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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net income (loss) $ 31,981 $ (22,775)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 45,225 29,765
Debt issuance amortization 692 696
Original issue discount amortization 188 192
Deferred income taxes 2,149 (18,075)
Deferred revenue 15,235 (3,255)
Loss on disposal of property, plant and equipment 394 29
Equity-based compensation 11,952 5,355
Bad debt provision 848 101
Other 767 1,211
Changes in operating assets and liabilities, net effects of acquisitions:    
Accounts receivable (69,400) 4,312
Inventories 5,207 (2,154)
Prepaid expenses and other current assets 2,069 1,022
Income taxes 4,257 5,438
Accounts payable and accrued liabilities 32,331 (1,584)
Accrued interest (108) (1)
Liability for pension and other post-retirement benefits 454 1,044
Net cash provided by operating activities 84,241 1,321
Investing activities:    
Capital expenditures (158,867) (23,388)
Capitalized intellectual property costs (1,973) 0
Maturities of short-term investments 0 21,872
Acquisition of business, net of cash acquired 18,636 0
Proceeds from sale of property, plant and equipment 12 66
Net cash used in investing activities (179,464) (1,450)
Financing activities:    
Dividends paid (10,187) (6,732)
Issuance of common stock 0 200,000
Common stock issuance costs 0 (13,798)
Proceeds from options exercised 547 1,299
Tax payments related to shares withheld for vested restricted stock (3,926) (959)
Repayment of long-term debt (3,270) (2,550)
Principal payments on capital lease obligations (631) 0
Net cash (used in) provided by financing activities (17,467) 177,260
Net increase (decrease) in cash and cash equivalents (112,690) 177,131
Cash and cash equivalents, beginning of period 711,225 277,077
Cash and cash equivalents, end of period 598,535 454,208
Cash paid (received) during the period for:    
Interest 12,766 10,571
Taxes, net of refunds (1,010) (5,299)
Non-cash Items:    
Equipment received $ 18,185 $ 0