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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income $ 198,108 $ 271,872
Adjustments to reconcile to cash from operating activities:    
Depreciation, depletion and amortization 35,479 32,210
Accretion on asset retirement obligations 5,292 4,430
Deferred income taxes 35,548  
Employee stock-based compensation expense 6,767 8,203
Amortization relating to financing activities 450 770
Gain on disposals and divestitures, net (279) (352)
Reclamation work completed (3,887) (4,278)
Contribution to fund for asset retirement obligations (1,141) (20,000)
Changes in:    
Receivables (57,968) (399)
Inventories (48,140) (47,263)
Accounts payable, accrued expenses and other current liabilities (63,508) 14,115
Income taxes, net 1,491 442
Coal derivative assets and liabilities, including margin account (1,462) 15,833
Other 19,371 17,356
Cash provided by operating activities 126,121 292,939
Investing activities    
Capital expenditures (30,541) (22,288)
Minimum royalty payments (113)  
Proceeds from disposals and divestitures 343 360
Purchases of short-term investments (2,930)  
Proceeds from sales of short-term investments 8,000 14,450
Investments in and advances to affiliates, net (4,329) (2,088)
Cash used in investing activities (29,570) (9,566)
Financing activities    
Payments on term loan due 2024 (750) (271,537)
Payments on convertible debt (58,430)  
Net payments on other debt (12,647) (10,134)
Dividends paid (66,902) (3,851)
Purchases of treasury stock (20,806)  
Payments for taxes related to net share settlement of equity awards (27,055) (4,827)
Proceeds from warrants exercised 43,719 506
Cash used in financing activities (142,871) (289,843)
Decrease in cash and cash equivalents, including restricted cash (46,320) (6,470)
Cash and cash equivalents, including restricted cash, beginning of period 237,159 326,295
Cash and cash equivalents, including restricted cash, end of period 190,839 319,825
Cash and cash equivalents, including restricted cash, end of period    
Cash and cash equivalents 189,739 318,725
Restricted Cash 1,100 1,100
Cash and cash equivalents, including restricted cash $ 190,839 $ 319,825