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, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net loss $ (7,369) $ (12,620)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, dealer network and other intangible assets 146,059 118,245
Depreciation 5,119 3,990
Stock based compensation 1,125 969
Deferred income tax expense 731 333
Unrealized gain on derivative financial instruments   (6,793)
Refinancing expense   6,245
Long-term debt amortization 623 4,285
Other non-cash activity, net 7,725 6,145
Changes in assets and liabilities:    
Trade receivables (6,394) (4,464)
Prepaid expenses and other assets 1,514 (1,855)
Payables and other liabilities 20,745 17,162
Net cash provided by operating activities 169,878 131,642
Cash flows from investing activities:    
Capital expenditures (6,303) (3,387)
Purchases of subscriber accounts (174,527) (128,407)
Cash paid for acquisition, net of cash acquired (479,795)  
Proceeds from sale of operating assets 2  
Decrease (increase) in restricted cash (40) 51,420
Net cash used in investing activities (660,663) (80,374)
Cash flows from financing activities:    
Proceeds from long-term debt 591,375 998,100
Payments of long-term debt (85,455) (979,650)
Payments of deferred financing costs and refinancing costs (8,122) (44,239)
Contribution from Ascent Capital 20,000  
Dividend to Ascent Capital (1,000) (1,000)
Net cash provided by (used in) financing activities 516,798 (26,789)
Net increase in cash and cash equivalents 26,013 24,479
Cash and cash equivalents at beginning of period 3,433 2,110
Cash and cash equivalents at end of period 29,446 26,589
Supplemental cash flow information:    
State taxes paid 2,350 2,116
Interest paid $ 49,323 $ 23,148