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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES    
Net Income $ 53,437 $ 58,412
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 31,168 31,870
Non-cash cost of real estate sold 1,382 296
Stock-based incentive compensation expense 6,466 4,275
Amortization of debt discount/premium 1,890 2,152
Deferred income taxes 3,028 7,345
Amortization of gains/losses from pension and postretirement plans 4,508 3,021
Other (1,909) (5,215)
Changes in operating assets and liabilities:    
Receivables (1,911) (14,766)
Inventories 17,035 9,161
Accounts payable 3,978 14,644
All other operating activities (6,007) 6,957
Expenditures for dispositions and discontinued operations (1,711) (2,447)
CASH PROVIDED BY OPERATING ACTIVITIES 111,354 115,705
INVESTING ACTIVITIES    
Capital expenditures (42,079) (34,761)
Purchase of timberlands (8,689) (2,942)
Jesup mill cellulose specialties expansion (gross purchases of $41,051, net of purchases on account of $15,025) (26,026) 0
Change in restricted cash (5,609) 0
Other 8,736 6,882
CASH USED FOR INVESTING ACTIVITIES (73,667) (30,821)
FINANCING ACTIVITIES    
Issuance of debt 340,000 0
Repayment of debt (165,000) (75,000)
Dividends paid (49,249) (43,894)
Proceeds from the issuance of common shares 2,061 5,399
Excess tax benefits on stock-based compensation 3,946 3,970
Debt issuance costs (3,565) 0
Repurchase of common shares (7,783) (7,826)
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES 120,410 (117,351)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (125) 116
CASH AND CASH EQUIVALENTS    
Change in cash and cash equivalents 157,972 (32,351)
Balance, beginning of year 78,603 349,463
Balance, end of period 236,575 317,112
Cash paid (received) during the period:    
Interest 5,213 4,671
Income taxes 325 (5,892)
Non-cash investing activity:    
Capital assets purchased on account $ 44,576 $ 16,425