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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 203,314 $ 164,593
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,177 65,383
(Recovery of) provision for doubtful accounts (161) 811
Amortization of debt issue costs 801 863
Stock-based compensation expense 3,125 3,127
Loss from disposition of fixed assets 688 142
Gain from sales of equity securities (15,952)  
Impairment of long-lived assets   1,975
Deferred income taxes 6,720 15,949
Equity in loss (income) of joint ventures 1,926 (1,552)
Changes in operating assets and liabilities    
Accounts receivable (11,105) (68,249)
Inventories 83,653 (58,170)
Prepaid expenses and other current assets (2,920) (4,928)
Accounts payable (17,043) 19,362
Accrued liabilities (6,369) (12,506)
Other, net 4,760 (1,495)
Net cash (used for) provided by operating activities 322,614 125,305
Cash flows from investing activities    
Additions to property, plant and equipment (140,568) (69,178)
Construction of assets pending sale-leaseback (1,760)  
Proceeds from disposition of assets 415 2,456
Proceeds from repayment of loan to affiliate 596 596
Proceeds from sales of equity securities 46,027  
Purchase of investments (2,961)  
Settlements of derivative instruments 511 (222)
Net cash used for investing activities (97,740) (66,348)
Cash flows from financing activities    
Capitalized debt issuance costs (98)  
Dividends paid (9,838) (8,446)
Proceeds from exercise of stock options 4,508 5,323
Repurchase of common stock for treasury (10,784)  
Utilization of restricted cash 75,975 26,189
Net cash provided by (used for) financing activities 59,763 23,066
Net increase in cash and cash equivalents 284,637 82,023
Cash and cash equivalents at beginning of period 825,901 630,299
Cash and cash equivalents at end of period $ 1,110,538 $ 712,322