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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net loss from continuing operations$ (31,130)$ (63,902)
Adjustments to reconcile net loss from continuing operations to net cash used for operating activities:  
Depreciation and amortization8,47912,779
Inventory and other asset impairments and write-offs16,18529,338
Loss on early extinguishment of debt, net1,33419,308
Gain on sale of marketable securities(1,842)(2,156)
Deferred tax valuation allowance19,01924,219
Stock-based compensation expense6,6168,994
Changes in assets and liabilities:  
Increase in inventories(94,767)(69,984)
Net change in other assets, payables and other liabilities(44,293)42,431
Excess tax benefits from stock-based compensation0(652)
Other operating activities, net1,266(4,495)
Net cash used for operating activities from continuing operations(119,133)(4,120)
CASH FLOWS FROM INVESTING ACTIVITIES  
Additions to property, plant and equipment(9,162)(9,504)
Purchases of marketable securities, available-for-sale(1,116,971)(1,368,856)
Proceeds from sales and maturities of marketable securities, available-for-sale1,216,9231,347,521
Other investing activities, net2925
Net cash provided by (used for) investing activities from continuing operations90,819(30,814)
CASH FLOWS FROM FINANCING ACTIVITIES  
Cash proceeds of long-term debt0300,000
Retirement of long-term debt(45,952)(300,554)
(Decrease) increase in short-term borrowings(3,663)2,884
Common stock dividends(4,053)(4,022)
Issuance of common stock under stock-based compensation3,5294,027
Excess tax benefits from stock-based compensation0652
Decrease in restricted cash6,2991,480
Net cash (used for) provided by financing activities from continuing operations(43,840)4,467
Net decrease in cash and cash equivalents from continuing operations(72,154)(30,467)
Cash flows from operating activities - discontinued operations7661,029
Cash flows from investing activities - discontinued operations(519)(494)
Cash flows from financing activities - discontinued operations0(501)
Cash and cash equivalents at beginning of period226,647[1]285,199[1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD154,740[2]254,766[2]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION  
Cash (paid) refunds received for income taxes(1,328)99,322
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES  
Decrease (increase) in consolidated inventory not owned related to land options$ 26,837$ (65,662)
[1]Includes cash and cash equivalents of $39,000 associated with discontinued operations at December 31, 2010 and 2009.
[2]Includes cash and cash equivalents of $286,000 and $73,000 associated with discontinued operations at September 30, 2011 and 2010, respectively.