v3.8.0.1
Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Jun. 30, 2015
USD ($)
Predecessor  
Cash Flows From Operating Activities  
Net (loss) income $ (2,433,838)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:  
Depreciation, depletion and amortization 705,521
Impairment of oil and natural gas properties 2,421,884
Goodwill impairment 329,293
Deferred income tax benefit (614,383)
Change in fair value of derivative financial instruments (52,036)
Accretion of asset retirement obligations 50,081
Loss from equity method investees 17,165
Amortization and write-off of debt issuance costs, payment of interest in kind and other 23,247
Stock-based compensation 4,124
Changes in operating assets and liabilities  
Accounts receivable 51,284
Prepaid expenses and other assets 48,062
Settlement of asset retirement obligations (106,573)
Accounts payable and accrued liabilities (113,078)
Net Cash Provided by (Used in) Operating Activities 330,753
Cash Flows from Investing Activities  
Acquisitions, net of cash (301)
Capital expenditures (723,829)
Insurance payments received 3,920
Change in equity method investments 12,642
Change in restricted cash (14,676)
Proceeds from the sale of properties 261,931
Other (135)
Net Cash (Used in) Provided by Investing Activities (460,448)
Cash Flows from Financing Activities  
Proceeds from the issuance of common and preferred stock, net of offering costs 2,336
Dividends to shareholders - common (24,436)
Dividends to shareholders - preferred (11,468)
Cash restricted under revolving credit facility related to property sold (21,000)
Proceeds from long-term debt 2,586,572
Payments on long-term debt (1,747,849)
Debt issuance costs (43,352)
Other (66)
Net Cash (Used in) Provided by Financing Activities 740,737
Net (Decrease) Increase in Cash and Cash Equivalents 611,042
Cash and Cash Equivalents, beginning of period 145,806
Cash and Cash Equivalents, end of period $ 756,848

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