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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities      
Net income $ 96,825 $ 64,881 $ 39,566
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 40,837 38,913 36,020
Bad debt expense (recovery) 187 (8,716) 4,973
Equity in earnings of unconsolidated affiliates, net of distributions received (23,591) (17,594) (15,105)
Gains on sales of railcars and related leases (8,417) (7,771) (1,758)
Excess tax benefit from share-based payment arrangement (307) (876) (566)
Deferred income taxes 5,473 12,205 16,430
Gain from pension plan curtailment     (4,132)
Stock based compensation expense 4,071 2,589 2,747
Lower of cost or market inventory and contract adjustment 3,142   2,944
Impairment of property, plant and equipment 1,704 1,682 304
Other 254 215 186
Changes in operating assets and liabilities:      
Accounts receivable (15,708) (848) (15,259)
Inventories (114,427) (214,171) 32,227
Commodity derivatives 134,309 (158,183) 2,211
Other assets (1,104) (3,970) 61,938
Accounts payable for grain 117,309 20,703 18,089
Other accounts payable and accrued expenses 49,708 31,656 (574)
Net cash provided by (used in) operating activities 290,265 (239,285) 180,241
Investing activities      
Acquisition of businesses, net of cash acquired (2,365) (39,293) (30,480)
Purchases of property, plant and equipment (44,162) (30,897) (16,560)
Purchases of railcars (64,161) (18,354) (24,965)
Investment in convertible preferred securities   (13,100)  
Proceeds from sale of railcars 30,398 20,102 8,453
Proceeds from sale of property, plant and equipment and other 931 1,942 540
Change in restricted cash (6,517) (9,010) 803
Investment in affiliates (121) (395) (1,200)
Net cash used in investing activities (85,997) (89,005) (63,409)
Financing activities      
Net change in short-term borrowings (169,600) 241,100  
Proceeds from issuance of long-term debt 73,752 18,986 9,523
Payments of long-term debt (104,008) (36,598) (52,349)
Payment of debt issuance costs (3,170) (7,508) (4,500)
Purchase of treasury stock (3,040)   (229)
Proceeds from sale of treasury shares to employees and directors 815 1,305 750
Excess tax benefit from share-based payment arrangement 307 876 566
Dividends paid (8,153) (6,581) (6,346)
Net cash (used in) provided by financing activities (213,097) 211,580 (52,585)
(Decrease) increase in cash and cash equivalents (8,829) (116,710) 64,247
Cash and cash equivalents at beginning of year 29,219 145,929 81,682
Cash and cash equivalents at end of year $ 20,390 $ 29,219 $ 145,929