 |
Other current and long-term liabilities | ||||||
36,300 | 20,600 | 37,500 | 31,900 | -1,600 | 6,400 | 14,100 |
Cash provided by operating activities of continuing operations | ||||||
784,000 | 559,400 | 465,800 | 389,900 | - | - | - |
Cash used in operating activities of discontinued operations | ||||||
-7,300 | -3,700 | 0 | 0 | - | - | - |
Cash provided by operating activities | ||||||
776,700 | 555,700 | 465,800 | 389,900 | 309,100 | 154,300 | 143,400 |
Cash flows from investing activities: | ||||||
Capital expenditures | ||||||
198,500 | 180,100 | 135,300 | 124,000 | 132,200 | 155,200 | 81,700 |
Proceeds from Sale of Debt and Equity Securities, FV-NI, Held-for-investment | ||||||
- | - | - | 900 | 1,000 | 1,500 | 4,400 |
Purchases of trading securities | ||||||
- | - | - | 1,500 | 1,500 | 2,100 | 1,800 |
Proceeds from sale/maturity of other investments | ||||||
35,900 | 24,300 | 59,200 | 58,200 | 12,400 | 9,700 | 0 |
Purchases of other investments | ||||||
31,400 | 31,800 | 50,200 | 64,600 | 15,500 | 15,100 | 0 |
Proceeds from sale of other assets | ||||||
- | - | - | - | - | - | 4,300 |
Investment in non-consolidated affiliate | ||||||
46,300 | 1,828,400 | 342,600 | 356,600 | 70,400 | 119,900 | 282,300 |
Proceeds from disposals of assets held for sale | ||||||
-40,300 | 400 | 13,500 | - | - | - | - |
Acquisition-related deposits | ||||||
- | - | - | 6,200 | -9,100 | -4,100 | 10,000 |
Other | ||||||
3,900 | 1,200 | -1,600 | 2,000 | 0 | -1,000 | -100 |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | ||||||
-203,900 | -2,017,600 | -480,800 | -495,800 | - | - | - |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | ||||||
0 | -100 | 0 | 0 | - | - | - |
Cash used in investing activities | ||||||
-203,900 | -2,017,700 | -480,800 | -495,800 | -197,100 | -276,000 | -367,000 |
Cash flows from financing activities: | ||||||
Proceeds from Senior Secured Term Loans | ||||||
3,750,000 | 1,800,000 | 33,400 | 150,000 | 1,881,000 | 1,895,300 | 1,133,400 |
Repayments of Senior Debt | ||||||
3,759,100 | 0 | 0 | - | 1,881,000 | 1,120,500 | 923,400 |
Proceeds from senior secured term loan A | ||||||
- | - | - | - | 350,000 | 0 | 0 |
Extinguishment of 9.625% and 8.125% Senior Notes | ||||||
- | - | - | - | 1,000,000 | 0 | 0 |
Extinguishment of 11.375% senior unsecured notes | ||||||
- | - | - | - | - | 645,000 | 0 |
Proceeds from Senior Secured Term Loan A-2 | ||||||
- | - | - | 55,000 | 35,000 | 78,500 | 65,000 |
Proceeds from senior secured revolving line of credit | ||||||
0 | 125,000 | 215,000 | 145,000 | - | - | - |
Payments of senior secured revolving line of credit | ||||||
0 | 210,000 | 130,000 | 145,000 | 85,000 | 28,500 | 65,000 |
Repayments of debt | ||||||
389,000 | 114,300 | 32,500 | 49,300 | 38,200 | 25,600 | 11,900 |
Termination of interest rate swaps | ||||||
- | - | - | - | 2,700 | 0 | 0 |
Proceeds from initial public offering | ||||||
- | - | - | - | 764,500 | 0 | 0 |
Underwriter fees and other costs on initial public offering | ||||||
- | - | - | - | 49,800 | 0 | 0 |
Debt financing fees | ||||||
11,200 | 33,800 | 12,600 | 3,700 | 18,200 | 61,500 | 5,200 |
Proceeds from issuance of common stock and exercise of stock options | ||||||
24,400 | 26,200 | 27,100 | 6,000 | 2,800 | 9,600 | 5,800 |
Dividends to shareholders | ||||||
56,800 | 41,600 | 0 | 0 | - | - | - |
Treasury stock purchased | ||||||
0 | 0 | 133,500 | 700 | 300 | 200 | 3,400 |
Distributions to noncontrolling interests | ||||||
3,900 | 10,100 | 10,300 | 9,300 | 10,800 | 10,400 | 8,000 |
Payment, Tax Withholding, Share-based Payment Arrangement | ||||||
39,200 | 1,200 | 0 | - | - | - | - |
Excess tax benefit | ||||||
- | - | - | 6,300 | 1,400 | 0 | 0 |
Payment of contingent obligation | ||||||
- | - | - | 500 | 0 | 0 | - |
Other | ||||||
-1,900 | 0 | -8,300 | 0 | - | 200 | 0 |
Cash used in financing activities | ||||||
-486,700 | 1,540,200 | -51,700 | 153,800 | -51,300 | 91,900 | 187,300 |
Effect of exchange rate changes on cash and cash equivalents | ||||||
600 | -6,600 | 300 | 1,100 | -5,400 | -3,500 | -6,800 |
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ||||||
86,700 | 71,600 | -66,400 | 49,000 | 55,300 | -33,300 | -43,100 |
Noncash investing and Financing activities: | ||||||
Property and equipment acquired through capital lease obligations | ||||||
- | - | - | 0 | 1,200 | 0 | 2,000 |
Finance arrangements | ||||||
- | - | - | 16,300 | 7,800 | 12,900 | 0 |
Supplemental disclosure of cash flow information: | ||||||
Cash paid during the period for: | ||||||
Income taxes, net of refunds | ||||||
111,700 | 111,100 | 120,200 | 93,600 | 25,900 | 25,200 | 23,300 |
Interest Paid, Excluding Capitalized Interest, Operating Activities | ||||||
163,500 | 132,100 | 90,200 | 87,900 | 147,600 | 191,000 | 211,800 |