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Consolidated statements of cash flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 21, 2017
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2016
Cash flows from operating activities        
Net income (loss)   $ (118,902) $ 33,442  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:        
Non-cash reorganization items   0 0  
Depreciation, depletion and amortization   92,599 87,888  
Loss on impairment of assets   42,325 20,065  
Write-off of Senior Note issuance costs, discount and premium   0 0  
Derivative losses (gains)   30,802 (19,297)  
Loss (gain) on sale of assets   25,996 2,582  
Loss on extinguishment of debt   635 0  
Other   1,573 5,470  
Change in assets and liabilities:        
Accounts receivable   (12,092) (6,337)  
Inventories   (489) 236  
Prepaid expenses and other assets   3,245 (160)  
Accounts payable and accrued liabilities   2,622 3,441  
Revenue distribution payable   6,941 8,649  
Deferred compensation   9,714 10,262  
Net cash provided by operating activities   84,969 146,241  
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties   (157,718) (324,063)  
Proceeds from asset dispositions   189,735 50,523  
Proceeds from (payments for) derivative instruments   15,676 (18,510)  
Cash in escrow   42 0  
Net cash (used in) provided by investing activities   47,735 (292,050)  
Cash flows from financing activities        
Proceeds from long-term debt   33,000 116,000  
Repayment of long-term debt   (176,407) (243,722)  
Issuance of Senior Notes   0 300,000  
Proceeds from rights offering, net   0 0  
Principal payments under capital lease obligations   (2,017) (2,683)  
Treasury stock purchased   0 (4,936)  
Payment of other financing fees   (4,671) (9,136)  
Net cash provided by (used in) financing activities   (150,095) 155,523  
Net increase (decrease) in cash and cash equivalents   (17,391) 9,714  
Cash and cash equivalents at beginning of period   45,123 27,732  
Cash and cash equivalents at end of period $ 45,123 27,732 $ 37,446  
Predecessor        
Cash flows from operating activities        
Net income (loss) 1,041,959     $ (415,720)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:        
Non-cash reorganization items (1,012,090)     0
Depreciation, depletion and amortization 24,915     122,928
Loss on impairment of assets 0     282,472
Write-off of Senior Note issuance costs, discount and premium 0     16,970
Derivative losses (gains) (48,006)     22,837
Loss (gain) on sale of assets (206)     117
Loss on extinguishment of debt 0     0
Other 645     3,611
Change in assets and liabilities:        
Accounts receivable 198     (9,243)
Inventories 466     3,576
Prepaid expenses and other assets (497)     (1,620)
Accounts payable and accrued liabilities 8,733     25,987
Revenue distribution payable (1,875)     509
Deferred compensation 143     (5,257)
Net cash provided by operating activities 14,385     47,167
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties (31,179)     (146,296)
Proceeds from asset dispositions 1,884     1,349
Proceeds from (payments for) derivative instruments 1,285     90,590
Cash in escrow 0     48
Net cash (used in) provided by investing activities (28,010)     (54,309)
Cash flows from financing activities        
Proceeds from long-term debt 270,000     181,000
Repayment of long-term debt (444,785)     (1,952)
Issuance of Senior Notes 0     0
Proceeds from rights offering, net 50,031     0
Principal payments under capital lease obligations (568)     (2,491)
Treasury stock purchased 0     0
Payment of other financing fees (2,410)     0
Net cash provided by (used in) financing activities (127,732)     176,557
Net increase (decrease) in cash and cash equivalents (141,357)     169,415
Cash and cash equivalents at beginning of period 186,480 $ 45,123   17,065
Cash and cash equivalents at end of period $ 45,123     $ 186,480