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, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 17,064 $ 57,265
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 97,674 85,357
Loss on extinguishment of debt 5,218 1,766
Gain on disposition of assets (2,759) (2,466)
Deferred income tax expense 12,872 8,403
Expenses not requiring cash 9,928 15,724
Change in accounts receivable (28,605) 24,648
Change in other assets (1,346) 564
Change in accrued income taxes 2,877 (3,049)
Change in liabilities 12,412 (10,185)
Net cash provided by operating activities 125,335 178,027
Cash flows from investing activities:    
Capital expenditures (102,856) (147,658)
Proceeds from the sale of assets 5,533 3,496
Acquisition of ITS, net of cash acquired (117,991) 0
Net cash used in investing activities (215,314) (144,162)
Cash flows from financing activities:    
Proceeds from issuance of debt 350,000 130,000
Repayments of long term debt 125,000 125,000
Repayments of term loan (50,000) (18,000)
Payments of debt issuance costs (10,981) (3,516)
Payments of debt extinguishment costs 0 (519)
Excess tax benefit from stock based compensation 531 (572)
Net cash provided by (used in) financing activities 164,550 (17,607)
Net increase in cash and cash equivalents 74,571 16,258
Cash and cash equivalents, beginning of year 87,886 97,869
Cash and cash equivalents, end of period 162,457 114,127
Supplemental cash flow information:    
Interest paid 22,845 17,492
Income taxes paid $ 11,238 $ 36,498