XML 19 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 3,634 $ (32,511)
Adjustments to reconcile net income (loss) to net cash (used for) provided by operating activities:    
Depreciation, amortization and other non-cash charges 45,412 61,418
Stock-based compensation expense 2,687 2,660
Gain on disposition of assets, net (1,517) (1,256)
Deferred income tax benefit (11,667) (8,423)
Excess tax benefits for share-based payments   (403)
(Increase) decrease in assets:    
Accounts receivable (77,406) 56,887
Income taxes receivable 8,713 10,501
Inventories (3,595) 3,674
Prepaid expenses (179) 1,581
Other current assets (429) 241
Other non-current assets (749) 117
Increase (decrease) in liabilities:    
Accounts payable 19,775 (29,410)
Income taxes payable (1,124) 1,065
Accrued payroll and related expenses 5,399 (595)
Accrued insurance expenses 582 668
Accrued state, local and other taxes 1,652 1,140
Other accrued expenses (4,938) 2,069
Pension liabilities 986 (732)
Long-term accrued insurance expenses 345 (1,099)
Other long-term liabilities (30) (14,120)
Net cash (used for) provided by operating activities (12,449) 53,472
INVESTING ACTIVITIES    
Capital expenditures (11,707) (9,581)
Proceeds from sale of assets 2,493 2,010
Net cash used for investing activities (9,214) (7,571)
FINANCING ACTIVITIES    
Excess tax benefits for share-based payments   403
Cash paid for common stock purchased and retired (5,674) (3,191)
Net cash used for financing activities (5,674) (2,788)
Net (decrease) increase in cash and cash equivalents (27,337) 43,113
Cash and cash equivalents at beginning of period 131,835 65,196
Cash and cash equivalents at end of period 104,498 108,309
Supplemental cash flows disclosure:    
Interest paid, net of amounts capitalized   282
Income taxes paid (received), net 2,199 (32,487)
Supplemental disclosure of noncash investing activities:    
Capital expenditures included in accounts payable $ 5,322 $ 1,862