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<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">The accompanying unaudited interim consolidated financial statements include the accounts of General Communication, Inc. (“GCI”) and its </font><font style="font-family:Arial;font-size:10pt;">direct and indirect </font><font style="font-family:Arial;font-size:10pt;">subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. They should be read in conjunction with our audited consolidated financial statements for </font><font style="font-family:Arial;font-size:10pt;">the year ended December 31, 2010, filed with the SEC on March 15, 2011</font><font style="font-family:Arial;font-size:10pt;"> as part of our annual report on Form 10-K. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The results of operations for interim periods are not necessarily indicative of the results that may be expected for an entire year or any other period. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(</font><font style="font-family:Arial;font-size:10pt;">1</font><font style="font-family:Arial;font-size:10pt;">)</font><font style="font-family:Arial;font-size:10pt;">       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Business and Summary of Significant Accounting Principles</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">In the following discussion, GCI and its direct and indirect subsidiaries are referred to as “we,” “us” and “our.”</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.8px;"> (a)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Business</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">GCI, an </font><font style="font-family:Arial;font-size:10pt;">Alaska</font><font style="font-family:Arial;font-size:10pt;"> corporation, was incorporated in 1979. We offer the following services: </font></p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Origination and termination of traffic in Alaska for certain common carriers,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Cable television services throughout Alaska,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">C</font><font style="font-family:Arial;font-size:10pt;">ompetitive local access services throughout Alaska,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">I</font><font style="font-family:Arial;font-size:10pt;">ncumbent local access services in </font><font style="font-family:Arial;font-size:10pt;">areas of </font><font style="font-family:Arial;font-size:10pt;">rural Alaska,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Long-distance telephone service,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Sale of postpaid and prepaid wireless telephone services and sale of wireless telephone handsets and accessories,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Data network services,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Internet access services,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Wireless roaming for certain wireless carriers,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Broadband services, including our SchoolAccess</font><font style="font-family:Arial;font-size:10pt;">®</font><font style="font-family:Arial;font-size:10pt;"> offering to rural school districts, our ConnectMD</font><font style="font-family:Arial;font-size:10pt;">® </font><font style="font-family:Arial;font-size:10pt;">offering to rural hospitals and health clinics, and managed video conferencing,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Managed services to certain commercial customers,</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Sales and service of dedicated communications systems and related equipment, and</font></li><li style="margin-left:85.7px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">Lease, service arrangements and maintenance of capacity on our fiber optic cable systems used in the transmission of voice and data services within Alaska and between Alaska and the remaining United States and foreign countries.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.1px;">(b)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Principles of Consolidation</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.55px;">The consolidated financial statements include the consolidated accounts of GCI and its wholly-owned subsidiaries. All significant intercompany transactions between non-regulated affiliates of our company are eliminated. Intercompany transactions generated between regulated and non-regulated affiliates of the company are not eliminated in consolidation.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.1px;">(c)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Recently Issued Accounting Pronouncements</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">In May 2011, the </font><font style="font-family:Arial;font-size:10pt;">Financial Accounting Standards Board (“FASB”) </font><font style="font-family:Arial;font-size:10pt;">issued </font><font style="font-family:Arial;font-size:10pt;">Accounting Standards Update (“ASU”) </font><font style="font-family:Arial;font-size:10pt;">2011-04 “</font><font style="font-family:Arial;font-size:10pt;">Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards (“</font><font style="font-family:Arial;font-size:10pt;">IFRS</font><font style="font-family:Arial;font-size:10pt;">”)</font><font style="font-family:Arial;font-size:10pt;">”</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">which amends current guidance to achieve common fair value measurement and disclosure requirements in GAAP and </font><font style="font-family:Arial;font-size:10pt;">IFRS</font><font style="font-family:Arial;font-size:10pt;">.  The amendments generally represent clarification of FASB ASC Topic 820, but also include instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed.  This pronouncement is effective for fiscal years, and interim periods within those years, begi</font><font style="font-family:Arial;font-size:10pt;">nning after December 15, 2011.  The adoption of ASU 2011-04 is not expected to have a material impact on our </font><font style="font-family:Arial;font-size:10pt;">statement of operations</font><font style="font-family:Arial;font-size:10pt;">, financial position or cash flows.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;"> (d</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Recently Adopted Accounting Pronou</font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">n</font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">cements</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">FASB</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">ASU</font><font style="font-family:Arial;font-size:10pt;"> 2009-13 addresses the accounting for multiple deliverable arrangements to enable vendors to account for products or services (“deliverables”) separately rather than as a combined unit. Specifically, this guidance amends the criteria in Subtopic 605-25, “Revenue Recognition - Multiple-Element Arrangements”, for separating consideration in multiple-deliverable arrangements. This guidance establishes a selling price hierarchy for determining the selling price of a deliverable, which is based on: (a) vendor-specific objective evidence; (b) third-party evidence; or (c) estimates. This guidance also eliminates the residual method of allocation and requires that arrangement consideration be allocated at the inception of the arrangement to all deliverables using the relative selling price method. In addition, this guidance significantly expands required disclosures related to a vendor's multiple-deliverable revenue arrangements. The adoption of ASU 2009-13 on January 1, 2011, did not have a material impact on our </font><font style="font-family:Arial;font-size:10pt;">statement of operation</font><font style="font-family:Arial;font-size:10pt;">s</font><font style="font-family:Arial;font-size:10pt;">, financial position or cash flows.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">Under ASU 2010-28</font><font style="font-family:Arial;font-size:10pt;"> “Intangibles—Goodwill and Other (Topic 350): When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts”</font><font style="font-family:Arial;font-size:10pt;">, if the carrying amount of a reporting unit is zero or negative, an entity must assess whether it is more likely than not that goodwill impairment exists. To make that determination, an entity should consider whether there are adverse qualitative factors that could impact the amount of goodwill, including those listed in ASC 350-20-35-30. As a result of the new guidance, an entity can no longer assert that a reporting unit is not required to perform the second step of the goodwill impairment test because the carrying amount of the reporting unit is zero or negative, despite the existence of qualitative factors that indicate goodwill is more likely than not imp</font><font style="font-family:Arial;font-size:10pt;">aired. The adoption of ASU 2010</font><font style="font-family:Arial;font-size:10pt;">-28 </font><font style="font-family:Arial;font-size:10pt;">on January 1, 2011, did not have</font><font style="font-family:Arial;font-size:10pt;"> a material impact on our </font><font style="font-family:Arial;font-size:10pt;">statement of operations</font><font style="font-family:Arial;font-size:10pt;">, financial position or cash flows.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">ASU 2010-29</font><font style="font-family:Arial;font-size:10pt;"> “Business Combinations (Topic 805): Disclosure of Supplementary Pro Forma Information for Business Combinations”</font><font style="font-family:Arial;font-size:10pt;"> specifies that if a public entity presents comparative financial statements, the entity should disclose revenue and earnings of the combined entity as though the business combination(s) that occurred during the current year had occurred as of the beginning of the comparable prior annual reporting period only. The amendments in this update also expand the supplemental pro forma disclosures under Topic 805 to include a description of the nature and amount of material, nonrecurring pro forma adjustments directly attributable to the business combination included in the reported pro forma revenue and earnings</font><font style="font-family:Arial;font-size:10pt;">. </font><font style="font-family:Arial;font-size:10pt;">The adoption of ASU 2010</font><font style="font-family:Arial;font-size:10pt;">-29 </font><font style="font-family:Arial;font-size:10pt;">on January 1, 2011, did not</font><font style="font-family:Arial;font-size:10pt;"> have a material impact on our </font><font style="font-family:Arial;font-size:10pt;">statement of operations</font><font style="font-family:Arial;font-size:10pt;">, financial position</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> cash flows</font><font style="font-family:Arial;font-size:10pt;"> or related </font><font style="font-family:Arial;font-size:10pt;">disclosures</font><font style="font-family:Arial;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.8px;">(e</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Regulatory Accounting and Regulation</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.35px;">       We account for our regulated operations in accordance with the accounting principles </font><font style="font-family:Arial;font-size:10pt;">for regulated enterprises.</font><font style="font-family:Arial;font-size:10pt;"> This accounting recognizes the economic effects of rate regulation by recording cost and a return on investment as such amounts are recovered through rates authorized by regulatory authorities. Accordingly, plant and equipment is depreciated over lives approved by regulators and certain costs and obligations are deferred based upon approvals received from regulators to permit recovery of such amounts in future years. Our cost studies and depreciation rates for our regulated operations are subject to periodic audits that could result in a change to recorded revenues. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.8px;">(f</font><font style="font-family:Arial;font-size:10pt;">)</font><font style="font-family:Arial;font-size:10pt;">       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Earnings per Common Share</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.55px;">We compute net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per share of Class A and Class B common stock using the “two class” method. Therefore, basic net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per share is computed by dividing net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">applicable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per share is computed by dividing net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">by the weighted average number of common and dilutive common equivalent shares outstanding during the period. The computation of the dilutive net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per share of Class A common stock assumes the conversion of Class B common stock to Class A common stock, while the dilutive net income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per share of Class B common stock does not assume the conversion of those shares. </font><font style="font-family:Arial;font-size:10pt;">Additionally in applying the “two-class” method, undistributed earnings </font><font style="font-family:Arial;font-size:10pt;">(losses) </font><font style="font-family:Arial;font-size:10pt;">are allocated to both common shares and participating securities. Our restricted stock grants are entitled to dividends and meet the criteria of a participating security.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.55px;">Undistributed earnings </font><font style="font-family:Arial;font-size:10pt;">(losses) </font><font style="font-family:Arial;font-size:10pt;">for each year are allocated based on the contractual participation rights of Class A and Class B common shares as if the earnings </font><font style="font-family:Arial;font-size:10pt;">(losses) </font><font style="font-family:Arial;font-size:10pt;">for the year had been distributed. In accordance with our Articles of Incorporation which provide that, if and when dividends are declared on our common stock in accordance with </font><font style="font-family:Arial;font-size:10pt;">Alaska</font><font style="font-family:Arial;font-size:10pt;"> corporate law, equivalent dividends shall be paid with respect to the shares of Class A and Class B common stock. Both classes of common stock have identical dividend rights and would therefore share equally in our net assets in the event of liquidation. As such, we have allocated undistributed earnings </font><font style="font-family:Arial;font-size:10pt;">(losses) </font><font style="font-family:Arial;font-size:10pt;">on a proportionate basis.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">Earnings </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">per common share (“EPS”) and common shares used to calculate basic and diluted EPS consist of the following (amounts in thousands, except per share amounts):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="7" style="width: 289px; text-align:center;border-color:#000000;min-width:289px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="7" style="width: 289px; text-align:center;border-color:#000000;min-width:289px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="3" style="width: 139px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:139px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 140px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:140px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 9px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:312px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Basic net income (loss) per share:</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;border-color:#000000;min-width:312px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Numerator:</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Allocation of undistributed earnings (losses)</font></td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (1,823)</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (134)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 1,818</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 112</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:312px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Denominator:</font></td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Weighted average common shares outstanding</font></td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 43,098</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,489</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Basic net income (loss) per share</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (0.04)</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (0.04)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 0.04</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">0.04</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 65px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:312px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Diluted net income (loss) per share:</font></td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;border-color:#000000;min-width:312px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Numerator:</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 35px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Allocation of undistributed earnings (losses) for
