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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net income $ 162,040 $ 104,808
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash charges 123,281 127,679
Stock-based compensation expense 7,204 9,019
Gain on disposition of assets, net (3,459) (5,779)
Gain on insurance recovery (9,646)  
Gain on benefit plan financing arrangement (1,020)  
Deferred income tax provision (benefit) 6,319 (28,163)
(Increase) decrease in assets:    
Accounts receivable (5,029) (206,201)
Income taxes receivable 28,664 54,033
Inventories (14,233) (4,730)
Prepaid expenses 2,647 1,134
Other current assets 1,420 (2,037)
Other non-current assets (2,106) (3,135)
Increase (decrease) in liabilities:    
Accounts payable 21,852 47,151
Income taxes payable 1,775 (728)
Accrued payroll and related expenses 8,583 13,088
Accrued insurance expenses 604 125
Accrued state, local and other taxes (1,545) 4,612
Other accrued expenses (873) (5,385)
Pension liabilities (4,700) 2,708
Long-term accrued insurance expenses 1,059 783
Other long-term liabilities (885) 309
Net cash provided by operating activities 321,952 109,291
INVESTING ACTIVITIES    
Capital expenditures (199,581) (75,016)
Proceeds from sale of assets 10,102 10,532
Proceeds from insurance recovery 9,646  
Proceeds from benefit plan financing arrangement 2,218  
Re-investment in benefit plan financing arrangement (2,218)  
Net cash used for investing activities (179,833) (64,484)
FINANCING ACTIVITIES    
Payment of dividends (64,636) (13,026)
Cash paid for common stock purchased and retired (40,160) (26,724)
Net cash used for financing activities (104,796) (39,750)
Net increase in cash and cash equivalents 37,323 5,057
Cash and cash equivalents at beginning of period 91,050 [1] 131,835
Cash and cash equivalents at end of period 128,373 136,892
Supplemental cash flows disclosure:    
Interest paid, net of amounts capitalized 309 192
Income taxes paid, net 1,781 39,775
Supplemental disclosure of noncash investing activities:    
Capital expenditures included in accounts payable $ 8,960 $ 7,552
[1] (Note 1)