Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2011

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental information concerning Energen's cash flow activities was as follows:

Years ended December 31, (in thousands)	2011		2010		2009
Interest paid, net of amount capitalized	$	31,023	$	37,071	$	37,032
Income taxes paid	$	9,432	$	83,894	$	48,061
Noncash investing activities:
Accrued development and exploration costs	$	72,030	$	75,167	$	46,107
Capitalized depreciation	$	93	$	116	$	94
Capitalized asset retirement obligations costs	$	4,927	$	4,194	$	18,113
Allowance for funds used during construction	$	807	$	808	$	1,106
Noncash financing activities:
Issuance of common stock for employee benefit plans	$	822	$	5,765	$	641
Treasury stock acquired in connection with tax withholdings	$	713	$	2,894	$	778

The Company recorded a non-cash adjustment for accretion expense of $6.8 million, $6.2 million and $4.9 million during 2011, 2010 and 2009, respectively. In 2009, the Company issued treasury shares for $0.3 million.

Supplemental information concerning Alagasco's cash flow activities was as follows:

Years ended December 31, (in thousands)	2011		2010		2009
Interest paid, net of amount capitalized	$	12,385	$	11,653	$	11,731
Income taxes paid	$	5,143	$	13,063	$	7,908
Interest on affiliated company debt, net	$	376	$	274	$	221
Noncash investing activities:
Accrued property, plant and equipment costs	$	2,229	$	2,592	$	2,049
Capitalized depreciation	$	93	$	116	$	94
Capitalized asset retirement obligations costs	$	300	$	161	$	229
Allowance for funds used during construction	$	807	$	808	$	1,106