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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net income $ 349,152 $ 860,443
Adjustments to reconcile to cash from operating activities:    
Depreciation, depletion and amortization 108,273 98,948
Accretion on asset retirement obligations 15,877 13,290
Deferred income taxes 66,561  
Employee stock-based compensation expense 19,699 20,837
Amortization relating to financing activities 1,317 1,958
Gain on disposals and divestitures, net (714) (1,012)
Reclamation work completed (17,642) (11,229)
Contribution to fund for asset retirement obligations (4,421) (110,000)
Changes in:    
Receivables (49,950) 108,635
Inventories (10,199) (58,438)
Accounts payable, accrued expenses and other current liabilities (31,241) 58,791
Income taxes, net (999) 826
Coal derivative assets and liabilities, including margin account 1,361 5,144
Other 6,744 27,038
Cash provided by operating activities 453,818 1,015,231
Investing activities    
Capital expenditures (121,030) (94,517)
Minimum royalty payments (1,113) (1,069)
Proceeds from disposals and divestitures 1,363 1,963
Purchases of short-term investments (23,386) (10,675)
Proceeds from sales of short-term investments 30,417 14,450
Investments in and advances to affiliates, net (12,210) (6,692)
Cash used in investing activities (125,959) (96,540)
Financing activities    
Payments on term loan due 2024 (2,250) (273,038)
Payments on convertible debt (58,430) (149,273)
Net payments on other debt (30,568) (23,942)
Debt financing costs   (690)
Purchases of treasury stock (122,502) (56,498)
Dividends paid (183,790) (264,638)
Payments for taxes related to net share settlement of equity awards (27,230) (4,908)
Proceeds from warrants exercised 43,949 19,422
Cash used in financing activities (380,821) (753,565)
(Decrease) increase in cash and cash equivalents, including restricted cash (52,962) 165,126
Cash and cash equivalents, including restricted cash, beginning of period 237,159 326,295
Cash and cash equivalents, including restricted cash, end of period 184,197 491,421
Cash and cash equivalents, including restricted cash, end of period    
Cash and cash equivalents 183,097 490,321
Restricted Cash 1,100 1,100
Cash and cash equivalents, including restricted cash $ 184,197 $ 491,421