| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||||
Net income | |||||||||||
133,000 | 164,000 | 15,000 | 49,000 | 247,000 | -47,000 | 144,522 | 141,076 | 198,744 | 159,158 | 231,315 | 60,788 |
Add (deduct) adjustments to reconcile net income to net cash flows from operating activities | |||||||||||
Depreciation, amortization and accretion | |||||||||||
702,000 | 640,000 | 615,000 | 618,000 | 607,000 | 606,000 | 803,781 | 608,633 | 573,557 | 570,955 | 564,935 | 572,649 |
Bad debts expense | |||||||||||
107,000 | 95,000 | 89,000 | 96,000 | 106,000 | 101,000 | 98,864 | 67,372 | 62,157 | 76,292 | 107,991 | 73,157 |
Stock-based compensation expense | |||||||||||
41,000 | 37,000 | 30,000 | 26,000 | 25,000 | 22,000 | 15,844 | 21,466 | 20,183 | 18,044 | 16,362 | 15,122 |
Deferred income taxes, net | |||||||||||
-4,000 | -3,000 | -365,000 | 6,000 | 55,000 | 58,000 | -75,348 | 49,244 | 203,264 | 73,727 | 47,260 | -77,327 |
Equity in earnings of unconsolidated entities | |||||||||||
166,000 | 159,000 | 137,000 | 140,000 | 140,000 | 130,000 | 131,949 | 90,364 | 83,566 | 97,318 | 96,800 | 91,981 |
Distributions from unconsolidated entities | |||||||||||
161,000 | 152,000 | 136,000 | 93,000 | 60,000 | 112,000 | 125,660 | 84,417 | 91,768 | 100,359 | 91,105 | 91,845 |
Loss on impairment of goodwill | |||||||||||
0 | 0 | 370,000 | 0 | 0 | - | - | - | - | - | - | - |
(Gain) loss on asset disposals, net | |||||||||||
-19,000 | -10,000 | -17,000 | -22,000 | -16,000 | -21,000 | -30,606 | -18,088 | -9,889 | -10,717 | -16,169 | -17,413 |
(Gain) loss on sale of business and other exit costs, net | |||||||||||
1,000 | 0 | 1,000 | - | 114,000 | 33,000 | 246,767 | -21,022 | - | - | - | - |
(Gain) loss on license sales and exchanges, net | |||||||||||
0 | 18,000 | 22,000 | 19,000 | 147,000 | 113,000 | 255,479 | - | 11,762 | - | - | - |
(Gain) loss on investments | |||||||||||
- | - | - | - | - | - | 18,556 | -3,718 | 11,373 | - | - | 16,628 |
Loss on impairment of intangible assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | 14,000 | 386,653 |
Noncash interest | |||||||||||
- | - | - | - | 2,000 | 1,000 | 1,059 | -1,822 | 10,040 | 2,540 | 2,442 | 1,772 |
Other operating activities | |||||||||||
-4,000 | -3,000 | -2,000 | 0 | 0 | - | -646 | -546 | -102 | 2,483 | 24 | 210 |
Changes in assets and liabilities from operations | |||||||||||
Accounts receivable | |||||||||||
46,000 | 39,000 | 68,000 | 23,000 | 96,000 | -13,000 | 291,168 | 64,816 | 82,175 | 75,252 | 114,646 | -69,017 |
Equipment installment plans receivable | |||||||||||
97,000 | 149,000 | 261,000 | 246,000 | 134,000 | 189,000 | 591 | - | - | - | - | - |
Inventory | |||||||||||
20,000 | 4,000 | 0 | -8,000 | -118,000 | 29,000 | 82,422 | 28,786 | 14,640 | -40,277 | 35,992 | -15,563 |
Accounts payable | |||||||||||
-69,000 | 3,000 | -14,000 | 48,000 | 5,000 | -98,000 | 85,346 | -4,977 | 28,410 | -52,568 | 36,195 | -4,572 |
Accounts payable - affiliate | |||||||||||
- | - | - | - | - | - | - | -1,458 | 1,392 | -3,940 | 5,119 | 1,093 |
Customer deposits and deferred revenues | |||||||||||
-8,000 | 7,000 | -3,000 | -54,000 | -37,000 | 34,000 | 66,344 | 30,353 | 34,927 | 6,180 | -9,921 | 6,713 |
Accrued taxes | |||||||||||
-23,000 | -39,000 | 26,000 | 40,000 | 34,000 | -99,000 | 30,037 | 73,064 | -39,984 | -70,057 | 48,218 | -28,197 |
Accrued interest | |||||||||||
- | - | - | - | 4,000 | 1,000 | 273 | 167 | 225 | 204 | -2,121 | - |
Other assets and liabilities | |||||||||||
9,000 | -9,000 | -40,000 | 23,000 | 56,000 | 59,000 | 9,805 | 27,652 | 3,296 | -77,552 | 49,798 | -202 |
Net cash provided by operating activities | |||||||||||
