XML 33 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Aug. 31, 2012
Aug. 31, 2011
OPERATING ACTIVITIES    
Net income $ 29,842 $ 42,958
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 57,992 57,165
Stock-based compensation 1,346 1,066
Amortization of financing costs 1,221 1,030
Deferred income taxes 8,043 20,063
Loss (income) from equity investments (1,962) 2,816
Impairment of long-lived assets, non-cash 5,480 3,119
Other, net (820) 428
Changes in operating assets and liabilities:    
Receivables, net (495) (11,690)
Inventories, prepaid expenses and other assets (11,908) (12,992)
Accounts payable and other liabilities (4,273) 7,926
Deferred income 36,415 34,128
Income taxes (7,306) 6,582
Net cash provided by operating activities 113,575 152,599
INVESTING ACTIVITIES    
Capital expenditures (48,648) (55,134)
Equity investments and advances to affiliate (51,556) (37,871)
Decrease in restricted cash 0 1,002
Other, net 1,408 (48)
Net cash used in investing activities (98,796) (92,051)
FINANCING ACTIVITIES    
Payment under credit facility (60,000) (82,000)
Proceeds from credit facility 130,000   
Payment of long-term debt (87,517) (1,609)
Proceeds from long-term debt 0 65,000
Deferred financing fees (73) (439)
Exercise of Class A common stock options    51
Cash dividend paid (9,283) (8,585)
Reacquisition of previously issued common stock (10,556) (21,253)
Net cash used in financing activities (37,429) (48,835)
Net increase (decrease) in cash and cash equivalents (22,650) 11,713
Cash and cash equivalents at beginning of period 110,078 84,166
Cash and cash equivalents at end of period $ 87,428 $ 95,879