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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net income (loss) $ 109,047 $ (10,376)
Reconciliation of net income (loss) to cash provided by (used in) operating activities:    
Depreciation, amortization, and accretion 8,981 29,460
Gain on GP Sale (120,574) 0
Impairment and other charges 0 5,371
Gain on retained CSI Compressco units and Standard Lithium shares (3,992) 0
Equity-based compensation expense 2,478 784
Amortization of deferred financing costs 728 569
Insurance recoveries associated with damaged equipment 110 0
Debt-related expenses 93 0
Warrants fair value adjustment 323 (337)
Gain on sale of assets (255) (833)
Other non-cash charges 14 1,435
Changes in operating assets and liabilities, net of assets acquired:    
Accounts receivable 1,501 3,601
Inventories 498 (12,414)
Prepaid expenses and other current assets (1,060) (2,442)
Trade accounts payable and accrued expenses 8,521 8,742
Other (478) (1,384)
Net cash provided by (used in) operating activities 5,825 22,176
Investing activities:    
Purchases of property, plant, and equipment, net 6,761 12,390
Proceeds from sale of CCLP, net of cash divested 18 0
Proceeds on sale of property, plant, and equipment 561 1,425
Proceeds from Insurance Settlement, Investing Activities 110 0
Other investing activities 1,771 350
Net cash provided by (used in) investing activities (4,301) (10,615)
Financing activities:    
Proceeds from long-term debt 160 56,512
Principal payments on long-term debt (29,500) (54,511)
CSI Compressco distributions 0 (309)
Tax remittances on equity based compensation 0 (319)
Repurchase of common stock (449) 0
Debt issuance costs and other financing activities (98) (235)
Net cash provided by (used in) financing activities (29,887) 1,138
Effect of exchange rate changes on cash (1,303) (940)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (29,666) 11,759
Cash and cash equivalents and restricted cash at beginning of period 83,894 17,768
Cash and cash equivalents at beginning of period associated with discontinued operations 16,577 2,370
Cash and cash equivalents and restricted cash at beginning of period associated with continuing operations 67,317 15,398
Cash and cash equivalents and restricted cash at end of period 54,228 29,527
Cash and cash equivalents at end of period associated with discontinued operations 0 7,416
Cash and cash equivalents and restricted cash at end of period associated with continuing operations $ 54,228 $ 22,111