XML 47 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 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues $ 523,822 $ 528,391 $ 1,582,645 $ 1,640,622
Costs and expenses:        
Cost of sales 388,284 395,728 1,180,905 1,222,345
Selling, general and administrative 73,358 80,520 234,498 239,778
Amortization expense 3,245 3,156 9,557 9,467
Goodwill, Impairment Loss 0 0 7,585 0
Total costs and expenses 464,887 479,404 1,432,545 1,471,590
Earnings (loss) from operations 58,935 48,987 150,100 169,032
Other expenses and income:        
Interest expense 7,563 8,148 21,372 29,649
Interest income (46) (54) (174) (315)
Loss on extinguishment of debt (Note 3) 0 0 0 16,318
Other income, net 249 (3,856) (525) (6,168)
Total other expenses (income), net 7,766 4,238 20,673 39,484
Earnings (loss) before income taxes 51,169 44,749 129,427 129,548
Income tax expense (Note 1) 14,429 17,255 44,559 50,391
Net earnings $ 36,740 $ 27,494 $ 84,868 $ 79,157
Net earnings per common share, basic (Note 7) $ 0.94 $ 0.60 $ 2.08 $ 1.65
Net earnings per common share, diluted (Note 7) $ 0.90 $ 0.58 $ 2.00 $ 1.58
Weighted-average common shares outstanding, basic (Note 7) 39,047 45,689 40,777 47,831
Weighted-average common shares outstanding, diluted (Note 7) 40,832 47,766 42,532 50,089