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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net (Loss) Income $ (105,833) $ 159,952
Adjustments to Reconcile Net (Loss) Income to Net Cash Provided by Operating Activities:    
Depreciation, Depletion and Amortization 290,819 111,844
Gain on Sale of Assets (5,968) (6,784)
Stock-Based Compensation 32,027 7,355
Loss on Debt Extinguishment 11,680 0
Deferred Income Taxes 3,137 180
Loss from Equity Method Investments 8,034 534
Other Adjustments to Net (Loss) Income 1,915 (177)
Changes in Operating Assets:    
Accounts and Notes Receivable (4,254) 809
Inventories 26,323 (9,353)
Other Current Assets (18,360) 3,321
Changes in Other Assets 22,654 (2,070)
Changes in Operating Liabilities:    
Accounts Payable (78,411) 426
Other Operating Liabilities (25,631) (37,801)
Payments on Asset Retirement Obligations (14,808) (11,926)
Changes in Other Liabilities (32,801) (22,562)
Net Cash Provided by Operating Activities 110,523 193,748
Cash Flows from Investing Activities:    
Capital Expenditures (154,007) (97,760)
Proceeds from Sales of Assets 6,219 6,948
Proceeds from Sales of Short-Term Investments 80,165 20,543
Purchases of Short-Term Investments (4,802) (20,084)
Net Cash and Restricted Cash Acquired from Merger 368,726 0
Purchase of Arch Tax-Exempt Bonds 98,225 0
Investments in DTA (10,640) 0
Other Investing Activity (4,647) (5,148)
Net Cash Provided by (Used in) Investing Activities 182,789 (95,501)
Cash Flows from Financing Activities:    
Payments on Finance Lease Obligations (5,628) (6,424)
Proceeds from Long-Term Debt 114,439 0
Payments on Other Debt (11,223) (710)
Shares Withheld for Taxes (14,068) (5,578)
Repurchases of Common Stock (183,152) (70,879)
Debt-Related Financing Fees (17,470) 0
Payments of Excise Tax on Share Repurchases (934) 0
Dividends and Dividend Equivalents Paid (15,918) (1,098)
Net Cash Used in Financing Activities (133,954) (84,689)
Net Increase in Cash and Cash Equivalents and Restricted Cash 159,358 13,558
Cash and Cash Equivalents and Restricted Cash at Beginning of Period 447,542 243,268
Cash and Cash Equivalents and Restricted Cash at End of Period 606,900 256,826
Non-Cash Investing and Financing Activities:    
Equipment Financing 66,147 364
Equity Issued as Consideration for Merger $ 2,481,368 $ 0