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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net income (loss) $ 7,774 $ 49,410
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 53,354 20,886
Derivative contracts:    
Net (gains) losses 71,036 (28,077)
Cash settlements, net (19,977) (2,458)
Deferred income tax expense 163 0
(Gain) loss on sales of assets, net (79) 69
Non-cash interest expense 1,644 988
Share-based compensation (equity-classified) 2,451 1,694
Other, net 26 38
Changes in operating assets and liabilities, net 4,026 (6,533)
Net cash provided by operating activities 120,418 36,017
Cash flows from investing activities    
Acquisitions, net (86,835) 0
Capital expenditures (201,350) (43,583)
Proceeds from sales of assets, net 2,525 0
Net cash used in investing activities (285,660) (43,583)
Cash flows from financing activities    
Proceeds from credit facility borrowings 166,500 14,000
Repayment of credit facility borrowings 0 (2,000)
Debt issuance costs paid (754) (1,090)
Proceeds received from rights offering, net 0 55
Other, net 0 (55)
Net cash provided by financing activities 165,746 10,910
Net increase in cash and cash equivalents 504 3,344
Cash and cash equivalents – beginning of period 11,017 6,761
Cash and cash equivalents – end of period 11,521 10,105
Cash paid for:    
Interest, net of amounts capitalized 8,953 795
Reorganization items, net 442 901
Non-cash investing and financing activities:    
Changes in accounts receivable related to acquisitions (26,631) 0
Changes in other assets related to acquisitions (2,469) 0
Changes in accrued liabilities related to acquisitions (15,099) 0
Changes in accrued liabilities related to capital expenditures 12,231 2,322
Changes in other liabilities for asset retirement obligations related to acquisitions $ 382 $ 0