Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net loss $ (8,334)us-gaap_NetIncomeLoss $ (7,851)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 63,141us-gaap_AmortizationOfIntangibleAssets 61,780us-gaap_AmortizationOfIntangibleAssets
Depreciation 2,297us-gaap_Depreciation 2,383us-gaap_Depreciation
Stock-based compensation 374us-gaap_ShareBasedCompensation 414us-gaap_ShareBasedCompensation
Deferred income tax expense 1,021mtii_DeferredIncomeTaxNoncashExpenseBenefit 877mtii_DeferredIncomeTaxNoncashExpenseBenefit
Long-term debt amortization 283us-gaap_AmortizationOfDebtDiscountPremium 263us-gaap_AmortizationOfDebtDiscountPremium
Gain on disposal of operating assets (3)us-gaap_GainLossOnDispositionOfAssets 0us-gaap_GainLossOnDispositionOfAssets
Other non-cash activity, net 3,904us-gaap_OtherNoncashIncomeExpense 2,872us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities:    
Trade receivables (2,265)us-gaap_IncreaseDecreaseInAccountsReceivable (2,719)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other assets (778)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (793)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Payables and other liabilities 4,416us-gaap_IncreaseDecreaseInOperatingLiabilities 9,985us-gaap_IncreaseDecreaseInOperatingLiabilities
Net cash provided by operating activities 64,056us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 67,211us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Capital expenditures (2,728)us-gaap_PaymentsToAcquireProductiveAssets (1,938)us-gaap_PaymentsToAcquireProductiveAssets
Cost of subscriber accounts acquired (61,053)mtii_PaymentsToAcquireSubscriberAccounts (53,789)mtii_PaymentsToAcquireSubscriberAccounts
Cash paid for acquisition, net of cash acquired (56,343)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Increase in restricted cash (105)us-gaap_IncreaseDecreaseInRestrictedCash (79)us-gaap_IncreaseDecreaseInRestrictedCash
Proceeds from the disposal of operating assets 3us-gaap_ProceedsFromSaleOfProductiveAssets 0us-gaap_ProceedsFromSaleOfProductiveAssets
Other investing activities 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities (25)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (120,226)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (55,831)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Proceeds from long-term debt 91,400us-gaap_ProceedsFromIssuanceOfLongTermDebt 42,900us-gaap_ProceedsFromIssuanceOfLongTermDebt
Payments on long-term debt (33,892)us-gaap_RepaymentsOfLongTermDebt (27,192)us-gaap_RepaymentsOfLongTermDebt
Payments of financing costs (551)us-gaap_PaymentsOfFinancingCosts 0us-gaap_PaymentsOfFinancingCosts
Contribution from Ascent Capital 22,690us-gaap_ProceedsFromContributionsFromParent 0us-gaap_ProceedsFromContributionsFromParent
Net cash provided by financing activities 79,647us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 15,708us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase in cash and cash equivalents 23,477us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 27,088us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,953us-gaap_CashAndCashEquivalentsAtCarryingValue 4,355us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 25,430us-gaap_CashAndCashEquivalentsAtCarryingValue 31,443us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:    
State taxes paid 0us-gaap_IncomeTaxesPaid 6us-gaap_IncomeTaxesPaid
Interest paid $ 17,554us-gaap_InterestPaid $ 11,963us-gaap_InterestPaid