XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]        
Total revenues $ 1,240,197 $ 1,094,715 $ 3,294,822 $ 2,912,806
Cost of revenues 897,055 790,957 2,469,161 2,160,810
Gross profit 343,142 303,758 825,661 751,996
Selling, administrative and general expenses 81,606 73,612 248,989 239,051
Gain on sale of property, plant & equipment and businesses 2,104 1,488 8,374 4,630
Other operating expense, net (14,456) (4,156) (23,822) (27,733)
Operating earnings 249,184 227,478 561,224 489,842
Other nonoperating income, net 4,890 3,793 12,708 11,709
Interest expense, net 33,547 82,041 104,566 154,572
Earnings from continuing operations before income taxes 220,527 149,230 469,366 346,979
Income tax expense 40,663 39,080 75,805 81,557
Earnings from continuing operations 179,864 110,150 393,561 265,422
Earnings (loss) on discontinued operations, net of tax (713) (1,571) (1,778) 8,217
Net earnings 179,151 108,579 391,783 273,639
Other comprehensive income, net of tax        
Deferred gain on interest rate derivative 0 0 2,496 0
Amortization of prior interest rate derivative loss 53 1,188 171 1,836
Amortization of actuarial loss and prior service cost for benefit plans 1,091 427 3,274 1,281
Other comprehensive income 1,144 1,615 5,941 3,117
Comprehensive income $ 180,295 $ 110,194 $ 397,724 $ 276,756
Basic earnings (loss) per share        
Continuing operations $ 1.36 $ 0.83 $ 2.97 $ 2.00
Discontinued operations (0.01) (0.01) (0.01) 0.07
Net earnings 1.35 0.82 2.96 2.07
Diluted earnings (loss) per share        
Continuing operations 1.34 0.82 2.94 1.97
Discontinued operations 0.00 (0.01) (0.02) 0.06
Net earnings $ 1.34 $ 0.81 $ 2.92 $ 2.03
Weighted-average common shares outstanding        
Basic 132,392 132,484 132,505 132,510
Assuming dilution 133,894 134,765 134,079 134,853
Depreciation, depletion, accretion and amortization $ 89,390 $ 79,636 $ 256,463 $ 227,974
Effective tax rate from continuing operations 18.40% 26.20% 16.20% 23.50%