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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 (loss) $ 3,302 $ (69,431)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization (other than multi-client library) 7,476 15,766
Amortization of multi-client library 36,748 18,858
Stock-based compensation expense related to stock options, nonvested stock and employee stock purchases 3,727 3,343
Amortization of debt discount   8,656
Write-off of unamortized debt issuance costs   10,121
Fair value adjustment of warrant   (12,788)
Loss on disposition of land division   38,115
Equity in losses of INOVA Geophysical 5,033 179
Deferred income taxes (8,192) 8,250
Change in operating assets and liabilities:    
Accounts receivable 11,422 31,088
Unbilled receivables 25,284 (8,183)
Inventories (22,051) 1,153
Accounts payable, accrued expenses and accrued royalties (15,847) (23,568)
Deferred revenue 16,630 1,768
Other assets and liabilities (2,720) (3,755)
Net cash provided by operating activities 60,812 19,572
Cash flows from investing activities:    
Purchase of property, plant and equipment (7,240) (2,056)
Investment in multi-client data library (46,102) (21,226)
Purchase of short-term investments (80,000)  
Proceeds from sale of short-term investments 41,000  
Investment in a convertible note (6,500)  
Proceeds from disposition of land division, net of fees paid   99,790
Advances to INOVA Geophysical   (6,500)
Other investing activities 50 (1,272)
Net cash provided by (used in) investing activities (98,792) 68,736
Cash flows from financing activities:    
Borrowings under revolving line of credit   85,000
Repayments under revolving line of credit   (174,429)
Net proceeds from the issuance of debt   105,695
Net proceeds from the issuance of stock   38,039
Payments on notes payable and long-term debt (3,388) (142,047)
Payment of preferred dividends (676) (1,260)
Contribution from noncontrolling interest 307  
Proceeds from exercise of stock options 12,931  
Other financing activities (40) (78)
Net cash provided by (used in) financing activities 9,134 (89,080)
Effect of change in foreign currency exchange rates on cash and cash equivalents 380 843
Net increase (decrease) in cash and cash equivalents (28,466) 71
Cash and cash equivalents at beginning of period 84,419 16,217
Cash and cash equivalents at end of period 55,953 16,288
Non-cash items from investing and financing activities:    
Transfer of inventory to rental equipment 2,978  
Reduction in multi-client data library related to finalization of accrued liabilities 1,888  
Expiration of BGP Warrant   32,001
Conversion of BGP Domestic Convertible Note to equity   28,571
Investment in INOVA Geophysical   119,000
Exchange of RXT receivables into shares   $ 9,516