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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 356,478 $ (38,586)
Adjustment for (income) loss from discontinued operations (870) 106
Income (loss) from continuing operations 355,608 (38,480)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 287,721 304,115
Asset impairment charges 12,097 4,363
Amortization of debt discount and debt issuance costs 931 880
Loss on extinguishment of debt 0 60,083
Provision for credit loss 2,165 1,022
Stock-based compensation 23,884 21,214
Gain on investment securities (6,123) (55,684)
Gain on reimbursement of drilling equipment (37,940) (21,597)
Other gain on sale of assets (394) (2,762)
Deferred income tax expense (benefit) 4,197 (36,614)
Other 3,956 (2,765)
Change in assets and liabilities:    
Accounts receivable 6,529 (173,625)
Inventories of materials and supplies (13,899) (2,482)
Prepaid expenses and other (27,589) 9,209
Other noncurrent assets (3,413) 1,829
Accounts payable 24,408 46,775
Accrued liabilities (15,366) 22,511
Deferred income tax liability (695) 454
Other noncurrent liabilities 2,980 (21,745)
Net cash provided by operating activities from continuing operations 619,057 116,701
Net cash used in operating activities from discontinued operations (57) (60)
Net cash provided by operating activities 619,000 116,641
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (281,790) (174,958)
Other capital expenditures related to assets held-for-sale 0 (18,228)
Purchase of short-term investments (102,140) (109,318)
Purchase of long-term investments (18,813) (47,210)
Proceeds from sale of short-term investments 148,651 161,766
Proceeds from sale of long-term investments 0 22,042
Proceeds from asset sales 63,048 50,260
Other 0 (7,500)
Net cash used in investing activities (191,044) (123,146)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (152,579) (80,702)
Payments for employee taxes on net settlement of equity awards (14,410) (5,515)
Payment of contingent consideration from acquisition of business (250) (250)
Payments for early extinguishment of long-term debt 0 (487,148)
Make-whole premium payment 0 (56,421)
Share repurchases (247,213) (76,999)
Other (540) (587)
Net cash used in financing activities (414,992) (707,622)
Net increase (decrease) in cash and cash equivalents and restricted cash 12,964 (714,127)
Cash and cash equivalents and restricted cash, beginning of period 269,009 936,716
Cash and cash equivalents and restricted cash, end of period 281,973 222,589
Cash paid/(received) during the period:    
Interest paid 8,958 10,889
Income tax paid 155,725 3,454
Income tax received (26,654) (62)
Payments for operating leases 9,049 9,255
Non-cash operating and investing activities:    
Change in accounts payable and accrued liabilities related to purchases of property, plant and equipment $ 2,031 $ (4,260)