Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 123,070 $ 98,523 $ 72,488
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 36,960 39,032 38,537
Stock-based compensation expense 26,401 21,232 11,264
Amortization of cable and satellite distribution fees 850 3,358 3,360
Amortization of debt issuance costs 2,941 2,571 2,556
Loss on disposition of fixed assets 1,684 1,272 682
Deferred income taxes 2,238 (2,808) (6,794)
Bad debt expense 19,758 19,827 18,460
Excess tax benefits from stock-based awards (10,246) (3,112) (301)
Asset impairments 2,976    
Changes in current assets and liabilities:      
Accounts receivable (46,703) (32,699) (36,994)
Inventories (70) (34,917) 42,699
Prepaid expenses and other assets (2,000) 3,645 (5,684)
Accounts payable, accrued expenses and other current liabilities 8,394 17,692 63,288
Net cash provided by operating activities 166,253 133,616 203,561
Cash flows from investing activities:      
Capital expenditures (42,319) (37,508) (41,378)
Net cash used in investing activities (42,319) (37,508) (41,378)
Cash flows from financing activities:      
Repayment of long-term debt (69,841) (30,159) (70,000)
Cash dividends paid (7,384)    
Issuance of common stock, net of withholding taxes (2,585) 15,277 (26)
Repurchases of common stock (26,821)    
Excess tax benefits from stock-based awards 10,246 3,112 301
Net cash used in financing activities (96,385) (11,770) (69,725)
Net increase in cash and cash equivalents 27,549 84,338 92,458
Cash and cash equivalents at beginning of period 354,259 269,921 177,463
Cash and cash equivalents at end of period $ 381,808 $ 354,259 $ 269,921