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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income (loss) $ 13,737 $ (1,893)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Deferred income tax expense 3,051 788
Depreciation, amortization, depletion and accretion 2,106 2,297
Operating lease expense 379 774
Amortization of debt discount and debt issuance costs 591 354
Stock-based compensation expense 421 506
Earnings from equity method investments (18,312) (8,273)
Other non-cash items, net (273) 0
Changes in operating assets and liabilities:    
Receivables and related party receivables 2,147 2,988
Prepaid expenses and other assets 1,178 226
Inventories, net 1,548 1,572
Other long-term assets, net (1,817) (89)
Accounts payable (706) (1,477)
Accrued payroll and related liabilities (1,043) (973)
Other current liabilities 1,305 (23)
Operating lease liabilities 2,104 (634)
Other long-term liabilities (2,113) (22)
Distributions from equity method investees, return on investment 17,644 17,116
Net cash provided by operating activities 21,947 13,237
Cash flows from investing activities    
Distributions from equity method investees in excess of cumulative earnings 5,607 0
Acquisition of property, plant, equipment, and intangible assets, net (1,321) (1,289)
Mine development costs (248) (447)
Proceeds from sale of property and equipment 848 0
Net cash provided by (used in) investing activities 4,886 (1,736)
Cash flows from financing activities    
Principal payments on term loan (10,000) (6,000)
Principal payments on finance lease obligations (315) (340)
Dividends paid 0 (4,518)
Repurchase of common shares 0 (159)
Repurchase of common shares to satisfy tax withholdings (216) (376)
Net cash used in financing activities (10,531) (11,393)
Increase in Cash and Cash Equivalents and Restricted Cash 16,302 108
Cash and Cash Equivalents and Restricted Cash, beginning of period 35,932 17,080
Cash and Cash Equivalents and Restricted Cash, end of period 52,234 17,188
Supplemental disclosure of non-cash investing and financing activities:    
Acquisition of property, plant and equipment through accounts payable 765 1,890
Dividends payable $ 0 $ 105