Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:    
Net (loss) earnings $ (9,823) $ 132,911
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Non-controlling interest in subsidiaries 280 108
Depreciation of property and equipment 22,923 17,641
Amortization of deferred financing costs 890 1,111
Amortization of intangible assets 1,185 1,287
Provision for bad debts and returns 4,556 4,663
Non-cash stock compensation 10,804 10,136
Loss on disposal of equipment 256 42
Deferred income taxes 76 (19)
Decrease (increase) in assets:    
Receivables 15,427 (63,355)
Inventories 158,629 (101,911)
Prepaid expenses and other current assets (24,838) (18,681)
Other assets (1,934) (7,342)
(Decrease) increase in liabilities:    
Accounts payable (98,099) 32,332
Accrued expenses (8,574) (9,642)
Net cash provided by (used in) operating activities 71,758 (719)
Cash flows from investing activities:    
Capital expenditures (114,299) (65,617)
Maturities of investments   30,000
Intangible additions   (40)
Net cash (used in) investing activities (114,299) (35,657)
Cash flows from financing activities:    
Net proceeds from the issuances of stock through employee stock purchase plan and the exercise of stock options 2,101 11,527
Increase in long term borrowings 37,179 0
Payments on long-term debt (11,795) (576)
Increase in short-term borrowings 30,939 281
Contribution from non-controlling interest of consolidated entity 115 1,000
Excess tax benefits from stock-based compensation 234 7,389
Net cash provided by financing activities 58,773 19,621
Net increase (decrease) in cash and cash equivalents 16,232 (16,755)
Effect of exchange rates on cash and cash equivalents (1,816) (92)
Cash and cash equivalents at beginning of the period 233,558 265,675
Cash and cash equivalents at end of the period 247,974 248,828
Cash paid during the period for:    
Interest 3,952 1,830
Income taxes 9,559 82,941
Non-cash transactions:    
Land contribution from noncontrolling interest of consolidated entity   30,000
Note payable contribution from noncontrolling interest of consolidated entity   $ 16,032