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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities:  
Net income (loss)$ (4,785)$ 85,539
Adjustments to reconcile net income (loss) to net cash used in operating activities:  
Fair value adjustments on convertible debt and warrants(6,968) 
Gain on bankruptcy exit (119,408)
Loss on investment in Front Range 12,146
Loss on extinguishments of debt 2,159
Depreciation and amortization of intangibles9,4905,957
Inventory valuation157136
Amortization of deferred financing fees485360
Noncash compensation1,9781,399
Derivative instruments(334)(1,206)
Bad debt recovery(185)(165)
Equity earnings in Front Range 929
Changes in operating assets and liabilities:  
Accounts receivable(2,204)(13,100)
Inventories(5,280)(786)
Prepaid expenses and other assets(368)(2,367)
Prepaid inventory(3,466)(1,251)
Accounts payable and accrued expenses3,92016,007
Net cash used in operating activities(7,560)(13,651)
Investing Activities:  
Additions to property and equipment(1,459)(333)
Net cash impact of deconsolidation of Front Range (10,486)
Net cash impact of bankruptcy exit (1,301)
Net cash used in investing activities(1,459)(12,120)
Financing Activities:  
Net proceeds from borrowings17,0919,870
Net cash provided by financing activities17,0919,870
Net increase (decrease) in cash and cash equivalents8,072(15,901)
Cash and cash equivalents at beginning of period8,73617,545
Cash and cash equivalents at end of period16,8081,644
Supplemental Information:  
Interest paid8,0473,784
Noncash financing and investing activities:  
Preferred stock dividends accrued9462,346
Debt extinguished with issuance of common stock$ 25,388$ 19,000