Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows (Unaudited)

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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands
 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income (loss) $ 18,876 $ (1,544)
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 54,931 57,600
Loss on extinguishment of debt   7,209
Gain on disposition of assets (1,370) (2,384)
Deferred income tax expense 7,194 (8,575)
Expenses not requiring cash 8,355 6,392
Change in accounts receivable (12,063) 24,908
Change in other assets 48,938 (11,407)
Change in liabilities (28,962) (18,006)
Net cash provided by operating activities 95,899 54,193
Cash flows from investing activities:    
Capital expenditures (99,377) (128,973)
Proceeds from the sale of assets 2,353 2,798
Proceeds from insurance settlements 250  
Net cash used in investing activities (96,774) (126,175)
Cash flows from financing activities:    
Proceeds from issuance of debt 50,000 300,000
Repayment of senior notes   (225,000)
Repayments of term loan (9,000) (6,000)
Repayments of revolver (25,000) (42,000)
Payments of debt issuance costs (504) (7,896)
Payments of debt extinguishment costs   (7,466)
Proceeds from stock options exercised 183 26
Excess tax (cost) benefit from stock based compensation 1,260 1,285
Net cash provided by (used in) financing activities 16,939 12,949
Net decrease in cash and cash equivalents 16,064 (59,033)
Cash and cash equivalents, beginning of year 51,431 108,803
Cash and cash equivalents, end of period 67,495 49,770
Supplemental cash flow information:    
Interest paid 16,328 13,673
Income taxes paid $ 4,926 $ 12,198