basic computation</font></td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (1,823)</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (134)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 1,818</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 112</font></td></tr><tr style="height: 53px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reallocation of undistributed earnings (losses) as a
result of conversion of Class B to Class A
shares</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (134)</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 112</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 68px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 293px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:293px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Net income (loss) adjusted for allocation of
undistributed earnings and effect of share based
compensation that may be settled in cash or
shares</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (1,957)</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (134)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 1,930</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 112</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 312px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:312px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Denominator:</font></td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Number of shares used in basic computation</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 43,098</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,489</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 33px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Conversion of Class B to Class A common shares
outstanding</font></td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 303px; text-align:left;border-color:#000000;min-width:303px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Unexercised stock options</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 71</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 35px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 293px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:293px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Number of shares used in per share
computations</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 46,276</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 54,745</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Diluted net income (loss) per share</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (0.04)</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (0.04)</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 0.04</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">0.04</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="7" style="width: 287px; text-align:center;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="7" style="width: 287px; text-align:center;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td colspan="3" style="width: 138px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:138px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 139px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:139px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 9px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 9px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:314px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Basic net income (loss) per share:</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;border-color:#000000;min-width:314px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Numerator:</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Allocation of undistributed earnings (losses) </font></td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (440)</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (32)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 3,394</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 210</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:314px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Denominator:</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 35px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Weighted average common shares
outstanding</font></td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 43,536</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,534</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Basic net income (loss) per share</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (0.01)</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (0.01)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 0.07</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 0.07</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 64px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:314px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Diluted net income (loss) per share:</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;border-color:#000000;min-width:314px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Numerator:</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Allocation of undistributed earnings (losses) for
basic computation</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (440)</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (32)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 3,394</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 210</font></td></tr><tr style="height: 51px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reallocation of undistributed earnings (losses) as a
result of conversion of Class B to Class A
shares</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (32)</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 210</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 51px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reallocation of undistributed earnings (losses) as a
result of conversion of Class B to Class A
shares outstanding</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (5)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 36px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Effect of share based compensation that
may be settled in cash or shares</font></td><td style="width: 64px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (75)</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 67px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 294px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:294px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Net income (loss) adjusted for allocation of
undistributed earnings and effect of share
based compensation that may be settled in
cash or shares</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (547)</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (37)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 3,604</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 210</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;border-color:#000000;min-width:284px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:314px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Denominator:</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"> </td><td style="width: 9px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Number of shares used in basic computation</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 43,536</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,534</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 33px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Conversion of Class B to Class A common
shares outstanding</font></td><td style="width: 64px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Unexercised stock options</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 67</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="4" style="width: 314px; text-align:left;border-color:#000000;min-width:314px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Number of shares used in per share computations</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 46,714</font></td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 54,786</font></td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 284px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:284px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Diluted net (loss) income per share</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ (0.01)</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (0.01)</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 0.07</font></td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 0.07</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">Weighted average shares associated with outstanding share awards for the three and six months ended June 30, 2011 and 2010, which have been excluded from the computations of diluted EPS, because the effect of including these share awards would have been anti-dilutive, consist of the following (shares, in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td colspan="4" style="width: 144px; text-align:center;border-color:#000000;min-width:144px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 133px; text-align:center;border-color:#000000;min-width:133px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td colspan="4" style="width: 144px; text-align:center;border-color:#000000;min-width:144px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td colspan="3" style="width: 133px; text-align:center;border-color:#000000;min-width:133px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td colspan="2" style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 9px; text-align:center;border-color:#000000;min-width:9px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Shares associated with anti-dilutive unexercised
stock options</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 36</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,077</font></td><td style="width: 9px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 9px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 14</font></td><td style="width: 10px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,053</font></td></tr><tr style="height: 51px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Share-based compensation that may be settled
in cash or shares, the effect of which is
anti-dilutive</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; text-align:right;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 515</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; text-align:right;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 233</font></td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 9px; text-align:right;border-color:#000000;min-width:9px;"> </td><td style="width: 61px; text-align:right;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 524</font></td><td style="width: 10px; text-align:right;border-color:#000000;min-width:10px;"> </td><td style="width: 62px; text-align:right;border-color:#000000;min-width:62px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 233</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">Additionally, 50,000 weighted average shares associated with contingent awards were excluded from the computation of diluted EPS </font><font style="font-family:Arial;font-size:10pt;">for the three and six months ended June 30, 2011 </font><font style="font-family:Arial;font-size:10pt;">because the contingencies of these awards hav</font><font style="font-family:Arial;font-size:10pt;">e not been met at June 30, 2011</font><font style="font-family:Arial;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.8px;">(g</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Common Stock</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:18px;">       Following are the changes in</font><font style="font-family:Arial;font-size:10pt;"> issued common stock for the six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011 and 2010 (shares, in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 45px; text-align:left;border-color:#000000;min-width:45px;"> </td><td style="width: 339px; text-align:left;border-color:#000000;min-width:339px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Balances at December 31, 2009</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,899</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,186</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Class B shares converted to Class A</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Shares issued upon stock option exercises</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 24</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Share awards issued</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 188</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Shares retired</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (132)</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Other</font></td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2)</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 45px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:45px;"> </td><td style="width: 339px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:339px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Balances at June 30, 2010</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 51,978</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,185</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 45px; text-align:left;border-color:#000000;min-width:45px;"> </td><td style="width: 339px; text-align:left;border-color:#000000;min-width:339px;"> </td><td style="width: 100px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:100px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:100px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Balances at December 31, 2010</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 44,213</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,178</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Class B shares converted to Class A</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Shares issued upon stock option exercises</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 37</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Share awards issued</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 416</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Shares retired</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,881)</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 384px; text-align:left;border-color:#000000;min-width:384px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Other</font></td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (25)</font></td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 45px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:45px;"> </td><td style="width: 339px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:339px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Balances at June 30, 2011</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 42,762</font></td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,176</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">GCI's Board of Directors has authorized a common stock buyback program for the repurchase of GCI's Class A and Class B common stock in order to reduce the outstanding shares of Class A and Class B common stock. We are authorized to increase our repurchase limit $5.0 million per quarter indefinitely and to use stock option exercise proceeds to repurchase additional shares. </font><font style="font-family:Arial;font-size:10pt;">If stock repurchases are less than the total approved quarterly amount the difference may be carried forward and used to repurchase additional shares in future quarters. