XML 137 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 178,755 $ (129,051) $ 406,926
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 261,377 313,387 309,075
Non-cash compensation expense 5,709 3,345 11,934
Asset retirement obligations 3,688 4,033 4,087
Coal inventory adjustment to market 70 3,245 4,895
Equity investment income (2,130) (907) (2,203)
Distributions from equity method investments 2,130 907 2,203
Income from equity securities paid-in-kind     (712)
Net loss (gain) on sale of property, plant and equipment (6,592) (5,850) 109
Asset impairment   24,977 15,190
Goodwill impairment 0 132,026 0
Acquisition gain, net     (177,043)
Cash received on redemption of equity securities in excess of investment     (11,482)
Valuation allowance of deferred tax assets (834) 1,151 (413)
Other 212 6,631 5,677
Changes in operating assets and liabilities:      
Trade receivables (24,952) 56,172 20,841
Other receivables 3,109 (3,225) 3,726
Inventories, net (4,673) 30,522 (35,082)
Prepaid expenses and other assets 211 (2,514) 6,136
Advance royalties (7,523) (7,690) (9,876)
Accounts payable 19,481 (24,282) (17,671)
Accrued taxes other than income taxes (7,267) 9,286 (994)
Accrued payroll and related benefits 8,281 (8,051) (6,538)
Pneumoconiosis benefits 6,832 2,340 (2,292)
Workers' compensation (1,292) 1,355 3,845
Other (9,390) (7,162) (15,443)
Total net adjustments 246,447 529,696 107,969
Net cash provided by operating activities 425,202 400,645 514,895
Property, plant and equipment:      
Capital expenditures (122,984) (121,101) (305,858)
Change in accounts payable and accrued liabilities 2,594 (8,773) (81)
Proceeds from sale of property, plant and equipment 7,719 3,762 1,266
Distributions received from investments in excess of cumulative earnings 943 988 2,501
Payments for acquisitions of businesses, net of cash acquired     (320,232)
Oil & gas reserve acquisition (30,960)    
Cash received from redemption of equity securities     134,288
Net cash used in investing activities (142,688) (125,124) (488,116)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under securitization facility 35,000 46,100 184,500
Payments under securitization facility (90,900) (64,000) (202,700)
Proceeds from equipment financings   14,705 63,086
Payments on equipment financings (17,299) (14,805) (2,607)
Borrowings under revolving credit facilities 15,000 70,000 400,000
Payments under revolving credit facilities (102,500) (237,500) (320,000)
Borrowings from line of credit 5,340    
Payment on line of credit (5,340)    
Payments on finance lease obligations (766) (8,368) (46,725)
Payment of debt issuance costs (113) (6,280)  
Payments for purchases of units under unit repurchase program     (22,892)
Payments for purchase of units and tax withholdings related to settlements under deferred compensation plans (1,090) (1,310) (7,817)
Cash settlement of grants under deferred compensation plan   (2,490)  
Distributions paid to Partners (52,158) (51,753) (278,425)
Other (859) (728) (867)
Net cash used in financing activities (215,685) (256,429) (234,447)
NET CHANGE IN CASH AND CASH EQUIVALENTS 66,829 19,092 (207,668)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 55,574 36,482 244,150
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 122,403 $ 55,574 $ 36,482