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
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 3,445 $ 8,946
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 70,517 61,792
Loss on extinguishment of debt 30,152 0
(Gain) loss on disposition of assets (890) (1,665)
Deferred income tax benefit (8,358) 1,800
Expenses not requiring cash 8,748 7,989
Change in accounts receivable (1,066) (32,285)
Change in other assets (777) 6,711
Change in accrued income taxes (3,987) 2,179
Change in liabilities 5,789 (9,543)
Net cash provided by operating activities 103,573 45,924
Cash flows from investing activities:    
Capital expenditures (106,188) (63,537)
Proceeds from the sale of assets 3,346 2,901
Cash Acquired from Acquisition 0 (117,991)
Net cash used in investing activities (102,842) (178,627)
Cash flows from financing activities:    
Proceeds from issuance of debt 400,000 125,000
Repayments of long term debt (425,000) 0
Repayments of term loan (5,000) (5,000)
Payments of debt issuance costs (7,425) (5,386)
Payments of debt extinguishment costs (26,214) 0
Excess tax benefit (expense) from stock based compensation 665 (189)
Net cash used in financing activities (62,974) 114,425
Net decrease in cash and cash equivalents (62,243) (18,278)
Cash and cash equivalents, beginning of year 148,689 87,886
Cash and cash equivalents, end of period 86,446 69,608
Supplemental cash flow information:    
Interest paid 21,315 21,823
Income taxes paid $ 13,673 $ 8,585