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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net income (loss) $ 6,499 $ (144,681)
Adjustments to reconcile net income (loss) to net cash used in operating activities    
Depreciation and amortization 7,869 8,723
Loss on debt extinguishment 668  
Increase in fair value of warrant   124,852
Stock-based compensation 1,544 1,756
Changes in operating assets and liabilities    
Accounts receivable (32,171) (21,180)
Inventories (84,593) (36,075)
Prepaid expenses and other (143) 2,761
Accounts payable and accrued liabilities 84,493 44,795
Other, net 27 1,288
Net cash used in operating activities (15,807) (17,761)
Cash flows from investing activities    
Capital expenditures (1,451) (755)
Proceeds from the sale of property, plant and equipment   526
Net cash used in investing activities (1,451) (229)
Cash flows from financing activities    
Proceeds from issuance of common stock, net of expenses   72,588
Proceeds from exercise of stock options 434 305
Borrowings under revolving credit facilities 530,632 242,977
Payments under revolving credit facilities (519,459) (243,823)
Principal payments under capital lease obligations (265) (169)
Stock repurchase (505) (314)
Payments under redemption of preferred stock   (47,791)
Debt and preferred stock issuance costs paid (1,281) (120)
Net cash provided by financing activities 9,556 23,653
Net (decrease) increase in cash and cash equivalents (7,702) 5,663
Cash and cash equivalents at beginning of period 21,200 1,108
Cash and cash equivalents at end of period $ 13,498 $ 6,771