v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (172,401) $ 16,199
Adjustments to reconcile net income to cash and restricted cash provided by operating activities:    
Depreciation, depletion and amortization 86,029 96,612
Amortization of right of use asset - operating leases 12,564 11,447
Amortization of deferred financing costs 1,363 1,982
Loss on debt extinguishment 1,050 0
Non-cash interest expense 18,162 16,790
Amortization of contract obligations (12,774) (15,064)
(Gain) loss on disposal of property, plant and equipment (670) 165
Loss on disposal of idled asset 2,239 0
Gain on operating lease derecognition 0 (820)
Equity-based compensation expense (185) (777)
Deferred income taxes (25,339) (1,083)
Reclamation of asset retirement obligations (2,742) (3,059)
Increase (decrease) in provision for discounting and credit losses 813 (200)
Other non-cash adjustments (105) (6,960)
Changes in operating assets and liabilities:    
Accounts receivable 66,266 (26,392)
Inventories (18,423) (9,379)
Other assets (9,050) 2,927
Contract obligations 96,972 0
Accounts payable (3,766) (13,088)
Accrued expenses and other current liabilities 7,678 (71,247)
Operating lease liabilities (11,532) (11,105)
Income tax payable (839) 19,167
Change in other liabilities 4,778 4,980
Net cash from operating activities 40,088 11,095
Cash flows from investing activities:    
Capital expenditures (147,401) (123,477)
Proceeds from disposal of idle asset 1,464 0
Purchase of restricted and other deposits (54,804) (1,713)
Redemption of restricted and other deposits 23,741 2,361
Net cash used in investing activities (177,000) (122,829)
Cash flows from financing activities:    
Proceeds from interest bearing liabilities and other financial liabilities 75,000 49,860
Debt issuance costs and other financing costs (4,098) (2,261)
Principal payments on interest bearing liabilities and other financial liabilities (2,816) (1,596)
Principal payments on finance lease obligations (872) (68)
Dividends paid (8,333) (8,334)
Net cash from financing activities 58,881 37,601
Net decrease in cash and cash equivalents (78,031) (74,133)
Effect of exchange rate changes on cash and cash equivalents 242 (471)
Cash and cash equivalents at beginning of period 339,625 339,295
Cash and cash equivalents at end of period 261,836 264,691
Supplemental disclosure of cash flow information:    
Cash payments for interest 22,890 15,271
Cash refund for taxes (1,620) (16,026)
Restricted cash $ 252 $ 251