General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Operating Activities:        
Consolidated net loss $ (33,744) $ (4,785) $ (4,023) $ 69,483
Adjustments to reconcile consolidated net loss to cash used in operating activities:        
Depreciation and amortization of intangibles 9,216 9,490 12,648 9,110
Fair value adjustments on convertible debt and warrants (352) (6,968) (7,559) 11,736
Inventory valuation 275 157 47 (490)
Gain on derivative instruments     (96) (1,049)
Amortization of deferred financing fees 455 485 651 1,001
Noncash compensation 705 1,978 2,278 2,471
Derivative instruments (202) (334)    
Bad debt recovery (15) (185) (218) (184)
Interest on convertible debt paid with stock     3,076  
Gain on bankruptcy exit       (119,408)
Loss on investment in Front Range, held for sale       12,146
Loss on extinguishment of debt       2,159
Bargain purchase of New PE Holdco       (1,566)
Equity earnings on Front Range       928
Changes in operating assets and liabilities:        
Accounts receivable 642 (2,204) (2,067) (13,789)
Inventories 1,482 (5,280) 1,128 (7,462)
Prepaid expenses and other assets 1,480 (368) (933) (516)
Prepaid inventory 3,144 (3,466) (6,524) 477
Accounts payable and accrued expenses 5,492 3,920 (2,358) (1,968)
Net cash used in operating activities (11,422) (7,560) (3,950) (36,921)
Investing Activities:        
Purchase of ownership interest in New PEHC (10,000)       
Additions to property and equipment (2,115) (1,459) (2,365) (643)
Investments in New PE Holdco, net of cash acquired     (9,117) (19,494)
Proceeds from sale of investment in Front Range       18,500
Net cash impact of deconsolidation of Front Range       (10,486)
Net cash impact of bankruptcy exit       (1,301)
Net cash used in investing activities (12,115) (1,459) (11,482) (13,424)
Financing Activities:        
Net proceeds from sales of common stock and warrants 20,994    7,364  
Net proceeds from borrowings 13,249 17,091 9,958 17,522
Preferred stock dividends paid (949)       
Proceeds from convertible notes and warrants       35,000
Principal payments on convertible notes     (1,212)  
Payments for debt issuance costs       (2,909)
Proceeds from borrowings under DIP Financing       5,173
Principal payments paid on related party borrowings     (500) (13,250)
Net cash (used in) provided by financing activities 33,294 17,091 15,610 41,536
Net increase in cash and cash equivalents 9,757 8,072 178 (8,809)
Cash and cash equivalents at beginning of period 8,914 8,736 8,736 17,545
Cash and cash equivalents at end of period 18,671 16,808 8,914 8,736
Supplemental Information:        
Interest paid 7,504 8,047 11,669 9,771
Noncash financing and investing activities:        
Preferred stock dividends paid in common stock 732       
Notes issued for purchase of ownership interest in New PEHC 10,000       
Accrued interest added to term loan 1,407       
Preferred stock dividends accrued    946 1,265 2,847
Debt extinguished with issuance of common stock    25,388 33,788 19,000
Reclass of warrant liabilitiy to equity upon cashless net exercise of warrants     $ 1,157