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, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities attributable to continuing operations:      
Net income $ 130,675 $ 123,070 $ 98,523
Loss from discounted operations, net of tax 5,822 4,582 1,918
Income from continuing operations 136,497 127,652 100,441
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:      
Depreciation and amortization 38,005 35,822 37,546
Stock-based compensation expense 19,056 26,401 21,232
Loss on debt extinguishment 18,627 0 0
Amortization of cable and satellite distribution fees 0 0 3,358
Amortization of debt issuance costs 1,777 2,941 2,571
Deferred income taxes (2,146) 2,238 (2,809)
Bad debt expense 24,186 19,758 19,827
Excess tax benefits from stock-based awards (19,004) (9,835) (3,112)
Other 764 2,343 1,526
Changes in current assets and liabilities:      
Accounts receivable (51,995) (46,201) (32,593)
Inventories (36,117) (1,385) (35,096)
Prepaid expenses and other assets (3,724) (3,213) 3,388
Accounts payable, accrued expenses and other current liabilities 21,487 8,834 18,693
Net cash provided by operating activities attributable to continuing operations 147,413 165,355 134,972
Cash flows from investing activities attributable to continuing operations:      
Capital expenditures (45,803) (42,069) (37,006)
Acquisition of business, net of cash received (22,875) 0 0
Proceeds from sale of discontinued operations 6,580 0 0
Net cash used in investing activities attributable to continuing operations (62,098) (42,069) (37,006)
Cash flows from financing activities attributable to continuing operations:      
Redemption of Senior Notes (253,500) (69,841) (30,159)
Borrowing under term loan 250,000 0 0
Payments of debt issuance costs (4,607) 0 0
Repurchase of common stock (221,835) (26,821) 0
Cash dividends paid (31,049) (7,384) 0
Proceeds from issuance of common stock 20,688 8,845 18,021
Tax withholdings related to stock-based awards (18,209) (11,430) (2,744)
Excess tax benefits from stock-based awards 19,004 9,835 3,112
Net cash used in financing activities attributable to continuing operations (239,508) (96,796) (11,770)
Total cash (used in) provided by continuing operations (154,193) 26,490 86,196
Cash flows from discontinued operations:      
Net cash (used in) provided by operating activities attributable to discontinued operations (5,361) 1,309 (1,356)
Net cash used in investing activities attributable to discontinued operations (162) (250) (502)
Total cash (used in) provided by discontinued operations (5,523) 1,059 (1,858)
Net (decrease) increase in cash and cash equivalents (159,716) 27,549 84,338
Cash and cash equivalents at beginning of period 381,808 354,259 269,921
Cash and cash equivalents at end of period $ 222,092 $ 381,808 $ 354,259