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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Purchase of common stock $ (11,184) $ (10,818)
Withholding taxes paid for conversion of employee stock awards (1,436) (1,231)
OPERATING ACTIVITIES:    
Net earnings (loss) from continuing operations (44,122) 19,699
Net earnings from discontinued operations (384) (94)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 80,097 66,600
Pension and post-retirement 3,990 6,764
Deferred income taxes 11,454 10,969
Amortization of stock-based compensation 1,710 1,575
Net (gain) loss on financial instruments 155 315
Changes in assets and liabilities:    
Accounts receivable 1,905 6,376
Inventory and prepaid supplies (1,822) (1,560)
Accounts payable 14,244 (2,552)
Unearned revenue 1,807 (3,141)
Accrued expenses, salaries, wages, benefits and other liabilities (6,793) (638)
Pension and post-retirement assets (5,847) (3,881)
Other 1,991 2,018
NET CASH PROVIDED BY OPERATING ACTIVITIES 124,778 97,293
INVESTING ACTIVITIES:    
Capital expenditures (144,325) (125,076)
Investment in nonconsolidated affiliate (646) 0
NET CASH (USED IN) INVESTING ACTIVITIES (134,996) (125,076)
FINANCING ACTIVITIES:    
Principal payments on long term obligations (20,500) (12,623)
Proceeds from borrowings 90,000 60,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 56,880 35,328
NET INCREASE IN CASH AND CASH EQUIVALENTS 46,662 7,545
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 16,358 17,697
CASH AND CASH EQUIVALENTS AT END OF PERIOD 63,020 25,242
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of amount capitalized 7,101 5,104
Federal alternative minimum and state income taxes paid 1,220 464
SUPPLEMENTAL NON-CASH INFORMATION:    
Accrued capital expenditures 12,615 5,923
Net (gain) loss on financial instruments (65,780) 5,030
Redemption of long term deposits $ 9,975 $ 0