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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENT OF EARNINGS        
Net sales (including sales to related parties, see note 9) $ 1,382,923 $ 1,487,412 $ 2,657,730 $ 2,841,795
Operating costs and expenses:        
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 706,868 726,589 1,386,690 1,368,483
Selling, general and administrative 24,963 25,397 49,832 49,895
Depreciation, amortization and depletion 125,302 116,091 242,265 226,544
Exploration 12,111 22,068 22,399 36,679
Environmental remediation 10,532   16,460  
Total operating costs and expenses 879,776 890,145 1,717,646 1,681,601
Operating income 503,147 597,267 940,084 1,160,194
Interest expense (86,929) (66,075) (151,679) (131,215)
Capitalized interest 33,104 29,162 71,954 53,765
Other income (expense) (1,605) (5,779) (5,369) (9,985)
Interest income 2,683 3,715 5,530 8,252
Income before income taxes 450,400 558,290 860,520 1,081,011
Income taxes (including royalty taxes see note 5): 157,042 225,769 286,235 429,931
Net income before equity earnings of affiliate 293,358 332,521 574,285 651,080
Equity earnings of affiliate, net of income tax 2,655 5,861 5,415 11,899
Net income 296,013 338,382 579,700 662,979
Less: Net income attributable to the non-controlling interest 1,299 1,129 2,556 2,337
Net income attributable to SCC $ 294,714 $ 337,253 $ 577,144 $ 660,642
Per common share amounts attributable to SCC:        
Net income - basic and diluted $ 0.37 $ 0.40 $ 0.72 $ 0.79
Dividends paid $ 0.10 $ 0.10 $ 0.20 $ 0.22
Weighted average common shares outstanding - basic and diluted 798,168 833,353 801,773 833,571