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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net loss $ (453,033,000) $ (70,631,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 65,197,000 67,404,000
Impairment of property and equipment 1,731,000 559,000
Impairment of intangible assets 2,300,000  
Impairment of goodwill 360,100,000  
Net gain on disposal of property and equipment (38,000) (2,000)
Amortization of deferred financing fees 2,664,000 2,388,000
Non-cash interest expense   18,637,000
Stock-based compensation 681,000 704,000
Deferred income taxes (470,000) (103,000)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 977,000 (1,381,000)
Merchandise inventories (46,072,000) (99,370,000)
Prepaid expenses and other current assets (4,882,000) (3,741,000)
Other assets, net (17,000) (100,000)
Accounts payable 35,181,000 36,389,000
Accrued expenses and other current liabilities 7,880,000 1,869,000
Merchandise advances (4,662,000) (2,874,000)
Other long-term liabilities 997,000 1,340,000
Net cash provided by (used in) operating activities (161,250,000) (48,912,000)
Investing activities:    
Purchase of property and equipment (44,080,000) (48,781,000)
Net proceeds from disposal of property and equipment 44,000 2,909,000
Acquisition of businesses (1,143,000)  
Net cash used in investing activities (45,179,000) (45,872,000)
Financing activities:    
Borrowings on asset-based revolving credit facility 354,000,000 57,000,000
Repayment of asset-based revolving credit facility (189,000,000) (57,000,000)
Repayment of long-term debt (4,453,000) (484,000)
Financing fees (2,928,000) (742,000)
Net cash provided by (used in) financing activities 157,619,000 (1,265,000)
Net decrease in cash (48,810,000) (96,049,000)
Cash at beginning of period 74,836,000 106,036,000
Cash at end of period 26,026,000 9,987,000
Cash paid during the period for:    
Interest 223,706,000 90,264,000
Income taxes 921,000 2,189,000
Non-cash investing and financing activities:    
Assets acquired under capital lease 470,000  
GUITAR CENTER, INC.
   
Operating activities:    
Net loss (410,975,000) (4,308,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 65,197,000 67,404,000
Impairment of property and equipment 1,731,000 559,000
Impairment of intangible assets 2,300,000  
Impairment of goodwill 360,100,000  
Net gain on disposal of property and equipment (38,000) (2,000)
Amortization of deferred financing fees 2,356,000 2,079,000
Non-cash interest expense   404,000
Stock-based compensation 681,000 704,000
Deferred income taxes 5,195,000 (13,803,000)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 977,000 (1,381,000)
Merchandise inventories (46,072,000) (99,370,000)
Prepaid expenses and other current assets (4,882,000) (4,632,000)
Other assets, net (17,000) (100,000)
Accounts payable 35,181,000 36,389,000
Accrued expenses and other current liabilities 246,000 8,460,000
Merchandise advances (4,662,000) (2,874,000)
Other long-term liabilities 997,000 1,340,000
Net cash provided by (used in) operating activities 8,315,000 (9,131,000)
Investing activities:    
Purchase of property and equipment (44,080,000) (48,781,000)
Net proceeds from disposal of property and equipment 44,000 2,909,000
Acquisition of businesses (1,143,000)  
Net cash used in investing activities (45,179,000) (45,872,000)
Financing activities:    
Borrowings on asset-based revolving credit facility 354,000,000 57,000,000
Repayment of asset-based revolving credit facility (189,000,000) (57,000,000)
Repayment of long-term debt (4,453,000) (484,000)
Financing fees (2,928,000) (742,000)
Repayment to Guitar Center Holdings, Inc. (169,565,000) (39,820,000)
Net cash provided by (used in) financing activities (11,946,000) (41,046,000)
Net decrease in cash (48,810,000) (96,049,000)
Cash at beginning of period 74,836,000 106,036,000
Cash at end of period 26,026,000 9,987,000
Cash paid during the period for:    
Interest 54,140,000 50,483,000
Income taxes 921,000 2,189,000
Non-cash investing and financing activities:    
Assets acquired under capital lease $ 470,000