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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities        
Net income $ 17,829 $ 42,698 $ 20,268 $ 78,890
Adjustments to reconcile net income to net cash provided by operating activities:        
Depletion, depreciation and amortization 14,862 15,660 29,534 31,723
Loss/(Gain) on disposal of property, plant and equipment 297 (207) 292 (226)
Abandonment of non-producing property 0 0 2,835 0
Accretion of asset retirement obligation 157 145 310 286
Amortization of debt issuance costs 315 246 629 491
Share based compensation and other benefits 4,115 2,689 7,887 5,789
Changes in operating assets and liabilities:        
Inventories 11,486 (15,505) 9,920 (55,569)
Trade receivables 802 81 (2,380) (393)
Accrued compensation and benefits 377 3,051 1,234 4,341
Accounts payable (7,029) 1,450 (2,336) 4,644
Property, production and franchise taxes payable (22) 1,273 396 2,944
Income taxes payable (268) 5,737 (3,115) 9,821
Workers compensation 502 (78) 502 (554)
Restricted cash 0 0 75 3,000
Other (4,051) 1,571 (10,683) 7,496
Net cash provided by operating activities 39,372 58,811 55,368 92,683
Cash flows from investing activities        
Capital expenditures (36,593) (23,110) (59,313) (46,295)
Purchase of long-term investment 0 0 0 (616)
Proceeds from disposal of property, plant and equipment 20 207 28 228
Purchases of investments (26,637) (32,801) (31,887) (98,096)
Proceeds from maturities of investments 19,088 58,575 23,549 137,017
Net cash (used in) provided by investing activities (44,122) 2,871 (67,623) (7,762)
Cash flows from financing activities        
Proceeds from sale of noncontrolling interest, net of transaction costs 94,669 0 93,821 0
Issuance of long-term debt 7,176 0 7,176 0
Payments on long term debt and capital lease obligations (495) 0 (495) 0
Payments for debt issuance costs 0 0 (219) 0
Issuance of common stock 3 7 32 725
Net cash provided by financing activities 101,353 7 100,315 725
Cash and cash equivalents        
Net increase 96,603 61,689 88,060 85,646
Balance at beginning of period 100,554 43,320 109,097 19,363
Balance at end of period $ 197,157 $ 105,009 $ 197,157 $ 105,009