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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 90,340 $ 7,774 $ 20,297
Reconciling items:      
Depreciation 185,376 149,634 139,288
Amortization 201,153 222,567 179,296
Amortization of non-recoupable ticketing contract advances 80,087 83,334 85,067
Deferred income tax benefit (6,247) (71,539) (7,891)
Amortization of debt issuance costs, discounts and premium, net 20,219 13,174 12,594
Provision for uncollectible accounts receivable and advances 26,321 20,295 21,681
Loss on extinguishment of debt 2,471 1,048 14,049
Non-cash compensation expense 45,582 42,755 32,723
Unrealized changes in fair value of contingent consideration 14,125 18,011 (5,715)
Loss (gain) on disposal of operating assets 10,369 (969) 124
Equity in losses (earnings) of nonconsolidated affiliates, net of distributions 11,693 6,898 27,498
Other, net (6,231) 1,035 (3,711)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Increase in accounts receivable (135,429) (133,020) (146,128)
Increase in prepaid expenses and other assets (266,241) (238,549) (128,499)
Increase in accounts payable, accrued expenses and other liabilities 323,459 474,301 193,775
Increase in deferred revenue 344,539 26,773 164,291
Net cash provided by operating activities 941,586 623,522 598,739
CASH FLOWS FROM INVESTING ACTIVITIES      
Advances of notes receivable (90,705) (19,120) (17,227)
Collections of notes receivable 33,914 9,657 8,054
Investments made in nonconsolidated affiliates (46,497) (25,170) (28,922)
Purchases of property, plant and equipment (239,833) (238,435) (173,827)
Cash paid for acquisitions, net of cash acquired (120,228) (47,946) (211,624)
Purchases of intangible assets (35,630) (10,977) (6,234)
Other, net 2,070 4,405 3,303
Net cash used in investing activities (496,909) (327,586) (426,477)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from long-term debt, net of debt issuance costs 858,667 60,912 844,451
Payments on long-term debt including extinguishment costs (400,396) (110,855) (606,831)
Contributions from noncontrolling interests 4,900 10,671 88
Distributions to noncontrolling interests (59,187) (46,036) (55,131)
Purchases and sales of noncontrolling interests, net (159,634) (71,509) (69,106)
Proceeds from exercise of stock options 22,568 51,069 20,299
Taxes paid for net share settlement of equity awards (55,005) (5,452) (4,107)
Payments for deferred and contingent consideration (18,784) (15,883) (20,539)
Other, net (4,345) 0 (9,912)
Net cash provided by (used in) financing activities 188,784 (127,083) 99,212
Effect of exchange rate changes on cash, cash equivalents and restricted cash (84,080) 130,394 (46,759)
Net increase in cash, cash equivalents and restricted cash 549,381 299,247 224,715
Cash, cash equivalents and restricted cash at beginning of period 1,828,822 1,529,575 1,304,860
Cash, cash equivalents and restricted cash at end of period 2,378,203 1,828,822 1,529,575
Cash paid during the year for:      
Interest, net of interest income 100,278 87,111 96,678
Income taxes, net of refunds $ 60,016 $ 44,871 $ 30,312

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