XML 24 R6.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 87,066 $ 65,941
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 143,065 131,878
Deferred income taxes (3,417) (16,206)
Gain on disposal of property and equipment (18,880) (14,267)
Non-cash equity compensation 3,607 4,350
Insurance and claims accruals, net of current portion 6,450 (1,075)
Other 5,288 (3,481)
Changes in certain working capital items:    
Accounts receivable, net 15,849 (32,759)
Other current assets 29,546 1,592
Accounts payable 10,163 24,356
Other current liabilities 4,035 4,882
Net cash provided by operating activities 282,772 165,211
Cash flows from investing activities:    
Additions to property and equipment (337,475) (206,354)
Proceeds from sales of property and equipment 86,366 59,515
Decrease in notes receivable 11,956 11,135
Other 0 (3,343)
Net cash used in investing activities (239,153) (139,047)
Cash flows from financing activities:    
Repayments of long-term debt 0 (40,000)
Proceeds from issuance of long-term debt 0 75,000
Dividends on common stock (10,801) (10,853)
Repurchases of common stock (6,438) (30,587)
Tax withholding related to net share settlements of restricted stock awards (461) (96)
Stock options exercised 846 4,169
Excess tax benefits from equity compensation 219 295
Payment of notes payable (3,117) 0
Net cash used in financing activities (19,752) (2,072)
Effect of exchange rate fluctuations on cash (550) (172)
Net increase in cash and cash equivalents 23,317 23,920
Cash and cash equivalents, beginning of period 22,604 23,678
Cash and cash equivalents, end of period 45,921 47,598
Supplemental disclosures of cash flow information:    
Interest paid 1,578 304
Income taxes paid 34,201 59,070
Supplemental schedule of non-cash investing activities:    
Notes receivable issued upon sale of property and equipment 21,792 9,427
Issuance of notes payable 0 6,233
Change in fair value of interest rate swap (368) (431)
Property and equipment acquired included in accounts payable 10,513 460
Property and equipment disposed included in other receivables $ 0 $ 351