XML 23 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities    
Net loss $ (434,010) $ (2,280,774)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation, depletion and amortization 191,581 306,211
Amortization of acquired sales contracts, net (728) (7,028)
Amortization relating to financing activities 12,800 18,960
Prepaid royalties expensed 4,791 6,661
Employee stock-based compensation expense 2,096 4,459
Asset impairment and non-cash mine closure costs 119,194 2,136,610
Non-cash bankruptcy reorganization items (16,634) 0
Losses from disposed operations resulting from Patriot Coal bankruptcy 0 149,314
Expenses related to proposed debt restructuring 2,213 11,498
Gains on disposals and divestitures, net (6,628) (1,191)
Deferred income taxes (419) (347,180)
Changes in:    
Receivables (42,787) (3,165)
Inventories 34,604 (48,848)
Accounts payable, accrued expenses and other current liabilities 90,920 (19,338)
Income taxes, net (4,217) (4,303)
Other 15,990 (1,568)
Cash used in operating activities (31,234) (79,682)
Investing activities    
Capital expenditures (82,434) (109,250)
Additions to prepaid royalties (305) (5,808)
Proceeds from (consideration paid for) disposals and divestitures (2,921) 1,020
Purchases of marketable securities (98,750) (203,094)
Proceeds from sale or maturity of marketable securities and other investments 187,006 248,362
Investments in and advances to affiliates (3,440) (7,944)
Withdrawals (deposits) of restricted cash 15,979 (44,732)
Cash provided by (used in) investing activities 15,135 (121,446)
Financing activities    
Payments on term loan 0 (14,625)
Net payments on other debt (12,083) (12,192)
Expenses related to proposed debt restructuring (2,213) (11,498)
Debt financing costs (20,181) 0
Cash used in financing activities (34,477) (38,315)
Decrease in cash and cash equivalents (50,576) (239,443)
Cash and cash equivalents, beginning of period 450,781 734,231
Cash and cash equivalents, end of period $ 400,205 $ 494,788