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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 101,516 $ 123,349 $ 55,015
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 105,977 107,206 100,798
Amortization of premium from senior unsecured bonds (513) (306) (308)
Accretion of asset retirement obligation 1,778 1,198 829
Stock-based compensation 5,157 3,955 5,571
Amortization of deferred lease income (2,685) (2,685) (2,685)
Income attributable to sale of tax benefits, net of interest expense (6,962) (17,467) (13,823)
Equity in losses of investees 7,735 5,508 3,213
Mark-to-market of derivative instruments 319 4,129 (6,960)
Write-off of unsuccessful exploration activities 3,017 1,579 15,439
Gain on severance pay fund asset (304) (119) 1,492
Gain on sale of a subsidiary (7,628)
Deferred income tax provision 18,473 (39,530) 13,135
Liability for unrecognized tax benefits (4,647) 2,874 2,561
Deferred lease revenues (853) 224 (251)
Other 484 (181)
Changes in operating assets and liabilities, net of amounts acquired:      
Receivables (33,280) (3,806) 47,114
Costs and estimated earnings in excess of billings on uncompleted contracts (27,078) 2,673 (6,576)
Inventories 6,297 (1,144) 5,359
Prepaid expenses and other (12,540) (2,579) (1,337)
Deposits and other (1,009) (648) 584
Accounts payable and accrued expenses (1,375) (339) (9,638)
Due from/to related entities, net 451 (9)
Billings in excess of costs and estimated earnings on uncompleted contracts 2,262 (9,168) (16,821)
Liabilities for severance pay (786) (1,076) (3,442)
Other long-term liabilities 3,310 (2,561) (903)
Due from/to Parent (513) (955)
Net cash provided by operating activities 159,285 190,025 213,235
Cash flows from investing activities:      
Cash acquired in organizational restructuring and share exchange with parent 15,391
Net change in restricted cash, cash equivalents and marketable securities 15,241 43,745 (42,183)
Cash received from sale of a subsidiary 35,250
Capital expenditures (151,930) (152,450) (151,153)
Cash grant received from the U.S. Treasury under Section 1603 of the ARRA 27,427
Investment in unconsolidated companies (3,569) (631)
Cash paid for acquisition of controlling interest in a subsidiary, net of cash acquired (20,135)
Intangible assets acquired (500)
Decrease in severance pay fund asset, net of payments made to retired employees 1,862 2,843 2,128
Net cash used in investing activities (158,531) (90,971) (129,162)
Cash flows from financing activities:      
Proceeds from sale of membership interests to noncontrolling interest, net of transaction costs 44,102 156,635
Proceeds from long-term loans, net of transaction costs 142,500 42,000 140,000
Proceeds from exercise of options by employees 7,249 6,085 981
Proceeds from issuance of senior unsecured notes, net of transaction costs 203,483
Purchase of Senior unsecured notes (249,468)
Cash received from noncontrolling interest 1,972 1,654 2,234
Purchase of OFC Senior Secured Notes (6,815) (30,638) (12,860)
Proceeds from revolving credit lines with banks 309,400 598,800 2,830,683
Repayment of revolving credit lines with banks (309,400) (619,100) (2,922,400)
Cash received from noncontrolling interest 1,972 1,654 2,234
Payment for acquisition of noncontrolling interest in Crump (1,490)
Repayments of long-term debt (62,052) (71,701) (111,180)
Cash paid to noncontrolling interest (64,065) (19,068) (11,320)
Cash paid for interest rate cap (1,505)
Payments of capital leases (1,178)
Deferred debt issuance costs (6,402) (5,316) (4,785)
Cash dividends paid (25,682) (12,716) (9,555)
Net cash provided by (used in) financing activities 43,541 46,635 (101,197)
Net change in cash and cash equivalents 44,295 145,689 (17,124)
Cash and cash equivalents at beginning of period 185,919 40,230 57,354
Cash and cash equivalents at end of period 230,214 185,919 40,230
Cash paid during the year for:      
Interest, net of interest capitalized 55,366 55,492 62,376
Income taxes, net 18,490 10,419 5,787
Supplemental non-cash investing and financing activities:      
Increase (decrease) in accounts payable related to purchases of property, plant and equipment (2,219) 3,810 3,853
Accrued liabilities related to financing activities 6,291 1,665 658
Increase (decrease) in asset retirement cost and asset retirement obligation 714 516 (366)
Opal Transaction [Member]      
Cash flows from financing activities:      
Cash received from noncontrolling interest 59,897
Cash received from noncontrolling interest $ 59,897