XML 38 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 73,953 $ 81,398
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss (gain) on disposal of assets 472 (292)
Depreciation 77,018 69,975
Amortization of intangibles 11,849 9,650
Deferred income taxes, net of acquisitions 12,629 23,106
Amortization of debt issuance costs 831 540
Equity-based compensation 10,821 5,962
Interest income on restricted assets (212) (245)
Closure and post-closure accretion 1,225 967
Excess tax benefit associated with equity-based compensation (3,283) (2,829)
Net change in operating assets and liabilities, net of acquisitions 19,637 1,744
Net cash provided by operating activities 204,940 189,976
Cash flows from investing activities:    
Payments for acquisitions, net of cash acquired (150,222) (215,962)
Capital expenditures for property and equipment (67,445) (46,562)
Proceeds from disposal of assets 1,497 1,862
Decrease (increase) in restricted assets, net of interest income (577) 2,501
Other (5,666) (2,764)
Net cash used in investing activities (222,413) (260,925)
Cash flows from financing activities:    
Proceeds from long-term debt 334,000 427,500
Principal payments on notes payable and long-term debt (530,551) (286,202)
Payment of contingent consideration (3,849) (100)
Change in book overdraft 136 (1,918)
Proceeds from option and warrant exercises 851 2,776
Excess tax benefit associated with equity-based compensation 3,283 2,829
Payments for repurchase of common stock (5,233) (42,381)
Payments for cash dividends (21,122) (17,041)
Tax withholdings related to net share settlements of restricted stock units (6,010) (5,271)
Distributions to noncontrolling interests (94) (675)
Debt issuance costs (20) (1,490)
Proceeds from common stock offering, net 369,584  
Net cash provided by financing activities 140,975 78,027
Net increase in cash and equivalents 123,502 7,078
Cash and equivalents at beginning of period 12,643 9,873
Cash and equivalents at end of period 136,145 16,951
Non-cash financing activity:    
Liabilities assumed and notes payable issued to sellers of businesses acquired $ 10,736 $ 107,794