Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 11,742 $ 3,127
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 42,352 33,999
Share-based compensation expense 1,778 1,259
Deferred income tax expense 214 3,029
Other noncash income and expense items 1,665 1,835
Change in operating assets and liabilities 7,151 (714)
Net cash provided by operating activities 64,902 42,535
Cash flows from investing activities:    
Purchases of property and equipment (28,174) (38,316)
Purchase of investments (15,000) 0
Restricted cash 2,672 0
Purchases of other assets and intangible assets (1,463) (1,065)
Grant proceeds 716 0
Other 49 886
Net cash used in investing activities (41,200) (38,495)
Cash flows from financing activities:    
Distribution to non-controlling interest (12,500) 0
Repayment of debt and capital lease obligations (2,185) (1,949)
Purchase of treasury stock to be retired (529) (6,714)
Proceeds from stock option exercises 157 301
Borrowing on Senior Credit Facility 0 10,000
Borrowing on other long-term debt 0 604
Net cash provided by (used in) financing activities (15,057) 2,242
Net increase in cash and cash equivalents 8,645 6,282
Cash and cash equivalents at beginning of period 44,971 24,491
Cash and cash equivalents at end of period $ 53,616 $ 30,773