v2.3.0.15
Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net income (loss)$ (455,526)$ 78,200
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization96,91997,184
Stock-based compensation12,40114,222
Amortization of prepaid debt fees5,3654,219
Amortization of convertible debt discount5,3367,505
Deferred taxes, net(1,410)(1,237)
Goodwill Impairment540,4000
Other adjustments, net1,9614,008
Changes in operating assets and liabilities, net of acquisition:  
Accounts receivable(21,940)(53,425)
Inventories(32,750)(57,698)
Other current assets(8,672)(1,776)
Other long-term assets(17,499)1,642
Accounts payables, other current liabilities, and taxes payable12,34738,139
Wages and benefits payable(28,018)26,799
Unearned revenue22,862(2,814)
Warranty28,02816,535
Other operating, net(6,003)(4,387)
Net cash provided by operating activities153,801167,116
Investing activities  
Acquisitions of property, plant, and equipment(45,799)(45,507)
Business acquisition, net of cash equivalents acquired(14,635)0
Other investing, net6345,412
Net cash used in investing activities(59,800)(40,095)
Financing activities  
Proceeds from borrowings670,0000
Payments on debt(804,304)(106,524)
Issuance of common stock3,5127,931
Other financing, net(5,319)(2,330)
Net cash used in financing activities(136,111)(100,923)
Effect of foreign exchange rate changes on cash and cash equivalents2,147123
Increase (decrease) in cash and cash equivalents(39,963)26,221
Cash and cash equivalents at beginning of period169,477121,893
Cash and cash equivalents at end of period129,514148,114
Non-cash transactions:  
Property, plant, and equipment purchased but not yet paid, net(3,130)(5,998)
Fair value of contingent and deferred consideration payable for business acquisition5,1080
Supplemental disclosure of cash flow information:  
Income taxes paid, net12,90417,447
Interest, net of amounts capitalized$ 25,964$ 31,666