Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (24,321) $ (16,376)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, dealer network and other intangible assets 126,667 125,041
Depreciation 4,781 4,581
Stock-based compensation 829 896
Deferred income tax expense 2,050 1,691
Long-term debt amortization 643 531
Gain on disposal of operating assets (3) (69)
Refinancing expense 4,468 0
Other non-cash activity, net 9,454 5,693
Changes in assets and liabilities:    
Trade receivables (4,440) (3,967)
Prepaid expenses and other assets (2,642) 391
Payables and other liabilities (6,185) (4,055)
Net cash provided by operating activities 111,301 114,357
Cash flows from investing activities:    
Capital expenditures (8,165) (3,212)
Cost of subscriber accounts acquired (129,544) (126,640)
Cash paid for acquisition, net of cash acquired (56,343) 0
Increase in restricted cash (35) (72)
Proceeds from the disposal of operating assets 3 241
Other investing activities 0 (347)
Net cash used in investing activities (194,084) (130,030)
Cash flows from financing activities:    
Proceeds from long-term debt 674,050 75,200
Payments on long-term debt (605,990) (57,783)
Payments of financing costs (6,232) 0
Contribution from Ascent Capital 22,690 0
Net cash provided by financing activities 84,518 17,417
Net increase in cash and cash equivalents 1,735 1,744
Cash and cash equivalents at beginning of period 1,953 4,355
Cash and cash equivalents at end of period 3,688 6,099
Supplemental cash flow information:    
State taxes paid 3,485 2,658
Interest paid $ 57,952 $ 54,869