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Unaudited Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net income $ 4,295 $ 10,579
Adjustments to reconcile net income to net cash provided by (used in) operating activies:    
Depreciation and amortization 4,294 3,066
Equity in (gains) losses of unconsolidated joint ventures, net (1,648) (583)
Non-cash retirement plan expense 313 70
Amortization of stock compensation expense 4,184 3,846
(Gains) losses on sales of real estate/assets (606) 0
Gains on sale of easements 0 (15,730)
Deferred income taxes 0 (144)
Distribution of earnings from unconsolidated joint ventures 7,200 0
Changes in operating assets and liabilities:    
Receivables, inventories and other assets, net (5,458) 537
Current liabilities, net (1,088) 4,102
NET CASH PROVIDED BY OPERATING ACTIVITIES 11,486 5,743
INVESTING ACTIVITIES    
Maturities and sales of marketable securities 14,266 9,768
Funds invested in marketable securities (13,831) (28,739)
Property and equipment expenditures (15,777) (9,509)
Proceeds from sale of easements 0 15,750
Investment in unconsolidated joint ventures (5,404) (2,282)
Distribution of equity from unconsolidated joint ventures 1,012 0
Investment in pistachio processor 0 (485)
Other (776) (532)
NET CASH USED IN INVESTING ACTIVITIES (20,510) (16,029)
FINANCING ACTIVITIES    
Borrowings of short-term debt 1,500 0
Repayments of short-term debt (1,500) 0
Repayments of long-term debt (28) (28)
Proceeds from exercise of stock options 158 5,242
Taxes on vested stock grants (2,270) (812)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (2,140) 4,402
DECREASE IN CASH AND CASH EQUIVALENTS (11,164) (5,884)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 18,372 22,027
CASH AND CASH EQUIVALENTS AT END OF PERIOD 7,208 16,143
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY    
Accrued capital expenditures included in accounts payable and accrued liabilities 31 0
Sale of assets accounted as direct finance leases $ 913 $ 0