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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net income $ 70,786 $ 275,461
Adjustments to reconcile to cash from operating activities:    
Depreciation, depletion and amortization 77,259 71,556
Accretion on asset retirement obligations 11,739 10,585
Deferred income taxes 5,567 49,824
Employee stock-based compensation expense 10,445 13,206
Amortization relating to financing activities 1,441 884
Gain on disposals and divestitures, net (150) (393)
Reclamation work completed (4,451) (11,757)
Contribution to fund for asset retirement obligations (3,745) (2,664)
Changes in:    
Receivables 39,306 (13,057)
Inventories (5,604) (40,295)
Accounts payable, accrued expenses and other current liabilities (29,223) (53,729)
Income taxes, net (45) (828)
Other 14,121 24,093
Cash provided by operating activities 187,446 322,886
Investing activities    
Capital expenditures (92,366) (76,606)
Minimum royalty payments (988) (1,113)
Proceeds from disposals and divestitures 199 439
Purchases of short-term investments (30,535) (13,772)
Proceeds from sales of short-term investments 27,846 17,488
Investments in and advances to affiliates, net (6,516) (9,927)
Cash used in investing activities (102,360) (83,491)
Financing activities    
Payments on convertible debt   (58,430)
Net payments on other debt (21,992) (24,849)
Debt financing costs (1,516)  
Purchases of treasury stock (30,747) (93,803)
Dividends paid (63,757) (111,913)
Payments for taxes related to net share settlement of equity awards (24,339) (27,217)
Proceeds from warrants exercised   43,750
Cash used in financing activities (129,186) (273,962)
Decrease in cash and cash equivalents, including restricted cash (44,100) (34,567)
Cash and cash equivalents, including restricted cash, beginning of period 288,907 237,159
Cash and cash equivalents, including restricted cash, end of period 244,807 202,592
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash and cash equivalents 243,707 201,492
Restricted Cash 1,100 1,100
Cash and cash equivalents, including restricted cash, end of period 244,807 202,592
Term loan due 2025    
Financing activities    
Proceeds from issuance of term loan due 2025 20,000  
Payments on term loan (3,333)  
Term loan due 2024    
Financing activities    
Payments on term loan $ (3,502) $ (1,500)