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Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash and cash equivalents, at beginning of period $ 484,502 $ 429,784
Net income 66,560 56,902
Depreciation and amortization, net of accretion 120,223 112,774
Non-cash compensation and employee benefits 12,182 18,275
Increase in deferred income taxes 18,708 26,911
Provision for uncollectible accounts 1,402 5,334
Loss (gain) from sale of property and equipment (5,375) (7,062)
Receivables (119,659) (37,987)
Prepaid expense (2,946) 4,797
Accounts payable 34,658 16,793
Accrued variable compensation (6,307) (33,902)
Accrued liabilities, excluding accrued variable compensation and employee benefits 32,962 29,570
Self-insurance accruals 5,617 (3,859)
Accrued income taxes 3,164 (8,358)
Employee benefits (39,132) (48,286)
Other (412) 3,880
Net cash provided by operating activities 121,645 135,782
Capital expenditures (123,366) (129,273)
Software expenditures (5,613) (3,246)
Proceeds from sales of property and equipment 22,391 9,965
Proceeds from sales of marketable securities 0 3,200
Net cash used in investing activities (106,588) (119,354)
Payment of capital leases (6,141) (6,373)
Net proceeds from (repayment of) short-term borrowings 801 (4,698)
Payments of Debt Issuance Costs 0 (543)
Proceeds from exercise of stock options 13,573 8,987
Excess tax benefit from share-based compensation 2,413 1,057
Payments of common dividends (11,413) (11,255)
Net cash used in financing activities (767) (12,825)
Increase in cash and cash equivalents 14,290 3,603
Cash and Cash Equivalents, at end of period 498,792 433,387
Cash paid for income taxes, net 19,169 3,136
Cash paid for interest 26,232 26,516
Property, plant and equipment acquired through partial non-monetary exchanges 936 16,872
Property, plant and equipment acquired through capital leases $ 7,233 $ 0