Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $) In Thousands	1 Months Ended	9 Months Ended	7 Months Ended
	Feb. 28, 2011 Predecessor	Sep. 30, 2010 Predecessor	Sep. 30, 2011 Successor
Cash Flows from Operating Activities:
Net loss	$ (19,297)	$ (17,476)	$ (4,480)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	15,837	65,366	63,874
Amortization of deferred issuance costs	366	1,661
Debt premium amortization			(1,900)
Stock-based compensation	6,084	4,374
Impairment of intangible assets			5,100
Allowance for bad debts	195	43	75
Deferred income taxes	140	(12,016)	229
Loss on investment		1,466
Equity in loss (income) of unconsolidated affiliates		409	(258)
Loss on debt extinguishment			351
Loss on sale of property and equipment	416	150	509
Changes in operating assets and liabilities, net of acquisitions:
Increase in trade receivable	(15,944)	(30,361)	(14,345)
Increase in inventories	(1,810)	(2,697)	(12,407)
Decrease (increase) in prepaid expenses and other assets	550	8,024	(6,443)
Decrease (increase) in other assets	674	1,265	(756)
(Decrease) increase in trade accounts payable	12,954	8,380	(5,601)
Decrease in accrued interest	(3,893)	(8,904)	(8,106)
(Decrease) increase in accrued expenses	8,555	5,488	(3,493)
Decrease in other liabilities	(141)	(690)	(89)
(Decrease) increase in accrued salaries, benefits and payroll taxes	(1,679)	2,401	1,768
Net cash provided by operating activities	3,007	26,883	14,028
Cash Flows from Investing Activities:
Decrease (increase) in restricted cash	(4,141)		4,141
Purchases of investment interests	(1,177)
Business acquisition, net of cash acquired		(18,237)
Proceeds from sale of investments		368
Purchases of property and equipment	(22,758)	(50,893)	(48,125)
Deposits on asset commitments	82	(12,967)	(225)
Proceeds from sale of property and equipment	1,009	5,284	4,106
Net cash used in investing activities	(26,985)	(76,445)	(40,103)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt		4,000	64
Payments on long-term debt	(7,819)	(14,588)	(135,305)
Net borrowings (repayments) on lines of credit	(36,500)	36,500	130,000
Proceeds from parent	71,450		19,872
Payment of preferred stock dividend	(637)	(1,911)
Exercise of options and restricted stock awards, net of tax	(1,821)
Debt issuance costs		(189)
Net cash provided by financing activities	24,673	23,812	14,631
Net increase (decrease) in cash and cash equivalents	695	(25,750)	(11,444)
Cash and cash equivalents at beginning of period	20,940	41,072	21,635
Cash and cash equivalents at end of period	21,635	15,322	10,191
Supplemental information:
Interest paid (net of capitalized interest)	10,991	40,680	28,263
Income taxes paid (refunds)	$ (580)	$ 667	$ 10,529

Allis Chalmers Energy Inc. 10-Q