Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (30,097) $ (64,187)
Reconciling items:    
Depreciation 30,619 30,328
Amortization 51,969 51,837
Deferred income tax benefit (8,729) (3,229)
Amortization of debt issuance costs and discount/premium, net 4,737 5,170
Non-cash compensation expense 10,018 6,305
Loss (gain) on disposal of operating assets 506 (3,597)
Equity in earnings of nonconsolidated affiliates (2,806) (2,582)
Other, net (2,336) 691
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable (77,980) (63,146)
Increase in prepaid expenses (137,308) (180,243)
Increase in other assets (47,784) (32,474)
Increase in accounts payable, accrued expenses and other liabilities 43,550 21,773
Increase in deferred revenue 531,338 503,814
Net cash provided by operating activities 365,697 270,460
CASH FLOWS FROM INVESTING ACTIVITIES    
Distributions from nonconsolidated affiliates 911 1,767
Investments made in nonconsolidated affiliates (823) (1,963)
Purchases of property, plant and equipment (24,523) (25,670)
Proceeds from disposal of operating assets, net of cash divested (539) 8,100
Cash paid for acquisitions, net of cash acquired (11,634) (339)
Purchases of intangible assets (75) (17)
Other, net 60 (514)
Net cash used in investing activities (36,623) (18,636)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 43 89,267
Payments on long-term debt (6,547) (96,674)
Contributions from noncontrolling interests 81 267
Distributions to noncontrolling interests (4,195) (1,221)
Purchases and sales of noncontrolling interests, net (102) 0
Proceeds from exercise of stock options 7,919 22,332
Payments for deferred and contingent consideration (1,951) (750)
Net cash (used in) provided by financing activities (4,752) 13,221
Effect of exchange rate changes on cash and cash equivalents 5,636 (19,685)
Net increase in cash and cash equivalents 329,958 245,360
Cash and cash equivalents at beginning of period 1,299,184 1,001,055
Cash and cash equivalents at end of period $ 1,629,142 $ 1,246,415