XML 29 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 43,264$ 6,679
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization, net41,63043,236
Impairment losses7644,004
Unrealized foreign currency transaction (gains) losses, net1,743(2,860)
Stock-based compensation expense3,4113,652
Excess tax (benefit) provision from stock-based compensation52(360)
Deferred income tax (benefit)(3,830)(8,644)
Net (gain) loss on disposal of property and equipment(3,450)16
Bad debt expense32258
Unrealized losses on financial instruments, net273377
Increase (decrease) in valuation allowance on deferred tax assets(1,394)1,588
Amortization of deferred loan fees4392,772
Net (gain) on insurance settlement(481) 
Other759426
Changes in assets and liabilities, net of acquisition:  
Receivables6,3623,301
Prepaid expenses(4,272)(410)
Other current assets(5,475)(5,500)
Deferred charges and other assets2,0721,123
Accounts payable(4,159)(3,952)
Income taxes receivable / payable(3,244)(7,542)
Accrued employee compensation and benefits11,6152,019
Other accrued expenses and current liabilities(5,211)(1,247)
Deferred revenue2,025593
Other long-term liabilities(3,316)828
Net cash provided by operating activities79,89940,157
Cash flows from investing activities:  
Capital expenditures(21,788)(21,501)
Cash paid for business acquisition, net of cash acquired (77,174)
Proceeds from sale of property and equipment3,94923
Investment in restricted cash(520)(260)
Release of restricted cash 80,000
Proceeds from insurance settlement1,654 
Net cash (used for) investing activities(16,705)(18,912)
Cash flows from financing activities:  
Payment of long-term debt (75,000)
Proceeds from issuance of long-term debt 75,000
Proceeds from issuance of stock19134
Excess tax benefit (provision) from stock-based compensation(52)360
Cash paid for repurchase of common stock(42,677)(5,212)
Proceeds from grants81148
Payments on short-term debt (85,000)
Shares repurchased for minimum tax withholding on equity awards(1,190)(1,282)
Cash paid for loan fees related to debt (3,035)
Net cash (used for) financing activities(43,647)(93,987)
Effects of exchange rates on cash(4,586)(4,354)
Net increase (decrease) in cash and cash equivalents14,961(77,096)
Cash and cash equivalents - beginning189,829279,853
Cash and cash equivalents - ending204,790202,757
Supplemental disclosures of cash flow information:  
Cash paid during period for interest7872,431
Cash paid during period for income taxes18,23316,811
Non-cash transactions:  
Property and equipment additions in accounts payable1,5031,331
Unrealized gain on postretirement obligation in accumulated other comprehensive income (loss)122202
Issuance of common stock for business acquisition $ 136,673