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Statement Of Cash Flow Information
6 Months Ended
Jun. 30, 2011
Statement Of Cash Flow Information  
Statement Of Cash Flow Information

NOTE I-STATEMENT OF CASH FLOW INFORMATION

Cash and cash equivalents at June 30, 2011 and December 31, 2010 includes $186,000 of restricted cash related to collateral on seismic operations bonds and $125,000 (Canadian) of restricted cash posted as security against Company issued credit cards for Olympic.

The Company had non-cash additions to its seismic data library comprised of the following for the periods indicated (in thousands):

 

          Six Months Ended
June 30,
 
          2011           2010  

Non-monetary exchanges related to resale licensing revenue

    $        6,016        $        3,371   

Non-monetary exchanges from underwriting of new data acquisition

      1,139          778   

Other non-monetary exchanges

      86          28   

Completion of data in progress from prior non-monetary exchanges

      -          3,199   

Less: Non-monetary exchanges for data in progress

      (2,235       (1,423
   

 

 

     

 

 

 

Total non-cash additions to seismic data library

    $                        5,006        $                            5,953   
   

 

 

     

 

 

 

 

Non-cash revenue consisted of the following for the periods indicated (in thousands):

 

          Six Months Ended
June 30,
 
          2011           2010  

Acquisition revenue on underwriting from non-monetary exchange contracts

  $          1,383      $          811   

Licensing revenue from specific data licenses and selections on non-monetary exchange contracts

      3,033          4,965   
   

 

 

     

 

 

 

Total non-cash revenue

  $                          4,416      $                          5,776