Unit corporation (UNT)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
OPERATING ACTIVITIES:
Net income (loss)

-553,828

-294,993

-66,081

-49,914

-39,767

126,293

108,875

109,784

117,848

30,376

2,649

-78,546

-135,624

-446,644

-627,903

-830,156

-1,037,361

-770,575

-497,772

-169,023

136,276

230,128

196,838

201,485

184,746

76,898

89,252

10,943

23,176

131,384

138,158

207,279

195,867

187,871

169,002

151,358

146,484

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, depletion, and amortization

275,573

263,261

256,584

248,665

243,605

236,688

227,684

219,391

209,257

201,461

196,897

199,695

208,353

231,440

264,634

304,742

352,742

388,215

408,651

418,046

402,888

385,729

365,351

345,183

333,907

327,261

315,250

317,130

319,021

312,877

314,116

297,921

280,451

264,118

244,295

223,388

205,124

0

0

0

Impairments (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

161,563

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs and debt discount (Note 8)

2,241

2,230

2,218

2,208

2,198

2,188

2,179

2,169

2,159

2,152

2,143

2,132

2,122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of oil and natural gas properties (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on derivatives (Note 14)

4,225

27,656

19,034

-3,354

-3,184

-31,895

-30,124

-6,761

14,732

2,980

12,563

-19,011

-22,813

8,654

9,935

30,688

26,345

52,298

63,889

55,099

30,147

-13,463

-50,275

-24,044

-7,771

51,689

64,645

50,510

50,610

-8,073

-1,594

494

159

3,445

730

-2,440

1,036

0

0

0

Derivative Instruments Not Designated Amount Paid (Received) During Period

-16,196

-7,066

8,561

18,074

22,803

17,138

7,186

741

-173

2,806

4,103

-1,359

-9,658

-26,194

-37,725

-42,743

-46,615

0

0

0

-

-

-

14,904

1,161

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposition of assets

-3,502

-1,295

-811

-1,072

704

-251

-423

-336

327

3,180

3,253

3,482

3,127

141

-7,243

-7,305

-7,229

0

0

0

-

-

23,298

26,586

17,076

6,714

2,413

-419

253

1,150

486

163

-595

-354

-573

4,082

9,687

0

0

0

Deferred tax benefit (Note 10)

-131,045

-76,326

-18,819

-14,916

-10,865

-67,387

-72,362

-68,012

-57,683

24,034

7,666

-41,555

-71,209

-242,271

-349,109

-471,407

-606,332

-447,737

-290,498

-99,514

77,285

110,968

94,915

104,236

100,732

42,419

49,938

5,077

15,530

82,004

92,088

133,242

125,551

128,719

121,284

105,931

100,672

0

0

0

Employee stock compensation plans

12,932

22,529

22,013

21,424

22,899

22,666

21,754

20,652

17,747

15,626

14,175

12,718

13,812

19,618

16,842

20,403

21,468

19,054

24,994

24,739

24,320

22,445

22,318

22,110

21,317

21,337

19,632

17,915

16,956

15,794

15,255

14,709

14,303

14,244

9,617

10,037

10,067

0

0

0

Contract assets and liabilities, net (Note 3)

2,600

3,229

3,882

4,478

4,970

3,671

2,371

1,192

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-1,766

-1,529

-1,151

-1,668

-2,032

-573

-834

554

865

1,585

2,983

4,142

6,037

6,406

6,216

4,160

1,517

2,254

64

-1,263

-1,068

-3,143

-2,321

-1,828

-2,250

-1,668

-1,568

-1,194

-781

-930

-700

-587

-294

-558

-426

-1,502

69

0

0

0

Changes in operating assets and liabilities increasing (decreasing) cash:
Accounts receivable

-33,323

-41,465

-20,837

-2,858

7,967

2,171

14,719

18,036

27,941

48,936

32,326

23,699

11,796

-22,087

-32,975

-63,519

-105,426

-71,002

-62,244

-46,285

60,800

46,625

29,182

44,513

-2,967

-11,366

682

-9,159

-13,994

8,097

25,649

36,875

38,731

49,220

52,585

50,377

58,965

0

0

0

Materials and supplies

-24

19

15

40

-32

-2,818

-2,790

-2,812

-2,835

-11

-33

-36

-225

-3,852

-4,114

-4,156

-1,507

1,734

2,222

2,566

-2,602

-1,554

-774

-986

2,435

179

983

1,418

361

2,055

1,559

1,495

1,886

1,528

-143

-379

-598

0

0

0

Accounts payable

-15,558

11,274

-1,958

17,881

28,013

-11,548

4,065

5,211

8,192

5,333

7,047

8,652

27,400

11,066

20,098

-6,162

-20,306

-1,425

-27

13,014

4,715

17,103

1,911

-19,047

15,715

22,260

40,993

55,254

10,187

17,622

-3,527

-6,847

-1,064

-31,428

-37,083

-25,831

-8,913

0

0

0

Accrued liabilities

3,142

-4,621

-8,282

-9,473

-5,465

2,958

7,812

3,921

6,996

1,819

-7,043

-5,258

-4,388

-8,484

-7,698

-5,923

-22,920

-30,256

-20,548

-16,258

-1,297

14,753

13,325

16,927

17,198

14,757

20,375

14,299

6,911

18,953

1,022

10,693

9,245

4,811

5,167

815

-3,555

0

0

0

Contract advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-527

-2,452

-968

3,660

-542

0

0

0

Other, net

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash provided by operating activities

