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
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 59,254 $ 27,202
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 127,843 106,424
Share-based compensation expense 6,124 4,729
Deferred income tax expense 2,823 8,157
Other noncash income and expense items 7,206 4,775
Change in operating assets and liabilities 16,967 (10,451)
Net cash provided by operating activities 220,217 140,836
Cash flows from investing activities:    
Purchases of property and equipment (124,871) (135,515)
Purchase of investments (21,409) (100,000)
Purchases of other assets and intangible assets (7,735) (3,149)
Restricted cash 5,871 19,021
Grant proceeds 1,136 2,405
Other (1,621) 412
Net cash used for investing activities (148,629) (216,826)
Cash flows from financing activities:    
Repayment of debt and capital lease obligations (97,388) (95,920)
Borrowing on Senior Credit Facility 55,000 227,000
Distribution to non-controlling interest (37,500) (5,390)
Purchase of treasury stock to be retired (1,972) (15,388)
Borrowing on other long-term debt 421 1,787
Proceeds from stock option exercises 344 333
Payment of debt issuance costs 0 (2,990)
Net cash (used for) provided by financing activities (81,095) 109,432
Net increase (decrease) in cash and cash equivalents (9,507) 33,442
Cash and cash equivalents at beginning of period 44,971 24,491
Cash and cash equivalents at end of period $ 35,464 $ 57,933