XML 57 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Statement of Operations (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenue:        
Oil production $ 184,498 $ 182,181 $ 371,423 $ 383,939
Gas production 47,832 28,146 84,654 57,003
Natural gas liquids production 11,200 9,866 20,378 23,318
Other operational income 979 952 1,786 1,842
Derivative income, net 1,368 5,416 147 4,931
Total operating revenue 245,877 226,561 478,388 471,033
Operating expenses:        
Lease operating expenses 50,517 51,555 103,561 96,035
Transportation, processing and gathering expenses 8,896 5,492 14,293 9,149
Production taxes 4,091 2,358 6,180 5,736
Depreciation, depletion, amortization 87,209 87,133 162,644 171,708
Accretion expense 8,318 8,255 16,581 16,521
Salaries, general and administrative 15,198 13,143 29,150 26,848
Incentive compensation expense 2,050 2,398 3,481 3,840
Other operational expenses 73 71 145 113
Total operating expenses 176,352 170,405 336,035 329,950
Income (loss) from operations 69,525 56,156 142,353 141,083
Other (income) expenses:        
Interest expense 8,895 7,684 18,530 13,415
Interest income (115) (79) (232) (110)
Other income (682) (366) (1,408) (786)
Total other (income) expenses 8,098 7,239 16,890 12,519
Income (loss) before taxes 61,427 48,917 125,463 128,564
Provision (benefit) for income taxes:        
Current (6,993) (665) (10,739) 569
Deferred 29,398 19,035 56,422 46,474
Total income taxes 22,405 18,370 45,683 47,043
Net income 39,022 30,547 79,780 81,521
Comprehensive income 53,060 93,749 75,477 122,658
Parent
       
Operating revenue:        
Oil production 8,378 6,813 13,721 13,047
Gas production 20,071 5,865 27,269 11,496
Natural gas liquids production 6,378 1,710 8,677 5,574
Other operational income 790 762 1,439 1,456
Total operating revenue 35,617 15,150 51,106 31,573
Operating expenses:        
Lease operating expenses 3,425 6,318 5,716 11,222
Transportation, processing and gathering expenses 5,729 1,710 7,781 4,198
Production taxes 1,320 507 2,187 1,670
Depreciation, depletion, amortization 25,088 15,071 35,279 26,548
Accretion expense 93 137 186 285
Salaries, general and administrative 15,150 14,190 29,098 26,844
Incentive compensation expense 2,050 2,398 3,481 3,840
Other operational expenses 51 47 101 89
Total operating expenses 52,906 40,378 83,829 74,696
Income (loss) from operations (17,289) (25,228) (32,723) (43,123)
Other (income) expenses:        
Interest expense 8,882 7,672 18,509 13,518
Interest income (70) (74) (150) (104)
Other income (217) (4) (441) (23)
(Income) from investment in subsidiaries (55,893) (52,313) (112,721) (118,450)
Total other (income) expenses (47,298) (44,719) (94,803) (105,059)
Income (loss) before taxes 30,009 19,491 62,080 61,936
Provision (benefit) for income taxes:        
Current (6,993) (665) (10,739) 569
Deferred (2,020) (10,391) (6,961) (20,154)
Total income taxes (9,013) (11,056) (17,700) (19,585)
Net income 39,022 30,547 79,780 81,521
Comprehensive income 53,060 93,749 75,477 122,658
Guarantor Subsidiary
       
Operating revenue:        
Oil production 176,120 175,368 357,702 370,892
Gas production 27,761 22,281 57,385 45,507
Natural gas liquids production 4,822 8,156 11,701 17,744
Other operational income 189 77 347 140
Derivative income, net 1,368 5,416 147 4,931
Total operating revenue 210,260 211,298 427,282 439,214
Operating expenses:        
Lease operating expenses 47,092 45,443 97,845 84,830
Transportation, processing and gathering expenses 3,167 3,782 6,512 4,951
Production taxes 2,771 1,851 3,993 4,066
Depreciation, depletion, amortization 62,121 71,969 127,365 144,969
Accretion expense 8,225 8,033 16,395 16,065
Salaries, general and administrative   (1,047) 4 4
Other operational expenses 22 24 44 24
Total operating expenses 123,398 130,055 252,158 254,909
Income (loss) from operations 86,862 81,243 175,124 184,305
Other (income) expenses:        
Interest expense 13 12 21 (103)
Interest income (38) (5) (75) (6)
Other income (465) (362) (967) (763)
(Income) from investment in subsidiaries   (140)   99
Total other (income) expenses (490) (495) (1,021) (773)
Income (loss) before taxes 87,352 81,738 176,145 185,078
Provision (benefit) for income taxes:        
Deferred 31,418 29,426 63,383 66,628
Total income taxes 31,418 29,426 63,383 66,628
Net income 55,934 52,312 112,762 118,450
Comprehensive income 55,934 52,312 112,762 118,450
Non-Guarantor Subsidiaries
       
Operating revenue:        
Other operational income   113   246
Total operating revenue   113   246
Operating expenses:        
Lease operating expenses   (206)   (17)
Depreciation, depletion, amortization   93   191
Accretion expense   85   171
Salaries, general and administrative 48   48  
Total operating expenses 48 (28) 48 345
Income (loss) from operations (48) 141 (48) (99)
Other (income) expenses:        
Interest income (7)   (7)  
(Income) from investment in subsidiaries 39   39  
Total other (income) expenses 32   32  
Income (loss) before taxes (80) 141 (80) (99)
Provision (benefit) for income taxes:        
Net income (80) 141 (80) (99)
Comprehensive income (80) 141 (80) (99)
Eliminations
       
Other (income) expenses:        
(Income) from investment in subsidiaries 55,854 52,453 112,682 118,351
Total other (income) expenses 55,854 52,453 112,682 118,351
Income (loss) before taxes (55,854) (52,453) (112,682) (118,351)
Provision (benefit) for income taxes:        
Net income (55,854) (52,453) (112,682) (118,351)
Comprehensive income $ (55,854) $ (52,453) $ (112,682) $ (118,351)