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.7px;">Under the stock buyback program, we </font><font style="font-family:Arial;font-size:10pt;">repurchased </font><font style="font-family:Arial;font-size:10pt;">1.2 million and 171</font><font style="font-family:Arial;font-size:10pt;">,000 shares of our Class A and B common stock at a cost of $</font><font style="font-family:Arial;font-size:10pt;">14.1</font><font style="font-family:Arial;font-size:10pt;"> million </font><font style="font-family:Arial;font-size:10pt;">and $1.0 million</font><font style="font-family:Arial;font-size:10pt;">, during</font><font style="font-family:Arial;font-size:10pt;"> the three months ended June 30</font><font style="font-family:Arial;font-size:10pt;">, 2011 and 2010, respectively</font><font style="font-family:Arial;font-size:10pt;">. </font><font style="font-family:Arial;font-size:10pt;">During the six months ended June 30, 2011 and 2010 we repurchased 1.9 million and 224,000 shares of our Class A and B common stock at </font><font style="font-family:Arial;font-size:10pt;">a cost of </font><font style="font-family:Arial;font-size:10pt;">$21.1 million and $1.3 million, respectively. </font><font style="font-family:Arial;font-size:10pt;">The cost of the repurchased common stock reduced Common Stock on our Consolidated Balance Sheets. </font><font style="font-family:Arial;font-size:10pt;">The </font><font style="font-family:Arial;font-size:10pt;">2011 </font><font style="font-family:Arial;font-size:10pt;">repurchase</font><font style="font-family:Arial;font-size:10pt;">s</font><font style="font-family:Arial;font-size:10pt;"> reduced the amount available under the stock buyback program to $</font><font style="font-family:Arial;font-size:10pt;">114.4</font><font style="font-family:Arial;font-size:10pt;"> million</font><font style="font-family:Arial;font-size:10pt;"> at June 30</font><font style="font-family:Arial;font-size:10pt;">, 2011</font><font style="font-family:Arial;font-size:10pt;">. The repurchased stock was </font><font style="font-family:Arial;font-size:10pt;">constructively </font><font style="font-family:Arial;font-size:10pt;">retired as of </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011</font><font style="font-family:Arial;font-size:10pt;">.</font><font style="font-family:Arial;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:48px;">We expect to continue the repurchases for an indefinite period dependent on leverage, liquidity, company performance, market conditions and subje</font><font style="font-family:Arial;font-size:10pt;">ct to continued oversight </font><font style="font-family:Arial;font-size:10pt;">by GCI's</font><font style="font-family:Arial;font-size:10pt;"> Board of Directors. The </font><font style="font-family:Arial;font-size:10pt;">open market </font><font style="font-family:Arial;font-size:10pt;">repurchases have </font><font style="font-family:Arial;font-size:10pt;">complied </font><font style="font-family:Arial;font-size:10pt;">and will continue to comply with the restrictions of Rule 10b-18 under the Securities Exchange Act of 1934, as amended.</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.45px;">(h</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Use of Estimates</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.55px;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to estimates and assumptions include the allowance for doubtful receivables, unbilled revenues, accrual of the Universal Service Fund (“USF”) high cost area program support, share-based compensation, inventory reserves, reserve for future customer credits, valuation allowances for deferred income tax assets, depreciable and amortizable lives of assets, the carrying value of long-lived assets including goodwill, cable certificates and wireless licenses, purchase price allocations, deferred lease expense, asset retirement obligations, th</font><font style="font-family:Arial;font-size:10pt;">e accrual of Cost of Goods Sold (exclusive of depreciation and amortization)</font><font style="font-family:Arial;font-size:10pt;"> and the accrual of contingencies and litigation. Actual results could differ from those estimates.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">The accounting estimates related to revenues from the high cost USF program are dependent on various inputs including current line counts, the most current rates paid to us, and our assessment of the impact of new </font><font style="font-family:Arial;font-size:10pt;">Federal Communications Commission (“</font><font style="font-family:Arial;font-size:10pt;">FCC</font><font style="font-family:Arial;font-size:10pt;">”)</font><font style="font-family:Arial;font-size:10pt;"> regulations, and the potential outcome of FCC proceedings.  Some of the inputs are subjective and based on our judgment regarding the out</font><font style="font-family:Arial;font-size:10pt;">come of certain variables and are</font><font style="font-family:Arial;font-size:10pt;"> subject to upward or downward adjustment in subsequent periods.  </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">Effective in the </font><font style="font-family:Arial;font-size:10pt;">second quarter of 201</font><font style="font-family:Arial;font-size:10pt;">0</font><font style="font-family:Arial;font-size:10pt;">, we changed our USF high-cost area program support accrual methodology due to a change in our estimate of the current amounts expected to be paid to us.</font><font style="font-family:Arial;font-size:10pt;"> The effect of this change in estimate was a revenue increase of $4.7 million, a net income increase of $3.1 million, and a basic and diluted net income per share increase of $0.06 for the three and six months ended June 30, 2010.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.2px;">(i</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Classification of Taxes Collected from Customers</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:48.95px;">We report sales, use, excise, and value added taxes assessed by </font><font style="font-family:Arial;font-size:10pt;">a governmental authority that are</font><font style="font-family:Arial;font-size:10pt;"> directly imposed on a revenue-producing transaction between us and a customer on a net basis in our income statement. Following are certain surcharges </font><font style="font-family:Arial;font-size:10pt;">reported </font><font style="font-family:Arial;font-size:10pt;">on a gross basis in our</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">Consolidated </font><font style="font-family:Arial;font-size:10pt;">Statement of Operations</font><font style="font-family:Arial;font-size:10pt;"> for the three and six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011 </font><font style="font-family:Arial;font-size:10pt;">and </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">(amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 134px; text-align:center;border-color:#000000;min-width:134px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 134px; text-align:center;border-color:#000000;min-width:134px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 134px; text-align:center;border-color:#000000;min-width:134px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 134px; text-align:center;border-color:#000000;min-width:134px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 61px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Surcharges reported gross</font></td><td style="width: 16px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 63px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,376</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,416</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,800</font></td><td style="width: 10px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 61px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:61px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,751</font></td></tr></table></div>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(</font><font style="font-family:Arial;font-size:10pt;">2</font><font style="font-family:Arial;font-size:10pt;">)</font><font style="font-family:Arial;font-size:10pt;">       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Consolidated Statements of Cash Flows Supplemental Disclosures</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">       Change</font><font style="font-family:Arial;font-size:10pt;">s</font><font style="font-family:Arial;font-size:10pt;"> in operating</font><font style="font-family:Arial;font-size:10pt;"> assets and liabilities consist</font><font style="font-family:Arial;font-size:10pt;"> of (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:10pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 368px; text-align:left;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Six month period ended June 30,</font></td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase in accounts receivable</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (27,245)</font></td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (7,534)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase in prepaid expenses</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (3,191)</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2,903)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">(Increase) decrease in inventories</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (719)</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,609</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in other current assets</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 206</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 314</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in other assets</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,857</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,022</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase in accounts payable</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,361</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 867</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase in deferred revenues</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 864</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,040</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 35px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in accrued payroll and payroll related
obligations</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,559)</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2,893)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase in accrued liabilities</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 134</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,472</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in accrued interest</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (6,130)</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,393)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in subscriber deposits</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (49)</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (191)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Increase (decrease) in long-term deferred revenue</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 7,470</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,282)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Decrease in components of other long-term
liabilities</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,995)</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (562)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"> </td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (27,996)</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (6,434)</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:36px;">The following items are for the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;"> (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:10pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 368px; text-align:left;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Net cash paid or received:</font></td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 101px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:101px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Interest paid, net of amounts capitalized</font></td><td style="width: 19px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 40,614</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 101px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:101px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 35,740</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Income tax refund received</font></td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 101px; text-align:right;border-color:#000000;min-width:101px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,163</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:36px;">The following items are non-cash investing and financing activities for the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, </font><font style="font-family:Arial;font-size:10pt;">2011 </font><font style="font-family:Arial;font-size:10pt;">and 2010 (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:10pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 368px; text-align:left;border-color:#000000;min-width:368px;"> </td><td style="width: 19px; text-align:left;border-color:#000000;min-width:19px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 368px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Non-cash additions for purchases of property and
equipment</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 9,388</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,842</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 368px; text-align:left;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Asset retirement obligation additions to property and
equipment </font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 123</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 570</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 368px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Asset retirement obligation reductions to property and
