XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash flows from operating activities          
Net income     $ 164,477 $ 1,463  
Adjustments to reconcile net income to net cash provided by operating activities:          
Deferred income taxes $ 610 $ 138 31,210 394  
Loss (gain) on extinguishment of debt     113 (10,000)  
Depreciation and amortization of property, plant and equipment     50,013 51,380  
Amortization of intangible and other assets     889 944  
Stock-based compensation     3,089 4,328  
Other     (2,484) 3,184  
Cash provided (used) by changes in assets and liabilities:          
Accounts receivable     (22,105) (22,130)  
Inventories     (13,147) 1,637  
Prepaid insurance     12,486 10,436  
Accounts payable     32,004 9,432  
Accrued interest     10,010 10,321  
Accrued payroll and benefits     (2,298) 9,938  
Other assets and other liabilities     (5,075) (5,856)  
Net cash provided by operating activities     259,182 65,471  
Cash flows from investing activities          
Expenditures for property, plant and equipment     (32,531) (26,101)  
Proceeds from short-term investments     59,728    
Purchases of short-term investments     (423,091)    
Other investing activities     2,946 382  
Net cash used by investing activities     (392,948) (25,719)  
Cash flows from financing activities          
Proceeds from revolving debt facility       12,000  
Payments on revolving debt facility       (12,000)  
Net proceeds from 6.25% senior secured notes     200,000    
Payments on other long-term debt     (10,950) (7,726)  
Payments on short-term financing     (11,291) (12,493)  
Payments of debt-related costs, including extinguishment costs     (4,455) (611)  
Payments of costs to exchange redeemable preferred stocks for common stock       (2,076)  
Acquisition of treasury stock     (101,912)    
Other financing activities     (135) (255)  
Net cash provided (used) by financing activities     71,257 (23,161)  
Net increase (decrease) in cash and cash equivalents     (62,509) 16,591  
Cash and cash equivalents at beginning of period     82,144 16,264 $ 16,264
Cash and cash equivalents at end of period $ 19,635 $ 32,855 $ 19,635 $ 32,855 $ 82,144