Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (301,839) $ (96,653)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets 160,973 178,896
Depreciation 8,360 6,415
Stock-based and long-term incentive compensation 751 2,759
Deferred income tax expense 1,987 3,158
Legal settlement reserve 0 23,000
Refinancing expense 5,697 0
Amortization of debt discount and deferred debt costs 5,472 5,065
Bad debt expense 8,511 7,888
Loss on goodwill impairment 214,400 0
Other non-cash activity, net 2,040 4,659
Changes in assets and liabilities:    
Trade receivables (9,028) (7,225)
Prepaid expenses and other assets (9,769) (1,453)
Subscriber accounts - deferred contract acquisition costs (4,529) (2,299)
Payables and other liabilities (8,568) 3,017
Net cash provided by operating activities 74,458 127,227
Cash flows from investing activities:    
Capital expenditures (11,513) (9,999)
Cost of subscriber accounts acquired (111,531) (119,081)
Net cash used in investing activities (123,044) (129,080)
Cash flows from financing activities:    
Proceeds from long-term debt 218,950 159,850
Payments on long-term debt (136,600) (132,500)
Payments of financing costs (5,015) 0
Value of shares withheld for share-based compensation (83) (424)
Dividend to Ascent Capital (5,000) 0
Net cash provided by financing activities 72,252 26,926
Net increase in cash, cash equivalents and restricted cash 23,666 25,073
Cash, cash equivalents and restricted cash at beginning of period 3,302 3,177
Cash, cash equivalents and restricted cash at end of period 26,968 28,250
Supplemental cash flow information:    
State taxes paid, net 2,710 3,107
Interest paid 95,889 90,637
Accrued capital expenditures $ 882 $ 386