XML 34 R9.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:      
Net Income $ 93,558 $ 178,785 $ 82,569
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation, Depletion and Amortization 207,097 201,264 172,002
Stock/Unit-Based Compensation 12,760 10,235 22,085
Gain on Sale of Assets (1,995) (565) (17,212)
Amortization of Debt Issuance Costs 6,416 8,858 977
Loss on Debt Extinguishment 24,455 3,922 0
Deferred Income Taxes (17,419) (16,482) 16,610
Changes in Operating Assets:      
Trade and Other Receivables (38,960) 39,157 (44,417)
Inventories (5,485) 4,774 (3,259)
Prepaid Expenses and Other Assets 497 (7,307) (2,877)
Changes in Other Assets 17,302 15,583 5,729
Changes in Operating Liabilities:      
Accounts Payable (21,714) 37,488 7,043
Other Operating Liabilities (7,884) (38,659) 46,421
Changes in Other Liabilities (24,062) (23,526) (40,765)
Other 0 (2) 3,204
Net Cash Provided by Operating Activities 244,566 413,525 248,110
Cash Flows from Investing Activities:      
Capital Expenditures (169,739) (145,749) (81,413)
Proceeds from Sales of Assets 2,201 2,103 24,582
Other Investing Activity (5,003) (10,000) 0
Net Cash Used in Investing Activities (172,541) (153,646) (56,831)
Cash Flows from Financing Activities:      
Payments on Finance Lease Obligations (18,549)    
Payments on Finance Lease Obligations   (15,484) (3,904)
Net Payments on Revolver - MLP 0 0 (201,000)
Distributions to Noncontrolling Interest (22,220) (22,265) (21,892)
Shares/Units Withheld for Taxes (4,963) (3,424) (2,156)
Repurchases of Common Stock (32,733) (25,839) 0
Spin Distribution to CNX Resources Corporation 0 (18,234) (425,000)
Other Parent Net Distributions 0 0 (156,502)
Premium Paid on Extinguishment of Debt (6,773) (2,458) 0
Debt Issuance and Financing Fees (12,492) (2,166) (32,304)
Net Cash Provided by (Used in) Financing Activities (256,667) (148,923) (50,611)
Net (Decrease) Increase in Cash and Cash Equivalents and Restricted Cash (184,642) 110,956 140,668
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 264,935 153,979 13,311
Cash and Cash Equivalents and Restricted Cash at End of Period 80,293 264,935 153,979
Term Loan A      
Cash Flows from Financing Activities:      
Proceeds from debt 26,250 0 100,000
Payments on debt (11,250) (26,250) 0
Term Loan B      
Cash Flows from Financing Activities:      
Proceeds from debt 0 0 392,147
Payments on debt (124,437) (4,000) 0
Senior Secured Second Lien Notes due 2025      
Cash Flows from Financing Activities:      
Proceeds from debt 0 0 300,000
Payments on debt (52,648) (25,724) 0
Other Asset-Backed Financing Arrangements      
Cash Flows from Financing Activities:      
Proceeds from debt 3,757 0 0
Payments on debt (240) 0 0
CCR Units      
Cash Flows from Financing Activities:      
Repurchases of Common Stock $ (369) $ (3,079) $ 0