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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
11 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2010
Successor Company
Dec. 31, 2011
Successor Company
Jan. 31, 2010
Predecessor Company
Dec. 31, 2009
Predecessor Company
Cash Flows from Operating Activities        
Net income (loss) $ (923,592) $ (518,964) $ 6,920,009 $ (6,453,293)
Reconciliation of net income (loss) to net cash provided by operating activities:        
Impairment charges 1,159,266 801,074 0 7,337,775
Depreciation and amortization 217,679 251,764 20,161 578,840
Deferred income tax provision (benefit) (617,606) (108,708) 916,921 (913,872)
Reduction in goodwill 158,427 0 0 0
Restructuring expenses 17,858 25,019 0 1,271
Provision for bad debts 16,364 52,296 7,822 146,553
Gain on sale of assets 0 (13,437) 0 0
Stock-based compensation expense 4,489 4,842 613 11,393
Change in fair value of interest rate swaps and interest rate caps 8,195 (3,368) 2,298 10,480
Other items, net 24,118 4,292 (2,762) 25,071
Non-cash reorganization items, net 0 0 (7,830,144) 17,576
Changes in assets and liabilities:        
Decrease in accounts receivable 62,171 17,211 19,847 54,688
Decrease (increase) in other assets (142,325) 37,953 10,690 39,150
(Decrease) increase in accounts payable and accrued liabilities (4,999) (27,905) 9,611 8,968
(Decrease) increase in deferred directory revenue 701,602 (78,466) (36,773) (226,307)
(Decrease) increase in other non-current liabilities (169,288) (30,289) 33,448 (122,471)
Net cash provided by operating activities 512,359 413,314 71,741 515,822
Cash Flows from Investing Activities        
Additions to fixed assets and computer software (36,527) (28,085) (1,766) (33,385)
Proceeds from sale of assets 926 15,553 0 0
Net cash used in investing activities (35,601) (12,532) (1,766) (33,385)
Cash Flows from Financing Activities        
Credit facilities repayments (556,637) (254,635) (511,272) (290,071)
Revolver borrowings 0 0 0 361,000
Revolver repayments 0 0 0 (18,749)
Debt issuance costs and other financing items, net (1,233) 497 (22,096) 0
(Decrease) increase in checks not yet presented for payment 9,509 (16,557) (3,092) 124
Net cash (used in) provided by financing activities (548,361) (270,695) (536,460) 52,304
Increase (decrease) in cash and cash equivalents (71,603) 130,087 (466,485) 534,741
Cash and cash equivalents, beginning of period 199,455 127,852 665,940 131,199
Cash and cash equivalents, end of period 127,852 257,939 199,455 665,940
Supplemental Information:        
Cash interest, net 182,176 204,137 15,460 388,112
Cash income taxes, net $ 311 $ 11,009 $ 0 $ 7,873