| Schedule of Cumulative Translation Adjustments |
The following table presents the balances of the Company’s cumulative translation adjustments included in accumulated other comprehensive loss, exclusive of taxes:
|
|
|
|
|
|
|
(In thousands) |
|
|
| December 31, 2019 |
$ |
(45,484) |
|
| December 31, 2020 |
$ |
(41,651) |
|
| December 31, 2021 |
$ |
— |
|
|
| Schedule of Cash Flow, Supplemental Disclosures |
Supplemental cash flow and non-cash information (in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
Period from May 18, 2021 through December 31, 2021 |
|
|
Period from January 1, 2021 through May 17, 2021 |
|
Year Ended December 31, 2020 |
|
Year Ended December 31, 2019 |
| Supplemental disclosure of cash flow information: |
|
|
|
|
|
|
|
|
| Cash paid for reorganization items, net |
$ |
85,706 |
|
|
|
$ |
87,199 |
|
|
$ |
24,553 |
|
|
$ |
— |
|
| Interest payments |
33,295 |
|
|
|
7,272 |
|
|
84,823 |
|
|
142,664 |
|
| Income Tax Receipts |
(9,381) |
|
|
|
— |
|
|
— |
|
|
(1,794) |
|
| Changes in operating assets and liabilities: |
|
|
|
|
|
|
|
|
| (Increase) decrease in accounts receivable - oil and natural gas sales |
(52,143) |
|
|
|
(60,832) |
|
|
1,331 |
|
|
88,990 |
|
| (Increase) decrease in accounts receivable - joint interest and other |
(5,178) |
|
|
|
(3,005) |
|
|
36,055 |
|
|
(25,478) |
|
| (Decrease) increase in accounts payable and accrued liabilities |
(72,912) |
|
|
|
79,193 |
|
|
126,434 |
|
|
(19,821) |
|
| Decrease (increase) in prepaid expenses |
13,559 |
|
|
|
135,471 |
|
|
(154,948) |
|
|
5,586 |
|
| Decrease (increase) in other assets |
3,630 |
|
|
|
3,067 |
|
|
(2,087) |
|
|
915 |
|
|
|
|
|
|
|
|
|
|
| Total changes in operating assets and liabilities |
$ |
(113,044) |
|
|
|
$ |
153,894 |
|
|
$ |
6,785 |
|
|
$ |
50,192 |
|
| Supplemental disclosure of non-cash transactions: |
|
|
|
|
|
|
|
|
| Capitalized stock-based compensation |
$ |
1,101 |
|
|
|
$ |
930 |
|
|
$ |
2,860 |
|
|
$ |
5,766 |
|
| Asset retirement obligation capitalized |
7,964 |
|
|
|
546 |
|
|
2,358 |
|
|
6,883 |
|
| Asset retirement obligation removed due to divestiture |
— |
|
|
|
— |
|
|
(2,213) |
|
|
(30,146) |
|
| Interest capitalized |
198 |
|
|
|
— |
|
|
907 |
|
|
3,372 |
|
| Pre-petition revolver principal transfer to DIP credit facility |
— |
|
|
|
— |
|
|
157,500 |
|
|
— |
|
| Fair value of contingent consideration asset on date of divestiture |
— |
|
|
|
— |
|
|
23,090 |
|
|
(1,137) |
|
| Release of New Common Stock Held in Reserve |
23,893 |
|
|
|
— |
|
|
— |
|
|
— |
|
| Foreign currency translation gain on equity method investments |
— |
|
|
|
2,570 |
|
|
3,833 |
|
|
9,193 |
|
|
| Schedule of Accounts Payable and Accrued Liabilities |
Accounts payable and accrued liabilities consisted of the following at December 31, 2021 and December 31, 2020 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
December 31, 2021 |
|
|
December 31, 2020 |
| Accounts payable and other accrued liabilities |
$ |
143,938 |
|
|
|
$ |
120,275 |
|
| Revenue payable and suspense |
180,857 |
|
|
|
124,628 |
|
| Accrued contract rejection damages and shares held in reserve |
69,216 |
|
|
|
— |
|
| Total accounts payable and accrued liabilities |
$ |
394,011 |
|
|
|
$ |
244,903 |
|
|