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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 02, 2021
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2020
Cash flows from operating activities:        
Net income (loss) $ 268,777 $ (162,178) $ 286,465 $ (396,230)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depreciation, depletion, amortization and accretion 10,499 251,361 98,060 146,793
Right-of-use assets amortization 1,372 8,380 6,357 20,224
Deferred income taxes 54,322 (48,975) (104,587) 2,041
Stock-based compensation expense 935 2,710 4,807 2,628
Reorganization items, net (354,279) 0 0 18,087
Bad debt (210) (4,908) 2,248 12,473
Gain on sale of assets and businesses 58 0 0 0
Gain on sale of equity securities 0 (383) (8,950) 0
Unrealized gain on investment in equity securities 0 (2,147) 0 0
Other (gains) and losses, net 0 30,707 (32,872) 141,110
Other reconciling items, net (355) 6,687 (3,822) (8,309)
Changes in operating assets and liabilities:        
Accounts receivable 3,602 (28,676) (65,669) 111,948
Prepaid expense (340) 4,854 (1,096) 0
Inventory and other current assets (221) 22,866 (4,568) 27,933
Accounts payable (2,365) 735 (10,149) (35,170)
Accrued expenses 23,489 (21,770) 8,503 (18,154)
Income taxes 340 11,535 771 0
Other, net (241) (11,914) (82) (23,157)
Net cash from operating activities 5,383 58,884 175,416 2,217
Cash flows from investing activities:        
Payments for capital expenditures (3,035) (34,152) (65,784) (47,653)
Proceeds from sales of assets 775 97,505 50,376 50,039
Proceeds from sales of equity securities 0 4,099 34,685 0
Net cash from investing activities (2,260) 67,452 19,277 2,386
Cash flows from financing activities:        
Credit facility costs (1,920) (14) 0 (1,554)
Tax withholdings for vested restricted stock units 0 (1,485) (135) (208)
Distributions to shareholders 0 0 (249,986) 0
Other 0 0 0 (12,432)
Net cash from financing activities (1,920) (1,499) (250,121) (14,194)
Effect of exchange rate changes on cash 311 0 0 2,387
Net change in cash, cash equivalents, and restricted cash 1,514 124,837 (55,428) (7,204)
Cash, cash equivalents, and restricted cash beginning of period 268,184 269,698 394,535 275,388
Cash, cash equivalents, and restricted cash at end of period $ 269,698 $ 394,535 $ 339,107 $ 268,184