XML 29 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Condensed 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 $ 15,487 $ 5,051
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 6,867 5,788
Basis of real estate sold 457 444
Change in deferred taxes 215 915
Employee benefit plans 2,799 846
Equity-based compensation expense 1,072 947
Gain on disposition of property, plant and equipment (41) (2)
Funding of qualified pension plans 0 (21,630)
Working capital changes 1,078 9,313
Net cash provided by operating activities 27,934 1,672
CASH FLOWS FROM INVESTING ACTIVITIES    
Decrease in short-term investments 7,639 15,834
Proceeds from company owned life insurance (COLI) loan 0 21,751
Additions to property, plant and equipment (2,321) (989)
Additions to timber and timberlands (2,311) (2,140)
Proceeds from disposition of property, plant and equipment 50 2
Other, net (423) (246)
Net cash provided by investing activities 2,634 34,212
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions to common stockholders (12,552) (12,503)
Repayment of long-term debt (27,650) (16,500)
Issuance of common stock 667 63
Change in book overdrafts (2,030) (1,152)
Employee tax withholdings on equity-based compensation (1,685) (1,713)
Other, net (24) (21)
Net cash used for financing activities (43,274) (31,826)
Increase (decrease) in cash (12,706) 4,058
Cash at beginning of period 16,985 7,819
Cash at end of period 4,279 11,877
Cash paid (received) during the period for:    
Interest, net of amount capitalized 1,550 1,264
Income taxes, net $ 112 $ (59)