XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) earnings $ (97,265,000) $ 676,000 $ (21,698,000)
Provision for depreciation, depletion, and amortization 82,048,000 47,642,000 55,815,000
Credit for losses on accounts receivable (100,000) (165,000) (201,000)
Loss on early extinguishment of debt     666,000
Gain on sale of business   (12,515,000)  
Loss (gain) on sale of assets 882,000 (960,000) (36,202,000)
Impairment of long-lived assets 64,548,000 2,075,000 58,837,000
Non-cash inventory, spare parts and other writedowns 6,653,000   13,093,000
Compensation expense for stock-based awards 1,773,000 2,021,000 3,016,000
Deferred income taxes (25,373,000) (2,077,000) (23,269,000)
Changes in operating assets and liabilities:      
Receivables (972,000) 21,726,000 6,432,000
Inventories (2,393,000) 18,235,000 18,965,000
Other assets (22,793,000) (20,568,000) (17,608,000)
Accounts payable and other liabilities (9,469,000) (11,153,000) (1,558,000)
Accrued and refundable income taxes 806,000 (9,009,000) 8,196,000
Net cash (used in) provided by operating activities (1,655,000) 35,928,000 64,484,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (37,466,000) (149,424,000) (78,063,000)
Grants received for capital expenditures   236,000 610,000
Proceeds from sale of business 105,067,000 20,817,000  
Proceeds from sale of assets 1,243,000 7,194,000 43,830,000
Net cash provided by (used in) investing activities 68,844,000 (121,177,000) (33,623,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net issuances (payments) of commercial paper (40,700,000) 32,050,000 (14,590,000)
Borrowings under credit agreements 65,000,000 8,500,000 36,250,000
Payments under credit agreements (70,500,000) (3,000,000) (36,250,000)
Issuances of notes payable   50,000,000 50,000,000
Payments of notes payable     (35,000,000)
Payments of industrial development bond agreement   (19,000,000)  
Payment of premium on early extinguishment of debt 0   (708,000)
Dividends paid (5,929,000) (5,918,000) (5,905,000)
Proceeds from stock option exercises 490,000    
Net cash (used in) provided by financing activities (51,639,000) 62,632,000 (6,203,000)
Net increase (decrease) in cash and cash equivalents 15,550,000 (22,617,000) 24,658,000
Cash and cash equivalents at beginning of year 4,044,000 26,661,000 2,003,000
Cash and cash equivalents at end of year 19,594,000 4,044,000 26,661,000
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid - net of amount capitalized 7,606,000 2,012,000 5,677,000
Income taxes paid 224,000 3,145,000 1,176,000
Noncash investing activities:      
Capital expenditures 7,100,000 4,700,000 20,300,000
Capital expenditure grants included within receivables $ 1,000,000