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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net income $ 64,565 $ 349,152
Adjustments to reconcile to cash from operating activities:    
Depreciation, depletion and amortization 118,149 108,273
Accretion on asset retirement obligations 17,608 15,877
Deferred income taxes (1,345) 66,561
Employee stock-based compensation expense 15,819 19,699
Amortization relating to financing activities 2,168 1,317
Gain on disposals and divestitures, net (213) (714)
Reclamation work completed (6,038) (17,642)
Contribution to fund for asset retirement obligations (5,667) (4,421)
Changes in:    
Receivables 39,936 (49,950)
Inventories 9,169 (10,199)
Accounts payable, accrued expenses and other current liabilities (62,824) (31,241)
Income taxes, net 258 (999)
Other 20,774 8,105
Cash provided by operating activities 212,359 453,818
Investing activities    
Capital expenditures (126,888) (121,030)
Minimum royalty payments (988) (1,113)
Proceeds from disposals and divestitures 219 1,363
Purchases of short-term investments (41,397) (23,386)
Proceeds from sales of short-term investments 38,244 30,417
Investments in and advances to affiliates, net (10,330) (12,210)
Cash used in investing activities (141,140) (125,959)
Financing activities    
Payments on convertible debt   (58,430)
Net payments on other debt (23,717) (30,568)
Debt financing costs (1,516)  
Purchases of treasury stock (30,747) (122,502)
Dividends paid (68,944) (183,790)
Payments for taxes related to net share settlement of equity awards (24,339) (27,230)
Proceeds from warrants exercised   43,949
Cash used in financing activities (139,431) (380,821)
Decrease in cash and cash equivalents, including restricted cash (68,212) (52,962)
Cash and cash equivalents, including restricted cash, beginning of period 288,907 237,159
Cash and cash equivalents, including restricted cash, end of period 220,695 184,197
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash and cash equivalents 219,595 183,097
Restricted Cash 1,100 1,100
Cash and cash equivalents, including restricted cash, end of period 220,695 184,197
Term loan due 2025    
Financing activities    
Proceeds from issuance of term loan due 2025 20,000  
Payments on term loan (6,666)  
Term loan due 2024    
Financing activities    
Payments on term loan $ (3,502) $ (2,250)