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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES:    
Net income $ 4,836 $ 4,937
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,361 10,722
Accrued patronage refunds (189) (247)
Stock based compensation 636 148
Other 474 766
Changes in operating assets and liabilities, net of effect from acquired net assets    
Receivables 455 (5,611)
Prepaids (446) (464)
Inventories 405 (442)
Accounts payable and accrued expenses 143 2,368
Deferred revenue, billings and deposits 355 (711)
Income taxes 5,359 (708)
Other 1,037 (618)
Net cash provided by operating activities 24,426 10,140
INVESTING ACTIVITIES:    
Additions to property, plant and equipment 8,616 10,492
Broadband stimulus grant received 125 0
Acquisition, net of cash acquired 0 120
Proceeds from sale of assets 105 32
Net cash (used in) investing activities (8,386) (10,340)
FINANCING ACTIVITIES:    
Borrowings on extended term payable arrangement 14,296 14,540
Payments on extended term payable arrangement (11,489) (15,161)
Borrowings on credit facility 25,700 9,900
Payments on credit facility and capital lease obligations (26,031) (9,171)
Proceeds from issuance of common stock 180 119
Change in cash overdraft (238) 1,115
Dividends paid (3,601) (3,427)
Net cash provided by (used in) financing activities (1,183) (2,085)
Net increase (decrease) in cash and cash equivalents 14,857 (2,285)
Cash and cash equivalents at beginning of the period 73 2,420
Cash and cash equivalents at the end of the period 14,930 135
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,164 2,902
Net cash paid (received) for income taxes (2,586) 3,247
Non-cash investing and financing activities:    
Property, plant and equipment acquired with capital leases 64 35
Change in other comprehensive income (loss) from financial derivatives and post-retirement benefits $ (11) $ 419