v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (821,506) $ 60,879
Reconciling items:    
Depreciation 122,825 106,015
Amortization 122,022 96,723
Amortization of non-recoupable ticketing contract advances 32,126 34,267
Deferred income tax benefit (12,316) (456)
Amortization of debt issuance costs and discounts 14,856 10,828
Non-cash compensation expense 50,270 24,926
Unrealized changes in fair value of contingent consideration (24,789) 5,821
Provision for uncollectible accounts receivable 25,764 5,615
Other, net (2,609) 922
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Decrease (increase) in accounts receivable 363,079 (256,575)
Increase in prepaid expenses and other assets (50,493) (380,285)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (807,552) 5,880
Increase in deferred revenue 597,963 578,763
Net cash provided by (used in) operating activities (390,360) 293,323
CASH FLOWS FROM INVESTING ACTIVITIES    
Advances of notes receivable (11,457) (13,931)
Collections of notes receivable 12,782 5,337
Investments made in nonconsolidated affiliates (8,150) (28,931)
Purchases of property, plant and equipment (142,509) (135,940)
Cash paid for acquisitions, net of cash acquired (37,471) (87,595)
Purchases of intangible assets (5,594) (20,614)
Other, net 1,758 20
Net cash used in investing activities (190,641) (281,654)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 1,602,097 558
Payments on long-term debt (11,087) (21,933)
Distributions to noncontrolling interests (26,315) (63,373)
Purchases and sales of noncontrolling interests, net (88,191) (1,463)
Proceeds from exercise of stock options 11,406 10,199
Taxes paid for net share settlement of equity awards (17,339) (10,259)
Payments of Merger Related Costs, Financing Activities (9,940) (19,962)
Other, net 1,467 8,323
Net cash provided by (used in) financing activities 1,462,098 (97,910)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (54,974) (6,983)
Net increase (decrease) in cash, cash equivalents, and restricted cash 826,123 (93,224)
Cash, cash equivalents, and restricted cash at beginning of period 2,474,242 2,378,203
Cash, cash equivalents, and restricted cash at end of period $ 3,300,365 $ 2,284,979

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