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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 998,001 $ 77,448
Total income from discontinued operations, net of tax 986,364 76,422
Income from continuing operations 11,637 1,026
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 40,193 35,522
Amortization 620 488
Accretion of asset retirement obligations 298 247
Bad debt expense 755 514
Stock based compensation expense, net of amount capitalized 1,953 5,306
Deferred income taxes 4,384 (279)
Gain from patronage and investments (438) (596)
Amortization of long-term debt issuance costs 109 0
Changes in assets and liabilities:    
Accounts receivable (1,195) (1,189)
Current income taxes (6,870) (261)
Operating lease right-of-use assets 2,631 2,966
Other assets (8,841) (4,122)
Accounts payable (5,626) (276)
Lease liabilities (2,845) (1,890)
Other deferrals and accruals (5,193) 7,344
Net cash provided by operating activities - continuing operations 31,572 44,800
Net cash provided by operating activities - discontinued operations 121,067 182,499
Net cash provided by operating activities 152,639 227,299
Cash flows from investing activities:    
Capital expenditures (118,800) (82,740)
Cash disbursed for deposit on FCC spectrum leases 0 (16,118)
Proceeds from sale of assets and other 200 252
Net cash used in investing activities - continuing operations (118,600) (98,606)
Net cash provided by investing activities - discontinued operations 1,944,063 (17,794)
Net cash provided by (used in) investing activities 1,825,463 (116,400)
Cash flows from financing activities:    
Payments for debt issuance costs (841) 0
Dividends paid, net of dividends reinvested (936,850) 0
Taxes paid for equity award issuances (1,627) (2,182)
Payments for financing arrangements and other (1,081) (727)
Net cash used in financing activities - continuing operations (940,399) (2,909)
Net cash used in financing activities - discontinued operations (700,556) (25,591)
Net cash used in financing activities (1,640,955) (28,500)
Net increase in cash and cash equivalents 337,147 82,399
Cash and cash equivalents, beginning of period 195,397 101,651
Cash and cash equivalents, end of period $ 532,544 $ 184,050