XML 27 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (9,320) $ (1,503)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Dividends on Series B preferred stock classified as interest expense 4,867  
(Gain) loss on the disposal of assets (1,204) (22)
Impairment charges and restructuring costs (73) 1,025
Stock-based compensation 1 25
Depreciation and amortization 2,534 2,674
Net barter (income) loss (153) (148)
Provision for trade doubtful accounts (74) 185
Amortization of deferred financing costs 1,675 1,666
Amortization of original issued discount 734 644
Deferred income taxes 783 265
Unearned revenue-barter 100 20
Changes in operating assets and liabilities:    
Trade receivables 3,419 (1,349)
Prepaid expenses and other current assets (1,640) (2,684)
Other assets 144 (239)
Accounts payable and accrued expenses (1,182) 607
Accrued interest 80 159
Other liabilities (141) (206)
Net cash provided by operating activities 550 1,119
Cash flows from investing activities:    
Purchases of property and equipment (1,197) (992)
Proceeds from the sale of property and equipment 1,270 32
Net cash provided by (used in) investing activities 73 (960)
Cash flows from financing activities:    
Payment of Series B preferred stock and/or related cash dividends   (2,482)
Payments of other long-term debt (168) (171)
Net cash used in financing activities (168) (2,653)
Net increase (decrease) in cash and cash equivalents 455 (2,494)
Cash and cash equivalents at beginning of period 23,566 26,660
Cash and cash equivalents at end of period 24,021 24,166
Supplemental cash flows information:    
Interest paid 17,367 17,381
Income tax paid 305  
Noncash investing and financing activities:    
Unrealized gain on derivative instrument 75 138
Accrual of Series B preferred stock dividends not declared   $ 2,482