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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income$ 66,515$ 127,913
Adjustments to reconcile net income to net cash provided by operating activities:  
Depletion, depreciation and accretion164,861149,968
Impairment expense49,06331,531
Deferred income tax expense50,96071,569
Non-cash gain from hedging and derivative activities(50,550)(45,801)
Stock-based compensation15,47517,343
Non-cash interest expense13,10913,372
Gain on disposition of BBEP Units(133,248)(49,850)
(Income) loss from BBEP in excess of cash distributions49,065(9,416)
Other(897)(337)
Changes in assets and liabilities  
Accounts receivable2,10125,101
Derivative assets at fair value 30,816
Prepaid expenses and other assets(20,791)4,974
Accounts payable(29,430)(18,793)
Accrued and other liabilities(1,567)(1,000)
Net cash provided by operating activities174,666347,390
Investing activities:  
Capital expenditures(550,954)(494,338)
Proceeds from sale of BBEP Units145,79922,498
Proceeds from sale of properties and equipment3,7191,030
Net cash used by investing activities(401,436)(470,810)
Financing activities:  
Issuance of debt648,819661,232
Repayments of debt(455,886)(491,043)
Debt issuance costs paid(10,276)(109)
Gas Purchase Commitment repayments (25,900)
Issuance of KGS common units - net of offering costs 11,054
Distributions paid on KGS common units (13,550)
Proceeds from exercise of stock options7331,388
Taxes paid on vesting of KGS equity compensation (1,144)
Purchase of treasury stock(4,841)(4,851)
Net cash provided by financing activities178,549137,077
Effect of exchange rate changes in cash(114)(306)
Net increase (decrease) in cash(48,335)13,351
Cash at beginning of period54,9371,785
Cash at end of period$ 6,602$ 15,136