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Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income (loss)$ 29,908$ 19,157
Reconciliation of net income (loss) to cash provided by operating activities:  
Depreciation, depletion, amortization, and accretion78,021110,780
Impairments of long-lived assets12,53424,019
Provision (benefit) for deferred income taxes11,241(2,186)
Stock compensation expense4,4175,628
Provision (benefit) for doubtful accounts963(961)
(Gain) loss on sale of property, plant, and equipment(59,784)(294)
Non-cash income from sold hedge derivatives0(16,790)
Excess decommissioning/abandoning costs and other non-cash charges and credits34,72111,029
Proceeds from insurance settlements039,772
Changes in operating assets and liabilities:  
Accounts receivable(3,541)4,622
Inventories6,00610,294
Prepaid expenses and other current assets26,422(3,587)
Trade accounts payable and accrued expenses(29,695)(8,400)
Decommissioning liabilities(66,147)(74,998)
Operating activities of discontinued operations35(380)
Other3,2821,655
Net cash provided by operating activities48,383119,360
Investing activities:  
Purchases of property, plant, and equipment(99,857)(82,188)
Business combinations(1,500)0
Proceeds from sale of property, plant, and equipment187,8432,689
Change in restricted cash(21,932)(94)
Other investing activities(4,454)(750)
Net cash provided by (used in) investing activities60,100(80,343)
Financing activities:  
Proceeds from long-term debt035
Proceeds from exercise of stock options2,432781
Proceeds from issuance of Compressco Partners' common units, net of underwriters' discount50,2340
Compressco Partners' offering costs(2,038)0
Compressco Partners' distributions(125)0
Excess tax benefit from exercise of stock options1,268274
Net cash provided by financing activities51,7711,090
Effect of exchange rate changes on cash(726)653
Increase in cash and cash equivalents159,52840,760
Cash and cash equivalents at beginning of period65,36033,394
Cash and cash equivalents at end of period224,88874,154
Supplemental cash flow information:  
Interest paid9,07311,314
Income taxes paid (refunded)(13,887)26,883
Supplemental disclosure of non-cash investing and financing activities:  
Adjustment of fair value of decommissioning liabilities capitalized to oil and gas properties$ 1,790$ 27,063