XML 57 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net income for the period $ 84,130 $ 80,537
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 77,630 93,586
Share-based compensation expense 11,289 6,276
Excess tax benefits on share-based compensation expense (1,081) (611)
Pension expense 539 470
Amortization of debt issuance costs 1,044 1,072
Amortization of deferred charges and credits 5,934 5,858
Loss on sale and write down of property and equipment 15 24
Deferred taxes (3,198) (1,152)
Impairment and other non cash charges 0 0
Changes in operating assets and liabilities:    
Accounts receivable 9,176 20,406
Prepaid expenses and other current assets (4,161) 1,384
Income taxes 2,409 (13,888)
Deferred charges and credits 8,488 (436)
Accounts payable and accrued liabilities (10,595) (20,620)
Deferred revenue (40,134) (36,738)
Other assets (686) 289
Net cash provided by operating activities 140,799 136,457
Cash flows from investing activities:    
Additions of property and equipment (20,228) (9,917)
Purchase of patents (192) 0
Purchase consideration for prior period acquisitions (443) (431)
Other investing activities (974) 0
Net cash used in investing activities (52,425) (326,195)
Cash flows from financing activities:    
Excess tax benefits on share-based compensation expense 1,081 611
Proceeds from issuance of Common Shares 5,429 6,402
Repayment of long-term debt (19,087) (15,338)
Debt issuance costs (273) 0
Payments of dividends to shareholders (35,468) 0
Net cash used in financing activities (48,318) (8,325)
Foreign exchange gain on cash held in foreign currencies 4,853 5,574
Increase (decrease) in cash and cash equivalents during the period 44,909 (192,489)
Cash and cash equivalents at beginning of the period 470,445 559,747
Cash and cash equivalents at end of the period 515,354 367,258
EasyLink Services International Corporation [Member]
    
Cash flows from investing activities:    
Purchase of business, net of cash acquired 0 (315,331)
System Solutions Australia Pty Limited [Member]
    
Cash flows from investing activities:    
Purchase of business, net of cash acquired 0 (516)
Cordys Holding BV [Member]
    
Cash flows from investing activities:    
Purchase of business, net of cash acquired $ (30,588) $ 0