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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net (loss) earnings $ (9,622) $ 24,486
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 53,054 54,312
Deferred income taxes (6,775) 15,983
Loss (gain) on disposal of assets (3,854) (238)
Equity in loss of unconsolidated affiliate 274 249
Inventory valuation reserves 3,766 1,576
Changes in operating assets and liabilities (43,991) 11,787
Net cash (used in) provided by operating activities (7,148) 108,155
Investing activities:    
Purchase of property and equipment (74,950) (48,244)
Proceeds from asset dispositions 13,233 3,469
Purchase of short-term investments (263,204) (560,148)
Proceeds from sale of short-term investments 259,322 458,468
Refund of deposits on aircraft   6,010
Payment of deposits on aircraft (197) (1,207)
Loan to unconsolidated affiliate (1,200)  
Net cash used in investing activities (66,996) (141,652)
Financing activities:    
Proceeds from line of credit 213,900 206,660
Payments on line of credit (139,000) (171,440)
Repurchase of common stock (524) (2,441)
Net cash provided by (used in) financing activities 74,376 32,779
Increase (decrease) in cash 232 (718)
Cash, beginning of period 2,407 6,270
Cash, end of period 2,639 5,552
Cash paid during the period for:    
Interest 28,258 27,161
Income taxes 2,856 3,061
Noncash investing activities:    
Other current liabilities and accrued payables related to purchase of property and equipment $ 3,717 $ 45