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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income $ 37,325 $ 13,829
Income (loss) from discontinued operations, net of tax 1,687 (18,036)
Income from continuing operations 35,638 31,865
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 51,325 54,884
Deferred income taxes (332) 7,926
Changes in current assets and liabilities, net of acquisitions:    
Receivables 63,684 61,931
Inventories (13,676) (18,828)
Other current assets (31,006) (22,909)
Accounts payable (23,380) (40,584)
Other current liabilities (1,179) 18,690
Other noncurrent changes 2,161 (7,711)
Net cash provided by continuing operations 83,235 85,264
Net cash provided by (used in) discontinued operations 3,304 (39,715)
Net cash provided by operating activities 86,539 45,549
Investing activities:    
Capital expenditures (72,316) (114,706)
Net proceeds from sale or disposition of property and other 117,967 10,411
Investments (116) (503)
Net cash provided by (used in) continuing operations 45,535 (104,798)
Net cash provided by discontinued operations 54 25,263
Net cash provided by (used in) investing activities 45,589 (79,535)
Financing activities:    
Issuance of long-term debt 59,985 226,585
Repayment of long-term debt (147,277) (164,855)
Dividends paid (37,767) (36,784)
Repurchase of common stock (1,684) 0
Tax withholding on stock-based compensation (757) (316)
Net cash provided by (used in) continuing operations (127,500) 24,630
Net cash provided by discontinued operations 0 16,025
Net cash provided by (used in) financing activities (127,500) 40,655
Effect of exchange rate changes on cash and cash equivalents 0 1
Increase in cash and cash equivalents 4,628 6,670
Cash and cash equivalents -- beginning of year 46,107 83,903
Cash and cash equivalents -- end of period $ 50,735 $ 90,573