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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net Loss $ (8,839) $ (65,394) $ (489,910)
Non-cash items included in net loss:      
Depreciation and amortization 100,334 93,185 84,580
Drydock amortization 17,947 19,719 18,467
Loss (gain) on asset impairments 6,808 (9,002) 84,482
Stock-based compensation charges 16,593 18,565 21,100
Loss from investments in unconsolidated affiliates 21,486 7,848 16,116
Loss (gain) on foreign currency, net 6,238 (10,310) (13,247)
Restructuring expense (gain) 7,473 (2,310) 18,044
Loss (gains) on asset disposals 1,443 (46,201) (15,200)
Deferred income taxes 3,525 891 (5,359)
Pension expense 19,821 (4,291) (3,865)
Debt issuance cost amortization 12,767 22,915 3,715
Other non-cash items 1,269 686 (2,164)
Changes in assets and liabilities that provided (used) cash:      
Accounts receivable (82,697) 166,385 30,156
Contracts in progress net of advance billings on contracts (113,338) (10,695) 171,397
Accounts payable 78,646 (154,439) (17,493)
Accrued and other current liabilities (33,969) (2,801) (22,155)
Pension liability (1,506) (1,861) (30,828)
Income taxes 1,778 (4,668) (54,431)
Other assets and liabilities (507) (11,262) (50,016)
Total cash provided by (used in) operating activities 55,272 6,960 (256,611)
Cash flows from investing activities:      
Purchases of property, plant and equipment [1] (102,851) (321,187) (283,962)
(Increase) decrease in restricted cash and cash equivalents 70,784 (163,933) (5,536)
Purchases of available-for-sale securities   (3,695) (10,535)
Sales and maturities of available-for-sale securities 3,176 12,978 43,959
Investments in unconsolidated affiliates (7,038) (2,420) (9,354)
Proceeds from asset dispositions 10,724 71,961 37,386
Other investing activities 417 (2,706) (3,113)
Total cash used in investing activities (24,788) (409,002) (231,155)
Cash flows from financing activities:      
Proceeds from debt   1,328,875 296,000
Repayment of debt (26,938) (298,534) (310,146)
Issuance of common stock 682 327 68
Repurchase of common stock (1,720) (1,707) (1,106)
Payment of debt issuance costs (170) (39,112) (4,905)
Distributions to noncontrolling interests   (6,352) (13,743)
Acquisition of noncontrolling interest (24) (32,943)  
Total cash provided by (used in) financing activities (28,170) 950,554 (33,832)
Effects of exchange rate changes on cash and cash equivalents (2,779) (1,905) 153
Net increase (decrease) in cash and cash equivalents (465) 546,607 (521,445)
Cash and cash equivalents at beginning of year 665,309 118,702 640,147
Cash and cash equivalents at end of year 664,844 665,309 118,702
Cash paid during the period for:      
Income taxes (net of refunds) 40,560 26,661 $ 105,444
Cash paid for interest, net of amounts capitalized 40,690 28,390  
Supplemental Disclosure of Noncash Investing Activities:      
Non-cash investment in unconsolidated affiliates $ 2,396    
Capital lease   3,407  
Supplemental Disclosure of Noncash Financing Activities:      
Non-cash acquisition of noncontrolling interest   $ 11,136  
[1] Total capital expenditures represent expenditures for which cash payments were made during the period. Capital expenditures for 2015 and 2014 include $14 million and $27 million of cash payments for accrued capital expenditures outstanding at December 31, 2014 and 2013, respectively. Capital expenditures for 2013 exclude approximately $48 million in accrued capital expenditures.