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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net income (loss) $ 78,539 $ (215,974)
Loss from discontinued operations, net of tax [1] (1,504) (294,138)
Income from continuing operations 80,043 78,164
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 102,983 109,132
Deferred income taxes (5,293) 3,608
Changes in current assets and liabilities, net of acquisitions:    
Receivables (43,478) (44,909)
Inventories (13,573) (23,189)
Other current assets (15,799) (20,555)
Accounts payable 11,611 7,339
Other current liabilities (6,387) 33,214
Other noncurrent changes (4,460) (14,626)
Net cash provided by continuing operations 105,647 128,178
Net cash provided by (used in) discontinued operations 33,846 (25,529)
Net cash provided by operating activities 139,493 102,649
Investing activities:    
Capital expenditures (143,764) (220,098)
Net proceeds from sale or disposition of property and other 119,361 14,778
Investments (358) (262)
Net cash used in continuing operations (24,761) (205,582)
Net cash provided by discontinued operations 2,234 28,040
Net cash used in investing activities (22,527) (177,542)
Financing activities:    
Issuance of long-term debt 63,827 387,625
Repayment of long-term debt (93,275) (196,771)
Dividends paid (75,535) (73,575)
Redemption of preferred stock (15,600) 0
Repurchase of common stock (1,684) 0
Tax withholding on stock-based compensation (757) (323)
Net cash provided by (used in) continuing operations (123,024) 116,956
Net cash used in discontinued operations 0 (40,852)
Net cash provided by (used in) financing activities (123,024) 76,104
Effect of exchange rate changes on cash and cash equivalents (1) 3
Increase (decrease) in cash and cash equivalents (6,059) 1,214
Cash and cash equivalents -- beginning of year 46,107 83,903
Cash and cash equivalents -- end of period $ 40,048 $ 85,117
[1] Includes eliminations for the presentation of income tax adjustments between continuing and discontinued operations.