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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 34,793 $ 30,638
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 49,086 51,049
Impairment of property and equipment 4,424 11,114
Exploration costs 1,051 5,769
(Gain) loss on sales of assets and impairment of inventory, net (14,218) 1,044
Deferred income tax expense 19,149 16,863
Non-cash employee compensation 4,963 5,079
Unrealized (gain) loss on derivatives 9,069 (25,871)
Accretion of abandonment obligations 1,371 1,294
Amortization of debt issue costs 1,130 774
Loss on early extinguishment of long-term debt 4,594  
Changes in operating working capital:    
Accounts receivable 2,067 5,234
Accounts payable 974 (3,403)
Other 1,271 (2,907)
Net cash provided by operating activities 119,724 96,677
CASH FLOWS FROM INVESTING ACTIVITIES    
Additions to property and equipment (180,281) (135,528)
Proceeds from sales of assets 12,105 73,011
Change in equipment inventory 4,783 1,300
Other (110) (98)
Net cash used in investing activities (163,503) (61,315)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 341,855  
Repayments of long-term debt (286,165) (39,000)
Premium on early extinguishment of long-term debt (2,765)  
Proceeds from exercise of stock options 213  
Net cash provided by (used in) financing activities 53,138 (39,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 9,359 (3,638)
CASH AND CASH EQUIVALENTS    
Beginning of period 8,720 14,013
End of period 18,079 10,375
SUPPLEMENTAL DISCLOSURES    
Cash paid for interest, net of amounts capitalized $ 1,754 $ 11,735