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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 139$ 110
Adjustments to reconcile net income to net cash used in operating activities  
Depreciation and amortization2,7402,839
Amortization of deferred financing costs8858
Loss on disposal of equipment 36
Stock-based compensation expense1911,556
Bad debt expense229153
Equity income, net of distributions in 2011 and 2010 of $1,555 and and $3,630, respectively(1,484)(2,399)
Gain on sale of equity investment in EyakTek, net of transaction costs in 2011 and 2010 of $640 and $0, respectively(7,278) 
Deferred tax expense (benefit)101(2,894)
Changes in operating assets and liabilities, net of acquisition:  
Accounts receivable55,52412,854
Inventory3,399(5,725)
Other assets4,1896,753
Accounts payable2,869(21,669)
Accrued liabilities(194)(1,909)
Other liabilities(558)1,097
Net cash provided by (used in) operating activities59,955(9,140)
CASH FLOWS FROM INVESTING ACTIVITIES:  
Purchase of depreciable assets(199)(295)
Sale of equity investment in EyakTek20,000 
Acquisition of InSysCo, net of cash acquired(12,004) 
Net cash provided by (used in) investing activities7,797(295)
CASH FLOWS FROM FINANCING ACTIVITES:  
(Payments) Borrowings under non-interest bearing floor plan financing, net(14,881)19,804
Payments of deferred financing costs(509) 
Proceeds from exercise of Stock Options 123
Proceeds from issuance of stock from ESPP plan81160
Shares withheld from minimum tax withholding on vested restricted stock awards(27)(113)
Repurchase of common stock(115)(894)
Excess tax benefit from stock awards (253)
Net cash (used in) provided by financing activities(15,451)18,827
NET INCREASE IN CASH52,3019,392
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD4,0497,894
CASH AND CASH EQUIVALENTS, END OF PERIOD$ 56,350$ 17,286