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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 327,315 $ 228,234
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, and amortization 276,247 203,700
Asset retirement obligation 3,113 2,580
Deferred income taxes 99,732 136,929
Stock compensation 9,825 12,581
Loss (gain) on derivative instruments, net 17,540 (66,370)
Settlements on derivative instruments (19,919) (5,717)
Loss on early extinguishment of debt 0 28,169
Changes in non-current assets and liabilities 713 1,076
Other, net 2,179 3,445
Changes in operating assets and liabilities:    
Accounts receivable 15,012 (61,145)
Other current assets 1,886 (11,104)
Accounts payable and other current liabilities (29,304) 32,422
Net cash provided by operating activities 704,339 504,800
Cash flows from investing activities:    
Oil and gas capital expenditures (650,807) (582,172)
Other capital expenditures (56,112) (18,209)
Sales of oil and gas assets 34,842 9,163
Sales of other assets 525 394
Net cash used by investing activities (671,552) (590,824)
Cash flows from financing activities:    
Borrowings of long-term debt 0 748,110
Repayments of long-term debt 0 (750,000)
Call premium, financing, and underwriting fees 0 (29,035)
Dividends paid (22,801) (15,153)
Employee withholding taxes paid upon the net settlement of equity-classified stock awards (946) (1,215)
Proceeds from exercise of stock options 1,249 36
Net cash used by financing activities (22,498) (47,257)
Net change in cash and cash equivalents 10,289 (133,281)
Cash and cash equivalents at beginning of period 400,534 652,876
Cash and cash equivalents at end of period $ 410,823 $ 519,595