XML 17 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 26,715 $ 2,658
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 51,842 50,110
Loss on redemption of debt 1,100  
Foreign exchange gain (85) (45)
Deferred income taxes 5,194 (7,696)
Excess tax benefits from share-based payment arrangements (65) (695)
Long lived impairment charges and loss on sale of assets   591
Stock based compensation 4,305 1,548
Other non-cash items 1,232 5,528
Change in operating assets, liabilities and other (162,676) (46,076)
Net cash (used in) provided by operating activities (72,438) 5,923
Cash flows from investing activities:    
Capital expenditures (23,692) (20,782)
Proceeds from sale of property, plant and equipment 153 1,549
Acquisition, net of cash acquired (71,623)  
Net cash used in investing activities (95,162) (19,233)
Cash flows from financing activities:    
Repayments on ABL revolver (203,646) (303,501)
Borrowings on ABL revolver 314,205 313,572
Repayment of long-term debt (22,917) (25)
Fees paid to amend or issue debt facilities and equity (1,480) (3,330)
Excess tax benefits from share-based payment arrangements 65 3,328
Stock compensation plan activity 39  
Net cash provided by financing activities 86,266 10,044
Effect of exchange rate changes on cash and cash equivalents 262 (368)
Net change in cash and cash equivalents (81,072) (3,634)
Cash and cash equivalents at beginning of period 122,758 38,797
Cash and cash equivalents at end of period $ 41,686 $ 35,163