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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES:    
Net earnings from continuing operations $ 8,501 $ 6,662
Net loss from discontinued operations (1) (230)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 20,920 20,300
Pension and post-retirement 1,765 1,391
Deferred income taxes 5,005 3,905
Amortization of stock-based compensation 626 755
Amortization of DHL promissory note (1,550) (1,550)
Net gain on derivative instruments (290) (460)
Changes in assets and liabilities:    
Accounts receivable 4,720 7,998
Inventory and prepaid supplies 1,263 567
Accounts payable (1,866) (3,768)
Unearned revenue (1,261) 9,438
Accrued expenses, salaries, wages, benefits and other liabilities (494) (486)
Pension and post-retirement liabilities (5,610) (1,667)
Other (1,078) 150
NET CASH PROVIDED BY OPERATING ACTIVITIES 30,650 43,005
INVESTING ACTIVITIES:    
Capital expenditures (59,369) (46,759)
Proceeds from property and equipment 158 1,785
NET CASH (USED IN) INVESTING ACTIVITIES (59,211) (44,974)
FINANCING ACTIVITIES:    
Principal payments on long term obligations (12,858) (1,851)
Proceeds from bank borrowings 60,000 25,000
Reimbursement of hangar construction costs 1,119 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 48,261 23,149
NET INCREASE IN CASH AND CASH EQUIVALENTS 19,700 21,180
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 15,442 30,503
CASH AND CASH EQUIVALENTS AT END OF PERIOD 35,142 51,683
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of amount capitalized 2,739 2,803
Federal alternative minimum and state income taxes paid 100 201
SUPPLEMENTAL NON-CASH INFORMATION:    
Debt extinguished 1,550 1,550
Accrued capital expenditures $ 5,867 $ 10,008