XML 18 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 160,617 $ 44,398
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 392,398 352,957
Asset impairment 428 1,589
Accretion of discount on asset retirement obligations 4,704 4,330
Deferred income taxes 48,103 39,240
Change in derivative fair value 152,120 (47,030)
Gain on sale of assets (34,474) (3,972)
Stock-based compensation expense 13,839 11,101
Exploration, including dry holes 712 0
Other, net (3,086) (3,491)
Net change in:    
Accounts receivable (25,029) (55,897)
Inventories (15,475) (316)
Accounts payable 48,169 31,614
Accrued taxes/income tax receivable 21,021 24,888
Other current assets and liabilities (939) (16,634)
Net cash provided by operating activities 763,108 382,777
Investing Activities    
Additions to oil and natural gas properties (833,284) (720,243)
Acquisitions (81,135) (263,364)
Proceeds on the sale of assets, net 1,051 4,009
Net cash used in investing activities (913,368) (979,598)
Financing Activities    
Issuance of common stock, net 5,034 273
Taxes paid for shares withheld (8,156) (3,293)
Reduction of long-term debt 0 (24,000)
Net change in credit facility 170,000 238,000
Net cash provided by financing activities 166,878 210,980
Net change in cash and cash equivalents 16,618 (385,841)
Cash and cash equivalents at beginning of period 439 386,093
Cash and cash equivalents at end of period $ 17,057 $ 252