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Consolidated statements of cash flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income (loss) $ 4,405 $ (1,190)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion & amortization 55,750 43,916
Deferred income taxes 2,485 (746)
Gain on hedge reclassification adjustments 0 (10,003)
Non-hedge derivative losses 29,199 15,546
Gain on sale of assets (84) (95)
Other 492 1,197
Change in assets and liabilities    
Accounts receivable (15,762) (210)
Inventories (4,234) (4,985)
Prepaid expenses and other assets 669 923
Accounts payable and accrued liabilities 2,303 1,879
Revenue distribution payable (1,679) 699
Stock-based compensation 695 1,245
Net cash provided by operating activities 74,239 48,176
Cash flows from investing activities    
Expenditures for property, plant, and equipment (138,669) (109,779)
Proceeds from asset dispositions 16,997 6,833
Settlement of non-hedge derivative instruments (8,755) 9,896
Net cash used in investing activities (130,427) (93,050)
Cash flows from financing activities    
Proceeds from long-term debt 50,603 24,868
Repayment of long-term debt (3,783) (1,752)
Principal payments under capital lease obligations (570) 0
Net cash provided by financing activities 46,250 23,116
Net decrease in cash and cash equivalents (9,938) (21,758)
Cash and cash equivalents at beginning of period 48,595 29,819
Cash and cash equivalents at end of period $ 38,657 $ 8,061