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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 97,274 $ 71,252
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 122,953 96,215
Provision for bad debts 1,600  
Dry holes and abandonments 56 48
Deferred income tax expense 48,407 38,619
Stock-based compensation expense 5,458 4,307
Net gain on asset disposals (2,400) [1] (1,604) [1]
Changes in operating assets and liabilities:    
Accounts receivable (38,109) (48,152)
Income taxes receivable/payable 5,807 2,332
Inventory and other assets 5,332 1,205
Accounts payable 30,418 14,053
Accrued expenses (12,234) (5,349)
Other liabilities (897) 520
Net cash used in operating activities of discontinued operations   (339)
Net cash provided by operating activities 263,665 173,107
Cash flows from investing activities:    
Purchase of property and equipment (263,403) (182,552)
Proceeds from disposal of assets 4,651 1,954
Net cash provided by investing activities of discontinued operations   25,500
Net cash used in investing activities (258,752) (155,098)
Cash flows from financing activities:    
Purchase of treasury stock (15) (20)
Dividends paid (7,788) (7,708)
Tax benefit related to stock-based compensation 166 335
Repayment of other long-term debt (2,500) (1,250)
Proceeds from borrowing under revolving credit facility 54,500  
Repayment of borrowing under revolving credit facility (56,000)  
Proceeds from exercise of stock options 195 399
Net cash used in financing activities (11,442) (8,244)
Effect of foreign exchange rate changes on cash 408 293
Net increase (decrease) in cash and cash equivalents (6,121) 10,058
Cash and cash equivalents at beginning of period 23,946 27,612
Cash and cash equivalents at end of period 17,825 37,670
Net cash paid during the period for:    
Interest, net of capitalized interest of $1,968 in 2012 and $2,043 in 2011 (364) (1,687)
Income taxes (1,390) (179)
Supplemental investing and financing information:    
Net increase in payables for purchase of property and equipment 2,553 17,221
Net (increase) decrease in deposits on equipment purchases $ 1,900 $ (20,503)
[1] Net gains or losses associated with the disposal of assets relate to corporate strategy decisions of the executive management group. Accordingly, the related gains or losses have been separately presented and excluded from the results of specific segments.