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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 48,148 $ (31,287)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation, depletion and amortization 112,242 109,863
Impairment of property and equipment 3,406 89,811
Abandonments and impairments 8,752 2,980
Gain on sales of assets and impairment of inventory, net (9,069) (1,527)
Deferred income tax expense (benefit) 27,319 (18,693)
Non-cash employee compensation 9,979 (5,897)
Loss on derivatives 3,715 9,919
Cash settlements of derivatives (4,777) (1,364)
Accretion of asset retirement obligations 2,723 3,169
Amortization of debt issue costs and original issue discount 2,329 2,281
Amortization of deferred revenue from volumetric production payment (5,855) (6,639)
Changes in operating working capital:    
Accounts receivable (1,434) (188)
Accounts payable 3,539 (4,060)
Other 10,728 5,513
Net cash provided by operating activities 211,745 153,881
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property and equipment (311,968) (208,022)
Proceeds from volumetric production payment 810 1,034
Proceeds from sales of assets 104,634 197,941
Decrease in equipment inventory 9,655 5,818
Other (325) (1,169)
Net cash used in investing activities (197,194) (4,398)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 29,522 43,000
Repayments of long-term debt (40,000) (180,000)
Proceeds from exercise of stock options 130 0
Net cash used in financing activities (10,348) (137,000)
NET INCREASE IN CASH AND CASH EQUIVALENTS 4,203 12,483
CASH AND CASH EQUIVALENTS    
Beginning of period 26,623 10,726
End of period 30,826 23,209
SUPPLEMENTAL DISCLOSURES    
Cash paid for interest, net of amounts capitalized 23,929 20,968
Cash paid for income taxes $ 1,600 $ 0