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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Purchase of common stock $ (63,570) $ 10,345 $ 0
Withholding taxes paid for conversion of employee stock awards 2,300 1,310 940
OPERATING ACTIVITIES:      
Net earnings from continuing operations 21,060 39,155 32,074
Net earnings (loss) from discontinued operations 2,428 2,067 (2,214)
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 140,002 125,443 108,254
Pension and post-retirement 11,532 6,920 8,492
Deferred income taxes 13,807 23,691 17,757
Amortization of stock-based compensation 3,165 2,454 2,924
Amortization of DHL promissory note 0 (1,550) (6,200)
Net (gain) loss on financial instruments (969) (920) (1,096)
Changes in assets and liabilities:      
Accounts receivable (9,597) (14,410) 9,582
Inventory and prepaid supplies (5,269) (3,896) (4,164)
Accounts payable 5,603 4,424 (803)
Unearned revenue (3,216) (1,116) 1,148
Accrued expenses, salaries, wages, benefits and other liabilities 5,678 8,375 344
Pension and post-retirement assets (11,819) (16,098) (14,662)
Other 1,611 470 (1,711)
NET CASH PROVIDED BY OPERATING ACTIVITIES 193,092 175,009 149,725
INVESTING ACTIVITIES:      
Capital expenditures (264,477) (158,714) (112,184)
Proceeds from property and equipment 12,380 6,841 3,602
Investment in nonconsolidated affiliate (17,395) 0 (15,000)
NET CASH (USED IN) INVESTING ACTIVITIES (269,492) (151,873) (123,582)
FINANCING ACTIVITIES:      
Principal payments on long term obligations (44,069) (69,344) (79,221)
Proceeds from borrowings 185,000 45,000 45,000
Funding for hangar construction 0 0 7,879
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 75,061 (35,999) (27,282)
NET (DECREASE) IN CASH AND CASH EQUIVALENTS (1,339) (12,863) (1,139)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 17,697 30,560 31,699
CASH AND CASH EQUIVALENTS AT END OF PERIOD 16,358 17,697 30,560
SUPPLEMENTAL CASH FLOW INFORMATION:      
Interest paid, net of amount capitalized 10,738 10,748 13,576
Federal alternative minimum and state income taxes paid 923 870 604
SUPPLEMENTAL NON-CASH INFORMATION:      
Debt extinguished 0 1,550 6,200
Accrued capital expenditures 9,118 7,033 7,648
Net (gain) loss on financial instruments $ (18,107) $ 920 $ 1,096