XML 43 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 123,347 $ 87,813
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35,356 35,394
Provision for (recovery of) doubtful accounts 393 (155)
Amortization of debt issuance costs 365 400
Stock-based compensation expense 1,499 1,651
Loss from disposition of fixed assets 2,387 481
Deferred income taxes 29,466 791
Windfall tax benefits from share-based payment arrangements (3,844) (4,481)
Equity in (income) loss of joint ventures (178) 702
Changes in operating assets and liabilities    
Accounts receivable (7,917) (37,720)
Inventories (8,776) 68,372
Prepaid expenses and other current assets (2,077) (1,611)
Accounts payable 14,733 (28,138)
Accrued liabilities (14,670) (21,647)
Other, net (53,832) 3,724
Net cash provided by operating activities 116,252 105,576
Cash flows from investing activities    
Additions to property, plant and equipment (150,784) (64,902)
Proceeds from disposition of assets 2 3
Proceeds from repayment of loan to affiliate 167 167
Proceeds from Sale and Maturity of Marketable Securities 124,873 0
Purchase of securities and other investments (94,903) (2,961)
Settlements of derivative instruments (679) 511
Net cash used for investing activities (121,324) (67,182)
Cash flows from financing activities    
Dividends paid (12,553) (4,914)
Proceeds from exercise of stock options 1,590 480
Utilization of restricted cash 0 30,800
Windfall tax benefits from share-based payment arrangements 3,844 4,481
Net cash provided by financing activities (7,119) 30,847
Net increase in cash and cash equivalents (12,191) 69,241
Cash and cash equivalents at beginning of period 790,078 825,901
Cash and cash equivalents at end of period $ 777,887 $ 895,142