269,396

330,715

320,608

346,257

352,747

326,778

312,673

288,004

270,088

227,160

224,469

235,069

240,130

263,224

322,054

357,348

446,944

540,948

641,071

745,842

708,993

722,897

681,971

618,131

674,331

679,732

693,767

722,624

690,911

702,744

663,977

635,197

608,455

524,027

471,815

431,610

390,072

0

0

0

INVESTING ACTIVITIES:
Capital expeditures

406,665

507,182

503,004

478,540

446,282

392,215

337,536

308,166

255,553

198,983

169,900

147,750

186,149

231,983

314,063

404,076

561,453

778,997

932,711

1,017,520

981,374

877,815

784,919

708,323

703,984

690,097

729,978

762,484

762,381

772,365

756,499

755,758

728,551

689,303

610,291

544,428

484,080

0

0

0

Producing property and other oil and natural gas acquisitions

3,653

32,546

32,321

31,550

29,970

3,366

6,032

50,518

58,026

55,993

53,520

8,072

564

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

598,485

599,809

42,415

46,007

50,013

50,112

7,990

95,987

92,229

0

0

0

Proceeds from disposition of property and equipment

31,864

11,100

9,722

7,016

25,910

26,892

25,685

27,681

21,713

48,080

47,752

52,559

74,823

48,896

53,351

47,849

11,854

26,694

30,502

31,834

66,197

80,335

144,906

156,202

120,910

75,158

292,365

279,829

281,824

299,131

15,012

13,322

10,328

13,492

7,667

22,192

40,048

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-919

-169

-169

-169

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in investing activities

-394,563

-528,628

-525,603

-503,074

-450,342

-368,689

-317,883

-332,503

-293,366

-207,646

-176,418

-102,513

-110,971

-183,097

-260,722

-356,237

-549,778

-758,026

-907,932

-991,106

-920,597

-793,283

-635,816

-548,227

-579,180

-613,103

-1,033,905

-1,081,094

-1,079,042

-1,073,043

-783,902

-788,443

-768,236

-726,247

-610,938

-618,547

-536,261

0

0

0

FINANCING ACTIVITIES:
Borrowings under line of credit

493,500

420,100

299,100

141,500

99,100

163,699

254,500

361,600

343,900

307,099

261,698

226,098

251,398

329,600

372,800

469,101

618,500

814,700

992,500

946,199

725,800

395,700

167,900

103,200

222,500

414,100

668,700

754,900

735,300

651,100

527,500

456,400

441,500

416,000

285,000

356,600

286,900

0

0

0

Payments under line of credit

368,800

281,900

188,100

249,200

277,100

325,800

419,400

363,900

326,700

360,000

332,800

336,300

371,600

376,300

417,300

446,200

503,500

583,800

712,000

708,900

559,800

364,900

237,900

173,200

293,600

414,100

681,600

750,700

714,200

706,500

444,600

575,600

554,500

495,600

415,000

201,600

153,900

0

0

0

Payments on finance leases

4,001

3,958

3,922

3,882

3,843

3,596

3,694

3,694

3,694

3,905

3,767

3,730

3,694

3,657

3,620

3,585

3,549

3,535

3,438

3,266

2,392

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,083

922

1,380

1,352

574

703

207

287

215

125

124

166

679

671

674

416

149

0

0

0

Tax expense from stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-376

-3,587

-3,587

-3,583

-3,207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Noncontrolling Interests

918

918

918

918

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank overdrafts (Note 3)

3,663

-22,035

-441

-20,053

-7,320

9,725

-11,404

28,284

-4,911

18,578

8,070

-10,893

-4,829

-26,164

-9,490

-16,969

-5,624

-12,063

-12,254

9,196

27,755

39,315

23,205

-1,365

-7,014

-66,735

-33,608

-32,454

-19,440

37,989

35,674

27,115

26,454

37,186

23,836

31,678

13,219

0

0

0

Net cash provided by financing activities

119,286

106,968

101,356

159,956

103,346

132,646

108,669

36,781

23,086

-19,605

-48,176

-124,825

-129,101

-80,108

-61,197

-1,236

102,620

217,077

266,622

245,076

194,060

69,540

-46,118

-70,005

-77,532

-65,911

340,094

358,428

388,270

370,162

119,787

153,205

159,257

202,247

138,585

187,134

146,408

0

0

0

Net increase (decrease) in cash and cash equivalents

-5,881

-90,945

-103,639

3,139

5,751

90,735

103,459

-7,718

-192

-91

-125

7,731

58

19

135

-125

-214

-1

-239

-188

-17,544

-846

37

-101

17,619

718

-44

-42

139

-137

-138

-41

-524

27

-538

197

219

0

0

0

Supplemental disclosure of cash flow information:
Interest paid (net of capitalization)

33,694

33,803

32,037

36,111

34,535

33,748

68,990

38,051

33,931

33,641

38,707

31,277

35,690

34,869

-4,806

37,409

30,910

27,651

23,283

16,829

13,620

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in accounts payable and accrued liabilities related to purchases of property, plant, and equipment

54,549

50,861

-20,632

-5,522

-18,119

-29,222

-15,550

-22,411

-20,574

-35,866

-18,339

-9,896

21,190

26,029

43,172

41,276

105,157

126,745

90,022

51,289

-31,968

-48,685

-64,412

-49,573

-6,550

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash reductions to oil and natural gas properties related to asset retirement obligations

-76

989

-2,282

-1,781

7,629

15,362

9,888

9,041

3,613

-1,729

3,592

3,392

30,897

26,559

28,622

28,024

5,694

5,731

28,213

28,804

37,689

42,051

45,329

45,012

17,952

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-