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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net earnings $ 119,787 $ 138,922
Adjustments to reconcile net earnings to net cash provided by operations:    
Depreciation and amortization 92,591 82,443
Provision for deferred income taxes 13,801 14,413
Amortization of unearned share-based compensation 5,251 5,273
Amortization of major maintenance costs 10,360 7,713
Other 70 (574)
Increase in cash flows resulting from changes in operating assets and liabilities, net 4,058 3,218
Net cash provided by operating activities 245,918 251,408
Cash flows from investing activities:    
Capital expenditures (190,152) (163,299)
Acquisition of marine equipment (41,250) 0
Proceeds from disposition of assets 10,636 3,884
Net cash used in investing activities (220,766) (159,415)
Cash flows from financing activities:    
Borrowings (payments) on bank credit facilities, net 190,321 (33,850)
Payments on long-term debt (100,000) (66,000)
Proceeds from exercise of stock options 3,712 7,275
Purchase of treasury stock (138,851) 0
Payment of contingent liability 0 (4,756)
Excess tax benefit from equity compensation plans 1,064 6,155
Other (708) (1,905)
Net cash used in financing activities (44,462) (93,081)
Decrease in cash and cash equivalents (19,310) (1,088)
Cash and cash equivalents, beginning of year 24,299 4,022
Cash and cash equivalents, end of period 4,989 2,934
Cash paid during the period:    
Interest 10,550 9,960
Income taxes $ 45,360 $ 58,632