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
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (25,866) $ 59,244 $ 31,727
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization expense 181,767 170,285 147,259
Loss on extinguishment of debt 27,700 0 103
Software impairment charge 29,839 0 0
Impairment of equity method investment 12,593 0 0
Unrealized loss on derivative instrument with related party 11,160 0 0
Share-based compensation expense 10,902 8,392 6,638
Deferred income tax expense (benefit) (1,847) 10,029 10,957
Other noncash income and expense items 16,142 9,933 5,128
Change in operating assets and liabilities (8,435) 320 (42,178)
Net cash provided by operating activities 253,955 258,203 159,634
Cash flows from investing activities:      
Purchases of property and equipment (176,235) (176,109) (180,554)
Grant proceeds 14,007 1,136 2,405
Purchases of other assets and intangible assets (13,955) (11,018) (6,027)
Purchase of businesses, net of cash received (12,736) (2,514) (107,600)
Proceeds from the sale of investment 7,551 6,180 0
Note receivable issued to an equity method investee (3,000) 0 0
Restricted cash 65 5,871 23,997
Purchase of investments 0 (25,735) 0
Other (4,760) 49 1,428
Net cash used for investing activities (189,063) (202,140) (266,351)
Cash flows from financing activities:      
Repayment of debt and capital lease obligations (494,982) (118,585) (98,152)
Issuance of 2025 Notes 445,973 0 0
Borrowing on Senior Credit Facility 295,000 89,000 261,000
Purchase of non-controlling interests (282,505) 0 0
Issuance of Searchlight note payable and derivative stock appreciation rights with related party 75,000 0 0
Purchase of treasury stock to be retired (53,774) (6,850) (17,208)
Payment of bond call premium (20,244) 0 0
Payment of debt issuance costs (13,979) (84) (2,990)
Distribution to non-controlling interest (4,932) (50,000) (17,845)
Proceeds from stock option exercises 474 466 622
Borrowing of other long-term debt 203 421 1,770
Net cash provided by (used for) financing activities (53,766) (85,632) 127,197
Net increase (decrease) in cash and cash equivalents 11,126 (29,569) 20,480
Cash and cash equivalents at beginning of period 15,402 44,971 24,491
Cash and cash equivalents at end of period $ 26,528 $ 15,402 $ 44,971