equipment for revisions to previous estimates</font></td><td style="width: 19px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 294</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 368px; text-align:left;border-color:#000000;min-width:368px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Write-off of original issue discount on 2014 Notes</font></td><td style="width: 19px; text-align:right;border-color:#000000;min-width:19px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,530</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td></tr></table></div>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(3)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Intangible Assets</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Amortization expense for amortizable intangible assets was as follows (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 136px; text-align:center;border-color:#000000;min-width:136px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 136px; text-align:center;border-color:#000000;min-width:136px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 136px; text-align:center;border-color:#000000;min-width:136px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td colspan="3" style="width: 136px; text-align:center;border-color:#000000;min-width:136px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;border-color:#000000;min-width:304px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 10px; text-align:center;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 304px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:304px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Amortization expense</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 63px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,583</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,586</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 3,156</font></td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 63px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:63px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 3,297</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Amortization expense for amortizable intangible assets for each of the five succeeding fiscal years is estimated to be (amounts in thousands): </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Years Ending December 31,</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 5,877</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; text-align:center;background-color:#CCFFCC;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2012</font></td><td style="width: 20px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:20px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 4,059</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; text-align:center;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2013</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 3,001</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; text-align:center;background-color:#CCFFCC;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2014</font></td><td style="width: 20px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:20px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,141</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 191px; text-align:center;border-color:#000000;min-width:191px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2015</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;"> </td><td style="width: 73px; text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,414</font></td></tr></table></div>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0.350000000000001px;">(4</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Long-Term Debt</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:26.65px;">2021 Notes</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">On May 20, 2011 (</font><font style="font-family:Arial;font-size:10pt;">“Closing Date”), GCI, Inc. </font><font style="font-family:Arial;font-size:10pt;">our </font><font style="font-family:Arial;font-size:10pt;">wholly-owned subsidiary</font><font style="font-family:Arial;font-size:10pt;">, </font><font style="font-family:Arial;font-size:10pt;">completed an</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">offering</font><font style="font-family:Arial;font-size:10pt;"> of $325</font><font style="font-family:Arial;font-size:10pt;">.0 </font><font style="font-family:Arial;font-size:10pt;">million in a</font><font style="font-family:Arial;font-size:10pt;">ggregate principal amount of</font><font style="font-family:Arial;font-size:10pt;"> 6</font><font style="font-family:Arial;font-size:10pt;"> 3/4% Senior Notes due 2021 (</font><font style="font-family:Arial;font-size:10pt;">“2021 Notes”) at an issue price of 100% to qualified institutional buyers in reliance on Rule 144A under the Securiti</font><font style="font-family:Arial;font-size:10pt;">es Act of 1933, as amended (</font><font style="font-family:Arial;font-size:10pt;">“Securities Act”), and to persons outside the United States in accordance with Regulation S under the Securities Act. </font><font style="font-family:Arial;font-size:10pt;">We</font><font style="font-family:Arial;font-size:10pt;"> use</font><font style="font-family:Arial;font-size:10pt;">d the net proceeds from this o</font><font style="font-family:Arial;font-size:10pt;">fferin</font><font style="font-family:Arial;font-size:10pt;">g to repay and retire all </font><font style="font-family:Arial;font-size:10pt;">$320.0 million </font><font style="font-family:Arial;font-size:10pt;">of our</font><font style="font-family:Arial;font-size:10pt;"> outstanding senior unsecured notes due 2014</font><font style="font-family:Arial;font-size:10pt;"> (“2014 Notes”)</font><font style="font-family:Arial;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The 2021 Notes </font><font style="font-family:Arial;font-size:10pt;">mature on June 1, 2021. </font><font style="font-family:Arial;font-size:10pt;">Semi-annual interest payments are payable on June 1 and December 1,</font><font style="font-family:Arial;font-size:10pt;"> beginning on December 1, 2011.</font><font style="font-family:Arial;font-size:10pt;"> The 2021 Notes are carried on our Consolidated Balance Sheet.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The 2021 Notes are senior unsecured obligations which rank equall</font><font style="font-family:Arial;font-size:10pt;">y in right of payment with </font><font style="font-family:Arial;font-size:10pt;">our </font><font style="font-family:Arial;font-size:10pt;">existing and future senior unsecured debt, including </font><font style="font-family:Arial;font-size:10pt;">our </font><font style="font-family:Arial;font-size:10pt;">8 5/8% Senior Notes due 2019, and senior in right of payment to all </font><font style="font-family:Arial;font-size:10pt;">future subordinated indebtedness</font><font style="font-family:Arial;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The 2021 Notes were issued pursuant to an Indenture, dated as of the Closing Date, between </font><font style="font-family:Arial;font-size:10pt;">us </font><font style="font-family:Arial;font-size:10pt;">and Union Bank, N.A., as trustee</font><font style="font-family:Arial;font-size:10pt;">.</font><font style="font-family:Arial;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">We are</font><font style="font-family:Arial;font-size:10pt;"> not required to make mandatory sinking fund payments with respect to the 2021 Notes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">Upon the o</font><font style="font-family:Arial;font-size:10pt;">ccurrence of a change of control</font><font style="font-family:Arial;font-size:10pt;">, each holder of</font><font style="font-family:Arial;font-size:10pt;"> the</font><font style="font-family:Arial;font-size:10pt;"> 2021 Notes wi</font><font style="font-family:Arial;font-size:10pt;">ll have the right to require</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">us</font><font style="font-family:Arial;font-size:10pt;"> to purchase all or any part (equal to $1,000 or an integral multiple thereof, except that no 2021 Note will be purchased in part if the remaining portion thereof would not be at least $2,000) of such holder's 2021 Notes at a purchase price equal to 101% of the principal amount of such 2021 Notes, plus accrued and unpaid interest on such 2021 Notes, if any. If </font><font style="font-family:Arial;font-size:10pt;">we</font><font style="font-family:Arial;font-size:10pt;"> or certain of </font><font style="font-family:Arial;font-size:10pt;">our</font><font style="font-family:Arial;font-size:10pt;"> subsidiaries engage in asset sales, </font><font style="font-family:Arial;font-size:10pt;">we</font><font style="font-family:Arial;font-size:10pt;"> must generally either invest the net cash</font><font style="font-family:Arial;font-size:10pt;"> proceeds from such sales in our</font><font style="font-family:Arial;font-size:10pt;"> business within a period of time, prepay debt under any outstanding credit facility, or make an offer to purchase a principal amount of the 2021 Notes equal to the excess net cash proceeds, with the purchase price equal to 100% of their principal amount, plus accrued and unpaid interest, if any.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The covenants in the Indenture </font><font style="font-family:Arial;font-size:10pt;">restrict GCI, Inc.</font><font style="font-family:Arial;font-size:10pt;"> and certain of its subsidiaries </font><font style="font-family:Arial;font-size:10pt;">from </font><font style="font-family:Arial;font-size:10pt;">incur</font><font style="font-family:Arial;font-size:10pt;">ring</font><font style="font-family:Arial;font-size:10pt;"> additional debt</font><font style="font-family:Arial;font-size:10pt;">, but permits debt under the Senior Credit Facility and vendor financ</font><font style="font-family:Arial;font-size:10pt;">ing as long as our leverage ratio, as defined</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> does not exceed 5.5 to one;</font><font style="font-family:Arial;font-size:10pt;"> or</font><font style="font-family:Arial;font-size:10pt;"> enter into sale</font><font style="font-family:Arial;font-size:10pt;"> and leaseback transactions;</font><font style="font-family:Arial;font-size:10pt;"> pay dividends or distributions on capital stock </font><font style="font-family:Arial;font-size:10pt;">or repurch</font><font style="font-family:Arial;font-size:10pt;">ase capital stock; </font><font style="font-family:Arial;font-size:10pt;">issue stock of subsidiaries; make certain investments; </font><font style="font-family:Arial;font-size:10pt;">create lie</font><font style="font-family:Arial;font-size:10pt;">ns on assets to secure debt;</font><font style="font-family:Arial;font-size:10pt;"> enter into t</font><font style="font-family:Arial;font-size:10pt;">ransactions with affiliates; </font><font style="font-family:Arial;font-size:10pt;">merge or consolidate with another company;</font><font style="font-family:Arial;font-size:10pt;"> and</font><font style="font-family:Arial;font-size:10pt;"> transfer and sell assets. These covenants are subject to a number of limitations and exceptions, as further described in the Indenture.</font><font style="font-family:Arial;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">On July 7, 2011, GCI, Inc. </font><font style="font-family:Arial;font-size:10pt;">launched an exchange offer pursuant to which it offered new 2021 N</font><font style="font-family:Arial;font-size:10pt;">otes identical to the original n</font><font style="font-family:Arial;font-size:10pt;">otes except that the new 2021 Notes will have been registered under the Securities Act. The exchange offer is expected to close on or about August </font><font style="font-family:Arial;font-size:10pt;">13</font><font style="font-family:Arial;font-size:10pt;">, 2011. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.9px;">We </font><font style="font-family:Arial;font-size:10pt;">paid closing costs totaling $3.5</font><font style="font-family:Arial;font-size:10pt;"> million in connection with the offering, which were recorded as deferred loan costs and are being amortized over the term of the 2021 Notes. </font><font style="font-family:Arial;font-size:10pt;">We recorded a $9.1 million Loss on Extinguishment of Debt on our Consolidated Statement of Operations. Included in the loss was </font><font style="font-family:Arial;font-size:10pt;">$2.9 million in u</font><font style="font-family:Arial;font-size:10pt;">namortized deferred loan costs</font><font style="font-family:Arial;font-size:10pt;">, </font><font style="font-family:Arial;font-size:10pt;">$1.5 million </font><font style="font-family:Arial;font-size:10pt;">for the unamortized portion of the original issue discount </font><font style="font-family:Arial;font-size:10pt;">and </font><font style="font-family:Arial;font-size:10pt;">$4.7 million </font><font style="font-family:Arial;font-size:10pt;">in</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">call </font><font style="font-family:Arial;font-size:10pt;">premium</font><font style="font-family:Arial;font-size:10pt;"> payments</font><font style="font-family:Arial;font-size:10pt;"> to redeem our 2014 </font><font style="font-family:Arial;font-size:10pt;">Notes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0.350000000000001px;">       </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:26.65px;">Senior Credit Facility</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.9px;">In June 2011, GCI Ho</font><font style="font-family:Arial;font-size:10pt;">ldings, Inc. (“Holdings”), our </font><font style="font-family:Arial;font-size:10pt;">wholly owned subsidiary, entered into an Add-On Term Loan Supplement No. 1 (“Supplement No. 1”) to our Senior Credit Facility. The Supplement No. 1 provided for an additional $25.0 million term loan with an initial interest rate of LIBOR plus 2.5%, payable in accordance with the terms of our Senior Credit Facility.  Holdings used $20.0 million of the loan proceeds to pay down outstanding revolving loans under our Senior Credit Facility, thus increasing availability under the revolving portion of our Senior Credit Facility.  The remaining $5.0 million was used for general corporate purposes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:10pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Our Senior Credit Facility, which includes the Supplement No. 1 as discussed above, includes a $25.0 million term loan and a $75.0 million revolving credit facility with a $25.0 million sublimit for letters of credit.  </font><font style="font-family:Arial;font-size:10pt;">A</font><font style="font-family:Arial;font-size:10pt;"> total of $63.0 million </font><font style="font-family:Arial;font-size:10pt;">is </font><font style="font-family:Arial;font-size:10pt;">outstanding as of June 30, 2011. </font><font style="font-family:Arial;font-size:10pt;">The term loan is fully drawn as of June 30, 2011.  </font><font style="font-family:Arial;font-size:10pt;">Under the revolving portion of the Senior Credit Facility, w</font><font style="font-family:Arial;font-size:10pt;">e have borrowed $38.0 million and have $2.7 million of letters of credit outstanding, which leaves $34.3 million available for borrowing as of June 30, 2011.</font><font style="font-family:Arial;font-size:10pt;"> The Senior Credit Facility will mature on January 29, 2015.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(5</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Financial Instruments</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:26.65px;">Fair Value of Financial Instruments</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction bet</font><font style="font-family:Arial;font-size:10pt;">ween willing parties. At June 30, 2011</font><font style="font-family:Arial;font-size:10pt;"> and December 31, </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;">, the fair values of cash and cash equivalents, net receivables, accounts payable, accrued payroll and payroll related obligations, accrued interest, accrued liabilities, and subscriber deposits approximate their carrying value due to the short-term nature of these financial instruments. The carrying amounts and estimated fair values of our financial instruments at </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">and December 31, </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;"> follow (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 211px; text-align:left;border-color:#000000;min-width:211px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 173px; text-align:center;border-color:#000000;min-width:173px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td colspan="3" style="width: 174px; text-align:center;border-color:#000000;min-width:174px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">December 31,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 211px; text-align:left;border-color:#000000;min-width:211px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td colspan="3" style="width: 173px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:173px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td colspan="3" style="width: 174px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:174px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 211px; text-align:left;border-color:#000000;min-width:211px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying Amount</font></td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 82px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:82px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying Amount</font></td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value</font></td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 211px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:211px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Current and long-term debt and
