XML 38 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows from Operating Activities:    
Consolidated net earnings (loss) $ 6,159us-gaap_ProfitLoss $ (23,153)us-gaap_ProfitLoss
Adjustments to reconcile consolidated net earnings (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 67,268us-gaap_DepreciationDepletionAndAmortization 42,466us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation expense 2,907us-gaap_ShareBasedCompensation 1,409us-gaap_ShareBasedCompensation
Gains on divestitures and sales of assets (1,576)us-gaap_GainLossOnDispositionOfAssets (1,106)us-gaap_GainLossOnDispositionOfAssets
Deferred income taxes 27,774us-gaap_DeferredIncomeTaxExpenseBenefit (5,063)us-gaap_DeferredIncomeTaxExpenseBenefit
Excess tax benefits from stock-based compensation transactions (109)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (636)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Other items, net 1,192us-gaap_OtherNoncashIncomeExpense 1,223us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable, net 40,006us-gaap_IncreaseDecreaseInAccountsReceivable 2,834us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories, net (19,071)us-gaap_IncreaseDecreaseInInventories (7,411)us-gaap_IncreaseDecreaseInInventories
Accounts payable (20,328)us-gaap_IncreaseDecreaseInAccountsPayableTrade (4,825)us-gaap_IncreaseDecreaseInAccountsPayableTrade
Other assets and liabilities, net (69,097)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 874us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net Cash Provided by Operating Activities 35,125us-gaap_NetCashProvidedByUsedInOperatingActivities 6,612us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (56,085)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (36,913)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions, net (10,589)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (50)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Proceeds from divestitures and sales of assets 1,475us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets 1,401us-gaap_ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
Repayments from affiliate 1,808us-gaap_ProceedsFromCollectionOfAdvanceToAffiliate  
Net Cash Used for Investing Activities (63,391)us-gaap_NetCashProvidedByUsedInInvestingActivities (35,562)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows from Financing Activities:    
Borrowings of long-term debt   60,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Repayments of long-term debt (4,738)us-gaap_RepaymentsOfLongTermDebt (23,125)us-gaap_RepaymentsOfLongTermDebt
Payments on capital lease obligations (795)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (525)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Change in bank overdraft (183)us-gaap_ProceedsFromRepaymentsOfBankOverdrafts (2,556)us-gaap_ProceedsFromRepaymentsOfBankOverdrafts
Dividends paid (28,354)us-gaap_PaymentsOfDividendsCommonStock (18,604)us-gaap_PaymentsOfDividendsCommonStock
Issuances of common stock 9,942us-gaap_ProceedsFromIssuanceOfCommonStock 6,488us-gaap_ProceedsFromIssuanceOfCommonStock
Excess tax benefits from stock-based compensation transactions 109us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 636us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net Cash (Used for) Provided by Financing Activities (24,019)us-gaap_NetCashProvidedByUsedInFinancingActivities 22,314us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Decrease in Cash and Cash Equivalents (52,285)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (6,636)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, beginning of period 108,651us-gaap_CashAndCashEquivalentsAtCarryingValue 42,437us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, end of period 56,366us-gaap_CashAndCashEquivalentsAtCarryingValue 35,801us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 11,417us-gaap_InterestPaid 1,633us-gaap_InterestPaid
Cash paid for income taxes $ 18,678us-gaap_IncomeTaxesPaidNet $ 53us-gaap_IncomeTaxesPaidNet