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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 44,641 $ 97,915
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 285,057 295,734
Long-lived asset impairment 51,860 26,039
Amortization of deferred financing costs 4,602 4,702
Income from discontinued operations, net of tax (37,743) (54,499)
Amortization of debt discount 871 12,099
Provision for doubtful accounts 3,240 1,691
Gain on sale of property, plant and equipment (2,227) (5,582)
Equity in income of non-consolidated affiliates (15,152) (14,553)
Amortization of terminated interest rate swaps 2,721 3,470
Interest rate swaps 269 258
(Gain) loss on remeasurement of intercompany balances 35,550 (116)
Stock-based compensation expense 14,131 15,289
Deferred income tax provision (38,091) (15,450)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable and notes 58,993 (43,328)
Inventory 23,457 (10,095)
Costs and estimated earnings versus billings on uncompleted contracts (34,393) (12,106)
Other current assets (9,583) (7,627)
Accounts payable and other liabilities (51,748) 10,818
Deferred revenue (9,494) (22,445)
Other (14,601) (6,046)
Net cash provided by continuing operations 312,360 276,168
Net cash provided by discontinued operations 3,441 3,954
Net cash provided by operating activities 315,801 280,122
Cash flows from investing activities:    
Capital expenditures (350,253) (385,739)
Proceeds from sale of property, plant and equipment 21,856 19,736
Payment for business acquisitions 0 (494,755)
Return of investments in non-consolidated affiliates 15,185 14,750
Proceeds received from settlement of note receivable 5,357 0
Increase in restricted cash (1) (245)
Cash invested in non-consolidated affiliates (33) (197)
Net cash used in continuing operations (307,889) (846,450)
Net cash provided by discontinued operations 33,119 49,835
Net cash used in investing activities (274,770) (796,615)
Cash flows from financing activities:    
Proceeds from borrowings of long-term debt 1,055,000 1,849,799
Repayments of long-term debt (1,006,500) (1,406,000)
Payments for debt issuance costs (3,208) (6,923)
Payments above face value for redemption of convertible debt 0 (15,007)
Payments for settlement of interest rate swaps that include financing elements (2,815) (2,844)
Net proceeds from the sale of Partnership units 1,164 169,471
Proceeds from stock options exercised 1,106 11,637
Proceeds from stock issued pursuant to our employee stock purchase plan 910 1,324
Purchases of treasury stock (3,771) (6,372)
Dividends to Exterran stockholders (31,167) (30,047)
Stock-based compensation excess tax benefit 3,048 8,269
Distributions to noncontrolling partners in the Partnership (61,045) (54,893)
Net cash provided by (used in) financing activities (47,278) 518,414
Effect of exchange rate changes on cash and cash equivalents (976) (3,797)
Net increase (decrease) in cash and cash equivalents (7,223) (1,876)
Cash and cash equivalents at beginning of period 39,739 35,665
Cash and cash equivalents at end of period 32,516 33,789
Supplemental disclosure of non-cash transactions:    
Treasury shares issued for redemption of convertible debt 0 219,211
Shares acquired from exercise of call options 0 (89,407)
Shares issued for exercise of warrants $ 88 $ 6,851