Frontier Airlines 2010 Annual Report Download - page 78

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REPUBLIC AIRWAYS HOLDINGS INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2010, 2009 AND 2008
(In thousands)
2010 2009 2008
OPERATING ACTIVITIES:
Net income (loss) $(13,846 ) $ 36,385 $84,580
Adjustments to reconcile net income (loss) to net cash from operating activities:
Goodwill and other impairment charges 11,473 122,559
—
Gain on bargain purchase
—
(203,698 )
—
Depreciation and amortization 204,522 163,584 133,206
Debt issue costs and other amortization 10,031 8,375 7,078
Curtailment gain and non-cash pension expense
—
(7,500 )
—
Deferred revenue amortization (7,183 ) (10,781 ) (15,953 )
Loss on aircraft and other equipment disposals 4,751 4,906 4,749
Realized gain on interest rate swap
—
—
(5,785 )
Loss (gain) on extinguishment of debt 4,418
—
(5,980 )
Stock compensation expense 4,143 5,151 3,925
Deferred income taxes (5,650 ) 101,713 49,339
Other, net 3,861 1,397 (1,547 )
Changes in certain assets and liabilities:
Restricted cash 54,058 9,604
—
Receivables (7,736 ) (4,260 ) 2,281
Inventories (15,138 ) (15,595 ) (8,212 )