iPCS, Inc.

(NASDAQ:IPCS)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 69,866 65,554 73,786 77,599
Restricted Cash — — — —
Marketable Securities — — — —
Accounts Receivable 35,378 34,569 28,566 29,774
Loans Receivable — — — —
Other Receivable 31,623 39,484 38,557 41,509
Receivables 67,001 74,053 67,123 71,283
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories 8,753 5,597 7,745 5,277
Inventories Adjustments and Allowances — — — —
Inventories 8,753 5,597 7,745 5,277
Prepaid Expenses 7,066 6,062 6,470 6,792
Current Deferred Income Taxes — — — —
Other Current Assets 499 2,217 2,382 2,761
Total Current Assets 153,185 153,483 157,506 163,712
Land and Improvements 114 114 114 114
Building and Improvements 1,566 1,566 1,566 1,566
Machinery Furniture and Equipment 17,200 16,074 15,774 15,296
Construction in Progress 44,460 48,260 33,842 16,983
Other Fixed Assets 265,862 245,323 237,170 232,874
Total Fixed Assets 329,202 311,337 288,466 266,833
Gross Fixed Assets 329,202 311,337 288,466 266,833
Accumulated Depreciation and Depletion 168,969 160,376 149,402 138,156
Net Fixed Assets 160,233 150,961 139,064 128,677
Intangibles 92,896 95,190 97,483 104,505
Cost in Excess 141,783 141,783 141,783 141,783
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 11,330 11,919 12,451 8,147
Total Non Current Assets 406,242 399,853 390,781 383,112
Total Assets 559,427 553,336 548,287 546,824
Liabilities
Current Liabilities
Accounts Payable 19,615 5,874 4,913 6,136
Notes Payable — — — —
Short Term Debt 33 33 32 30
Accrued Expenses 19,159 19,301 19,879 14,791
Accrued Liabilities 5,590 5,612 5,626 6,216
Deferred Revenues 12,839 12,154 11,588 11,176
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 48,391 50,015 46,874 49,205
Total Current Liabilities 105,627 92,989 88,912 87,554
Non Current Liabilities
Long Term Debt 475,412 475,420 475,429 475,438
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 21,956 22,428 31,328 23,666
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 602,995 590,837 595,669 586,658
Total Liabilities 497,368 497,848 506,757 499,104
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity -43,568 -37,501 -47,382 -39,834
Common Par 172 171 171 171
Additional Paid in Capital 166,446 165,151 163,049 161,072
Cumulative Translation Adjustment — — — —
Retained Earnings -199,216 -191,722 -191,076 -189,470
Treasury Stock — — — —
Other Equity Adjustments -10,970 -11,101 -19,526 -11,607
Total Capitalization 431,844 437,919 428,047 435,604
Cash Flow 47,052 57,624 20,402 8,342
Working Capital 47,558 60,494 68,594 76,158
Free Cash Flow -8,430 -12,578 -3,962 -3,364
Invested Capital 431,844 437,919 428,047 435,604
Total Equity -43,568 -37,501 -47,382 -39,834
Total Liabilities and Stock Equity 559,427 553,336 548,287 546,824