XML 30 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
OPERATING ACTIVITIES    
Net income $ 129,252 $ 219,055
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash charges 160,706 159,090
Stock-based compensation expense 6,397 5,904
Loss on disposition of assets, net 5,665 4,859
Deferred income tax (benefit) provision (10,579) 7,294
Excess tax benefits for share-based payments (3,157) (2,584)
(Increase) decrease in assets:    
Accounts receivable (2,677) 83,234
Income taxes receivable (7,697) 10,286
Inventories 12,392 (41,961)
Prepaid expenses 5,646 3,353
Other current assets 1,095 19,721
Other non-current assets (585) (4,233)
Increase (decrease) in liabilities:    
Accounts payable 10,924 4,394
Income taxes payable (6,260) (9,152)
Accrued payroll and related expenses 1,273 (236)
Accrued insurance expenses (272) 609
Accrued state, local and other taxes 1,536 6,249
Other accrued expenses (1,502) (1,097)
Pension liabilities 2,121 (1,371)
Long-term accrued insurance expenses 589 1,791
Other long-term liabilities (1,330) 65
Net cash provided by operating activities 303,537 465,270
INVESTING ACTIVITIES    
Capital expenditures (159,854) (273,801)
Proceeds from sale of assets 8,578 11,873
Net cash used for investing activities (151,276) (261,928)
FINANCING ACTIVITIES    
Payment of dividends (65,923) (52,623)
Borrowings from notes payable to banks 500,700 606,550
Repayments of notes payable to banks (556,300) (726,150)
Excess tax benefits for share-based payments 3,157 2,584
Cash paid for common stock purchased and retired (25,121) (30,224)
Proceeds received upon exercise of stock options   270
Net cash used for financing activities (143,487) (199,593)
Net increase in cash and cash equivalents 8,774 3,749
Cash and cash equivalents at beginning of period 14,163 7,393
Cash and cash equivalents at end of period 22,937 11,142
Supplemental cash flows disclosure:    
Interest paid, net of amounts capitalized 1,145 1,353
Income taxes paid, net 106,728 125,441
Supplemental disclosure of noncash investing activities:    
Capital expenditures included in accounts payable $ 19,987 $ 19,369