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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities    
Net income $ 17,231 $ 16,193
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 30,325 27,714
Amortization 1,658 2,328
Provision for bad debt 550 952
Stock based compensation expense 1,730 1,045
Excess tax benefits on stock awards (394) (61)
Deferred income taxes (4,983) 253
Net (gain) loss on disposal of equipment (313) 167
Realized gain on disposal of investments 0 (2)
Unrealized gains on investments (74) (103)
Net gains from patronage and equity investments (289) (311)
Other 263 1,152
(Increase) decrease in:    
Accounts receivable (1,570) (722)
Materials and supplies 3,120 1,778
Income taxes receivable 16,576 (84)
Increase (decrease) in:    
Accounts payable 2,367 2,444
Deferred lease payable 502 679
Income taxes payable 581 0
Other prepaids, deferrals and accruals (704) (1,267)
Net cash provided by operating activities 66,576 52,155
Cash Flows from Investing Activities    
Purchase and construction of property, plant and equipment (32,804) (48,482)
Proceeds from sale of assets 0 25
Proceeds from sale of equipment 223 290
(Purchase) sale of investment securities 0 (12)
Proceeds from sale of investment securities 27 64
Net cash used in investing activities (32,554) (48,115)
Cash Flows from Financing Activities    
Principal payments on long-term debt 0 (1,460)
Excess tax benefits on stock awards 394 61
Repurchases of stock (1,771) (330)
Proceeds from issuances of stock 1,124 5
Net cash used in financing activities (253) (1,724)
Net increase in cash and cash equivalents 33,769 2,316
Cash and cash equivalents:    
Beginning 38,316 71,086
Ending 72,085 73,402
Cash payments for:    
Interest 3,930 4,390
Income taxes (received) paid $ (580) $ 10,283