Annual report pursuant to Section 13 and 15(d)

Condensed Consolidating Statement of Cash Flows (Detail)

v2.4.0.8
Condensed Consolidating Statement of Cash Flows (Detail) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities:      
Net income $ 51,322 $ 71,984 $ 172,817
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, amortization and accretion 451,529 356,232 328,786
Amortization of debt issuance costs and premium 1,645 2,575 2,010
Loss on extinguishment of debt 128   22,694
Share-based compensation 11,525 12,398 9,710
Derivative (gain) loss 8,470 13,954 (1,896)
Cash payments on derivative settlements (realized) (8,589) (7,664) (9,873)
Deferred income taxes 30,920 88,109 61,835
Changes in operating assets and liabilities:      
Oil and natural gas receivables 980 818 (18,639)
Joint interest and other receivables 28,566 (31,399) 375
Insurance proceeds 5,691 2,576 20,771
Income taxes 44,328 (58,011) (7,124)
Prepaid expenses and other assets (10,044) 7,440 (7,809)
Asset retirement obligations settlements (81,543) (112,827) (59,958)
Accounts payable and accrued liabilities 28,132 38,026 7,881
Other (1,702) 926 (102)
Net cash provided by operating activities 561,358 385,137 521,478
Investing activities:      
Acquisition of property interest in oil and natural gas properties (82,424) (205,550) (437,247)
Investment in oil and natural gas properties and equipment (551,954) (479,313) (281,779)
Proceeds from sales of assets and other, net 21,008 30,453 15
Purchases of furniture, fixtures and other, net (1,435) (3,031) (3,660)
Net cash used in investing activities (614,805) (657,441) (722,671)
Financing activities:      
Borrowings of long-term debt - revolving bank credit facility 563,000 732,000 623,000
Repayments of long-term debt - revolving bank credit facility (443,000) (679,000) (506,000)
Repurchase premium and debt issuance costs (3,892) (8,510) (32,288)
Dividends to shareholders (58,846) (82,832) (58,756)
Other (260) 379 1,094
Net cash provided by financing activities 57,002 280,037 177,050
Issuance of 8.50% Senior Notes   318,000 600,000
Repurchase of 8.25% Senior Notes     (450,000)
Increase (decrease) in cash and cash equivalents 3,555 7,733 (24,143)
Cash and cash equivalents, beginning of period 12,245 4,512 28,655
Cash and cash equivalents, end of period 15,800 12,245 4,512
Parent Company
      
Operating activities:      
Net income 51,322 71,984 172,817
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, amortization and accretion 342,946 271,270 241,687
Amortization of debt issuance costs and premium 1,645 2,575 2,010
Loss on extinguishment of debt 128   22,694
Share-based compensation 11,525 12,398 9,710
Derivative (gain) loss 8,470 13,954 (1,896)
Cash payments on derivative settlements (realized) (8,589) (7,664) (9,873)
Deferred income taxes 11,522 83,981 76,717
Earnings of affiliates (45,209) (66,195) (92,533)
Changes in operating assets and liabilities:      
Oil and natural gas receivables 5,242 (2,597) (27,709)
Joint interest and other receivables 28,566 (31,399) 375
Insurance proceeds 5,691 2,576 20,771
Income taxes 39,188 (89,568) (71,655)
Prepaid expenses and other assets (5,606) 7,442 (8,003)
Asset retirement obligations settlements (79,950) (112,199) (59,958)
Accounts payable and accrued liabilities 27,415 40,530 8,589
Other 32,418 119,244 227,918
Net cash provided by operating activities 426,724 316,332 511,661
Investing activities:      
Acquisition of property interest in oil and natural gas properties (82,424) (205,550) (437,247)
Investment in oil and natural gas properties and equipment (331,303) (410,508) (277,147)
Investment in subsidiary (86,017)   5,185
Proceeds from sales of assets and other, net 21,008 30,453 15
Purchases of furniture, fixtures and other, net (1,435) (3,031) (3,660)
Net cash used in investing activities (480,171) (588,636) (712,854)
Financing activities:      
Borrowings of long-term debt - revolving bank credit facility 563,000 732,000 623,000
Repayments of long-term debt - revolving bank credit facility (443,000) (679,000) (506,000)
Repurchase premium and debt issuance costs (3,892) (8,510) (32,288)
Dividends to shareholders (58,846) (82,832) (58,756)
Other (260) 379 1,094
Net cash provided by financing activities 57,002 280,037 177,050
Issuance of 8.50% Senior Notes   318,000 600,000
Repurchase of 8.25% Senior Notes     (450,000)
Increase (decrease) in cash and cash equivalents 3,555 7,733 (24,143)
Cash and cash equivalents, beginning of period 12,245 4,512 28,655
Cash and cash equivalents, end of period 15,800 12,245 4,512
Guarantor Subsidiaries
      
Operating activities:      
Net income 45,209 66,195 92,533
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, amortization and accretion 108,583 84,962 87,099
Deferred income taxes 19,398 4,128 (14,882)
Changes in operating assets and liabilities:      
Oil and natural gas receivables (4,262) 3,415 9,070
Income taxes 5,140 31,557 64,531
Prepaid expenses and other assets (38,558) (118,320) (228,020)
Asset retirement obligations settlements (1,593) (628)  
Accounts payable and accrued liabilities 717 (2,504) (514)
Net cash provided by operating activities 134,634 68,805 9,817
Investing activities:      
Investment in oil and natural gas properties and equipment (220,651) (68,805) (4,632)
Net cash used in investing activities (220,651) (68,805) (4,632)
Financing activities:      
Investment from parent 86,017   (5,185)
Net cash provided by financing activities 86,017   (5,185)
Eliminations
      
Operating activities:      
Net income (45,209) (66,195) (92,533)
Adjustments to reconcile net income to net cash provided by operating activities:      
Earnings of affiliates 45,209 66,195 92,533
Changes in operating assets and liabilities:      
Prepaid expenses and other assets 34,120 118,318 228,214
Accounts payable and accrued liabilities     (194)
Other (34,120) (118,318) (228,020)
Investing activities:      
Investment in subsidiary 86,017   (5,185)
Net cash used in investing activities 86,017   (5,185)
Financing activities:      
Investment from parent (86,017)   5,185
Net cash provided by financing activities (86,017)   5,185
Cash and cash equivalents, beginning of period        
Cash and cash equivalents, end of period