XML 17 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Successor    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 74,307  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Provision for doubtful accounts 0  
Depreciation, depletion and amortization 58,939  
Accretion of asset retirement obligations 4,848  
Impairment 2,977  
Reorganization items, net 0  
Debt issuance costs amortization 195  
Amortization of premiums and discounts on debt (153)  
Gain on extinguishment of debt 0  
Gain on debt derivatives 0  
Cash paid for early conversion of convertible notes 0  
(Gain) loss on derivative contracts (57,726)  
Cash received on settlement of derivative contracts 2,706  
Loss on settlement of contract 0  
Cash paid on settlement of contract 0  
Stock-based compensation 9,654  
Other 379  
Changes in operating assets and liabilities 7,806  
Net cash provided by (used in) operating activities 103,932  
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (88,904)  
Acquisition of assets (48,236)  
Proceeds from sale of assets 14,756  
Net cash used in investing activities (122,384)  
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings 0  
Repayments of borrowings 0  
Debt issuance costs (1,488)  
Purchase of treasury stock (2,891)  
Net cash (used in) provided by financing activities (4,379)  
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS and RESTRICTED CASH (22,831)  
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of year 174,071  
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period 151,240  
Supplemental Disclosure of Noncash Investing and Financing Activities    
Cumulative effect of adoption of ASU 2015-02 0  
Property, plant and equipment transferred in settlement of contract 0  
Change in accrued capital expenditures (8,340)  
Equity issued for debt $ (268,779)  
Predecessor    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss)   $ (829,137)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Provision for doubtful accounts   16,705
Depreciation, depletion and amortization   74,087
Accretion of asset retirement obligations   2,975
Impairment   363,743
Reorganization items, net   200,918
Debt issuance costs amortization   4,996
Amortization of premiums and discounts on debt   2,734
Gain on extinguishment of debt   (41,179)
Gain on debt derivatives   (1,324)
Cash paid for early conversion of convertible notes   (33,452)
(Gain) loss on derivative contracts   5,161
Cash received on settlement of derivative contracts   57,970
Loss on settlement of contract   90,184
Cash paid on settlement of contract   (11,000)
Stock-based compensation   7,850
Other   (3,252)
Changes in operating assets and liabilities   (47,020)
Net cash provided by (used in) operating activities   (139,041)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment   (126,245)
Acquisition of assets   (1,397)
Proceeds from sale of assets   16,734
Net cash used in investing activities   (110,908)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings   488,900
Repayments of borrowings   (40,000)
Debt issuance costs   (332)
Purchase of treasury stock   (41)
Net cash (used in) provided by financing activities   448,527
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS and RESTRICTED CASH   198,578
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of year   435,588
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period   634,166
Supplemental Disclosure of Noncash Investing and Financing Activities    
Cumulative effect of adoption of ASU 2015-02   (247,566)
Property, plant and equipment transferred in settlement of contract   (215,635)
Change in accrued capital expenditures   16,613
Equity issued for debt   $ (4,409)