XML 27 R10.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net Income $ 655,892 $ 466,979 $ 34,110
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation, Depletion and Amortization 241,317 226,878 224,583
Stock-Based Compensation 10,046 7,890 6,632
Gain on Sale of Assets (8,981) (34,589) (11,723)
Amortization of Debt Issuance Costs 5,468 8,314 8,552
Loss (Gain) on Debt Extinguishment 2,725 5,623 (657)
Deferred Income Taxes 14,121 49,387 (14,760)
Other Adjustments to Net Income (3,418) 3,880 644
Changes in Operating Assets:      
Trade and Other Receivables 36,922 (52,577) 44,707
Inventories (21,540) (3,020) (6,676)
Other Current Assets (4,673) 2,883 229
Changes in Other Assets (11,725) (26,063) (13,797)
Changes in Operating Liabilities:      
Accounts Payable 11,449 39,235 11,473
Commodity Derivatives, net Liability (15,142) (37,062) 52,204
Other Operating Liabilities 3,063 14,453 27,461
Changes in Other Liabilities (57,575) (21,221) (57,413)
Net Cash Provided by Operating Activities 857,949 650,990 305,569
Cash Flows from Investing Activities:      
Capital Expenditures (167,791) (171,506) (132,752)
Proceeds from Sales of Assets 4,255 21,538 13,572
Investments in Mining-Related Activities (7,481) 0 0
Proceeds from Sales of Short-Term Investments 122,658 0 0
Purchases of Short-Term Investments (200,870) 0 0
Other Investing Activity (10,203) 7,790 (8,181)
Net Cash Used in Investing Activities (259,432) (142,178) (127,361)
Cash Flows from Financing Activities:      
Payments on Finance Lease Obligations (25,335) (24,511) (27,447)
Proceeds from Long-Term Debt 0 0 75,000
Payments on Other Debt (981) (840) (731)
Shares Withheld for Taxes (12,831) (6,261) (2,303)
Repurchases of Common Stock (399,379) 0 0
Debt Issuance and Financing Fees (2,779) (7,957) (2,368)
Dividends (75,474) (71,486) 0
Net Cash Used in Financing Activities (682,201) (380,066) (30,852)
Net (Decrease) Increase in Cash and Cash Equivalents and Restricted Cash (83,684) 128,746 147,356
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 326,952 198,206 50,850
Cash and Cash Equivalents and Restricted Cash at End of Period 243,268 326,952 198,206
Term Loan A Facility      
Cash Flows from Financing Activities:      
Payments on Debt 0 (41,250) (25,000)
Term Loan B Facility      
Cash Flows from Financing Activities:      
Payments on Debt (63,590) (175,687) (30,911)
Senior Secured Second Lien Notes due 2025      
Cash Flows from Financing Activities:      
Payments on Debt $ (101,832) $ (52,074) $ (17,092)