Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended 7 Months Ended 12 Months Ended 5 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Successor [Member]
Dec. 31, 2012
Successor [Member]
Dec. 31, 2011
Successor [Member]
May 28, 2010
Predecessor [Member]
Cash flows from operating activities:            
Net loss $ (7,234) $ (9,779) $ (8,038) $ (7,234) $ (9,779) $ (25,208)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:            
Depreciation and amortization     21,676 43,761 42,050 9,961
Loss on dispositions of property and equipment     60 292 53 74
Deferred income tax benefit     (5,660) (5,603) (4,634) (1,921)
Deferred financing and original issue discount amortization     1,294 2,180 2,011 515
Interest on mandatorily redeemable preferred stock and management purchased options           5,488
Stock-based compensation expense 714     714   19,053
Other non-cash interest and change in value of interest rate swap     392 (787) 1,250  
Changes in operating items:            
Accounts receivable     14,686 1,376 (4,441) (16,816)
Inventories     (11,661) (10,380) (2,175) 2,959
Other assets     (1,156) (3,931) (3,251) 124
Accounts payable     7,051 (1,146) 672 1,830
Other accrued liabilities     (5,780) 5,146 2,291 4,352
Other items, net     (1,665) (970) 166 (894)
Net cash provided by (used for) operating activities     11,199 23,418 24,213 (483)
Cash flows from investing activities:            
Ook acquisition         (15,323)  
Tagworks acquisition         (40,271)  
Payments for Quick Tag and Laser Key licenses     (12,750)      
Servalite acquisition     (21,335)      
Capital expenditures     (9,675) (24,313) (17,935) (5,411)
Proceeds from sale of property and equipment       3    
Net cash used for investing activities     (43,760) (24,310) (73,529) (5,411)
Cash flows from financing activities:            
Borrowings of senior term loans     290,000   30,000  
Repayments of senior term loans     (149,756) (3,200) (2,975) (9,544)
Discount on senior term loans         (2,000)  
Borrowings of revolving credit loans     12,600 19,000 9,444  
Repayments of revolving credit loans     (600) (19,000) (21,444)  
Payment of additional acquisition consideration       (12,387) (12,490)  
Principal payments under capitalized lease obligations     (50) (47) (30) (459)
Repayments of unsecured subordinated notes     (49,820)      
Borrowings of senior notes     150,000 65,000 50,000  
Premium on senior notes       4,225 4,625  
Financing fees, net     (15,729)   (1,372)  
Borrowings under other credit obligations       1,119    
Repayments of other credit obligations       (297)    
Purchase of predecessor equity securities     (506,407)      
Proceeds from sale of successor equity securities     308,641      
Net cash provided by (used for) financing activities     38,879 54,413 53,758 (10,003)
Net increase (decrease) in cash and cash equivalents     6,318 53,521 4,442 (15,897)
Cash and cash equivalents at beginning of period 12,027   1,267 12,027 7,585 17,164
Cash and cash equivalents at end of period $ 65,548 $ 12,027 $ 7,585 $ 65,548 $ 12,027 $ 1,267