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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net earnings $ 133,453 $ 99,533 $ 86,896
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 45,729 34,212 27,712
Amortization of deferred costs 393 549 633
Loss (gain) on disposal of property, plant, equipment and leased railcars 154 (71) 24
(Earnings) loss from joint ventures (5,812) (1,570) 8,595
Provision for deferred income taxes 61,644 72,369 39,707
Provision for allowance for doubtful accounts receivable 234 1,064 48
Item related to investing activities:      
Realized and unrealized gains on short-term investments—available for sale securities 0 0 (141)
Item related to financing activities:      
Loss on debt extinguishment 2,126 1,896 392
Changes in operating assets and liabilities:      
Accounts receivable, net 4,231 (12,779) 14,077
Accounts receivable, due from affiliates 23,518 (16,703) (12,904)
Income taxes receivable 30,899 (31,576) (2,316)
Inventories, net 19,812 (26,935) 19,819
Prepaid expenses and other current assets 1,206 (4,244) (398)
Accounts payable (32,630) 16,034 (12,184)
Accounts payable, due to related parties 1,683 1,383 (1,421)
Accrued expenses and taxes (19,105) 639 5,468
Other (3,032) 2,998 (9,241)
Net cash provided by operating activities 264,503 136,799 164,766
Investing activities:      
Purchases of property, plant and equipment (36,614) (20,070) (22,025)
Capital expenditures—leased railcars (211,646) (307,680) (162,068)
Proceeds from the sale of property, plant, equipment and leased railcars 122 800 54
Proceeds from the sale of short-term investments—available for sale securities 0 0 12,699
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital (7,500) (3,750) (5,100)
Investments in and loans to joint ventures 0 0 (136)
Net cash used in investing activities (240,638) (323,200) (166,376)
Financing activities:      
Repayments of short-term and long-term debt (432,645) (204,486) (180,083)
Proceeds from short-term and long-term debt 725,306 418,682 99,841
Change in interest reserve related to long-term debt (9,739) 13 (3,908)
Stock repurchases (57,423) 0 0
Payment of common stock dividends (33,243) (34,164) (21,352)
Debt issuance costs (5,857) (2,566) (543)
Net cash provided by (used in) financing activities 186,399 177,479 (106,045)
Effect of exchange rate changes on cash and cash equivalents (309) (221) (138)
Increase (decrease) in cash and cash equivalents 209,955 (9,143) (107,793)
Cash and cash equivalents at beginning of year 88,109 97,252  
Cash and cash equivalents at end of year $ 298,064 $ 88,109 $ 97,252