XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activties    
Net loss $ (124,139) $ (70,049)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 104,423 118,868
Amortization of acquired sales contracts, net (3,696) (2,810)
Amortization relating to financing activities 3,236 6,167
Prepaid royalties expensed 1,803 3,537
Employee stock-based compensation expense 2,333 2,713
Gains on disposals and divestitures, net (15,129) (595)
Changes in:    
Receivables (27,245) (12,340)
Inventories 7,441 (2,816)
Accounts payable, accrued expenses and other current liabilities 43,989 38,249
Income taxes, net (115) 458
Deferred income taxes (43,698) (54,993)
Other 10,522 16,902
Cash provided by (used in) operating activities (40,275) 43,291
Investing activities    
Capital expenditures (14,454) (54,522)
Additions to prepaid royalties (591) (9,142)
Proceeds from disposals and divestitures 28,195 714
Purchases of short term investments (119,176) (26,787)
Proceeds from sales of short term investments 117,681 11,534
Investments in and advances to affiliates (3,242) (4,298)
Change in restricted cash 0 1,163
Cash provided by (used in) investing activities 8,413 (81,338)
Financing activities    
Payments on term loan (4,875) (4,125)
Net payments on other debt (4,521) (5,964)
Debt financing costs (1,957)   
Dividends paid (2,123) (6,367)
Cash used in financing activities (13,476) (16,456)
Decrease in cash and cash equivalents (45,338) (54,503)
Cash and cash equivalents, beginning of period 911,099 784,622
Cash and cash equivalents, end of period $ 865,761 $ 730,119