Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 47,129 $ (41,109)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, depletion and amortization 24,932 16,129
Write-down of oil and natural gas properties   34,776
Accretion expense 184 180
Amortization of non-cash debt related items 665 781
Deferred income tax expense 466  
Net (gain) loss on derivatives, net of settlements (17,794) 8,648
Non-cash expense related to equity share-based awards 930 516
Change in the fair value of liability share-based awards (291) 709
Payments to settle asset retirement obligations (765) (161)
Changes in current assets and liabilities:    
Accounts receivable (4,066) 5,941
Other current assets 576 580
Current liabilities 9,903 (717)
Change in other long-term liabilities   11
Change in other assets, net (523) (233)
Payments to settle vested liability share-based awards (8,662) (9,807)
Net cash provided by operating activities 52,684 16,244
Cash flows from investing activities:    
Capital expenditures (66,154) (50,775)
Acquisitions (648,485) (10,183)
Acquisition deposit 46,138  
Net cash used in investing activities (668,501) (60,958)
Cash flows from financing activities:    
Borrowings on senior secured revolving credit facility   45,000
Payments on senior secured revolving credit facility   (85,000)
Issuance of common stock   94,949
Payment of preferred stock dividends (1,824) (1,824)
Tax withholdings related to restricted stock units (79) (124)
Net cash provided by (used in) financing activities (1,903) 53,001
Net change in cash and cash equivalents (617,720) 8,287
Balance, beginning of period 652,993 1,224
Balance, end of period $ 35,273 $ 9,511