XML 56 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Net income $ 8,295 $ 63,151
(Income) loss from discontinued operations, net of income taxes 1,540 (24,790)
Adjustments to reconcile income from continuing operations to net cash provided by operating activities from continuing operations    
Depreciation, depletion and amortization 145,340 96,225
Non-cash (gain) loss on derivatives, net 42,842 (3,166)
Stock-based compensation 29,139 9,466
Deferred Income Tax Expense (Benefit) 305 23,994
Non-cash interest expense, net 1,346 2,386
Other, net 1,594 251
Changes in operating assets and liabilities-    
Accounts receivable (23,139) (4,938)
Accounts payable 4,526 73,771
Accrued liabilities (14,040) (19,035)
Other, net (2,102) (3,593)
Net cash provided by operating activities from continuing operations 195,646 213,722
Net cash used in operating activities from discontinued operations (903) (80)
Net cash provided by operating activities 194,743 213,642
Cash Flows From Investing Activities    
Capital expenditures - oil and gas properties (474,011) (372,582)
Capital expenditures - other property and equipment (375) (1,196)
Proceeds from sales of oil and gas properties, net 7,434 10,681
Other, net 1,913 11,030
Net cash used in investing activities from continuing operations (465,039) (352,067)
Net cash provided by (used in) investing activities from discontinued operations (4,679) 128,179
Net cash used in investing activities (469,718) (223,888)
Cash Flows From Financing Activities    
Long-term borrowings under revolving credit facility 293,000 165,000
Repayments of long-term borrowings under revolving credit facility (172,000) (206,325)
Payments of debt issuance costs (594) (962)
Excess Tax Benefit from Share-based Compensation, Financing Activities 5,678 0
Proceeds from stock options exercised 74 766
Net cash provided by (used in) financing activities from continuing operations 126,158 (41,521)
Net cash provided by financing activities from discontinued operations 0 3,000
Net cash provided by (used in) financing activities 126,158 (38,521)
Net increase (decrease) in cash and cash equivalents (148,817) (48,767)
Cash and Cash Equivalents, Beginning of Period 157,439 52,614
Cash and Cash Equivalents, End of Period $ 8,622 $ 3,847