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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 17,460 $ 12,160
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,012 4,908
Amortization of debt issuance costs/discounts 733 603
Loss on early extinguishment of debt 4,366  
Provision for doubtful accounts 644 654
Loss on sale of assets or stations 93 81
Gain on exchange of assets or stations (15,278)  
Fair value adjustment of derivative instruments (2,439) (4,302)
Deferred income taxes 4,299 1,225
Non-cash stock compensation 1,187 460
Changes in assets and liabilities:    
Restricted cash 4 160
Accounts receivable (2,979) (2,223)
Trade receivable (544) (169)
Prepaid expenses and other current assets 487 1,573
Other assets 710 1,769
Accounts payable and accrued expenses 8,011 1,140
Trade payable 504 73
Other liabilities (948) 290
Net cash provided by operating activities 20,322 18,402
Cash flows from investing activities:    
Capital expenditures (1,505) (1,190)
Purchase of intangible assets (170) (230)
Proceeds from sale of assets or stations   196
Net cash used in investing activities (1,675) (1,224)
Cash flows from financing activities:    
Proceeds from issuance of senior notes 610,000  
Repayments of borrowings from bank credit facility (593,754) (21,190)
Tax withholding payments on behalf of employees (666) (184)
Proceeds from exercise of warrants 19  
Deferred financing costs (17,507)  
Net cash used in financing activities (1,908) (21,374)
Increase (decrease) in cash and cash equivalents 16,739 (4,196)
Cash and cash equivalents at beginning of period 12,814 16,224
Cash and cash equivalents at end of period 29,553 12,028
Supplemental disclosures of cash flow information:    
Interest paid 12,214 21,213
Income taxes paid 144 259
Trade revenue 7,611 8,375
Trade expense $ 7,326 $ 8,251