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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities:  
Net Loss$ (54,641)$ (50,001)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:  
Depreciation and Amortization130,355144,758
Stock-Based Compensation Expense3,8982,799
Deferred Income Taxes(47,458)(38,639)
Provision (Benefit) for Doubtful Accounts Receivable(12,240)80
Amortization of Deferred Financing Fees2,8772,493
Amortization of Original Issue Discount3,3053,041
Non-Cash Loss on Derivatives3,0651,987
(Gain) Loss on Disposal of Assets and Businesses, Net5,495(10,180)
Other(197)(381)
(Increase) Decrease in Operating Assets -  
Accounts Receivable7,622(10,841)
Prepaid Expenses and Other21,74416,563
Increase (Decrease) in Operating Liabilities -  
Accounts Payable(9,013)(2,811)
Insurance Notes Payable(18,778)(15,036)
Other Current Liabilities13,260(10,011)
Other Liabilities9,073(14,141)
Net Cash Provided by Operating Activities58,36719,680
Cash Flows from Investing Activities:  
Acquisition of Seahawk Assets(25,000) 
Additions of Property and Equipment(33,508)(16,353)
Deferred Drydocking Expenditures(12,859)(10,972)
Cash Paid for Equity Investment(34,155) 
Proceeds from Sale of Assets and Businesses, Net58,44015,764
Increase in Restricted Cash(2,476)(9,466)
Net Cash Used in Investing Activities(49,558)(21,027)
Cash Flows from Financing Activities:  
Long-term Debt Repayments(18,615)(5,233)
Payment of Debt Issuance Costs(2,109) 
Other2,523396
Net Cash Used in Financing Activities(18,201)(4,837)
Net Decrease in Cash and Cash Equivalents(9,392)(6,184)
Cash and Cash Equivalents at Beginning of Period136,666140,828
Cash and Cash Equivalents at End of Period$ 127,274$ 134,644