XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net (loss) income $ (30,598,000) $ 239,661,000
Adjustments to reconcile net (loss) income to net cash provided from operating activities:    
Deferred income tax expense 14,158,000 170,046,000
Depletion, depreciation and amortization and impairment 345,906,000 302,325,000
Exploration dry hole costs 2,000 161,000
Abandonment and impairment of unproved properties 66,695,000 9,613,000
Derivative fair value loss (income) 117,299,000 (276,752,000)
Cash settlements on derivative financial instruments (5,350,000) (794,000)
Allowance for bad debts (1,500,000) 300,000
Amortization of deferred financing costs and other 2,376,000 2,557,000
Deferred and stock-based compensation 34,167,000 1,952,000
Gain on the sale of assets (179,000) (23,407,000)
Changes in working capital:    
Accounts receivable (14,425,000) (13,610,000)
Inventory and other 796,000 3,716,000
Accounts payable 14,615,000 18,426,000
Accrued liabilities and other 1,553,000 (22,866,000)
Net cash provided from operating activities 545,515,000 411,328,000
Investing activities:    
Additions to natural gas and oil properties (584,432,000) (469,644,000)
Additions to field service assets (1,863,000) (2,966,000)
Acreage purchases (37,900,000) (37,987,000)
Proceeds from disposal of assets 366,000 27,288,000
Purchases of marketable securities held by the deferred compensation plan (27,271,000) (19,665,000)
Proceeds from the sales of marketable securities held by the deferred compensation plan 25,459,000 21,356,000
Net cash used in investing activities (625,641,000) (481,618,000)
Financing activities:    
Borrowings on credit facilities 1,114,000,000 946,000,000
Repayments on credit facilities (1,011,000,000) (874,000,000)
Repayment of senior notes 0 (500,000)
Dividends paid (9,960,000) (9,914,000)
Debt issuance costs (8,257,000) 0
Taxes paid for shares withheld (3,021,000) (6,077,000)
Change in cash overdrafts (7,318,000) 10,839,000
Proceeds from the sales of common stock held by the deferred compensation plan 5,649,000 4,148,000
Net cash provided from financing activities 80,093,000 70,496,000
(Decrease) increase in cash and cash equivalents (33,000) 206,000
Cash and cash equivalents at beginning of period 448,000 314,000
Cash and cash equivalents at end of period $ 415,000 $ 520,000