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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Cash provided by operating activities $ 19,113 $ 21,963
Investing activities:    
Purchase of assets (18,000)  
Mining equipment (6,053) (8,250)
Other (589) 190
Cash used in investing activities (24,642) (8,060)
Financing activities:    
Bank borrowings 15,000  
Debt issuance cost (2,090)  
Dividends (1,194) (1,200)
Payments on bank debt (8,366) (14,375)
Cash provided by (used in) financing activities 3,350 (15,575)
Decrease in cash and cash equivalents (2,179) (1,672)
Cash and cash equivalents, beginning of period 15,930 13,469
Cash and cash equivalents, end of period $ 13,751 $ 11,797