XML 44 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income (loss) $ 8,744 $ 10,641
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 7,314 3,451
Impairment related and other 1,026 603
Other (income) loss (33,021) (26,184)
Equity loss 7,147 10,006
Equity-based compensation 5,755 2,705
Deferred income taxes (66) 567
Changes in assets and liabilities, net of effect of acquisitions:    
Accounts receivable, net (11,444) (5,443)
Tax receivable   6,314
Prepaid expenses and other assets (2,615) (1,276)
Accounts payable (552) 167
Accrued expenses 4,285 (1,227)
Accrued compensation and benefits 5,352 (4,050)
Deferred revenue 5,934 3,833
Other liabilities (246) 849
Cash flows provided by (used in) operating activities (2,387) 956
Investing Activities    
Capital expenditures, net (6,649) (2,596)
Advanced deposits for acquisition of fixed assets (1,651) (41)
Change in restricted cash (62) 62
Ownership acquisitions, net of cash acquired (59,559) (10,950)
Increase in cash due to consolidation of subsidiary 5,305  
Proceeds from sales of ownership interests 20,525 51,914
Proceeds from sales of marketable securities 7,632  
Proceeds from other distributions   1,424
Acquisitions by subsidiary, net of cash acquired (17,439) (1,193)
Cash flows provided by (used in) investing activities (51,898) 38,620
Financing Activities    
Issuance of common stock 12  
Acquisition of non controlling interest in subsidiary equity (3,484) (1,320)
Repayment of long-term debt and capital lease obligations (4,859) (4,398)
Borrowings of long-term debt 14,565 238
Purchase of treasury stock (8,354) (8,588)
Tax withholdings related to equity-based awards (196) (146)
Cash received for stock option exercises 439 151
Other financing activities (61) (49)
Cash flows provided by (used in) financing activities (1,938) (14,112)
Effect of exchange rates on cash 73 (85)
Net increase (decrease) in cash and cash equivalents (56,150) 25,379
Cash and cash equivalents at beginning of period 121,909 92,438
Cash and cash equivalents at end of period $ 65,759 $ 117,817