capital lease obligations</font></td><td style="width: 16px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">921,611</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 82px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:82px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">957,100</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 83px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">872,882</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 83px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">908,286</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 211px; text-align:left;border-color:#000000;min-width:211px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Other liabilities</font></td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 83px; text-align:right;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">79,242</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 82px; text-align:right;border-color:#000000;min-width:82px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">78,372</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 83px; text-align:right;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">73,309</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 83px; text-align:right;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">72,065</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.35px;">The following methods and assumptions were used to estimate fair values:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">Current and long-term debt and capital lease obligatio</font><font style="font-family:Arial;font-size:10pt;">ns: The fair values of our 2021 Notes, 2019</font><font style="font-family:Arial;font-size:10pt;"> Notes</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> 2014 Notes</font><font style="font-family:Arial;font-size:10pt;">, </font><font style="font-family:Arial;font-size:10pt;">Rural Utilities Service (“</font><font style="font-family:Arial;font-size:10pt;">RUS</font><font style="font-family:Arial;font-size:10pt;">”)</font><font style="font-family:Arial;font-size:10pt;"> debt, CoBank mortgage note payable, and capital leases are based upon quoted market prices for the same or similar issues or on the current rates offered to us for the same remaining maturities. The fair value of our Senior Credit Facility is estimated to approximate the carrying value because this instrument is subject to variable interest rates. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:49.5px;">Other Liabilities: Lease escalation liabilities are valued at the discounted amount of future cash flows using quoted market prices on current rates offered to us. Deferred compensation liabilities are carried at fair value, which is the amount payable as of the balance sheet date. Asset retirement obligations are recorded at their fair value and, over time, the liability is accreted to its present value each period. Our non-employee share-based compensation awards are reported at their fair value at each reporting period.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:27.45px;">Fair Value Measurements</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.35px;">Assets measured at fair value on a recurring basis as of </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011</font><font style="font-family:Arial;font-size:10pt;"> and December 31, </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;"> were as follows (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; text-align:left;border-color:#000000;min-width:235px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td colspan="5" style="width: 339px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:339px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value Measurement at Reporting Date Using</font></td></tr><tr style="height: 102px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">June 30, 2011 Assets</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 93px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:93px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Quoted Prices in Active Markets for Identical Assets (Level 1)</font></td><td style="width: 14px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:108px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Other Observable Inputs (Level 2)</font></td><td style="width: 14px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Unobservable Inputs (Level 3)</font></td></tr><tr style="height: 34px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Deferred compensation plan assets
(mutual funds)</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 93px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:93px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,713</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:108px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 18px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; text-align:left;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total assets at fair value</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 93px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:93px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,713</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:108px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 18px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:235px;"> </td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 93px; border-top-style:double;border-top-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:93px;"> </td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-top-style:double;border-top-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:108px;"> </td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-top-style:double;border-top-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:110px;"> </td></tr><tr style="height: 17px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">December 31, 2010 Assets</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 93px; text-align:right;border-color:#000000;min-width:93px;"> </td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; text-align:right;border-color:#000000;min-width:108px;"> </td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"> </td></tr><tr style="height: 34px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Deferred compensation plan assets
(mutual funds)</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 93px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:93px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,678</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:108px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 18px"><td style="width: 67px; text-align:left;border-color:#000000;min-width:67px;"> </td><td style="width: 235px; text-align:left;border-color:#000000;min-width:235px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total assets at fair value</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 93px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:93px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,678</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 108px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:108px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 110px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:30px;">The </font><font style="font-family:Arial;font-size:10pt;">valuatio</font><font style="font-family:Arial;font-size:10pt;">n of our </font><font style="font-family:Arial;font-size:10pt;">mutual</font><font style="font-family:Arial;font-size:10pt;"> funds is</font><font style="font-family:Arial;font-size:10pt;"> determined using quoted market prices in active markets utilizing market observable inputs. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times;font-size:11pt;margin-left:0px;">(</font><font style="font-family:Arial;font-size:10pt;">6</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Share-Based Compensation</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.1px;">Our Amended and Restated 1986 Stock Option Plan ("Stock Option Plan"), provides for the grant of options and restricted stock awards (collectively "award") for a maximum of 15.7 million shares of GCI Class A common stock, subject to adjustment upon the occurrence of stock dividends, stock splits, mergers, consolidations or certain other changes in corporate structure or capitalization. If an award expires or terminates, the shares subject to the award will be available for further grants of awards under the Stock Option Plan. The Compensation Committee of GCI's Board of Directors administers the Stock Option Plan. Substantially all restricted stock awards granted vest over periods of up to three years. Substantially all options vest in equal installments over a period of five years and expire ten years from the date of grant. The requisite service period of our awards is generally the same as the vesting period. Options granted pursuant to the Stock Option Plan are only exercisable if at the time of exercise the option holder is our employee, non-employee director, or a consultant or advisor working on our behalf. New shares </font><font style="font-family:Arial;font-size:10pt;">of GCI Class A common stock </font><font style="font-family:Arial;font-size:10pt;">are issued when stock option agreements are exercised or restricted stock awards are granted. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.35px;">The fair value of restricted stock awards is determined based on the number of shares granted and the quoted price of our common stock. We use a Black-Scholes-Merton option pricing model to estimate the fair value of stock options issued. The Black-Scholes-Merton option pricing model incorporates various and highly subjective assumptions, including expected term and expected volatility. We have reviewed our historical pattern of option exercises and have determined that meaningful differences in option exercise activity existed among employee job categories. Therefore, we have categorized these awards into two groups of employees for valuation purposes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">The weighted average grant date fair value of options granted during the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">2010 </font><font style="font-family:Arial;font-size:10pt;">was </font><font style="font-family:Arial;font-size:10pt;">$</font><font style="font-family:Arial;font-size:10pt;">2.84</font><font style="font-family:Arial;font-size:10pt;"> per share. There were no options granted during the </font><font style="font-family:Arial;font-size:10pt;">six months ended June 30</font><font style="font-family:Arial;font-size:10pt;">, 2011</font><font style="font-family:Arial;font-size:10pt;">. The total fair value of options vesting during the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">2011</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">2010 was $</font><font style="font-family:Arial;font-size:10pt;">97,000</font><font style="font-family:Arial;font-size:10pt;"> and $</font><font style="font-family:Arial;font-size:10pt;">82</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;">, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.65px;">The following is a summary of our share-based compensation expense for the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">2011</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">2010</font><font style="font-family:Arial;font-size:10pt;"> (in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 361px; text-align:left;border-color:#000000;min-width:361px;"> </td><td style="width: 14px; text-align:left;border-color:#000000;min-width:14px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 361px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:361px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Employee share-based compensation expense</font></td><td style="width: 14px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,968</font></td><td style="width: 16px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,285</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 361px; text-align:left;border-color:#000000;min-width:361px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Adjustment to fair value of liability classified awards</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (128)</font></td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 161</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 361px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:361px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> Total share-based compensation expense</font></td><td style="width: 14px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,840</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,446</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Share-based compensation expense is classified as selling, general and</font><font style="font-family:Arial;font-size:10pt;"> administrative expense in our Consolidated S</font><font style="font-family:Arial;font-size:10pt;">tatement</font><font style="font-family:Arial;font-size:10pt;"> of Operations</font><font style="font-family:Arial;font-size:10pt;">. Unrecognized share-based compensation expense </font><font style="font-family:Arial;font-size:10pt;">was </font><font style="font-family:Arial;font-size:10pt;">$</font><font style="font-family:Arial;font-size:10pt;">6</font><font style="font-family:Arial;font-size:10pt;">.4 </font><font style="font-family:Arial;font-size:10pt;">million</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">relating to </font><font style="font-family:Arial;font-size:10pt;">2.5</font><font style="font-family:Arial;font-size:10pt;"> million restricted</font><font style="font-family:Arial;font-size:10pt;"> stock awards and $</font><font style="font-family:Arial;font-size:10pt;">490,000</font><font style="font-family:Arial;font-size:10pt;"> relating to </font><font style="font-family:Arial;font-size:10pt;">3</font><font style="font-family:Arial;font-size:10pt;">08</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">unvested</font><font style="font-family:Arial;font-size:10pt;"> stock options as of </font><font style="font-family:Arial;font-size:10pt;">June 30, 2011</font><font style="font-family:Arial;font-size:10pt;">. We expect to recognize share-based compensation expense over a weighted average period </font><font style="font-family:Arial;font-size:10pt;">of </font><font style="font-family:Arial;font-size:10pt;">1.3</font><font style="font-family:Arial;font-size:10pt;"> years for stock options </font><font style="font-family:Arial;font-size:10pt;">and</font><font style="font-family:Arial;font-size:10pt;"> restricted stock awards.