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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities:    
Net income $ 7,618 $ 67,795
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Non-cash operating items (Note 3) 4,449 (24,055)
Changes in operating assets and liabilities:    
Contracts-in-process (36,126) (97,156)
Inventories (6,909) (12,336)
Long-term receivables   (1,553)
Other current assets and other assets 2,952 5,981
Accounts payable 25,660 9,920
Accrued expenses and other current liabilities (13,190) (12,808)
Customer advances 24,376 49,621
Income taxes payable 195 (3,434)
Pension and other postretirement liabilities (3,146) (1,656)
Long-term liabilities (207) (5,479)
Net cash provided by (used in) operating activities 5,672 (25,160)
Investing activities:    
Distribution received from affiliate 375,809  
Capital expenditures (13,974) (7,406)
Increase in restricted cash (50,000) (11,900)
Net cash provided by (used in) investing activities 311,835 (19,306)
Financing activities:    
Voting common stock repurchased (472)  
Proceeds from the exercise of stock options 179 334
Cash settlement of restricted stock units (169)  
Funding of withholding taxes on employee cashless stock option exercises 4,900 16,478
Excess tax benefit associated with exercise of stock options 19 1,321
Net cash used in financing activities (5,343) (14,823)
Increase (decrease) in cash and cash equivalents 312,164 (59,289)
Cash and cash equivalents - beginning of period 197,114 165,801
Cash and cash equivalents - end of period $ 509,278 $ 106,512