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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ (56,672) $ 2,023 $ (127,504)
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:      
Net change in fair value of unsettled commodity derivatives 145,246 (260,775) 17,260
Depreciation, depletion and amortization 644,152 559,793 469,084
Impairment of properties and equipment 38,536 458,397 285,887
Impairment of goodwill 0 0 75,121
Exploratory dry hole costs 0 113 41,297
Provision for uncollectible notes receivable 0 0 40,203
Loss on extinguishment of debt 0 0 24,747
Accretion of asset retirement obligations 6,117 5,075 6,306
Non-cash stock-based compensation 23,837 21,782 19,353
(Gain) loss on sale of properties and equipment 9,734 394 (766)
Amortization of debt discount and issuance costs 13,575 12,769 12,907
Deferred income taxes (2,256) 6,105 (203,685)
Other 3,155 2,763 2,265
Total adjustments to net income (loss) to reconcile to net cash from operating activities: 882,096 806,416 709,573
Changes in current assets and liabilities:      
Accounts receivable (88,304) 12,025 (60,546)
Other assets (11,560) (81) 3,364
Production tax liability 22,240 35,225 31,316
Accounts payable and accrued expenses (29,578) 16,261 31,378
Funds held for future distribution (7,298) 9,973 24,472
Asset retirement obligations (21,511) (13,341) (10,176)
Other liabilities 168,813 20,801 (4,064)
Total changes in assets and liabilities 32,802 80,863 15,744
Net cash from operating activities 858,226 889,302 597,813
Cash flows from investing activities:      
Capital expenditures for development of crude oil and natural gas properties (855,908) (946,350) (737,208)
Capital expenditures for other properties and equipment (20,839) (11,055) (5,094)
Acquisition of crude oil and natural gas properties (13,207) (180,026) (15,628)
Proceeds from sale of properties and equipment 2,105 3,562 9,991
Proceeds from divestitures 202,076 44,693 0
Sale of promissory note 0 0 40,203
Restricted cash 8,001 1,249 (9,250)
Sale of short-term investments 0 0 49,890
Purchase of short-term investments 0 0 (49,890)
Net cash from investing activities (677,772) (1,087,927) (716,986)
Proceeds from revolving credit facility 1,577,000 1,072,500 0
Repayment of revolving credit facility (1,605,500) (1,040,000) 0
Proceeds from issuance of senior notes 0 0 592,366
Redemption of senior notes 0 0 (519,375)
Redemption of convertible notes     (519,375)
Payment of debt issuance costs (72) (7,704) (50)
Purchase of treasury shares (4,003) (5,147) (6,672)
Finance Lease, Principal Payments (1,952) (1,495) (1,168)
Stock Repurchased and Retired During Period, Value (154,363) 0 0
Other 0 (55) (103)
Net cash from financing activities (188,890) 18,099 64,998
Net change in cash, cash equivalents and restricted cash (8,436) (180,526) (54,175)
Cash, cash equivalents and restricted cash, beginning of year 9,399 189,925 244,100
Cash, cash equivalents and restricted cash, end of year $ 963 $ 9,399 $ 189,925