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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Purchase of common stock $ (11,184) $ (62,155)
Withholding taxes paid for conversion of employee stock awards (1,436) (1,231)
OPERATING ACTIVITIES:    
Net earnings (loss) from continuing operations (72,351) 21,815
Net earnings (loss) from discontinued operations 4,271 (141)
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 121,589 101,971
Pension and post-retirement 18,916 10,146
Deferred income taxes 15,986 12,057
Amortization of stock-based compensation 2,648 2,248
Net loss on financial instruments 276  
Changes in assets and liabilities:    
Accounts receivable 11,770 2,750
Inventory and prepaid supplies (2,661) (4,203)
Accounts payable 11,698 726
Unearned revenue 6,995 (2,883)
Accrued expenses, salaries, wages, benefits and other liabilities (7,357) 4,267
Pension and post-retirement assets (10,658) (10,551)
Other (1,244) 1,670
NET CASH PROVIDED BY OPERATING ACTIVITIES 191,273 143,597
INVESTING ACTIVITIES:    
Capital expenditures (218,759) (182,106)
Proceeds from property and equipment 9 7
Investment in nonconsolidated affiliate (6,900) 0
NET CASH (USED IN) INVESTING ACTIVITIES (215,675) (182,099)
FINANCING ACTIVITIES:    
Principal payments on long term obligations (250,131) (23,623)
Proceeds from borrowings 90,000 155,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 61,935 67,991
Proceeds from convertible notes 258,750 0
Payments for financing costs (6,469) 0
Purchase convertible note hedge (56,097) 0
Proceeds from issuance of warrants 38,502 0
NET INCREASE IN CASH AND CASH EQUIVALENTS 37,533 29,489
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 16,358 17,697
CASH AND CASH EQUIVALENTS AT END OF PERIOD 53,891 47,186
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net of amount capitalized 11,229 7,793
Federal alternative minimum and state income taxes paid 1,285 761
SUPPLEMENTAL NON-CASH INFORMATION:    
Accrued capital expenditures 12,561 19,721
Net (gain) loss on financial instruments (100,213) (3,443)
Redemption of long term deposits $ 9,975 $ 0