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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Guitar Center Holdings, Inc.) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net loss $ (70,631) $ (64,786)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 67,404 77,487
Impairment of property and equipment 559  
Net (gain) loss on disposal of property and equipment (2) 4,786
Amortization of deferred financing fees 2,388 2,154
Non-cash interest expense 18,637  
Stock-based compensation 704 1,319
Deferred income taxes (103) (38,219)
Changes in operating assets and liabilities:    
Accounts receivable (1,381) 1,632
Merchandise inventories (99,370) (81,817)
Prepaid expenses and other current assets (3,741) (2,662)
Other assets, net (100) 112
Accounts payable 36,389 34,443
Accrued expenses and other current liabilities 1,869 17,432
Merchandise advances (2,874) (3,749)
Other long-term liabilities 1,340 2,934
Net cash used in operating activities (48,912) (48,934)
Investing activities:    
Purchase of property and equipment (48,781) (35,086)
Net proceeds from disposal of property and equipment 2,909 3,982
Net cash used in investing activities (45,872) (31,104)
Financing activities:    
Borrowings on asset-based revolving credit facility 57,000  
Repayment of asset-based revolving credit facility (57,000)  
Repayment of long-term debt (484) (480)
Repurchase of common stock (39) (286)
Financing fees (742) (8,400)
Net cash used in financing activities (1,265) (9,166)
Net decrease in cash (96,049) (89,204)
Cash at beginning of period 106,036 193,767
Cash at end of period 9,987 104,563
Cash paid during the period for:    
Interest 90,264 86,560
Income taxes $ 2,189 $ 1,847