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.35px;">A summary of option activity under the Stock Option Plan for the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011 </font><font style="font-family:Arial;font-size:10pt;">follows (share amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 69px; text-align:left;border-color:#000000;min-width:69px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted</font></td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; text-align:left;border-color:#000000;min-width:89px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 69px; text-align:left;border-color:#000000;min-width:69px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; text-align:center;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Average</font></td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; text-align:center;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Aggregate</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 69px; text-align:left;border-color:#000000;min-width:69px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; text-align:center;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Average</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Remaining </font></td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; text-align:center;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Intrinsic</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 69px; text-align:center;border-color:#000000;min-width:69px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; text-align:center;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Exercise </font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Contractual</font></td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; text-align:center;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Value</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 69px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:69px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Shares</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Price</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Term</font></td><td style="width: 5px; text-align:center;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">(in thousands)</font></td></tr><tr style="height: 32px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 253px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:253px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Outstanding at December 31, 2010</font></td><td style="width: 69px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:69px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,249</font></td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 7.08</font></td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:86px;"> </td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:89px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Exercised</font></td><td style="width: 69px; text-align:right;border-color:#000000;min-width:69px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (37)</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 7.66</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; text-align:left;border-color:#000000;min-width:86px;"> </td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; text-align:left;border-color:#000000;min-width:89px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 253px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:253px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Outstanding at June 30, 2011</font></td><td style="width: 69px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:69px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,212</font></td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 7.06</font></td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; border-bottom-style:double;border-bottom-width:3px;text-align:center;background-color:#CCFFCC;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">3.9 years</font></td><td style="width: 5px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$ 6,082</font></td></tr><tr style="height: 19px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 253px; text-align:left;border-color:#000000;min-width:253px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Exercisable at June 30, 2011</font></td><td style="width: 69px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:69px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 904</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 75px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$ 7.32</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 86px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:center;border-color:#000000;min-width:86px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2.6 years</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;"> </td><td style="width: 89px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:89px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$ 4,309</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.45px;">A summ</font><font style="font-family:Arial;font-size:10pt;">ary of n</font><font style="font-family:Arial;font-size:10pt;">onvested restricted stock award </font><font style="font-family:Arial;font-size:10pt;">activity</font><font style="font-family:Arial;font-size:10pt;"> under the Stock Option Plan </font><font style="font-family:Arial;font-size:10pt;">for </font><font style="font-family:Arial;font-size:10pt;">the six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">follows</font><font style="font-family:Arial;font-size:10pt;"> (share amounts in thousands):</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;"> </td><td style="width: 100px; text-align:left;border-color:#000000;min-width:100px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted</font></td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;"> </td><td style="width: 100px; text-align:left;border-color:#000000;min-width:100px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Average</font></td><td style="width: 16px; text-align:center;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;"> </td><td style="width: 100px; text-align:center;border-color:#000000;min-width:100px;"> </td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Grant Date</font></td><td style="width: 16px; text-align:center;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 370px; text-align:left;border-color:#000000;min-width:370px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Shares</font></td><td style="width: 16px; text-align:left;border-color:#000000;min-width:16px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value</font></td><td style="width: 16px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 370px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:370px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Nonvested at December 31, 2010</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,196</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">5.29</font></td><td style="width: 16px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Granted</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 417</font></td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">12.30</font></td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:355px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Vested</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (121)</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">12.31</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 355px; text-align:left;border-color:#000000;min-width:355px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Forfeited</font></td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (12)</font></td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">6.61</font></td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"> </td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 370px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:370px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Nonvested at June 30, 2011</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,480</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 100px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">6.12</font></td><td style="width: 16px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:16px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">At June 30, 2011</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">3.8</font><font style="font-family:Arial;font-size:10pt;"> million shares were </font><font style="font-family:Arial;font-size:10pt;">available for grant </font><font style="font-family:Arial;font-size:10pt;">under the S</font><font style="font-family:Arial;font-size:10pt;">tock Option Plan.</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">The total intrinsic values, determined as of the date of exercise, of options exercised during the </font><font style="font-family:Arial;font-size:10pt;">six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011 </font><font style="font-family:Arial;font-size:10pt;">and </font><font style="font-family:Arial;font-size:10pt;">2010 </font><font style="font-family:Arial;font-size:10pt;">were </font><font style="font-family:Arial;font-size:10pt;">$</font><font style="font-family:Arial;font-size:10pt;">155</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;"> and $</font><font style="font-family:Arial;font-size:10pt;">4</font><font style="font-family:Arial;font-size:10pt;">8</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;">, respecti</font><font style="font-family:Arial;font-size:10pt;">vely. We received </font><font style="font-family:Arial;font-size:10pt;">$</font><font style="font-family:Arial;font-size:10pt;">285</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;"> and $</font><font style="font-family:Arial;font-size:10pt;">111</font><font style="font-family:Arial;font-size:10pt;">,000</font><font style="font-family:Arial;font-size:10pt;"> in cash from stock option exercises during </font><font style="font-family:Arial;font-size:10pt;">the six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011 and 2010</font><font style="font-family:Arial;font-size:10pt;">, respectively. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">The following is a summary of activity for stock option grants that were not made pursuant to the Stock Option Plan for the </font><font style="font-family:Arial;font-size:10pt;">six</font><font style="font-family:Arial;font-size:10pt;"> months ended </font><font style="font-family:Arial;font-size:10pt;">June 30</font><font style="font-family:Arial;font-size:10pt;">, 2010 </font><font style="font-family:Arial;font-size:10pt;">and 2011 </font><font style="font-family:Arial;font-size:10pt;">(share amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 21px; text-align:left;border-color:#000000;min-width:21px;"> </td><td style="width: 360px; text-align:left;border-color:#000000;min-width:360px;"> </td><td style="width: 105px; text-align:left;border-color:#000000;min-width:105px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; text-align:center;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 21px; text-align:left;border-color:#000000;min-width:21px;"> </td><td style="width: 360px; text-align:left;border-color:#000000;min-width:360px;"> </td><td style="width: 105px; text-align:left;border-color:#000000;min-width:105px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; text-align:center;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Average</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 21px; text-align:left;border-color:#000000;min-width:21px;"> </td><td style="width: 360px; text-align:left;border-color:#000000;min-width:360px;"> </td><td style="width: 105px; text-align:center;border-color:#000000;min-width:105px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; text-align:center;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Exercise</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 381px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:381px;"> </td><td style="width: 105px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Shares</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Price</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 381px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:381px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Outstanding at December 31, 2009</font></td><td style="width: 105px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 150</font></td><td style="width: 15px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 105px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">6.50</font></td></tr><tr style="height: 20px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 21px; text-align:left;border-color:#000000;min-width:21px;"> </td><td style="width: 360px; text-align:left;border-color:#000000;min-width:360px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Options forfeited and retired</font></td><td style="width: 105px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (150)</font></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 105px; text-align:right;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">6.50</font></td></tr><tr style="height: 21px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 381px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:381px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Outstanding at June 30, 2010 and 2011</font></td><td style="width: 105px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:105px;"> </td></tr><tr style="height: 22px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 381px; text-align:left;border-color:#000000;min-width:381px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Available for grant at June 30, 2011</font></td><td style="width: 105px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:105px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 105px; text-align:right;border-color:#000000;min-width:105px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.1px;">In January 2001 we entered into an aircraft operating lease agreement with a company owned by our President and Chief Executive Officer. The lease was amended </font><font style="font-family:Arial;font-size:10pt;">several times, most recently on May 9, 2011. </font><font style="font-family:Arial;font-size:10pt;">Upon signing the lease</font><font style="font-family:Arial;font-size:10pt;"> in January 2001</font><font style="font-family:Arial;font-size:10pt;">, the lessor was granted an option to purchase 250,000 shares of GCI Class A common stock at $6.50 per share, of which 100,000 shares were exercised during the year ended December 31, 2006 and the remaining 150,000 shares expired on March 31, 2010.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(7</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Industry Segments Data</font><font style="font-family:Arial;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Our reportable segments are business units that offer different products and are each managed separately. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">A description of our reportable segments follows:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:40.5px;">Consumer</font><font style="font-family:Arial;font-size:10pt;"> - We offer a full range of voice, video, data and wireless services to residential customers. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:40.5px;">Network Access</font><font style="font-family:Arial;font-size:10pt;"> - We offer a full range of voice, data and wireless services to common carrier customers.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:40.3px;">Commercial</font><font style="font-family:Arial;font-size:10pt;"> - We offer a full range of voice, video, data and wireless services to small businesses, local, national and global businesses, governmental entities and public and private educational institutions.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:40.5px;">Managed Broadband</font><font style="font-family:Arial;font-size:10pt;"> - We offer data services to rural school districts, hospitals and health clinics through our SchoolAccess</font><font style="font-family:Arial;font-size:10pt;">®</font><font style="font-family:Arial;font-size:10pt;"> and ConnectMD</font><font style="font-family:Arial;font-size:10pt;">®</font><font style="font-family:Arial;font-size:10pt;"> initiatives and managed video conferencing.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:40.5px;">Regulated Operations</font><font style="font-family:Arial;font-size:10pt;"> - We offer voice and data services to residential, business, and governmental customers in areas of rural Alaska.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">       </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.9px;">Corporate related expenses including engineering, information technology, accounting, legal and regulatory, human resources, and other general and administrative expenses for the </font><font style="font-family:Arial;font-size:10pt;">three and six months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">June 30,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">2011 </font><font style="font-family:Arial;font-size:10pt;">and </font><font style="font-family:Arial;font-size:10pt;">2010 </font><font style="font-family:Arial;font-size:10pt;">are allocated to our segments using segment margin for t</font><font style="font-family:Arial;font-size:10pt;">he years ended December 31, 2010 and 2009</font><font style="font-family:Arial;font-size:10pt;">, respectively. Bad debt expense for the </font><font style="font-family:Arial;font-size:10pt;">three and six months ended June 30, 2011 and 2010 </font><font style="font-family:Arial;font-size:10pt;">is allocated to our segments using a combination of specific identification and allocations based upon segment revenue for the </font><font style="font-family:Arial;font-size:10pt;">three and six months ended June 30, 2011 and 2010</font><font style="font-family:Arial;font-size:10pt;">, respectively. Corporate related expenses and bad debt expense are specifically identified for our Regulated Operations segment and therefore, are not included in the allocations.