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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 34,724 $ 35,043
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for doubtful accounts 0 21
Depreciation, depletion, and amortization 3,975 3,999
Debt issuance costs amortization 0 16
(Gain) loss on derivative contracts 1,064 0
Cash (paid) received on settlement of derivative contracts (1,085) 0
(Gain) loss on sale of assets 0 (19,713)
Stock-based compensation 356 235
Other 38 35
Changes in operating assets and liabilities (6,879) (5,305)
Net cash provided by (used in) operating activities 32,193 14,331
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (5,629) (3,094)
Purchase of other property and equipment (49) (59)
Proceeds from sale of assets 59 37,238
Net cash provided by (used in) investing activities (5,619) 34,085
CASH FLOWS FROM FINANCING ACTIVITIES    
Reduction of financing lease liability (113) (74)
Debt issuance costs 0 (74)
Proceeds from exercise of stock options 28 0
Cash paid for tax obligations on vested stock awards (235) (19)
Net cash provided by (used in) financing activities (320) (167)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS and RESTRICTED CASH 26,254 48,249
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of year 139,524 28,266
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period 165,778 76,515
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized (145) (92)
Supplemental Disclosure of Noncash Investing and Financing Activities    
Purchase of Plant Property and Equipment in accounts payable 680 1,342
Right-of-use assets obtained in exchange for financing lease obligations $ 0 $ 363