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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows from Operating Activities      
Net income $ 12,993 $ 18,075 $ 15,092
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairment on assets held for sale 645 1,888 17,545
Depreciation 45,350 36,553 32,018
Amortization 10,420 6,078 612
Pension settlement and curtailment expense 0 3,964 0
Provision for bad debt 3,243 1,462 1,080
Stock based compensation expense 1,718 792 653
Excess tax benefits on stock option exercises (5) (70) (63)
Deferred income taxes 15,973 4,628 957
Net (gain) loss on disposal of equipment (1,360) 335 1,054
Gain on sale of assets 0 (4,000) (427)
Realized loss on disposal of investments 27 147 201
Unrealized (gains) losses on investments 132 (325) (580)
Net (gain) loss from patronage and equity Investments 233 100 78
Other 257 373 942
(Increase) decrease in:      
Accounts receivable (1,891) (3,120) 212
Materials and supplies (1,080) (262) 470
Income taxes receivable (9,919) 2,955 1,835
Increase (decrease) in:      
Accounts payable (596) 3,528 3,178
Deferred lease payable 416 374 205
Other prepaids, deferrals and accruals 4,371 1,729 (989)
Net cash provided by operating activities 80,927 75,204 74,073
Cash Flows from Investing Activities      
Purchase and construction of property, plant and equipment (74,663) (55,936) (53,208)
Proceeds from sale of equipment 675 258 168
Proceeds from sales of assets 2,986 4,000 1,355
Cash paid to acquire prepaid subscriber rights 0 (6,884) 0
Cash paid to acquire businesses 0 (152,114) (601)
Purchase of investment securities (84) (127) (608)
Proceeds from sale of investment securities 475 62 611
Net cash used in investing activities (70,611) (210,741) (52,283)
Cash Flows From Financing Activities      
Principal payments on long-term debt (14,538) (28,620) (15,399)
Amounts borrowed under debt agreements 0 189,800 7,000
Cash paid for debt issuance costs 0 (3,562) 0
Dividends paid, net of dividends reinvested (7,320) (7,313) (7,007)
Excess tax benefits on stock option exercises 5 70 63
Repurchases of stock (92) 0 0
Proceeds from exercise of incentive stock options 50 561 367
Net cash provided by (used in) financing activities (21,895) 150,936 (14,976)
Net increase (decrease) in cash and cash equivalents (11,579) 15,399 6,814
Cash and cash equivalents:      
Beginning 27,453 12,054 5,240
Ending 15,874 27,453 12,054
Cash payments for:      
Interest, net of capitalized interest of $215 in 2011, $488 in 2010, and $541 in 2009 7,076 3,991 1,267
Income taxes $ 4,248 $ 5,657 $ 7,819