v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) including noncontrolling interests $ (36,929) $ 74,859
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 38,243 47,372
Share-based compensation expenses 13,590 13,800
Non-cash restructuring and other related charges 0 5,320
Amortization of program rights 415,429 409,631
Amortization of deferred carriage fees 5,301 13,771
Unrealized foreign currency transaction (gain) loss 7,886 (14,861)
Amortization of deferred financing costs and discounts on indebtedness 4,243 3,935
(Gain) loss on extinguishment of debt, net 3,784 (25,745)
Deferred income taxes 21,899 (11,156)
Other, net (3,667) (6,233)
Changes in assets and liabilities:    
Accounts receivable, trade (including amounts due from related parties, net) 24,932 16,506
Prepaid expenses and other assets (9,958) 38,407
Program rights and obligations, net (343,056) (331,534)
Deferred revenue 2,425 7,567
Accounts payable, accrued liabilities and other liabilities (19,463) (30,043)
Net cash provided by operating activities 124,659 211,596
Cash flows from investing activities:    
Capital expenditures (16,577) (21,670)
Other investing activities, net (734) (690)
Net cash used in investing activities (17,311) (22,360)
Cash flows from financing activities:    
Payments on Term Loan A Facility (82,890) (36,250)
Payments for financing costs (2,000) (763)
Deemed repurchases of restricted stock units (7,098) (4,044)
Purchase of treasury stock (30,000) (10,329)
Principal payments on finance lease obligations (1,853) (2,439)
Net cash used in financing activities (138,245) (126,230)
Net increase (decrease) in cash and cash equivalents from operations (30,897) 63,006
Effect of exchange rate changes on cash and cash equivalents (7,486) 18,752
Cash and cash equivalents at beginning of period 502,379 784,649
Cash and cash equivalents at end of period 463,996 866,407
10.25% Senior Secured Notes due January 2029 | Senior Notes    
Adjustments to reconcile net income (loss) to net cash from operating activities:    
(Gain) loss on extinguishment of debt, net 700  
Cash flows from financing activities:    
Tender and redemption (14,404) 0
4.25% Senior Notes due 2029 | Senior Notes    
Cash flows from financing activities:    
Tender and redemption $ 0 $ (72,405)