XML 67 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 30,781 $ (13,465)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 15,465 17,276
Amortization of debt costs 1,556 938
Provision for doubtful accounts 9,099 7,057
Deferred income taxes (3,362) (2,305)
Share-based compensation 5,097 5,358
Provision for inventory obsolescence 1,966 3,465
Gain on sale of Breg, Inc. (1,261)  
Excess tax benefit on non-qualified stock options (2,321) (1,575)
Other (4,006) 1,304
Change in operating assets and liabilities, net of effect of disposition:    
Trade accounts receivable (33,824) (15,746)
Inventories (959) (14,510)
Escrow receivable 41,537 (586)
Prepaid expenses and other current assets (2,337) 2,455
Trade accounts payable 2,100 (2,180)
Charges related to U.S. Government resolutions 1,689 46,000
Other current liabilities 7,175 6,110
Net cash provided by operating activities 68,395 39,596
Cash flows from investing activities:    
Capital expenditures for property, plant and equipment (18,212) (16,826)
Capital expenditures for intangible assets (422) (495)
Payment made in connection with acquisition   (5,250)
Net proceeds from the sale of Breg, Inc. 153,773  
Net cash provided by (used in) investing activities 135,139 (22,571)
Cash flows from financing activities:    
Net proceeds from issuance of common shares 24,406 18,890
Repayments of long-term debt (188,695) (3,750)
Payment of refinancing fees   (758)
Repayment of bank borrowings, net (1,036) (2,642)
Changes in restricted cash (20,219) (14,288)
Cash payment for purchase of minority interest in subsidiary   (517)
Excess tax benefit on non-qualified stock options 2,321 1,575
Net cash used in financing activities (183,223) (1,490)
Effect of exchange rate changes on cash 54 (76)
Net increase in cash and cash equivalents 20,365 15,459
Cash and cash equivalents at the beginning of the period 33,207 13,561
Cash and cash equivalents at the end of the period $ 53,572 $ 29,020