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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (209,722,000) $ (585,054,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 296,919,000 359,882,000
Impairment of goodwill   395,060,000
Dry holes and abandonments 171,000 1,238,000
Deferred income tax benefit (37,073,000) (87,219,000)
Stock-based compensation expense 11,825,000 13,495,000
Net gain on asset disposals (4,052,000) (2,461,000)
Net gain on insurance reimbursement   (4,172,000)
Writedown of capacity reservation contract   9,207,000
Credit loss expense 0 5,606,000
Restructuring expenses, non-cash   30,886,000
Amortization of debt discount and issuance costs 412,000 447,000
Changes in operating assets and liabilities:    
Accounts receivable (36,438,000) 176,072,000
Income taxes receivable/payable 4,369,000 (2,663,000)
Inventory and other assets (6,423,000) 16,923,000
Accounts payable 34,465,000 (65,915,000)
Accrued liabilities (8,785,000) (37,237,000)
Other liabilities (1,471,000) (4,762,000)
Net cash provided by operating activities 44,197,000 219,333,000
Cash flows from investing activities:    
Purchases of property and equipment (56,573,000) (121,601,000)
Proceeds from disposal of assets and insurance claims 15,145,000 7,265,000
Other (223,000)  
Net cash used in investing activities (41,651,000) (114,336,000)
Cash flows from financing activities:    
Purchases of treasury stock (3,522,000) (20,935,000)
Dividends paid (7,523,000) (11,364,000)
Debt issuance costs   145,000
Net cash used in financing activities (11,045,000) (32,444,000)
Effect of foreign exchange rate changes on cash 266,000 43,000
Net increase (decrease) in cash and cash equivalents (8,233,000) 72,596,000
Cash and cash equivalents at beginning of period 224,915,000 174,185,000
Cash and cash equivalents at end of period 216,682,000 246,781,000
Net cash received (paid) during the period for:    
Interest, net of capitalized interest of $56 in 2021 and $406 in 2020 (20,604,000) (21,482,000)
Income taxes 4,226,000 (402,000)
Non-cash investing and financing activities:    
Receivable from property and equipment insurance   6,983,000
Net decrease in payables for purchases of property and equipment (5,232,000) (36,894,000)
Net decrease in deposits on equipment purchases $ 117,000 $ 1,390,000