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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net (loss) income $ (108,881,000) $ 156,065,000 $ 771,703,000
Adjustments to reconcile net income to cash and cash equivalents provided by operating activities:      
Depreciation, depletion and amortization 190,923,000 163,862,000 165,503,000
Change in estimate of asset retirement obligation (3,523,000) (3,151,000) 1,543,000
Impairment of non-core assets 10,585,000 0 0
Amortization of right of use asset - operating leases 22,091,000 12,415,000 6,704,000
Amortization of deferred financing costs 3,989,000 4,300,000 1,933,000
Non-cash interest expense 34,912,000 30,997,000 31,362,000
Amortization of contract obligations (31,443,000) (33,026,000) (36,519,000)
Equity-based compensation expense 129,000 2,149,000 2,735,000
Loss on debt extinguishment 14,732,000 1,385,000 5,336,000
Deferred income taxes (39,526,000) (21,338,000) 40,423,000
Reclamation of asset retirement obligations (9,724,000) (5,334,000) (4,543,000)
(Decrease) increase in provision for discounting and credit losses (207,000) (4,216,000) 3,821,000
Gain on translation of short-term inter-entity balances (10,028,000) 0 0
Other (694,000) 516,000 855,000
Changes in operating assets and liabilities:      
Accounts receivable - including related party receivables, net 35,451,000 155,056,000 (156,818,000)
Inventories 27,644,000 (32,774,000) (41,243,000)
Other current assets (2,778,000) (477,000) (12,365,000)
Accounts payable (9,366,000) 40,159,000 (27,664,000)
Accrued expenses and other current liabilities (97,895,000) (25,435,000) 84,041,000
Operating lease liabilities (21,050,000) (14,597,000) (8,244,000)
Income tax payable 66,665,000 (164,834,000) 96,326,000
Change in other liabilities 2,033,000 6,560,000 1,754,000
Net cash provided by operating activities 74,039,000 268,282,000 926,643,000
Cash flows from investing activities:      
Capital expenditures (248,142,000) (237,205,000) (199,716,000)
Proceeds from the disposal of property, plant, and equipment 0 0 318,000
Purchase of restricted and other deposits (2,462,000) (27,213,000) (9,761,000)
Redemption of restricted and other deposits 24,268,000 26,250,000 816,000
Net cash used in investing activities (226,336,000) (238,168,000) (208,343,000)
Cash flows from financing activities:      
Proceeds from interest bearing liabilities and other financial liabilities 449,860,000 0 0
Debt issuance costs and other financing costs (13,912,000) (3,436,000) 0
Principal payments on interest bearing liabilities and other financial liabilities (246,668,000) (4,361,000) (81,310,000)
Call premiums paid on early redemption of debt (9,768,000) 0 (2,557,000)
Principal payments on finance lease obligations (68,000) (127,000) (140,000)
Dividends paid (16,679,000) (16,755,000) (700,244,000)
Net cash provided by (used in) financing activities 162,765,000 (24,679,000) (784,251,000)
Net increase (decrease) in cash and cash equivalents 10,468,000 5,435,000 (65,951,000)
Effect of exchange rate changes on cash and cash equivalents (10,138,000) (769,000) (37,351,000)
Cash and cash equivalents at beginning of period 339,295,000 334,629,000 437,931,000
Cash and cash equivalents at end of period 339,625,000 339,295,000 334,629,000
Supplemental disclosure of cash flow information:      
Cash payments for interest 29,727,000 28,632,000 36,728,000
Cash (refund) paid for taxes (67,842,000) 147,106,000 90,888,000
Restricted cash $ 251,000 $ 251,000 $ 251,000