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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities:    
Net earnings (loss) $ 10,363us-gaap_NetIncomeLoss $ (5,321)us-gaap_NetIncomeLoss
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 18,151us-gaap_DepreciationAndAmortization 11,363us-gaap_DepreciationAndAmortization
Deferred income taxes 6,279us-gaap_DeferredIncomeTaxExpenseBenefit (4,559)us-gaap_DeferredIncomeTaxExpenseBenefit
(Gain) loss on asset dispositions (7)us-gaap_GainLossOnDispositionOfAssets 1,073us-gaap_GainLossOnDispositionOfAssets
Equity in loss of unconsolidated affiliate 68us-gaap_IncomeLossFromEquityMethodInvestments 41us-gaap_IncomeLossFromEquityMethodInvestments
Loss on debt extinguishment   29,216us-gaap_GainsLossesOnExtinguishmentOfDebt
Inventory valuation reserves 562us-gaap_InventoryLIFOReserveEffectOnIncomeNet  
Changes in operating assets and liabilities (5,498)us-gaap_IncreaseDecreaseInOperatingCapital (25,691)us-gaap_IncreaseDecreaseInOperatingCapital
Net cash provided by operating activities 29,918us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 6,122us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing activities:    
Purchase of property and equipment (22,115)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (38,746)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from asset dispositions   2,994us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Purchase of short-term investments (190,243)us-gaap_PaymentsToAcquireShortTermInvestments (140,551)us-gaap_PaymentsToAcquireShortTermInvestments
Proceeds from sale of short-term investments 185,426us-gaap_ProceedsFromSaleOfShortTermInvestments 84,692us-gaap_ProceedsFromSaleOfShortTermInvestments
Refund on deposits on aircraft   3,926phii_ProceedsFromRefundOnDepositOnAircraft
Payments of deposits on aircraft (66)phii_PaymentsForDepositsForPurchaseOfProductiveAssets (6,499)phii_PaymentsForDepositsForPurchaseOfProductiveAssets
Net cash used in investing activities (26,998)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (94,184)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing activities:    
Proceeds from issuance of Senior Notes due 2019   500,000us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
Repayment of Senior Notes due 2018   (292,571)us-gaap_EarlyRepaymentOfSeniorDebt
Premium and costs to retire debt early   (26,132)us-gaap_PaymentsOfDebtExtinguishmentCosts
Debt issuance costs   (5,657)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from line of credit 77,740us-gaap_ProceedsFromLongTermLinesOfCredit 95,500us-gaap_ProceedsFromLongTermLinesOfCredit
Payments on line of credit (81,100)us-gaap_RepaymentsOfLongTermLinesOfCredit (174,500)us-gaap_RepaymentsOfLongTermLinesOfCredit
Repurchase of common stock (2,207)us-gaap_PaymentsForRepurchaseOfCommonStock (176)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash (used in) provided by financing activities (5,567)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 96,464us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
(Decrease) increase in cash (2,647)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 8,402us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of period 6,270us-gaap_Cash 934us-gaap_Cash
Cash, end of period 3,623us-gaap_Cash 9,336us-gaap_Cash
Cash paid during the period for:    
Interest 13,453us-gaap_InterestPaid 11,280us-gaap_InterestPaid
Income taxes 3,061us-gaap_IncomeTaxesPaid 13us-gaap_IncomeTaxesPaid
Noncash investing activities:    
Other current liabilities and accrued payables related to purchase of property and equipment $ 28,994us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 24,717us-gaap_CapitalExpendituresIncurredButNotYetPaid