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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income (loss) $ (321,421) $ 5,910 $ (318,634)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion, amortization and impairment 916,318 783,341 668,434
Impairment of goodwill 211,129    
Dry holes and abandonments 915 1,929 58
Deferred income tax benefit (41,185) (330,346) (152,160)
Stock-based compensation expense 37,925 44,483 28,324
Net gain on asset disposals (28,958) (33,510) (14,771)
Tax expense related to stock-based compensation     (4,868)
Amortization of debt discount and issuance costs 830 346 2,270
Changes in operating assets and liabilities:      
Accounts receivable 23,515 (239,482) 72,327
Income taxes receivable/payable (1,555) 990 30,379
Inventory and other assets (1,470) (23,449) 5,664
Accounts payable (69,453) 104,072 12,024
Accrued expenses 4,136 (14,190) (24,573)
Other liabilities (56) 617 560
Net cash provided by operating activities 730,670 300,711 305,034
Cash flows from investing activities:      
Acquisitions, net of cash acquired (14,211) (501,954) 155
Purchases of property and equipment (641,458) (567,087) (119,799)
Proceeds from disposal of assets 47,357 60,945 21,889
Collection of note receivable 23,760    
Other investments   (2,520)  
Net cash used in investing activities (584,552) (1,010,616) (97,755)
Cash flows from financing activities:      
Proceeds from equity offering   471,570  
Purchases of treasury stock (161,737) (6,809) (3,610)
Dividends paid (30,589) (16,315) (23,579)
Proceeds from long-term debt 521,194    
Repayment of long-term debt     (255,000)
Proceeds from borrowings under revolving credit facility 79,000 599,000 200,500
Repayment of borrowings under revolving credit facility (347,000) (331,000) (200,500)
Debt issuance costs (4,489)   (3,357)
Proceeds from exercise of stock options 485 123 268
Net cash provided by (used in) financing activities 56,864 716,569 (285,278)
Effect of foreign exchange rate changes on cash (781) 1,012 (195)
Net increase (decrease) in cash and cash equivalents 202,201 7,676 (78,194)
Cash and cash equivalents at beginning of year 42,828 35,152 113,346
Cash and cash equivalents at end of year 245,029 42,828 35,152
Net cash (paid) received during the year for:      
Interest, net of capitalized interest of $1,435 in 2018, $1,175 in 2017 and $398 in 2016 (41,184) (34,953) (36,551)
Income taxes 3,172 3,947 52,716
Non-cash investing and financing activities:      
Receivable from property and equipment insurance 15,000    
Net increase in payables for purchases of property and equipment 36,241 17,228 28,926
Issuance of common stock for business acquisitions 2,932 1,226,890 6,733
Net decrease (increase) in deposits on equipment purchases $ 4,311 $ (301) $ 6,317