Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

v3.7.0.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (69,697) $ (135,657)
Adjustments to reconcile net income (loss)    
Depreciation and amortization 63,184 72,131
Accretion of contingent consideration 0 419
(Gain) loss on debt modification 0 1,088
Provision for reduction in carrying value of certain assets   1,088
(Gain) loss on disposition of assets 465 62
Deferred income tax expense (benefit) (934) 59,305
Expenses not requiring cash 4,948 (4,409)
Accounts and notes receivable (6,853) 22,319
Other assets (1,722) (2,992)
Accounts payable and accrued liabilities (8,235) (6,862)
Accrued income taxes 1,276 (3,985)
Net cash provided by (used in) operating activities (17,568) (198)
Cash flows from investing activities:    
Capital expenditures (26,559) (16,257)
Proceeds from the sale of assets 185 1,387
Net cash provided by (used in) investing activities (26,374) (14,870)
Cash flows from financing activities:    
Payment for remaining noncontrolling interest 0 (3,375)
Payments of contingent consideration 0 (6,000)
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 (2,864) 0
Preferred Stock, Dividends, Per Share, Cash Paid 1,239 0
Payments Related to Tax Withholding for Share-based Compensation (612) (817)
Excess tax (expense) from stock based compensation 0 (1,617)
Net cash provided by (used in) financing activities 70,485 (10,192)
Net increase (decrease) in cash and cash equivalents 26,543 (25,260)
Cash and cash equivalents, beginning of year 119,691 134,294
Cash and cash equivalents, end of period 146,234 109,034
Supplemental cash flow information:    
Interest paid 20,588 20,588
Income taxes paid $ 4,262 $ 9,672