XML 48 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues $ 540,238 $ 565,252 $ 1,058,823 $ 1,112,231
Costs and expenses:        
Cost of sales 403,727 418,040 792,621 826,617
Selling, general and administrative 83,523 80,831 161,140 159,258
Amortization expense 3,156 3,155 6,312 6,311
Goodwill, Impairment Loss 7,585 0 7,585 0
Total costs and expenses 497,991 502,026 967,658 992,186
Earnings (loss) from operations 42,247 63,226 91,165 120,045
Other expenses and income:        
Interest expense 6,755 11,726 13,809 21,501
Interest income (70) (122) (128) (261)
Loss on extinguishment of debt (Note 3) 0 2,966 0 16,318
Other income, net (77) (1,436) (774) (2,312)
Total other expenses (income), net 6,608 13,134 12,907 35,246
Earnings (loss) before income taxes 35,639 50,092 78,258 84,799
Income tax expense (Note 1) 13,932 19,840 30,130 33,136
Net earnings $ 21,707 $ 30,252 $ 48,128 $ 51,663
Net earnings per common share, basic (Note 7) $ 0.53 $ 0.63 $ 1.16 $ 1.06
Net earnings per common share, diluted (Note 7) $ 0.51 $ 0.60 $ 1.11 $ 1.01
Weighted-average common shares outstanding, basic (Note 7) 41,170 47,877 41,642 48,903
Weighted-average common shares outstanding, diluted (Note 7) 42,719 50,167 43,382 51,250