XML 32 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net (loss) income$ 8,015$ (128,499)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Depreciation and amortization of intangibles5,3313,908
Amortization of deferred financing costs434545
Deferred income taxes(709)(953)
Stock based compensation4,0048,492
Goodwill impairment0130,000
Changes in assets and liabilities:  
Accounts receivable516(1,149)
Inventories1,016(1,523)
Income taxes receivable01,131
Prepaid expenses and other current assets1,656(7,209)
Prepaid taxes(242)0
Accounts payable and accrued expenses1,7193,345
Net cash provided by operating activities21,7408,088
Cash flows from investing activities  
Purchase of Glutino, net of cash and cash equivalents acquired(65,774)0
Purchase of property and equipment(1,569)(965)
Patent defense costs(752)(104)
Net cash (used in) investing activities(68,095)(1,069)
Cash flows from financing activities  
Proceeds from issuance of long term debt68,0849,000
Repayment of debt(9,127)(7,643)
Payments for loan costs(1,793)(21)
Purchase of treasury stock(5,147)(7,340)
Net cash (used in) financing activities52,017(6,004)
Effects of exchange rate changes on cash and cash equivalents(12)0
Net decrease in cash for the period5,6501,015
Cash - Beginning of period3,8407,538
Cash - End of period9,4908,553
Cash paid during the period for:  
Income taxes6,0054,897
Interest$ 1,759$ 2,210