Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net loss $ (24,708) $ (2,546)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, dealer network and other intangible assets 189,382 146,059
Depreciation 6,827 5,119
Stock-based compensation 1,407 1,125
Deferred income tax expense (benefit) 2,652 (4,092)
Long-term debt amortization 803 623
Gain on disposal of operating assets, net (69) (2)
Other non-cash activity, net 8,726 7,727
Changes in assets and liabilities:    
Trade receivables (6,657) (6,394)
Prepaid expenses and other assets (317) 1,514
Payables and other liabilities 7,672 20,745
Net cash provided by operating activities 185,718 169,878
Cash flows from investing activities:    
Capital expenditures (5,035) (6,303)
Cost of subscriber accounts acquired (202,429) (174,527)
Cash paid for acquisition, net of cash acquired 0 (479,795)
Increase in restricted cash (51) (40)
Proceeds from disposal of operating assets 241 2
Other investing activities (436) 0
Net cash used in investing activities (207,710) (660,663)
Cash flows from financing activities:    
Proceeds from long-term debt 139,500 591,375
Payments on long-term debt (88,774) (85,455)
Payments of financing costs 0 (8,122)
Contribution from Ascent Capital 0 20,000
Dividend to Ascent Capital (1,000) (1,000)
Net cash provided by financing activities 49,726 516,798
Net increase in cash and cash equivalents 27,734 26,013
Cash and cash equivalents at beginning of period 4,355 3,433
Cash and cash equivalents at end of period 32,089 29,446
Supplemental cash flow information:    
State taxes paid 2,660 2,350
Interest paid $ 72,188 $ 49,323