XML 46 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 82,748 $ 71,524
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 54,246 52,363
Goodwill impairment   1,684
Amortization of debt issuance costs and other non-cash interest 2,141 2,136
Deferred income taxes 10,606 8,350
Income tax benefit of equity compensation (1,811) (2,239)
Non-cash equity compensation 5,231 4,841
Other non-cash items 1,234 125
Changes in assets and liabilities, net:    
Accounts receivable, prepaid expenses and other assets 51,318 (24,329)
Accounts payable, accrued expenses and other liabilities (17,598) (6,890)
Income taxes payable 1,166 2,229
Net cash provided by operating activities 189,281 109,794
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for facility development and expansions (21,872) (74,858)
Expenditures for other capital improvements (15,926) (15,004)
Proceeds from sale of assets 198 48
Increase in other assets (1,239) (967)
Payments received on direct financing lease 672 596
Net cash used in investing activities (38,167) (90,185)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of debt 80,623 41,834
Principal repayments of debt (133,589) (5,000)
Income tax benefit of equity compensation 1,811 2,239
Purchase and retirement of common stock (72,589) (86,580)
Proceeds from exercise of stock options 1,744 4,730
Net cash used in financing activities (122,000) (42,777)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 29,114 (23,168)
CASH AND CASH EQUIVALENTS, beginning of period 25,509 45,908
CASH AND CASH EQUIVALENTS, end of period 54,623 22,740
Cash paid during the period for:    
Interest (net of amounts capitalized of $384 and $2,792 in 2011 and 2010, respectively) 35,901 33,555
Income taxes $ 41,461 $ 26,987