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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:        
Net earnings $ 2,589 $ 5,554 $ 6,327 $ 5,503
Adjustments to reconcile net earnings to net cash provided by operating activities:        
Equity in income of affiliates (433) (3,348) (3,400) (5,026)
Depletion, depreciation, and amortization 814 235 1,915 738
Impairment of assets 0 0 0 630
Sale of interest in leasehold land, net of fees paid     (1,137) (1,526)
Distributions of income from equity investees     3,170 4,278
Retirement benefits income     (204) (38)
Non-cash rent income     (1) (3)
Accretion of asset retirement obligation     562 432
Deferred income tax (benefit) expense (51) 151 (53) 165
Asset retirement obligation payments     (780) (316)
Share-based compensation expense     541 389
Common stock issued for services     3 0
Retirement plan contributions and payments     (2) (5)
Bad debt (recovery) expense     (27) 33
Gain on debt extinguishment 0 (149) 0 (149)
Gain on termination of post-retirement medical plan 0 (2,341) 0 (2,341)
Decrease from changes in current assets and liabilities     (1,245) (659)
Net cash provided by operating activities     5,669 2,105
Cash flows from investing activities:        
Distribution from equity investees in excess of earnings     230 1,649
Proceeds from sale of interest in leasehold land, net of fees paid     1,137 1,526
Proceeds from the sale of contract drilling assets     687 0
Proceeds from the sale of oil and natural gas assets     0 60
Payments to acquire oil and natural gas properties     (1,563) (348)
Capital expenditures - oil and natural gas     (6,541) (904)
Capital expenditures - all other     (13) (28)
Net cash (used in) provided by investing activities     (6,063) 1,955
Cash flows from financing activities:        
Borrowings on long-term debt     0 47
Distributions to non-controlling interests     (629) (951)
Proceeds from issuance of stock, net of costs     2,356 1,736
Net cash provided by financing activities     1,727 832
Effect of exchange rate changes on cash and cash equivalents     (38) 24
Net increase in cash and cash equivalents     1,295 4,916
Cash and cash equivalents at beginning of period     11,279 4,584
Cash and cash equivalents at end of period $ 12,574 $ 9,500 $ 12,574 $ 9,500