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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows provided by (used in) operating activities:      
Net income $ 80,223 $ 159,435 $ 163,664
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 26,619 63,975 53,469
Accretion 114 128 233
Impairment   3,702 1,379
Deferred income tax expense   54,466 56,509
Equity-based compensation 3,059 8,473 7,071
Equity in earnings of unconsolidated affiliates (21,515) (46,056) (42,259)
Distributions from unconsolidated affiliates   60,505 58,185
Amortization of customer relationships 17,668 35,336 35,336
Amortization of deferred financing costs   2,828 2,733
Settlement of asset retirement obligations   (916) (602)
Loss on settlement of asset retirement obligations   539  
Loss (gain) on asset sale (135) (150) 3,628
Loss on early extinguishment of debt 20,701   20,701
Changes in assets and liabilities:      
Accounts receivable-Antero Resources   6,099 (16,274)
Accounts receivable-third party   517 777
Income tax receivable     16,311
Other current assets   158 1,070
Accounts payable-Antero Resources   (2,427) 376
Accounts payable-third party   9,480 5,365
Accrued liabilities   (1,911) (7,297)
Net cash provided by operating activities   354,181 360,375
Cash flows provided by (used in) investing activities:      
Investments in unconsolidated affiliates     (966)
Cash received in asset sale   147 1,627
Change in other liabilities   (805)  
Net cash used in investing activities   (162,692) (73,704)
Cash flows provided by (used in) financing activities:      
Dividends to stockholders   (217,445) (255,993)
Dividends to preferred stockholders   (275) (275)
Issuance of senior notes     750,000
Redemption of senior notes     (667,472)
Payments of deferred financing costs   (302) (8,755)
Borrowings (repayments) on bank credit facilities, net   33,300 (99,800)
Employee tax withholding for settlement of equity compensation awards   (6,767) (4,317)
Other     (21)
Net cash used in financing activities   (191,489) (286,633)
Net increase in cash and cash equivalents     38
Cash and cash equivalents, beginning of period     640
Cash and cash equivalents, end of period $ 678   678
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest   86,688 91,608
Cash received during the period for income taxes     16,913
Increase in accrued capital expenditures and accounts payable for property and equipment   2,822 25,490
Gathering systems and facilities      
Cash flows provided by (used in) investing activities:      
Additions   (131,665) (51,658)
Water handling systems      
Cash flows provided by (used in) investing activities:      
Additions   $ (30,369) $ (22,707)

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