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Statements of Consolidated Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash and Cash Equivalents, at Beginning of Period $ 432,759 $ 484,502
Net income 65,827 66,560
Depreciation, Amortization and Accretion, Net 119,686 120,223
Non-cash compensation and employee benefits 13,474 12,182
Increase in deferred income taxes 5,160 18,708
Provision for uncollectible accounts (33) 1,402
Loss (gain) from sale of property and equipment (1,348) (5,375)
Receivables (20,350) (119,659)
Prepaid expense (2,380) (2,946)
Accounts payable 34,714 34,658
Accrued variable compensation (28,452) (6,307)
Accrued liabilities, excluding accrued variable compensation and employee benefits 32,315 32,962
Self-insurance accruals (7,764) 5,617
Accrued income taxes 2,636 3,164
Employee benefits (26,476) (39,132)
Other (11,255) (412)
Net Cash Provided by (Used in) Operating Activities 175,754 121,645
Capital expenditures (116,489) (123,366)
Software expenditures (7,865) (5,613)
Proceeds from sales of property and equipment 12,223 22,391
Net cash used in investing activities (112,131) (106,588)
Payment of capital leases (13,032) (6,141)
Net proceeds from short-term borrowings 326 801
Proceeds from exercise of stock options 559 13,573
Excess tax benefit from share-based compensation 2,913 2,413
Payments of common dividends (17,264) (11,413)
Repurchases of common stock (34,804) 0
Net Cash Used in Financing Activities (61,302) (767)
Decrease in Cash and Cash Equivalents 2,321 14,290
Cash and Cash Equivalents, at End of Period 435,080 498,792
Cash paid (refunded) for income taxes, net 30,042 19,169
Cash paid for interest 25,984 26,232
Capital Expenditures Incurred but Not yet Paid 4,536 0
Repurchases of common stock included in current liabilities 1,550 0
Property, plant and equipment acquired through partial non-monetary exchanges 10,947 936
Capital Lease Obligations Incurred $ 116 $ 7,233