Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (59,721) $ (45,735)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Amortization of subscriber accounts, dealer network and other intangible assets 185,415 193,625
Depreciation 6,084 7,498
Stock-based compensation 1,870 1,430
Deferred income tax expense 3,158 3,076
Amortization of debt discount and deferred debt costs 5,312 4,850
Bad debt expense 7,855 7,036
Gain on disposal of operating assets 0 (4)
Refinancing expense 9,348 4,468
Other non-cash activity, net 2,218 3,566
Changes in assets and liabilities:    
Trade receivables (7,906) (7,203)
Prepaid expenses and other assets 99 (4,735)
Subscriber accounts - deferred contract costs (2,080) (1,181)
Payables and other liabilities 7,307 6,546
Net cash provided by operating activities 158,959 173,237
Cash flows from investing activities:    
Capital expenditures (5,071) (10,034)
Cost of subscriber accounts acquired (160,117) (205,050)
Cash paid for acquisition, net of cash acquired 0 (56,778)
Decrease (increase) in restricted cash 55 (42)
Proceeds from the disposal of operating assets 0 4
Net cash used in investing activities (165,133) (271,900)
Cash flows from financing activities:    
Proceeds from long-term debt 1,249,000 749,550
Payments on long-term debt (1,200,009) (640,465)
Payments of financing costs (16,711) (6,477)
Contribution from Ascent Capital 0 22,690
Net cash provided by financing activities 32,280 125,298
Net increase in cash and cash equivalents 26,106 26,635
Cash and cash equivalents at beginning of period 2,580 1,953
Cash and cash equivalents at end of period 28,686 28,588
Supplemental cash flow information:    
State taxes paid, net 2,747 3,491
Interest paid $ 76,411 $ 76,848