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CONDENSED CONSOLIDATED STATEMENT OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales (including sales to related parties, see note 8) $ 1,659,876 $ 1,801,498 $ 3,465,812 $ 3,403,517
Operating costs and expenses:        
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 667,876 695,977 1,389,803 1,432,837
Selling, general and administrative 25,362 25,744 50,793 50,316
Depreciation, amortization and depletion 78,428 72,898 155,372 143,542
Exploration 12,600 8,147 21,325 15,365
Total operating costs and expenses 784,266 802,766 1,617,293 1,642,060
Operating income 875,610 998,732 1,848,519 1,761,457
Interest expense (47,409) (48,297) (94,584) (95,861)
Capitalized interest 3,201 1,357 6,062 2,293
Gain (loss) on short-term investment (352)   5,483  
Gain on sale of investment 18,200   18,200  
Other income 476 6,728 1,876 6,148
Interest income 3,563 3,534 7,410 6,245
Income before income taxes 853,289 962,054 1,792,966 1,680,282
Income taxes 309,973 301,935 628,742 540,016
Net income before equity earnings of affiliate 543,316 660,119 1,164,224 1,140,266
Equity earnings of affiliate 22,020   24,674  
Net income 565,336 660,119 1,188,898 1,140,266
Less: Net income attributable to the non-controlling interest 1,789 2,082 3,921 3,853
Net income attributable to SCC $ 563,547 $ 658,037 $ 1,184,977 $ 1,136,413
Per common share amounts attributable to SCC:        
Net income - basic and diluted (in dollars per share) $ 0.66 $ 0.77 $ 1.40 $ 1.32
Dividends paid (in dollars per share) $ 0.53 $ 0.55 $ 1.07 $ 1.13
Weighted average common shares outstanding - basic (in shares) 849,461 857,493 849,720 858,241
Weighted average common shares outstanding - diluted (in shares) 849,461 857,493 849,720 858,241