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, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 16,322 $ 17,064
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 106,666 97,674
Loss on extinguishment of debt (30,152) (5,218)
Gain on disposition of assets (433) (2,759)
Deferred income tax benefit 73 12,872
Expenses not requiring cash 10,141 9,928
Change in accounts receivable (5,188) (28,605)
Change in other assets 7,554 (1,346)
Change in accrued income taxes (10,397) 2,877
Change in liabilities (10,539) 12,412
Net cash provided by operating activities 144,351 125,335
Cash flows from investing activities:    
Capital expenditures (151,109) (102,856)
Proceeds from the sale of assets 2,294 5,533
Acquisition of ITS, net of cash acquired 0 (117,991)
Net cash used in investing activities (148,815) (215,314)
Cash flows from financing activities:    
Proceeds from issuance of debt 400,000 350,000
Repayments of long term debt (425,000) (125,000)
Repayments of term loan (7,500) (50,000)
Payments of debt issuance costs (7,630) (10,981)
Payments of debt extinguishment costs (26,214) 0
Excess tax benefit from stock based compensation 430 531
Net cash used in financing activities (65,914) 164,550
Net increase (decrease) in cash and cash equivalents (70,378) 74,571
Cash and cash equivalents, beginning of year 148,689 87,886
Cash and cash equivalents, end of period 78,311 162,457
Supplemental cash flow information:    
Interest paid 41,558 22,845
Income taxes paid $ 15,787 $ 11,238