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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
Net income $ 30,745 $ 40,928
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 51,552 53,375
Deferred income taxes (5,341) (2,063)
Amortization of stock-based compensation, net of tax (664) (714)
Gain on disposal of property and equipment (5,800) (19,849)
Changes in certain working capital items:    
Trade receivables 4,000 6,574
Prepaid expenses and other current assets 308 1,368
Accounts payable, accrued liabilities, and accrued expenses 5,696 6,441
Accrued income taxes (3,927) 14,222
Net cash provided by operating activities 77,897 101,710
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 26,744 57,349
Purchases of property and equipment, net of trades (42,353) (64,703)
Change in designated funds for equipment purchases 0 (5,741)
Change in other assets 97 1,682
Net cash used in investing activities (15,512) (11,413)
FINANCING ACTIVITIES    
Payments of cash dividends (3,332) (1,759)
Contingent consideration related to acquisition 0 (1,765)
Repayments on line of credit 0 (24,600)
Repurchases of common stock (14,678) 0
Net cash used in financing activities (18,010) (28,124)
Net increase in cash and cash equivalents 44,375 62,173
CASH AND CASH EQUIVALENTS    
Beginning of period 33,232  
End of period 77,607 79,476
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid 0 40
Cash paid during the period for income taxes, net of refunds 23,384 10,802
Noncash investing and financing activities:    
Purchased property and equipment in accounts payable 9,334 5,682
Sold property and equipment in other current assets 2,501 1,598
Common stock dividends declared in accounts payable $ 0 $ 1,760