Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ (39,809) $ (95,835)
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 32,202 35,814
Accretion of contingent consideration 0 419
Provision for reduction in carrying value of certain assets 0  
(Gain) loss on disposition of assets 352 60
Deferred income tax expense (benefit) (642) 63,411
Expenses not requiring cash 2,150 (109)
Accounts and notes receivable (4,874) (381)
Other assets (2,692) (304)
Accounts payable and accrued liabilities (15,937) (14,437)
Accrued income taxes 1,665 (3,600)
Net cash provided by (used in) operating activities (27,585) (15,715)
Cash flows from investing activities:    
Capital expenditures (14,451) (7,889)
Proceeds from the sale of assets 46 54
Net cash provided by (used in) investing activities (14,405) (7,835)
Cash flows from financing activities:    
Payments of contingent consideration 0 (2,000)
Proceeds from Issuance of Common Stock 25,200 0
Proceeds from Issuance of Preferred Stock and Preference Stock 50,000 0
Payments of Stock Issuance Costs (2,861) 0
Payments Related to Tax Withholding for Share-based Compensation (352) (317)
Excess tax (expense) from stock based compensation 0 (753)
Net cash provided by (used in) financing activities 71,987 (2,317)
Net increase (decrease) in cash and cash equivalents 29,997 (25,867)
Cash and cash equivalents, beginning of year 119,691 134,294
Cash and cash equivalents, end of period 149,688 108,427
Supplemental cash flow information:    
Interest paid 20,588 20,588
Income taxes paid $ 1,551 $ 4,734