724,000 | 709,000 | 469,000 | 501,000 | 555,000 | 172,000 | 290,897 | 899,291 | 987,862 | 834,387 | 871,809 | 922,777 |
Cash flows from investing activities | |||||||||||
Cash paid for additions to property, plant and equipment | |||||||||||
650,000 | 512,000 | 465,000 | 443,000 | 581,000 | 605,000 | 717,862 | 826,400 | 771,798 | 569,323 | 530,769 | 585,590 |
Proceeds from disposition of investments | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 16,690 |
Cash received from divestitures | |||||||||||
- | - | - | - | - | - | - | - | - | - | 50 | 6,838 |
Cash paid for licenses | |||||||||||
266,000 | 8,000 | 189,000 | 53,000 | 286,000 | 38,000 | 16,540 | 122,690 | 23,773 | 17,101 | 16,027 | 341,694 |
Cash received from investments | |||||||||||
29,000 | 50,000 | 0 | 0 | - | 50,000 | 100,000 | 125,000 | 145,250 | 60,330 | 120 | - |
Cash paid for investments | |||||||||||
11,000 | 17,000 | 50,000 | 0 | 0 | - | - | 120,000 | 110,000 | 250,250 | 450 | - |
Cash received from divestitures and exchanges | |||||||||||
41,000 | 24,000 | 21,000 | 21,000 | 317,000 | 180,000 | 811,120 | 49,932 | - | - | - | - |
Federal Communications Commission deposit | |||||||||||
- | - | - | 143,000 | 0 | 60,000 | - | - | - | - | - | - |
Other investing activities | |||||||||||
7,000 | 1,000 | 0 | 0 | - | -2,000 | 3,969 | 2,453 | -718 | 953 | -1,614 | 271 |
Net cash used in investing activities | |||||||||||
-864,000 | -464,000 | -683,000 | -618,000 | -550,000 | -471,000 | 172,749 | -896,611 | -759,603 | -777,297 | -545,462 | -904,027 |
Cash flows from financing activities | |||||||||||
Issuance of long-term debt | |||||||||||
- | - | - | - | 525,000 | 275,000 | - | - | 342,000 | - | - | - |
Repayment of long-term debt | |||||||||||
116,000 | 19,000 | 14,000 | 11,000 | - | - | - | - | 330,338 | 316 | 140,236 | 3,039 |
Repayment of borrowing under revolving credit facility | |||||||||||
- | - | - | - | - | 150,000 | - | - | - | - | - | 100,000 |
Borrowing under revolving credit facility | |||||||||||
- | - | - | - | - | 150,000 | - | - | - | - | - | 100,000 |
Common shares reissued for benefit plans, net of tax payments | |||||||||||
-9,000 | 18,000 | 1,000 | 6,000 | 2,000 | 1,000 | 5,784 | -2,205 | 1,935 | 509 | -82 | -2,288 |
Repurchase of Common Shares | |||||||||||
21,000 | 0 | 0 | 5,000 | 6,000 | 19,000 | 18,544 | 20,045 | 62,294 | 52,827 | 33,585 | 28,366 |
Excess tax benefit from stock awards | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,151 |
Payment of debt issuance costs | |||||||||||
- | - | - | - | 13,000 | 10,000 | 23 | 514 | 11,400 | 2,229 | 4,421 | - |
Acquisition of assets in common control transaction | |||||||||||
- | - | - | - | 2,000 | 76,000 | - | - | - | - | - | - |
Dividends paid | |||||||||||
- | - | - | - | - | - | 482,270 | - | - | - | - | - |
Distributions to noncontrolling interests | |||||||||||
4,000 | 6,000 | 4,000 | 1,000 | 6,000 | 3,000 | 3,766 | 22,970 | 21,094 | 19,631 | 18,426 | 19,676 |
Payments to acquire additional interest in subsidiaries | |||||||||||
- | - | - | - | 2,000 | - | 1,005 | 3,167 | - | 8,786 | 285 | - |
Other financing activities | |||||||||||
-2,000 | -7,000 | -3,000 | -1,000 | -1,000 | 1,000 | -115 | 424 | 172 | 114 | 93 | -69 |
Net cash used in financing activities | |||||||||||
-152,000 | -14,000 | -20,000 | -12,000 | 497,000 | 169,000 | -499,939 | -48,477 | -81,019 | -83,166 | -196,942 | -52,287 |
Net increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
-292,000 | 231,000 | -234,000 | -129,000 | 502,000 | -130,000 | -36,293 | -45,797 | 147,240 | -26,076 | 129,405 | -33,537 |