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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
Net sales (including sales to related parties, see note 7) $ 1,133,602 $ 1,474,647 $ 3,791,332 $ 4,316,442
Operating costs and expenses:        
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 670,742 729,506 2,057,432 2,097,989
Selling, general and administrative 23,578 26,282 73,410 76,177
Depreciation, amortization and depletion 131,576 113,923 373,841 340,467
Exploration 13,743 20,638 36,142 57,317
Environmental remediation 7,043 37,163 23,503 37,163
Total operating costs and expenses 846,682 927,512 2,564,328 2,609,113
Operating income 286,920 547,135 1,227,004 1,707,329
Interest expense (92,414) (67,728) (244,093) (198,943)
Capitalized interest 27,579 33,153 99,533 86,918
Other (expense) income (4,297) (21,066) (9,666) (31,051)
Interest income 2,908 3,765 8,438 12,017
Income before income taxes 220,696 495,259 1,081,216 1,576,270
Income taxes (including royalty taxes see note 4): 125,336 175,405 411,571 605,336
Net income before equity earnings of affiliate 95,360 319,854 669,645 970,934
Equity earnings of affiliate, net of income tax 4,039 5,926 9,454 17,825
Net income 99,399 325,780 679,099 988,759
Less: Net income attributable to non-controlling interest 962 1,463 3,518 3,800
Net income attributable to SCC $ 98,437 $ 324,317 $ 675,581 $ 984,959
Per common share amounts attributable to SCC:        
Net income - basic and diluted $ 0.12 $ 0.39 $ 0.85 $ 1.18
Dividends paid $ 0.10 $ 0.12 $ 0.30 $ 0.34
Weighted average common shares outstanding - basic and diluted 793,155 829,216 798,869 832,104