XML 25 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net income$ 37,198$ 13,759
Adjustments to reconcile net income to net cash provided by operating activities  
Depreciation and amortization6,8424,239
Net loss on disposal of assets7334
Stock-based compensation2,6501,566
Realized gain on investments (8)
Deferred taxes14,576 
Excess tax benefits from stock-based compensation(4,301) 
Changes in operating assets and liabilities:  
Accounts receivable(10,609)(7,606)
Inventories(5,826)(1,821)
Other inventory supplies(5,803)(3,927)
Prepaid expenses and other current assets(2,188)(215)
Accounts payable(2,386)2,500
Accrued payroll(434)858
Corporate income and franchise taxes(154)(20)
Advanced payments(838)586
Accrued and other current liabilities2,064508
Net cash provided by operating activities30,79810,753
Cash flows from investing activities  
Purchases of property and equipment(40,656)(34,896)
Proceeds from disposal of assets 42
Purchases of investments(191)(55,201)
Proceeds from sale of investments12,52824,800
Net cash (used in) investing activities(28,319)(65,255)
Cash flows from financing activities  
Proceeds from issuance of common stock, net of issuance costs of $4,130 61,723
Proceeds from exercise of options7411,378
Restricted cash19(525)
Purchase of treasury stock(5,482) 
Excess tax benefits from stock-based compensation4,301 
Net cash (used in) provided by financing activities(421)62,576
Net effect of currency translation22628
Net increase in cash and cash equivalents2,2848,102
Cash and cash equivalents, beginning of period16,0733,860
Cash and cash equivalents, end of period18,35711,962
Supplemental disclosures of cash flow information Cash paid for income taxes6,050 
Supplemental disclosures of non-cash transactions Unrealized loss on investments$ 81$ 1