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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities    
Net income $ 75,399 $ 43,044
Adjustments to reconcile net income to cash used in operating activities:    
Depreciation and amortization 28,434 28,184
Bad debt expense 310 610
Cash distributions in excess of (less than) income of unconsolidated affiliates 13,214 (4,333)
Gain on sale of investments in affiliates (17,055) 0
Gains on sales of railcars and related leases (13,284) (14,616)
Excess tax benefit from share-based payment arrangement (1,645) (278)
Deferred income taxes 7,202 22,525
Stock-based compensation expense 6,053 1,435
Other (2,368) 714
Changes in operating assets and liabilities:    
Accounts receivable (17,130) (7,517)
Inventories 181,927 331,596
Commodity derivatives (68,196) 12,770
Other assets 22,400 7,017
Accounts payable for grain (427,953) (404,636)
Other accounts payable and accrued expenses (46,893) (76,184)
Net cash used in operating activities (259,585) (59,669)
Investing Activities    
Acquisition of businesses, net of cash acquired 0 (3,345)
Purchases of railcars (30,403) (56,899)
Proceeds from sale of railcars 29,195 53,243
Purchases of property, plant and equipment (20,633) (18,549)
Proceeds from sale of property, plant and equipment 283 137
Proceeds from sale of investments in affiliates 31,457 0
Other (138) 0
Change in restricted cash (488) (474)
Net cash provided by (used in) investing activities 9,273 (25,887)
Financing Activities    
Net change in short-term borrowings 27,000 25,781
Proceeds from issuance of long-term debt 6,712 36,391
Payments of long-term debt (39,006) (34,708)
Proceeds from sale of treasury shares to employees and directors 1,474 1,547
Payment of debt issuance costs (3,175) (46)
Dividends paid (6,233) (5,985)
Excess tax benefit from share-based payment arrangement 1,645 278
Net cash provided by (used in) financing activities (11,583) 23,258
Decrease in cash and cash equivalents (261,895) (62,298)
Cash and cash equivalents at beginning of period 309,085 138,218
Cash and cash equivalents at end of period 47,190 75,920
Supplemental disclosure of cash flow information    
Capital project costs incurred but not yet paid 4,930 3,839
Purchase of capitalized software through seller-financing $ 1,944 $ 9,393