XML 21 R5.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities:    
Net income $ 7,621 $ 33,076
Deferred income taxes (2,287) (16,446)
Equity (income) loss 187 (365)
Cash distributions   175
DD&A 44,167 38,495
Loss on sale of assets 561 45
Unrealized loss on marketable securities 226  
Change in fair value of interest rate swaps 2,182 (723)
Amortization and write off of deferred financing costs 2,024 1,829
Amortization of purchased coal contracts   8,922
Accretion of ARO 1,167 861
Stock-based compensation 3,170 7,266
Allowance for parts and supplies inventory obsolescence 800  
Change in current assets and liabilities:    
Accounts receivable (1,666) 5,533
Inventory (7,703) (2,704)
Parts and supplies (402) 48
Prepaid income taxes 293 (3,226)
Prepaid expenses (4,853) (4,823)
Accounts payable and accrued liabilities 5,701 (815)
Other 382 (1,377)
Cash provided by operating activities 51,570 65,771
Investing activities:    
Capital expenditures (35,091) (28,622)
Proceeds from sale of equipment 77 506
Proceeds from maturities of certificates of deposit 1,007 5,820
Proceeds from sale of business 8,000  
Cash used in investing activities (26,007) (22,296)
Financing activities:    
Payments of bank debt (38,793) (36,625)
Bank borrowings 19,000  
Deferred financing costs (730)  
Proceeds from Bulldog property   4,940
Proceeds from noncontrolling interests (Note 15) 4,000  
Taxes paid on vesting of RSUs (298) (3,209)
Dividends (4,942) (4,892)
Cash used in financing activities (21,763) (39,786)
Increase in cash ,cash equivalents, and restricted cash 3,800 3,689
Cash, cash equivalents, and restricted cash beginning of year 16,294 12,605
Cash, cash equivalents, and restricted cash end of year 20,094 16,294
Cash, cash equivalents, and restricted cash consists of the following:    
Cash, cash equivalents, and restricted cash, Total 16,294 12,605
Supplemental cash flow information:    
Cash paid for interest 11,433 11,663
Cash paid for income taxes, net   1,562
Cash received for income taxes, net (2,081)  
Capital expenditures included in accounts payable and prepaid expense   $ 7,615
Capital expenditures included in accounts payable, net $ (4,837)