Registration of securities issued in business combination transactions

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:          
Net income (loss) $ 17,064 $ 57,265 $ 37,098 $ (50,645) $ (14,708)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation and amortization 97,674 85,357 113,017 112,136 115,030
Impairment of property, plant and equipment       170,000  
Loss on extinguishment of debt 5,218 1,766 2,130   7,209
Gain on disposition of assets (2,759) (2,466) (1,974) (3,659) (4,620)
Deferred tax expense (benefit) 12,872 8,403 15,837 (48,375) (1,308)
Provision for reduction in carrying value of certain assets     0 1,350 1,952
Expenses not requiring cash 9,928 15,724 22,600 12,833 14,829
Change in assets and liabilities:          
Accounts and notes receivable (28,605) 24,648 15,241 (6,841) 20,752
Rig materials and supplies     344 (913) (856)
Other current assets     (4,313) 63,816 (2,969)
Accounts payable and accrued liabilities     (2,657) (24,908) (10,868)
Accrued income taxes 2,877 (3,049) (6,102) 2,141 (4,124)
Change in other assets (1,346) 564 (1,522) (1,050) 3,231
Change in liabilities 12,412 (10,185) (2,657) (22,767) (14,992)
Net cash provided by (used in) operating activities 125,335 178,027 189,699 225,885 123,550
Cash flows from investing activities:          
Capital expenditures (102,856) (147,658) (191,543) (190,399) (219,184)
Proceeds from the sale of assets 5,533 3,496 3,937 5,535 6,475
Proceeds from insurance claims       250  
Acquisition of ITS, net of cash acquired (117,991)        
Net cash (used in) investing activities (215,314) (144,162) (187,606) (184,614) (212,709)
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from issuance of debt 350,000 130,000 130,000 50,000 300,000
Proceeds from draw on revolver credit facility     7,000   25,000
Repayments of long term debt (125,000) (125,000) (125,000)   (225,000)
Repayments of term loan (50,000) (18,000) (18,000) (21,000) (12,000)
Repayments of revolver       (25,000) (42,000)
Payments of debt issuance costs (10,981) (3,516) (4,859) (504) (7,976)
Payments of debt extinguishment costs   (519) (555)   (7,466)
Proceeds from stock options exercised       183 26
Excess tax benefit (expense) from stock-based compensation 531 (572) (662) 1,488 1,203
Net cash provided by (used in) financing activities 164,550 (17,607) (12,076) 5,167 31,787
Net increase (decrease) in cash and cash equivalents 74,571 16,258 (9,983) 46,438 (57,372)
Cash and cash equivalents at beginning of year 87,886 97,869 97,869 51,431 108,803
Cash and cash equivalents at end of year 162,457 114,127 87,886 97,869 51,431
Supplemental cash flow information:          
Interest paid 22,845 17,492 37,405 32,785 30,377
Income taxes paid $ 11,238 $ 36,498 $ 40,234 $ 21,742 $ 41,024