XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed 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 $ 9,114 $ 6,736
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,564 10,270
Deferred taxes 5,627 3,964
Stock Based Compensation 1,058 812
Gain on disposal of assets 0 (702)
Changes in current assets and liabilities:    
Trade accounts receivables, net 1,948 1,326
Inventory 312 (2,370)
Prepaid income taxes and prepaid expenses (178) 1,743
Accounts payable and accrued liabilities 3,460 357
Deferred income (1,359) 1,928
NET CASH PROVIDED BY OPERATING ACTIVITIES 31,546 24,064
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (17,074) (27,835)
Proceeds from sale of property and equipment 0 980
NET CASH USED IN INVESTING ACTIVITIES (17,074) (26,855)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from other long-term liabilities, net (16) 0
Repayments of line of credit (90) (83)
Proceeds from exercise of stock options 168 198
NET CASH PROVIDED BY FINANCING ACTIVITIES 62 115
NET CHANGE IN CASH AND CASH EQUIVALENTS 14,534 (2,676)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 16,390 19,137
CASH AND CASH EQUIVALENTS AT END OF PERIOD 30,924 16,461
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 13 53
Income taxes paid 0 130
NON-CASH TRANSACTIONS    
Transfer of rental equipment to inventory $ 8,690 $ 0