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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 2,829 $ 3,811
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of discount on available-for-sale debt securities (15) (14)
Amortization of deferred offering costs 52 51
Depreciation, depletion and amortization 11,570 10,105
Change in fair value of derivative financial instruments 1,466 (1,087)
Stock option expense 315 383
Deferred tax expense 7 17
Change in assets and liabilities:    
Decrease (increase) in accounts receivable-trade (1,537) 515
Increase in other assets (57) (724)
Increase in accounts payable and accruals 2,142 692
Decrease in other long-term liabilities (751) (858)
Net cash provided by operating activities 16,021 12,891
Cash flows from investing activities:    
Purchase, exploration and development of oil and gas properties (2,824) (26,012)
Purchase of property and equipment (1,118) (293)
Net cash used in investing activities (3,942) (26,305)
Cash flows from financing activities:    
Proceeds from line of credit   10,000
Payments on debt and debentures (10,000) (38)
Proceeds from the exercise of stock options 191  
Issuance of common stock, net   37
Net cash provided by (used in) financing activities (9,809) 9,999
Net increase (decrease) in cash and cash equivalents 2,270 (3,415)
Cash and cash equivalents at beginning of period 8,475 10,614
Cash and cash equivalents at end of period 10,745 7,199
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized 668 738
Noncash investing and financing activities    
Accrued preferred stock dividend $ 3 $ 3