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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities    
Net income $ 103,291 $ 88,828
Adjustments to reconcile to cash provided by operating activities:    
Depreciation, depletion and amortization 60,252 62,622
Accretion on asset retirement obligations 13,985 15,246
Amortization of sales contracts, net 6,299 29,042
Prepaid royalties expensed 0 2,288
Deferred income taxes 8,730 5,996
Employee stock-based compensation expense 7,992 4,942
Gains on disposals and divestitures, net 131 (2,005)
Net loss resulting from early retirement of debt and debt restructuring 485 2,061
Amortization relating to financing activities 2,170 1,565
Changes in:    
Receivables (20,212) (3,864)
Inventories (28,245) (23,594)
Accounts payable, accrued expenses and other current liabilities (11,879) (89)
Income taxes, net 11,560 (3,796)
Other (9,563) 21,557
Cash provided by operating activities 144,996 200,799
Investing activities    
Capital expenditures (30,049) (16,922)
Minimum royalty payments (124) (4,211)
Proceeds from disposals and divestitures 56 4,186
Purchases of short term investments (110,359) (157,364)
Proceeds from sales of short term investments 105,150 85,035
Investments in and advances to affiliates, net 0 (8,934)
Cash used in investing activities (35,326) (98,210)
Financing activities    
Proceeds from issuance of term loan due 2024 0 298,500
Payments to extinguish term loan due 2021 0 (325,684)
Payments on term loan due 2024 (1,500) (750)
Net payments on other debt (7,307) (5,207)
Debt financing costs (529) (8,900)
Net loss resulting from early retirement of debt and debt restructuring (50) (2,061)
Dividends paid (16,333) (8,563)
Purchases of treasury stock (115,973) (51,043)
Other 10  
Cash used in financing activities (141,682) (103,708)
Decrease in cash and cash equivalents, including restricted cash (32,012) (1,119)
Cash and cash equivalents, including restricted cash, beginning of period 273,602 376,422
Cash and cash equivalents, including restricted cash, end of period 241,590 375,303
Cash and cash equivalents, including restricted cash, end of period    
Cash and cash equivalents, including restricted cash $ 273,602 $ 376,422