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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income (loss) $ 8,854 $ 41,600
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 48,039 52,246
Amortization of operating lease right-of-use assets 15,447 11,384
Accretion Expense 738 707
Amortization of debt issuance costs 620 712
Deferred income taxes (5,552) (20)
Share of net earnings in equity method investee (1,510) (1,614)
Distributions from equity method investee 2,700 0
Long-term incentive compensation expense 270 0
Early extinguishment of lease liability on vessel acquisition 21,834 0
Non-cash restructuring expense 1,574 0
Changes in operating assets and liabilities:    
Accounts receivable 76,399 (2,969)
Inventories 40,028 15,181
Other current assets and other assets (2,302) (6,480)
Accounts payable and accrued liabilities (211,287) (22,354)
Derivative liabilities 1,295 16
Current portion of deferred revenue (1,669) (231)
Net investments in sales-type leases 5,790 4,845
Operating lease assets and liabilities (14,040) (10,761)
Other long-term liabilities 3,273 (4,134)
Net cash provided by (used in) operating activities (9,499) 78,128
Cash flows from investing activities    
Purchases of property and equipment (42,030) (11,073)
Net cash used in investing activities (42,030) (11,073)
Cash flows from financing activities    
Proceeds from issuance of common stock, net 412,183 0
Proceeds from long-term debt - related party 649,400 25,500
Repayments of long-term debt - related party (648,126) (3,479)
Repayments of long term debt (9,561) (15,018)
Proceeds from revolving credit facility 140,000 0
Repayments of revolving credit facility (140,000) 0
Deferred financing costs (5,512)
Related party note receivables (84,758)
Collections of related party note receivables 6,600
Settlement of finance lease liability - related party (25,000)
Principal payments under finance lease liabilities (10,806) (17,835)
Principal payments under finance lease liabilities - related party (2,912) (7,663)
Net cash provided by (used in) financing activities 366,266 (103,253)
Net increase (decrease) in cash, cash equivalents and restricted cash 314,737 (36,198)
Cash, cash equivalents and restricted cash    
Beginning of period 90,964 109,539
End of period $ 405,701 $ 73,341