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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING ACTIVITIES:      
Net income $ 184,746 $ 23,176 $ 195,867
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation, depletion, amortization, and impairment 333,907 319,021 280,451
Impairment of oil and natural gas properties (Note 2) 0 283,606 0
(Gain) loss on derivatives 5,449 53,096 (159)
Derivatives settled 1,161 (51,853) (2,254)
(Gain) loss on disposition of assets (17,076) (253) 595
Deferred tax expense 100,732 15,530 125,551
Employee stock compensation plans 21,317 16,956 14,303
Bad debt expense 0 90 260
ARO liability accretion 5,450 4,615 3,838
Other, net 2,250 781 294
Changes in operating assets and liabilities increasing (decreasing) cash:      
Accounts receivable 2,967 13,994 (38,731)
Materials and supplies (2,435) (361) (1,886)
Prepaid expenses and other 1,813 (3,466) 22,672
Accounts payable 15,715 10,187 (1,064)
Accrued liabilities 17,198 6,911 9,245
Contract advances 1,137 (1,119) (527)
Net cash provided by operating activities 674,331 690,911 608,455
INVESTING ACTIVITIES:      
Capital expeditures (703,984) (762,381) (728,551)
Producing property and other acquisitions 0 (598,485) (50,013)
Proceeds from disposition of property and equipment 120,910 281,824 10,328
Other 3,894 0 0
Net cash used in investing activities (579,180) (1,079,042) (768,236)
FINANCING ACTIVITIES:      
Borrowings under line of credit 222,500 735,300 441,500
Payments under line of credit (293,600) (714,200) (554,500)
Proceeds from issuance of senior subordinated notes, net of debt issuance costs and discount 0 386,274 243,950
Proceeds from exercise of stock options 574 215 679
Tax benefit from stock options 8 121 1,174
Increase (decrease) in book overdrafts (Note 2) (7,014) (19,440) 26,454
Net cash provided by (used in) financing activities (77,532) 388,270 159,257
Net increase (decrease) in cash and cash equivalents 17,619 139 (524)
Cash and cash equivalents, beginning of year 974 835 1,359
Cash and cash equivalents, end of year 18,593 974 835
Supplemental disclosure of cash flow information:      
Interest paid (net of capitalization) 12,485 14,880 3,470
Income taxes 9,100 5,116 655
Changes in accounts payable and accrued liabilites related to purchases of property, plant, and equipment (6,550) (4,753) (28,036)
Non-cash additions to oil and natural gas properties related to asset retirement obligations $ (17,952) $ 45,097 $ 23,345