Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net loss $ (29,717)us-gaap_NetIncomeLoss $ (16,687)us-gaap_NetIncomeLoss $ (16,776)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash provided by operating activities:      
Amortization of subscriber accounts, dealer network and other intangible assets 253,403us-gaap_AmortizationOfIntangibleAssets 208,760us-gaap_AmortizationOfIntangibleAssets 163,468us-gaap_AmortizationOfIntangibleAssets
Depreciation 9,019us-gaap_Depreciation 7,327us-gaap_Depreciation 5,286us-gaap_Depreciation
Stock-based compensation 2,068us-gaap_ShareBasedCompensation 1,779us-gaap_ShareBasedCompensation 1,384us-gaap_ShareBasedCompensation
Deferred income tax expense 74mtii_DeferredIncomeTaxNoncashExpenseBenefit 254mtii_DeferredIncomeTaxNoncashExpenseBenefit 421mtii_DeferredIncomeTaxNoncashExpenseBenefit
Gain on disposal of operating assets, net (71)us-gaap_GainLossOnDispositionOfAssets (2)us-gaap_GainLossOnDispositionOfAssets 0us-gaap_GainLossOnDispositionOfAssets
Long-term debt amortization 1,081us-gaap_AmortizationOfDebtDiscountPremium 883us-gaap_AmortizationOfDebtDiscountPremium 4,473us-gaap_AmortizationOfDebtDiscountPremium
Unrealized gain on derivative financial instruments 0us-gaap_UnrealizedGainLossOnDerivatives 0us-gaap_UnrealizedGainLossOnDerivatives (6,793)us-gaap_UnrealizedGainLossOnDerivatives
Refinancing expense 0mtii_RefinancingExpense 0mtii_RefinancingExpense 6,245mtii_RefinancingExpense
Other non-cash activity, net 11,954us-gaap_OtherNoncashIncomeExpense 11,085us-gaap_OtherNoncashIncomeExpense 8,677us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities:      
Trade receivables (8,926)us-gaap_IncreaseDecreaseInAccountsReceivable (8,165)us-gaap_IncreaseDecreaseInAccountsReceivable (5,778)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets (1,306)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 8,361us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (4,289)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Payables and other liabilities (3,713)us-gaap_IncreaseDecreaseInOperatingLiabilities 1,054us-gaap_IncreaseDecreaseInOperatingLiabilities 10,966us-gaap_IncreaseDecreaseInOperatingLiabilities
Net cash provided by operating activities 233,866us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 214,649us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 167,284us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:      
Capital expenditures (7,769)us-gaap_PaymentsToAcquireProductiveAssets (9,925)us-gaap_PaymentsToAcquireProductiveAssets (5,868)us-gaap_PaymentsToAcquireProductiveAssets
Cost of subscriber accounts acquired (268,160)mtii_PaymentsToAcquireSubscriberAccounts (234,914)mtii_PaymentsToAcquireSubscriberAccounts (304,665)mtii_PaymentsToAcquireSubscriberAccounts
Cash paid for acquisition, net of cash acquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (478,738)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Increase in restricted cash 22us-gaap_IncreaseDecreaseInRestrictedCash 2,600us-gaap_IncreaseDecreaseInRestrictedCash 48,780us-gaap_IncreaseDecreaseInRestrictedCash
Proceeds from disposal of operating assets 241us-gaap_ProceedsFromSaleOfProductiveAssets 2us-gaap_ProceedsFromSaleOfProductiveAssets 0us-gaap_ProceedsFromSaleOfProductiveAssets
Other investing activities (436)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (100)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (276,102)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (721,075)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (261,753)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:      
Proceeds from long-term debt 169,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 630,575us-gaap_ProceedsFromIssuanceOfLongTermDebt 1,277,900us-gaap_ProceedsFromIssuanceOfLongTermDebt
Payments on long-term debt (127,166)us-gaap_RepaymentsOfLongTermDebt (133,048)us-gaap_RepaymentsOfLongTermDebt (1,133,387)us-gaap_RepaymentsOfLongTermDebt
Payments of financing costs 0us-gaap_PaymentsOfFinancingCosts (8,179)us-gaap_PaymentsOfFinancingCosts (46,721)us-gaap_PaymentsOfFinancingCosts
Contribution from Ascent Capital 0us-gaap_ProceedsFromContributionsFromParent 20,000us-gaap_ProceedsFromContributionsFromParent 0us-gaap_ProceedsFromContributionsFromParent
Dividend to Ascent Capital (2,000)us-gaap_PaymentsOfDividends (2,000)us-gaap_PaymentsOfDividends (2,000)us-gaap_PaymentsOfDividends
Net cash provided by financing activities 39,834us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 507,348us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 95,792us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase in cash and cash equivalents (2,402)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 922us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,323us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 4,355us-gaap_CashAndCashEquivalentsAtCarryingValue 3,433us-gaap_CashAndCashEquivalentsAtCarryingValue 2,110us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 1,953us-gaap_CashAndCashEquivalentsAtCarryingValue 4,355us-gaap_CashAndCashEquivalentsAtCarryingValue 3,433us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:      
State taxes paid 2,734us-gaap_IncomeTaxesPaid 2,365us-gaap_IncomeTaxesPaid 2,125us-gaap_IncomeTaxesPaid
Interest paid $ 111,409us-gaap_InterestPaid $ 88,250us-gaap_InterestPaid $ 52,327us-gaap_InterestPaid