Quarterly report pursuant to sections 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities:    
Net income (loss) $ (4,785) $ 85,539
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Fair value adjustments on convertible debt and warrants (6,968)  
Gain on bankruptcy exit   (119,408)
Loss on investment in Front Range   12,146
Loss on extinguishments of debt   2,159
Depreciation and amortization of intangibles 9,490 5,957
Inventory valuation 157 136
Amortization of deferred financing fees 485 360
Noncash compensation 1,978 1,399
Derivative instruments (334) (1,206)
Bad debt recovery (185) (165)
Equity earnings in Front Range   929
Changes in operating assets and liabilities:    
Accounts receivable (2,204) (13,100)
Inventories (5,280) (786)
Prepaid expenses and other assets (368) (2,367)
Prepaid inventory (3,466) (1,251)
Accounts payable and accrued expenses 3,920 16,007
Net cash used in operating activities (7,560) (13,651)
Investing Activities:    
Additions to property and equipment (1,459) (333)
Net cash impact of deconsolidation of Front Range   (10,486)
Net cash impact of bankruptcy exit   (1,301)
Net cash used in investing activities (1,459) (12,120)
Financing Activities:    
Net proceeds from borrowings 17,091 9,870
Net cash provided by financing activities 17,091 9,870
Net increase (decrease) in cash and cash equivalents 8,072 (15,901)
Cash and cash equivalents at beginning of period 8,736 17,545
Cash and cash equivalents at end of period 16,808 1,644
Supplemental Information:    
Interest paid 8,047 3,784
Noncash financing and investing activities:    
Preferred stock dividends accrued 946 2,346
Debt extinguished with issuance of common stock $ 25,388 $ 19,000