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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 30,387 $ 79,780
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 175,481 162,644
Accretion expense 15,288 16,581
Deferred income tax provision 18,094 56,422
Settlement of asset retirement obligations (24,915) (37,335)
Non-cash stock compensation expense 5,358 4,866
Excess tax benefits   (104)
Non-cash derivative expense 2,697 311
Non-cash interest expense 8,229 8,181
Change in current income taxes (6) (16,399)
(Increase) decrease in accounts receivable (25,524) 1,138
Increase in other current assets (82) (245)
Decrease in inventory   158
Increase in accounts payable 1,843 6,593
Increase (decrease) in other current liabilities 50,785 (3,170)
Other (675) (3,448)
Net cash (used in) provided by operating activities 256,960 275,973
Cash flows from investing activities:    
Investment in oil and gas properties (517,904) (320,218)
Proceeds from sale of oil and gas properties, net of expenses 51,955  
Investment in fixed and other assets (3,896) (1,711)
Change in restricted funds (356) (3,515)
Net cash used in investing activities (470,201) (325,444)
Cash flows from financing activities:    
Net proceeds from issuance of common stock 226,036  
Deferred financing costs (3,167) (11)
Excess tax benefits   104
Net payments for share-based compensation (6,948) (3,590)
Net cash provided by (used in) financing activities 215,921 (3,497)
Effect of exchange rate changes on cash (18) (186)
Net change in cash and cash equivalents 2,662 (53,154)
Cash and cash equivalents, beginning of period 331,224 279,526
Cash and cash equivalents, end of period $ 333,886 $ 226,372