XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 489,383 $ 523,822 $ 1,467,792 $ 1,582,645
Costs and expenses:        
Cost of sales 361,337 388,284 1,086,648 1,180,905
Selling, general and administrative 74,577 73,358 228,632 234,498
Amortization expense 3,729 3,245 11,187 9,557
Goodwill impairment (Note 10) 0 0 0 7,585
Total costs and expenses 439,643 464,887 1,326,467 1,432,545
Earnings (loss) from operations 49,740 58,935 141,325 150,100
Other expenses and income:        
Interest expense 7,287 7,563 22,464 21,372
Interest income (30) (46) (138) (174)
Other income, net (1,713) 249 (2,636) (525)
Total other expenses (income), net 5,544 7,766 19,690 20,673
Earnings (loss) before income taxes 44,196 51,169 121,635 129,427
Income tax expense (Note 1) 16,483 14,429 45,467 44,559
Net earnings $ 27,713 $ 36,740 $ 76,168 $ 84,868
Net earnings per common share, basic (Note 6) $ 0.73 $ 0.94 $ 1.98 $ 2.08
Net earnings per common share, diluted (Note 6) $ 0.70 $ 0.90 $ 1.91 $ 2.00
Weighted-average common shares outstanding, basic (Note 6) 37,460 39,047 37,818 40,777
Weighted-average common shares outstanding, diluted (Note 6) 38,684 40,832 39,147 42,532
Common Stock, Dividends, Per Share, Declared $ 0.31 $ 0 $ 0.93 $ 0