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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net (loss) earnings $ (4,655) $ 16,817
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 34,761 36,511
Deferred income taxes (3,572) 10,063
Gain on asset dispositions (3,939) (73)
Equity in loss of unconsolidated affiliate 76 174
Inventory valuation reserves 2,613 (254)
Changes in operating assets and liabilities (24,485) 6,070
Net cash provided by operating activities 799 69,308
Investing activities:    
Purchase of property and equipment (39,908) (29,502)
Proceeds from asset dispositions 10,998 567
Purchase of short-term investments (151,436) (290,469)
Proceeds from sale of short-term investments 148,838 257,454
Payments of deposits on aircraft (131) (131)
Net cash used in investing activities (31,639) (62,081)
Financing activities:    
Proceeds from line of credit 150,800 119,740
Payments on line of credit (113,300) (127,240)
Repurchase of common stock (500) (2,338)
Net cash provided by (used in) financing activities 37,000 (9,838)
Increase (decrease) in cash 6,160 (2,611)
Cash, beginning of period 2,407 6,270
Cash, end of period 8,567 3,659
Cash paid during the period for:    
Interest 14,329 13,696
Income taxes 1,879 3,061
Noncash investing activities:    
Other current liabilities and accrued payables related to purchase of property and equipment $ 64 $ 27,757