v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Reconciliation of net income to net cash provided by operating activities:  
Net income$ 84,494$ 27,108
Deferred income taxes42,61419,355
Insurance settlements from property and business losses(12,500) 
Items not affecting cash:  
Depreciation, depletion, amortization, and accretion26,04320,086
Stock-based compensation3,7763,093
Unrealized derivative gain(913)(173)
Other1,565756
Changes in operating assets and liabilities:  
Trade accounts receivable(10,395)(17,870)
Other receivables(9,834)(1,401)
Refundable income taxes(552)3,074
Inventory(6,996)15,808
Prepaid expenses and other assets(541)(2,309)
Accounts payable, accrued liabilities and accrued employee compensation and benefits13,24310,365
Other liabilities(392)(1,383)
Net cash provided by operating activities129,61276,509
Cash Flows from Investing Activities:  
Additions to property, plant, and equipment(100,936)(57,844)
Additions to mineral properties and development costs(780)(222)
Proceeds from insurance settlements from property and business losses8061,576
Purchases of investments(78,360)(61,909)
Proceeds from investments42,77919,498
Net cash used in investing activities(136,491)(98,901)
Cash Flows from Financing Activities:  
Debt issuance costs(1,454) 
Employee tax withholding paid for restricted stock upon vesting(1,077)(727)
Excess income tax benefit from stock-based compensation434 
Proceeds from exercise of stock options33019
Net cash used in financing activities(1,767)(708)
Net Change in Cash and Cash Equivalents(8,646)(23,100)
Cash and Cash Equivalents, beginning of period76,13389,792
Cash and Cash Equivalents, end of period67,48766,692
Cash paid (received) during the period for:  
Interest, including settlements on derivatives1,1651,574
Income taxes$ 12,983$ (4,008)