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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Withholding taxes paid for conversion of employee stock awards $ 1,839 $ 1,496
OPERATING ACTIVITIES:    
Net earnings from continuing operations 28,571 (3,998)
Net earnings from discontinued operations 4,008 62
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 153,088 139,516
Pension and post-retirement 1,944 7,850
Deferred income taxes 6,597 8,021
Amortization of stock-based compensation 3,951 3,394
Net loss on financial instruments 10,200 10,700
Changes in assets and liabilities:    
Accounts receivable (3,677) 21,235
Inventory and prepaid supplies (6,992) (4,242)
Accounts payable 9,628 (3,899)
Unearned revenue and grants 26,631 896
Accrued expenses, salaries, wages, benefits and other liabilities (12,104) 1,874
Pension and post-retirement assets (10,049) (4,747)
Other (3,631) 2,281
NET CASH PROVIDED BY OPERATING ACTIVITIES 248,996 209,443
INVESTING ACTIVITIES:    
Expenditures for property and equipment (265,882) (216,769)
Proceeds from property and equipment 9,080 78
Investment in nonconsolidated affiliate (5,556) (18,429)
NET CASH USED IN INVESTING ACTIVITIES (262,358) (235,120)
FINANCING ACTIVITIES:    
Principal payments on long term obligations (543,240) (15,938)
Proceeds from borrowings 80,000 40,000
Proceeds from bond issuance 500,000 0
Payments for financing costs (7,507) (1,081)
NET CASH PROVIDED BY FINANCING ACTIVITIES 27,414 21,139
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 14,052 (4,538)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 46,201 59,322
CASH AND CASH EQUIVALENTS AT END OF YEAR 60,253 54,784
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of amount capitalized 16,779 30,338
Federal alternative minimum and state income taxes paid 650 533
SUPPLEMENTAL NON-CASH INFORMATION:    
Accrued expenditures for property and equipment 44,171 26,601
Net (gain) loss on financial instruments (2,679) (31,386)
Net Income (Loss) Attributable to Noncontrolling Interest 9,277 9,814
Asset Impairment Charges 39,075 0
Proceeds from (Payments for) Other Financing Activities $ 0 $ (346)