XML 58 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 4,429 $ (12,515)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 15,571 15,768
Amortization of debt issuance costs 1,035 1,959
Impairment on long-lived assets 1,536 1,325
Loss on extinguishment of debt 4,961  
Stock-based compensation 1,101 1,188
Loss from unconsolidated affiliates 992 304
Other 205 318
Write-off of note receivable   750
Loss (gain) on sale of property and equipment 124 (173)
Distributions from unconsolidated affiliates 206 205
Changes in operating assets and liabilities:    
Accounts receivable and inventories (737) (1,530)
Screenvision receivable   30,000
Prepaid expenses and other assets 209 (246)
Accounts payable (5,761) 759
Accrued expenses and other liabilities 2,258 3,292
Net cash provided by operating activities 26,129 41,404
Cash flows from investing activities:    
Purchases of property and equipment (10,626) (6,248)
Release of restricted cash 314 279
Theatre acquisition (702)  
Proceeds from sale of property and equipment 700 444
Net cash used in investing activities (10,314) (5,525)
Debt activities:    
Short-term borrowings 5,000  
Repayment of short-term borrowings (5,000)  
Issuance of long-term debt 209,500  
Repayments of long-term debt (200,229) (26,161)
Debt issuance costs (8,599) (588)
Repayments of capital lease and long-term financing obligations (900) (962)
Issuance of common stock 56,633  
Purchase of treasury stock (57)  
Net cash provided by (used in) financing activities 56,348 (27,711)
Increase in cash and cash equivalents 72,163 8,168
Cash and cash equivalents at beginning of period 13,616 13,066
Cash and cash equivalents at end of period 85,779 21,234
Cash paid during the period for:    
Interest 12,913 16,631
Income taxes 2,789 6,122
Non-cash investing and financing activities:    
Non-cash purchase of property and equipment $ 516 $ 2,865