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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income $ 290,278 $ 232,523
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 109,601 98,244
(Recovery of) provision for doubtful accounts (536) 917
Amortization of debt issuance costs 1,149 1,289
Stock-based compensation expense 4,640 4,762
Loss from disposition of fixed assets 1,945 1,022
Gain from sales of equity securities (16,429) 0
Impairment of long-lived assets 0 1,975
Write-off of debt issuance costs 1,277 0
Deferred income taxes 4,385 19,435
Equity in loss (income) of joint ventures 2,567 (2,443)
Changes in operating assets and liabilities    
Accounts receivable 13,732 (100,524)
Inventories 119,240 (16,220)
Prepaid expenses and other current assets (1,977) 4,039
Accounts payable (35,651) (9,558)
Accrued liabilities 20,077 14,330
Other, net (13,675) (5,438)
Net cash (used for) provided by operating activities 500,623 244,353
Cash flows from investing activities    
Additions to property, plant and equipment (235,463) (111,823)
Construction of assets pending sale-leaseback (5,484) 0
Proceeds from disposition of assets 435 2,456
Proceeds from repayment of loan to affiliate 763 763
Proceeds from sales of equity securities 47,655 0
Purchase of investments (2,961) (29,877)
Settlements of derivative instruments 471 (331)
Net cash provided by (used for) investing activities (194,584) (138,812)
Cash flows from financing activities    
Capitalized debt issuance costs (2,221) (2,540)
Dividends paid (22,345) (13,359)
Proceeds from borrowings 248,818 0
Proceeds from exercise of stock options 6,627 5,323
Repayment of borrowings (250,000) 0
Repurchase of common stock for treasury (10,784) (19)
Utilization of restricted cash 96,433 33,694
Net cash provided by (used for) financing activities 66,528 23,099
Net increase (decrease) in cash and cash equivalents 372,567 128,640
Cash and cash equivalents at beginning of period 825,901 630,299
Cash and cash equivalents at end of period $ 1,198,468 $ 758,939