XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH PROVIDED BY OPERATIONS:    
Net earnings $ 4,834 $ 7,437
Adjustments to reconcile net earnings to net cash from operating activities -    
Depreciation, depletion and amortization 9,871 12,118
Property sales (gains) (1,275) (514)
Dry hole costs incurred 0 33
Impairment of oil and natural gas properties 87 623
Provision for doubtful accounts 93 0
Deferred income taxes (1,965) 581
Net change in fair value contracts (124) (50)
Equity investment (earnings) losses 400 0
Decrease (increase) in accounts receivable (10,073) (1,265)
Decrease (increase) in inventories (5,191) (3,596)
Decrease (increase) in income tax receivable 2,587 970
Decrease (increase) in prepayments (1,683) (215)
Increase (decrease) in accounts payable 7,043 (11,008)
Increase (decrease) in accrued liabilities 1,570 5,259
Other changes, net (22) (347)
Net cash provided by (used in) operating activities 6,152 10,026
INVESTING ACTIVITIES:    
Property and equipment additions (4,812) (4,833)
Proceeds from property sales 2,860 519
Investments (4,700) 0
Insurance and state collateral (deposits) refunds 1,250 (60)
Net cash (used in) investing activities (5,402) (4,374)
FINANCING ACTIVITIES    
Dividend payments (1,856) (1,856)
Net cash (used in) financing activities (1,856) (1,856)
Increase (decrease) in cash and cash equivalents (1,106) 3,796
Cash and cash equivalents at beginning of period 91,877 80,184
Cash and cash equivalents at end of period $ 90,771 $ 83,980