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, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (267,999) $ (71,117)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets 108,302 119,512
Depreciation 5,480 4,245
Stock-based and long-term incentive compensation 406 1,448
Deferred income tax expense 1,324 2,105
Legal settlement reserve 0 28,000
Amortization of debt discount and deferred debt costs 3,613 3,344
Bad debt expense 5,623 4,987
Loss on goodwill impairment 214,400 0
Other non-cash activity, net 1,463 3,539
Changes in assets and liabilities:    
Trade receivables (5,434) (3,949)
Prepaid expenses and other assets (2,276) 1,042
Subscriber accounts - deferred contract acquisition costs (2,586) (1,547)
Payables and other liabilities 5,181 (10,926)
Net cash provided by operating activities 67,497 80,683
Cash flows from investing activities:    
Capital expenditures (8,928) (5,752)
Cost of subscriber accounts acquired (69,695) (88,287)
Net cash used in investing activities (78,623) (94,039)
Cash flows from financing activities:    
Proceeds from long-term debt 105,300 95,550
Payments on long-term debt (95,200) (82,350)
Value of shares withheld for share-based compensation (69) (194)
Net cash provided by financing activities 10,031 13,006
Net decrease in cash, cash equivalents and restricted cash (1,095) (350)
Cash, cash equivalents and restricted cash at beginning of period 3,302 3,177
Cash, cash equivalents and restricted cash at end of period 2,207 2,827
Supplemental cash flow information:    
State taxes paid, net 2,710 3,105
Interest paid 71,713 69,045
Accrued capital expenditures $ 616 $ 493