XML 58 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities:    
Net income $ 53,780 $ 6,028
Amounts to reconcile net income to net cash flows provided by operating activities:    
Income from discontinued operations, net of taxes (10) (21)
Impairment and other charges 132  
Provision (benefit) for deferred income taxes (67,107) 4,479
Depreciation and amortization 32,009 32,434
Amortization of deferred financing costs 1,165 1,212
Amortization of discount on convertible notes 3,593 3,307
Write-off of deferred financing costs related to senior notes 544  
Stock-based compensation expense 2,680 2,356
Excess tax benefit from stock-based compensation (212)  
Changes in:    
Trade receivables (5,402) (21,036)
Interest receivable 475 551
Accounts payable and accrued liabilities (74,405) (18,728)
Other assets and liabilities 5,847 3,320
Net cash flows provided by (used in) operating activities - continuing operations (46,911) 13,902
Net cash flows provided by operating activities - discontinued operations 49 13
Net cash flows provided by (used in) operating activities (46,862) 13,915
Cash Flows from Investing Activities:    
Purchases of property and equipment (10,139) (29,734)
Collection of notes receivable   2,870
Other investing activities (715) 378
Net cash flows used in investing activities - continuing operations (10,854) (26,486)
Net cash flows used in investing activities - discontinued operations      
Net cash flows used in investing activities (10,854) (26,486)
Cash Flows from Financing Activities:    
Net borrowings (repayments) under credit facility 209,000 (15,000)
Early redemption of senior notes (152,180)  
Deferred financing costs paid (22)  
Repurchase of Company stock for retirement (55,676)  
Proceeds from exercise of stock option and purchase plans 4,255 3,232
Excess tax benefit from stock-based compensation 212  
Other financing activities, net (195) (187)
Net cash flows provided by (used in) financing activities - continuing operations 5,394 (11,955)
Net cash flows provided by financing activities - discontinued operations      
Net cash flows provided by (used in) financing activities 5,394 (11,955)
Net change in cash and cash equivalents (52,322) (24,526)
Cash and cash equivalents - unrestricted, beginning of period 97,170 44,388
Cash and cash equivalents - unrestricted, end of period $ 44,848 $ 19,862