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.9px;">We evaluate performance and allocate resources based on earnings before depreciation and amortization expense, net interest expense, income taxes, share-based compensation expense, accretion expense and non-cash contribution adjustment (“Adjusted EBITDA”). Management believes that this measure is useful to investors and other users of our financial information in evaluating operating profitability as an analytical indicator of income generated to service debt and fund capital expenditures. In addition, multiples of current or projected EBITDA are used to estimate current or prospective enterprise value.</font><font style="font-family:Times;font-size:11pt;"> </font><font style="font-family:Arial;font-size:10pt;">The</font><font style="font-family:Arial;font-size:10pt;"> accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies in note 1 in the “Notes to Consolidated Financial Statements” included in </font><font style="font-family:Arial;font-size:10pt;">Part II of our December 31, 2010</font><font style="font-family:Arial;font-size:10pt;"> annual report on Form 10-K. Intersegment sales are recorded at cost plus an agreed upon intercompany profit.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.9px;">We earn all revenues through sales of services and products within the United States. All of our long-lived assets are located within the United States of America, except approximately 82% of our undersea fiber optic cable systems which transit international waters and all of our satellite transponders.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">Summarized financial information for our reportable segments for the </font><font style="font-family:Arial;font-size:10pt;">three and six months ended</font><font style="font-family:Arial;font-size:10pt;"> June 30, 2011 and 2010 </font><font style="font-family:Arial;font-size:10pt;">follows (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 55px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;border-color:#000000;min-width:112px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Three months ended June 30,</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Consumer</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Network Access</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Commercial</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Managed Broadband</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Regulated Operations</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Total Reportable Segments</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:112px;"><font style="TEXT-DECORATION: underline;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">2011</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:71px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:74px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;border-color:#000000;min-width:112px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Revenues:</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; text-align:left;border-color:#000000;min-width:71px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 102px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:102px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Intersegment</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,416</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 44</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,460</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 102px; text-align:left;border-color:#000000;min-width:102px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">External</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 88,554</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 25,151</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 34,216</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 14,639</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,529</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 168,089</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 11px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:11px;"> </td><td style="width: 91px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:91px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total revenues</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 88,554</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 25,151</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 35,632</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 14,639</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,573</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 169,549</font></td></tr><tr style="height: 19px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;border-color:#000000;min-width:112px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Adjusted EBITDA</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 28,258</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 12,344</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 7,401</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,709</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,221</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 54,933</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 91px; text-align:left;border-color:#000000;min-width:91px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:71px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:112px;"><font style="TEXT-DECORATION: underline;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">2010</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:71px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:74px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;border-color:#000000;min-width:112px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Revenues:</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; text-align:left;border-color:#000000;min-width:71px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 102px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:102px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Intersegment</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> (5)</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,326</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 48</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,369</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td colspan="2" style="width: 102px; text-align:left;border-color:#000000;min-width:102px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">External</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 87,149</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 27,112</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 32,071</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 10,387</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,607</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 162,326</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 11px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:11px;"> </td><td style="width: 91px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:91px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total revenues</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 87,149</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 27,107</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 33,397</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 10,387</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 5,655</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 163,695</font></td></tr><tr style="height: 19px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 112px; text-align:left;border-color:#000000;min-width:112px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Adjusted EBITDA</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 31,255</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 13,187</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 8,044</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 71px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:71px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 3,148</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 74px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,717</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 57,351</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 51px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Six months ended June 30,</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Consumer</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Network Access</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Commercial</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Managed Broadband</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Regulated Operations</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Total Reportable Segments</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:109px;"><font style="TEXT-DECORATION: underline;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">2011</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Revenues:</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td colspan="2" style="width: 100px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Intersegment</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,825</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 113</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,938</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="2" style="width: 100px; text-align:left;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">External</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 176,971</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 50,248</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 66,045</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 28,634</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 10,968</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 332,866</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 90px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total revenues</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 176,971</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 50,248</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 68,870</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 28,634</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 11,081</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 335,804</font></td></tr><tr style="height: 19px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Adjusted EBITDA</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 56,651</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 24,224</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 14,063</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 11,420</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1,921</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 108,279</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;"> </td><td style="width: 90px; text-align:left;border-color:#000000;min-width:90px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="TEXT-DECORATION: underline;FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Revenues:</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:left;border-color:#000000;min-width:77px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:left;border-color:#000000;min-width:72px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td colspan="2" style="width: 100px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Intersegment</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 1</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,656</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 88</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 2,745</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;border-color:#000000;min-width:9px;"> </td><td colspan="2" style="width: 100px; text-align:left;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">External</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 167,517</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 53,295</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 59,794</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 22,472</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 11,667</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 314,745</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 9px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:9px;"> </td><td style="width: 10px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:10px;"> </td><td style="width: 90px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Total revenues</font></td><td style="width: 13px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 167,517</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 53,296</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 62,450</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 22,472</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 11,755</font></td><td style="width: 8px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 317,490</font></td></tr><tr style="height: 19px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="3" style="width: 109px; text-align:left;border-color:#000000;min-width:109px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Adjusted EBITDA</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 57,207</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 25,178</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 77px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:77px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 14,401</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 72px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 8,063</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 3,560</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 73px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 108,409</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:26.1px;">A reconciliation of reportable segment revenues to consolidated revenues follows (amounts in thousands): </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td colspan="2" style="width: 159px; text-align:center;border-color:#000000;min-width:159px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 159px; text-align:center;border-color:#000000;min-width:159px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td colspan="2" style="width: 159px; text-align:center;border-color:#000000;min-width:159px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 159px; text-align:center;border-color:#000000;min-width:159px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 238px; text-align:left;border-color:#000000;min-width:238px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 79px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 79px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 256px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:256px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reportable segment revenues</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 169,549</font></td><td style="width: 79px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 163,695</font></td><td style="width: 12px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 335,804</font></td><td style="width: 79px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 317,490</font></td></tr><tr style="height: 33px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 256px; text-align:left;border-color:#000000;min-width:256px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Less intersegment revenues eliminated in
