v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (55,241) $ (41,028)
Reconciling items:    
Depreciation 51,672 42,137
Amortization 47,240 45,734
Amortization of non-recoupable ticketing contract advances 17,237 19,945
Non-cash compensation expense 13,205 10,870
Other, net 3,150 6,166
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable (90,637) (53,080)
Increase in prepaid expenses and other assets (312,032) (405,036)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (44,915) 52,318
Increase in deferred revenue 839,371 1,097,472
Net cash provided by operating activities 469,050 775,498
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (57,136) (45,125)
Cash paid for acquisitions, net of cash acquired (9,882) (20,222)
Purchases of intangible assets (9,000) (25,914)
Other, net (8,852) 2,535
Net cash used in investing activities (84,870) (88,726)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 557 856,660
Payments on long-term debt (13,573) (321,850)
Distributions to noncontrolling interests (49,884) (19,523)
Purchases and sales of noncontrolling interests, net (1,463) (104,233)
Payments for deferred and contingent consideration (5,500) (11,780)
Other, net (1,628) 4,876
Net cash provided by (used in) financing activities (71,491) 404,150
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6,700) 29,039
Net increase in cash, cash equivalents and restricted cash 305,989 1,119,961
Cash, cash equivalents and restricted cash at beginning of period 2,378,203 1,828,822
Cash, cash equivalents and restricted cash at end of period $ 2,684,192 $ 2,948,783

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