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CONSOLIDATED STATEMENTS OF CASH FLOWS (Guitar Center Holdings, Inc.) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net loss $ (236,939) $ (56,377) $ (189,858)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 106,197 104,846 113,803
Impairment of goodwill 107,026   123,804
Impairment of intangible assets 45,961   9,709
Impairment of property and equipment 1,294 884 2,151
Net loss on disposal of property and equipment 5,157 995 167
Amortization of deferred financing fees 2,896 2,531 2,531
Non-cash interest expense 8,504 57,415 64,571
Stock-based compensation 1,552 3,218 2,085
Deferred income taxes (25,421) (32,341) (38,345)
Changes in operating assets and liabilities      
Accounts receivable (7,861) (1,638) 7,139
Merchandise inventories (46,095) 11,351 74,023
Prepaid expenses and other current assets (3,814) 16,181 4,080
Other assets, net (19) 76 (802)
Accounts payable 15,302 8,642 (7,361)
Accrued expenses and other current liabilities (5,291) 16,848 (7,651)
Merchandise advances 3,254 3,663 (1,605)
Other long-term liabilities 3,412 7,150 3,956
Net cash provided by (used in) operating activities (24,885) 143,444 162,397
Investing activities:      
Purchase of property and equipment (57,324) (47,887) (45,217)
Acquisition of intangible assets (197) (250)  
Proceeds from disposal of property and equipment 4,002 238 37
Net cash used in investing activities (53,519) (47,899) (45,180)
Financing activities:      
Repayment of long-term debt (641) (20,750) (7,148)
Net change in borrowings under ABL     (5,000)
Financing fees (8,400)    
Repurchase of common stock (286) (729) (504)
Net cash used in financing activities (9,327) (21,479) (12,652)
Net increase (decrease) in cash (87,731) 74,066 104,565
Cash at beginning of year 193,767 119,701 15,136
Cash at end of year 106,036 193,767 119,701
Cash paid during the year for:      
Interest 157,461 69,001 69,480
Income taxes 1,908 2,749 3,642
Non-cash investing and financing activities:      
Assets acquired under capital lease     $ 2,093