Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES    
Net loss $ (1,743) $ (28,056)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Loss on cash flow hedge 111  
Gain on derivative liabilities   (83)
Loss on extinguishment of long-term debt 552  
Provision for doubtful accounts 2,140 2,149
Depreciation 2,903 3,167
Amortization of intangible assets 1,358 1,309
Asset impairment charges   44,213
Amortization of deferred debt issuance costs 137 122
Stock-based compensation 310 502
Deferred income taxes (646) (16,242)
Changes in assets - (Increase)/Decrease:    
Accounts receivable,net of provision (2,446) (2,197)
Inventory 699 794
Other current assets (480) 67
Other assets (315) (166)
Changes in liabilities - Increase/(Decrease):    
Accounts payable and other liabilities 1,084 (2,651)
NET CASH PROVIDED BY OPERATING ACTIVITIES 3,664 2,928
INVESTING ACTIVITIES    
Capital expenditures (1,733) (2,383)
Other asset acquisitions (76) (942)
NET CASH USED IN INVESTING ACTIVITIES (1,809) (3,325)
FINANCING ACTIVITIES    
Principal payments on debt (3,006) (2,061)
Proceeds from draw on revolving credit facility 2,500  
Common stock repurchased to satisfy statutory withholding on stock based compensation (32)  
Treasury shares repurchased   (248)
Principal payments on capital lease obligations (1,312) (585)
NET CASH USED IN FINANCING ACTIVITIES (1,850) (2,894)
Net change in cash and cash equivalents 5 (3,291)
Cash and cash equivalents, beginning of period 799 5,014
Cash and cash equivalents, end of period 804 1,723
SUPPLEMENTAL DISCLOSURES    
Cash paid for interest (including swap payments) 926 983
Cash paid for income taxes 57 75
NON-CASH TRANSACTIONS    
Additions to property (a) 229 [1] 4 [1]
Property acquired pursuant to a capital lease $ 457 $ 1,967
Gross issuance of vested restricted shares (number of shares) 174 72
[1] Amounts consist of current liabilities for net property that have not been included in investing activities. These amounts have not been paid for as of June 30, but will be included as a cash outflow from investing activities for capital expenditures when paid. See accompanying notes to consolidated financial statements.