Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 144,166 $ 97,600
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 124,430 80,829
Accretion expense 626 523
Amortization of non-cash debt related items 1,749 1,695
Deferred income tax expense 2,463 1,026
Net (gain) loss on derivatives, net of settlements 29,696 (15,608)
(Gain) loss on sale of other property and equipment (80) 62
Non-cash expense related to equity share-based awards 4,466 7,014
Change in the fair value of liability share-based awards 1,428 2,423
Payments to settle asset retirement obligations (1,080) (1,831)
Changes in current assets and liabilities:    
Accounts receivable (54,384) (12,148)
Other current assets (1,665) (336)
Current liabilities 64,801 7,534
Other long-term liabilities 5,787 121
Long-term prepaid 0 (4,650)
Other assets, net (1,398) (1,376)
Payments to settle vested liability share-based awards (4,990) (13,173)
Net cash provided by operating activities 316,015 149,705
Cash flows from investing activities:    
Capital expenditures (455,352) (267,218)
Acquisitions (595,984) (714,504)
Acquisition deposit 0 46,138
Proceeds from sale of assets 8,326 0
Net cash used in investing activities (1,043,010) (935,584)
Cash flows from financing activities:    
Borrowings on senior secured revolving credit facility 270,000 0
Payments on senior secured revolving credit facility (230,000) 0
Issuance of common stock 288,364 0
Premium on the issuance of 6.125% senior unsecured notes due 2024 0 8,250
Payment of preferred stock dividends (5,471) (5,471)
Payment of deferred financing costs (9,960) (7,166)
Tax withholdings related to restricted stock units (1,804) (1,118)
Net cash provided by financing activities 711,129 194,495
Net change in cash and cash equivalents (15,866) (591,384)
Balance, beginning of period 27,995 652,993
Balance, end of period 12,129 61,609
6.125% senior unsecured notes due 2024    
Cash flows from financing activities:    
Issuance of senior unsecured notes 0 200,000
6.375% senior unsecured notes due 2026    
Cash flows from financing activities:    
Issuance of senior unsecured notes $ 400,000 $ 0