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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 6,883 $ 5,266
Adjustments to reconcile net income to net cash from operating activities    
Accretion of asset retirement obligations 128 123
Depreciation and amortization 4,116 2,438
Amortization of debt issuance costs 14 48
Stock-based compensation 894 551
Deferred income tax expense 1,341 709
Changes in operating assets and liabilities    
Accounts receivable (16,556) (16,331)
Prepaid expenses 1,196 (1,464)
Inventories (842) (74)
Advanced coal royalties (81)
Other assets and liabilities 144 44
Accounts payable (4,159) 8,562
Accrued expenses (1,031) (3,564)
Net cash from operating activities (5,891) 3,436
Cash flow from investing activities    
Purchases of property, plant and equipment (8,199) (12,769)
Proceeds from maturities of investment securities 5,200
Net cash from investing activities (8,199) (7,569)
Cash flows from financing activities    
Proceeds from borrowings 26,500 6,000
Repayments of borrowings (17,251)
Repayments of financed insurance payable (171) (220)
Payment of debt issuance costs (257)
Net cash from financing activities 9,078 5,523
Net change in cash and cash equivalents (5,012) 1,390
Cash and cash equivalents, beginning of period 6,951 5,934
Cash and cash equivalents, end of period 1,939 7,324
Supplemental cash flow information    
Cash paid for interest 249 57
Cash paid for taxes
Non-cash investing and financing activities    
Capital expenditures included in accounts payable and accrued expenses 4,332 3,172
Financed insurance 789
Additional asset retirement obligations acquired or incurred $ 43 $ 88