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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 51,295 $ (228,449)
Adjustments to reconcile net loss to net cash provided by operating activities    
Provision for doubtful accounts 21 283
Depreciation, depletion, and amortization 7,667 42,576
Impairment 0 209,754
Debt issuance costs amortization 36 318
(Gain) loss on derivative contracts 0 (12,467)
Cash received on settlement of derivative contracts 0 10,577
(Gain) loss on sale of assets (19,713) 78
Stock-based compensation 799 749
Other 71 68
Changes in operating assets and liabilities (6,945) (10,025)
Net cash provided by (used in) operating activities 33,231 13,462
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (4,389) (6,814)
Acquisition of Assets (3,545) 0
Purchase of other property and equipment (59) 0
Proceeds from sale of assets 37,900 1,506
Net cash provided by (used in) investing activities 29,907 (5,308)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings 0 39,000
Repayments of borrowings 0 (37,500)
Reduction of financing lease liability (122) (694)
Debt issuance costs (81) 0
Proceeds from exercise of stock options 21 0
Cash paid for tax obligations on vested stock awards (613) (1)
Net cash provided by (used in) financing activities (795) 805
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS and RESTRICTED CASH 62,343 8,959
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of year 28,266 5,968
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period 90,609 14,927
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized (106) (812)
Cash received for income taxes 0 616
Supplemental Disclosure of Noncash Investing and Financing Activities    
Purchase of PP&E in accounts payable 1,260 704
Right-of-use assets obtained in exchange for financing lease obligations 363 67
Carrying value of properties exchanged $ 0 $ 3,890