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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 8,210 $ 2,829
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of discount on available-for-sale debt securities (16) (15)
Amortization of deferred offering costs 56 52
Depreciation, depletion and amortization 10,354 11,570
Change in fair value of derivative financial instruments (807) 1,466
Stock option expense 532 315
Deferred tax expense (benefit) (8) 7
Change in assets and liabilities:    
Decrease (increase) in accounts receivable-trade 8,413 (1,537)
Increase in other assets (2,228) (57)
Increase (decrease) in accounts payable and accruals (8,817) 2,142
Decrease in other long-term liabilities (198) (751)
Net cash provided by operating activities 15,491 16,021
Cash flows from investing activities:    
Purchase, exploration and development of oil and gas properties (10,902) (2,824)
Purchase of property and equipment (446) (1,118)
Net cash used in investing activities (11,348) (3,942)
Cash flows from financing activities:    
Payments on debt and debentures (14,000) (10,000)
Proceeds from the exercise of stock options 71 191
Net cash used in financing activities (13,929) (9,809)
Net (decrease) increase in cash and cash equivalents (9,786) 2,270
Cash and cash equivalents at beginning of period 11,620 8,475
Cash and cash equivalents at end of period 1,834 10,745
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized 711 668
Noncash investing and financing activities    
Accrued preferred stock dividend $ 3 $ 3