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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 43,789 $ 39,350
Adjustments to reconcile net income to net cash provided by operating activities:    
Net unrealized gain related to derivative instruments (3,316) (656)
Depreciation and amortization 74,430 70,899
Loss on disposal or impairment of long-lived assets, net 1,479 20,633
Earnings from equity method investments (60,699) (48,372)
Gain on issuance of common units by equity method investee (6,033) (26,899)
Gain on sale of common units of equity method investee (14,517) (26,748)
Distributions from equity investments 69,898 61,757
Amortization of debt issuance costs 3,707 2,580
Deferred tax expense 23,469 25,193
Non-cash equity compensation 7,760 6,480
Excess tax benefit from equity-based awards 0 (1,650)
Loss on fair value of warrants 0 23,499
Provision for uncollectible accounts receivable, net of recoveries (608) 153
Currency gain (1,199) (388)
Inventory valuation adjustment 1,235 0
Changes in operating assets and liabilities (Note 12) (2,346) (39,931)
Net cash provided by operating activities 137,049 105,900
Cash flows from investing activities:    
Capital expenditures (352,816) (194,227)
Proceeds from sale of long-lived assets 2,537 4,083
Contributions to equity method investments (34,059) (70,730)
Payments to Acquire Businesses, Net of Cash Acquired 0 44,508
Proceeds from sale of common units of equity method investee 56,318 59,744
Distributions in excess of equity in earnings of affiliates 19,564 6,565
Net cash used in investing activities (308,456) (239,073)
Cash flows from financing activities:    
Debt issuance costs (6,289) (8,670)
Borrowings on credit facilities and issuance of senior unsecured notes, net of discount 802,208 1,074,244
Principal payments on credit facilities and other obligations (525,037) (896,261)
Rose Rock Midstream, L.P. equity issuance 89,119 0
Distributions to noncontrolling interests (29,780) (20,571)
Proceeds from Warrant Exercises 0 86
Repurchase of common stock for payment of statutory taxes due on equity-based compensation (4,259) (719)
Dividends paid (49,836) (31,149)
Proceeds from issuance of common stock under employee stock purchase plan 909 340
Excess tax benefit from equity-based awards 0 1,650
Net cash provided by financing activities 277,035 118,950
Effect of exchange rate changes on cash and cash equivalents (233) 1,921
Change in cash and cash equivalents 105,395 (12,302)
Cash and cash equivalents at beginning of period 40,598 79,351
Cash and cash equivalents at end of period $ 145,993 $ 67,049