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
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ (12,392) $ 572
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 34,337 29,512
Loss on extinguishment of debt 29,673 0
(Gain) loss on disposition of assets 129 (1,148)
Deferred income tax benefit (12,292) (1,607)
Expenses not requiring cash 6,844 7,179
Change in accounts receivable (6,226) (18,557)
Change in other assets (394) (8,018)
Change in accrued income taxes 150 1,560
Change in liabilities (8,205) 17,747
Net cash provided by operating activities 31,624 27,240
Cash flows from investing activities:    
Capital expenditures (37,445) (30,023)
Proceeds from the sale of assets 1,626 1,550
Net cash used in investing activities (35,819) (28,473)
Cash flows from financing activities:    
Proceeds from issuance of debt 400,000 0
Repayments of long term debt (416,199) 0
Repayments of term loan (2,500) (2,500)
Payments of debt issuance costs (7,273) (307)
Payments of debt extinguishment costs (25,796) 0
Excess tax benefit (expense) from stock based compensation 335 (159)
Net cash used in financing activities (51,433) (2,966)
Net decrease in cash and cash equivalents (55,628) (4,199)
Cash and cash equivalents, beginning of year 148,689 87,886
Cash and cash equivalents, end of period 93,061 83,687
Supplemental cash flow information:    
Interest paid 20,443 425
Income taxes paid $ 4,131 $ 2,929