v3.10.0.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (122,624) $ (90,008)
Adjustments to reconcile net income (loss):    
Depreciation and amortization 83,205 93,251
(Gain) loss on disposition of assets, net 126 368
Deferred tax expense (benefit) (546) (594)
Loss on impairment 43,990 0
Expenses not requiring cash 4,491 5,899
Change in assets and liabilities:    
Accounts and notes receivable (15,646) (14,908)
Other assets 7,678 (325)
Accounts payable and accrued liabilities (3,866) (18,520)
Accrued income taxes (324) 431
Net cash provided by (used in) operating activities (3,516) (24,406)
Cash flows from investing activities:    
Capital expenditures (52,020) (44,836)
Proceeds from the sale of assets 1,031 322
Net cash provided by (used in) investing activities (50,989) (44,514)
Cash flows from financing activities:    
Convertible preferred stock dividend (3,625) (1,239)
Payments of debt issuance costs (1,443) 0
Shares surrendered in lieu of tax (248) (829)
Proceeds from the issuance of common stock 0 25,200
Proceeds from the issuance of convertible preferred stock 0 50,000
Payment of equity issuance costs 0 (2,864)
Net cash provided by (used in) financing activities (5,316) 70,268
Net increase (decrease) in cash and cash equivalents (59,821) 1,348
Cash and cash equivalents at beginning of period 141,549 119,691
Cash and cash equivalents at end of period 81,728 121,039
Supplemental cash flow information:    
Interest paid 41,175 41,175
Income taxes paid $ 7,000 $ 7,223

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