consolidation</font></td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,460</font></td><td style="width: 79px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,369</font></td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,938</font></td><td style="width: 79px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,745</font></td></tr><tr style="height: 18px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:18px;"> </td><td style="width: 238px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:238px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Consolidated revenues</font></td><td style="width: 15px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 168,089</font></td><td style="width: 79px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 162,326</font></td><td style="width: 12px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 332,866</font></td><td style="width: 79px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:79px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;"> 314,745</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">A reconc</font><font style="font-family:Arial;font-size:10pt;">iliation of reportable segment A</font><font style="font-family:Arial;font-size:10pt;">djusted EBITDA to consolidated income </font><font style="font-family:Arial;font-size:10pt;">(loss) </font><font style="font-family:Arial;font-size:10pt;">before income taxes follows (amounts in thousands):</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"> </td><td style="width: 14px; text-align:left;border-color:#000000;min-width:14px;"> </td><td colspan="2" style="width: 162px; text-align:center;border-color:#000000;min-width:162px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 162px; text-align:center;border-color:#000000;min-width:162px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"> </td><td style="width: 14px; text-align:left;border-color:#000000;min-width:14px;"> </td><td colspan="2" style="width: 162px; text-align:center;border-color:#000000;min-width:162px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 162px; text-align:center;border-color:#000000;min-width:162px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">June 30,</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"> </td><td style="width: 14px; text-align:left;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 12px; text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reportable segment Adjusted EBITDA</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 54,933</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 57,351</font></td><td style="width: 12px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 108,279</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 108,409</font></td></tr><tr style="height: 34px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Less depreciation and amortization
expense</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (30,632)</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (30,820)</font></td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (62,352)</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (61,946)</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Less share-based compensation expense</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,670)</font></td><td style="width: 81px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,643)</font></td><td style="width: 12px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2,840)</font></td><td style="width: 81px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (2,446)</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Plus other expense</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 9</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 160</font></td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 33</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 160</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Less accretion expense</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (194)</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 12px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (266)</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Consolidated operating income</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 22,446</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 25,048</font></td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 42,854</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 44,177</font></td></tr><tr style="height: 17px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td colspan="2" style="width: 255px; text-align:left;background-color:#CCFFCC;border-color:#000000;min-width:255px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Less other expense, net</font></td><td style="width: 14px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:14px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (26,410)</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (17,653)</font></td><td style="width: 12px; text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (43,882)</font></td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#CCFFCC;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (35,272)</font></td></tr><tr style="height: 35px"><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 18px; text-align:left;border-color:#000000;min-width:18px;"> </td><td style="width: 237px; text-align:left;border-color:#000000;min-width:237px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;">Consolidated income (loss) before
income tax (expense) benefit</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (3,964)</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 7,395</font></td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> (1,028)</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Arial;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 8,905</font></td></tr></table></div>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(8</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Commitments and Contingencies</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:27.35px;">Litigation, Disputes, and Regulatory Matters</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.45px;">We are involved in various lawsuits, billing disputes, legal proceedings, and regulatory matters that have arisen from time to time in the normal course of business. While the ultimate results of these items cannot be predicted with certainty, we do not expect at this time for the resolution of them to have a material adverse effect on our financial position, results of operations or liquidity.</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">In addition we are involved in the following matters:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:45.45px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">In </font><font style="font-family:Arial;font-size:10pt;">September 2008, the FCC's Office of Inspector General ("OIG") initiated an investigation regarding Alaska DigiTel LLC's (“Alaska DigiTel”) compliance with program rules and requirements under the Lifeline Program. The request covered the period beginning January 1, 2004 through August 31, 2008 and related to amounts received for Lifeline service. Alaska DigiTel was an Alaska based wireless communications company of which we acquired an 81.9% equity interest on January 2, 2007 and the remaining 18.1% equity interest on August 18, 2008 and was subsequently merged with one of our wholly owned subsidiaries in April 2009. Prior to August 18, 2008, our control over the operations of Alaska DigiTel was limited as required by the FCC upon its approval of our initial acquisition completed in January 2007. We responded to this request on behalf of Alaska DigiTel and the GCI companies as affiliates. On January 18, 2011 we reached an agreement with the FCC and the Department of Justice to settle the matter, which required us to contribute $1.6 million to the United States Treasury and granted us a broad release of claims including those under the False Claims Act. </font><font style="font-family:Arial;font-size:10pt;">The $1.6 million contribution, of which $154,000, $661,000 and $741,000 </font><font style="font-family:Arial;font-size:10pt;">were</font><font style="font-family:Arial;font-size:10pt;"> recognized in selling, general and administrative expense in the income statement</font><font style="font-family:Arial;font-size:10pt;">s</font><font style="font-family:Arial;font-size:10pt;"> in the years ending December 31, 2010, 2009 and 2008, respectively, was paid in January 2011;</font><font style="font-family:Arial;font-size:10pt;"> and</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:45.45px;list-style:disc;"><font style="font-family:Arial;font-size:10pt;">In August 2010, a GCI-owned aircraft was involved in an accident resulting in five fatalities and injuries to the remaining four passengers on board</font><font style="font-family:Arial;font-size:11pt;">. </font><font style="font-family:Arial;font-size:11pt;"> </font><font style="font-family:Arial;font-size:10pt;">We had aircraft and liability insurance coverage in effect at the time of the accident. We cannot predict the likelihood or nature of </font><font style="font-family:Arial;font-size:10pt;">the total</font><font style="font-family:Arial;font-size:10pt;"> potential claims related to the accident.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:27.45px;">TERRA-Southwest</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:28.35px;">In January 2010 the U.S. Department of Agriculture's RUS approved our wholly-owned subsidiary, </font><font style="font-family:Arial;font-size:10pt;">U</font><font style="font-family:Arial;font-size:10pt;">nited Utilities, Inc.</font><font style="font-family:Arial;font-size:10pt;">'s</font><font style="font-family:Arial;font-size:10pt;"> (“UUI”)</font><font style="font-family:Arial;font-size:10pt;"> application for an $88.2 million loan/grant combination to extend terrestrial broadband service for the first time to Bristol Bay and the Yukon-Kuskokwim Delta, an area in Alaska roughly the size of the state of North Dako</font><font style="font-family:Arial;font-size:10pt;">ta. Upon completion</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> this project, called </font><font style="font-family:Arial;font-size:10pt;">TERRA-Southwest (“TERRA-SW”)</font><font style="font-family:Arial;font-size:10pt;">,</font><font style="font-family:Arial;font-size:10pt;"> will be able to serve over 9,000 households and over 700 businesses in the 65 covered communities. The project will also be able to serve numerous public/non-profit/private community anchor institutions and entities, such as regional health care providers, school districts, and other regional and Alaska native organizations. The RUS award, consisting of a $44.2 million loan and a $44.0 million grant, </font><font style="font-family:Arial;font-size:10pt;">is</font><font style="font-family:Arial;font-size:10pt;"> made under the RUS Broadband Initiatives Program established pursuant to the American Recovery and Reinvestment Act. The award fund</font><font style="font-family:Arial;font-size:10pt;">s</font><font style="font-family:Arial;font-size:10pt;"> backbone network facilities that we would not otherwise be able to construct within our return-on-investment requirements</font><font style="font-family:Arial;font-size:10pt;">. </font><font style="font-family:Arial;font-size:10pt;">UUI started </font><font style="font-family:Arial;font-size:10pt;">construction on TERRA-SW in 2010 and expects to complete the project in 2012 or earlier if possible.</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">We have borrowed $2.8 million in loan funds, </font><font style="font-family:Arial;font-size:10pt;">leaving</font><font style="font-family:Arial;font-size:10pt;"> $41.4 million </font><font style="font-family:Arial;font-size:10pt;">remaining</font><font style="font-family:Arial;font-size:10pt;"> loan funds available as of June 30, 2011 for our TERRA-SW project. We have received $2.8 million in grant funds, </font><font style="font-family:Arial;font-size:10pt;">leaving $</font><font style="font-family:Arial;font-size:10pt;">41</font><font style="font-family:Arial;font-size:10pt;">.2 million remaining </font><font style="font-family:Arial;font-size:10pt;">grant funds available as of June 30, 2011 for our TERRA-SW project. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;text-decoration:underline;margin-left:27.45px;">Universal Service</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">On March 16, 2010, the FCC staff released the National Broadband Plan, including among its topics a proposal to transition existing USF high cost support from voice to broadband networks over a ten year period. On April 21, 2010, the FCC initiated a proceeding to consider interim and long-term USF reforms, including a five year phase-out of support to competitive ETCs. On February 8, 2011, the FCC issued a Notice of Proposed Rulemaking to consider adopting reforms to its high cost support program, including, among other things, the </font><font style="font-family:Arial;font-size:10pt;">proposed competitive ETC phase-out and ways to fund and distribute support for broadband services. </font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">More recently, a number of industry consensus plans have been proposed to the FCC that would substantially </font><font style="font-family:Arial;font-size:10pt;">change the methodology for distributing USF high cost support, as well as the access charge </font><font style="font-family:Arial;font-size:10pt;">regime. </font><font style="font-family:Arial;font-size:10pt;">We cannot predict at this time the outcome of this proceeding</font><font style="font-family:Arial;font-size:10pt;">, the prospects for adoption of these or other reforms,</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">the effect on high cost support available to us, or how our access charge revenues and payments would be affected; however, our </font><font style="font-family:Arial;font-size:10pt;">revenue for providing wireline and wireless local services in these areas would be materially adversely affected by the reduction of USF support.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(9)       </font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Related Party Transaction</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27.35px;">In January 2001 we entered into an aircraft operating lease agreement with a company owned by our President and CEO. The lease was amended </font><font style="font-family:Arial;font-size:10pt;">several times, most recently on May 9, 2011. T</font><font style="font-family:Arial;font-size:10pt;">he amended lease agreement added the lease of a second aircraft. The lease term of the original aircraft may be terminated at any time upon 90 days written notice. The monthly lease rate of the original aircraft is $45,000. The lease term of the second aircraft may be terminated at any time upon 12 months' written notice. The monthly lease rate of the second aircraft is $132,000. In 2001, we paid a deposit of $1.5 million in connection with the lease. The deposit will be repaid to us no later than six months after the agreement terminates. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">(10</font><font style="font-family:Arial;font-size:10pt;">)       </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Subsequent Event</font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">s</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">On July 22, 2011, Holdings</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">entered into an Add-On Term Loan Supplement No. 2 (“Supplement No. 2”) to our Senior Credit Facility. The Supplement No. 2 provided for an additional $25.0 million term loan with an initial interest rate of LIBOR plus 2.5%, payable in accordance with the terms of our Senior Credit Facility.  </font><font style="font-family:Arial;font-size:10pt;">Holdings used</font><font style="font-family:Arial;font-size:10pt;"> $15.0 million to pay down outstanding revolving loans under our Senior Credit Facility, thus increasing availability under the revolving portion of our Senior Credit Facility.  The remaining $10.0 million </font><font style="font-family:Arial;font-size:10pt;">was</font><font style="font-family:Arial;font-size:10pt;"> used for general corporate purposes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Arial;font-size:10pt;margin-left:27px;">On July 20, 2011, we borrowed an additional $5.4 million under the loan portion of the TERRA-SW RUS award and received an additional $5.4 million under the grant portion of the award. After consideration of these transactions, we have $36.0 million and $3</font><font style="font-family:Arial;font-size:10pt;">5</font><font style="font-family:Arial;font-size:10pt;">.8 million in loan and grant funds</font><font style="font-family:Arial;font-size:10pt;"> available</font><font style="font-family:Arial;font-size:10pt;">, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p>
10-Q
2011-06-30
false
GENERAL COMMUNICATION INC
0000808461
--12-31
Accelerated Filer
2011
Q2
42576671
3176491