Basic energy services, inc. (BAS)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

36,217

50,500

53,700

63,800

90,300

30,847

30,683

33,831

38,520

43,168

34,244

50,640

98,875

34,338

86,100

75,083

46,732

55,972

91,822

104,936

79,915

57,450

98,994

116,627

111,532

100,169

95,619

81,489

134,565

103,562

103,549

67,230

78,458

71,612

220,910

47,918

Restricted cash

-

-

-

-

-

-

-

-

47,703

-

-

-

2,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

44,997

47,125

47,727

-

47,680

2,432

2,431

-

28,677

30,196

83,606

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, net of allowance of $2,208 and $1,838, respectively

99,600

123,700

135,200

140,300

144,767

156,165

163,248

156,218

148,444

168,220

150,475

129,560

108,655

95,801

78,767

78,742

102,127

124,691

126,429

158,867

247,069

262,357

232,903

220,787

204,394

211,909

227,222

219,227

209,100

240,295

242,943

249,125

254,446

240,488

200,092

150,364

Accounts receivable - related parties

-

-

-

-

-

0

23

25

22

22

22

23

31

13

26

29

35

44

35

39

161

61

47

39

50

48

52

69

52

54

74

73

65

57

44

42

Income tax receivable

0

0

683

3,425

1,574

1,588

1,587

1,861

1,878

3,010

1,270

1,268

1,271

1,273

1,276

1,277

1,828

2,317

2,167

1,330

3,121

-

2,659

2,897

3,475

3,529

3,344

2,509

2,553

2,178

1,620

-

314

305

78,195

79,480

Inventories, net

20,262

28,039

31,895

33,740

29,951

36,090

38,657

37,215

36,403

35,255

36,680

36,621

35,691

34,529

33,364

33,845

36,944

39,132

40,608

39,769

44,557

43,080

40,960

35,548

34,240

38,292

40,072

39,619

40,230

41,075

39,794

37,924

34,963

30,579

25,662

21,556

Prepaid expenses

6,407

14,784

12,806

16,164

8,990

19,847

17,552

20,560

22,353

24,470

21,483

20,914

15,575

14,035

14,271

12,118

13,851

16,606

13,793

16,060

15,779

19,156

12,951

15,234

9,597

12,845

11,495

11,612

8,796

10,278

8,687

10,904

8,667

7,965

6,334

5,425

Assets held for sale

55,149

-

-

-

18,106

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

2,727

8,958

2,658

6,299

1,521

5,688

4,223

4,844

4,292

5,224

3,942

2,467

2,003

8,676

9,101

9,601

9,968

8,688

10,207

9,732

9,934

9,986

8,898

9,905

8,289

8,762

8,223

12,264

13,891

6,839

7,485

8,626

6,768

4,008

6,632

18,193

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,366

16,651

15,514

14,664

23,744

29,804

22,432

31,436

41,047

32,321

31,168

32,201

16,884

15,321

24,474

39,154

28,148

8,430

8,290

Total current assets

220,388

225,896

236,973

263,693

295,209

295,222

303,098

302,281

299,615

327,049

250,548

243,924

264,530

217,342

253,101

294,301

211,485

261,816

301,712

346,247

415,200

415,834

427,216

423,469

403,013

416,601

418,348

397,957

441,388

421,165

419,473

398,356

422,835

383,162

546,299

331,268

Property and equipment, net

297,113

406,878

429,689

442,092

309,170

465,553

480,552

491,266

502,579

516,371

520,575

510,346

488,848

713,817

751,070

797,973

846,290

895,659

925,738

982,153

1,007,969

981,910

923,232

892,460

928,037

932,505

952,219

951,854

943,766

914,293

901,718

881,327

856,412

834,185

693,891

625,702

Operating lease right of use assets

14,540

17,248

17,813

19,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred debt costs, net of amortization

2,198

-

-

-

2,747

-

-

-

2,497

-

-

-

0

-

-

23,423

-

13,804

14,673

14,639

15,350

13,800

14,602

15,357

16,145

16,928

17,340

18,060

18,733

14,179

14,881

15,439

16,131

16,668

16,348

6,835

Deferred debt costs, net of amortization

-

2,346

2,493

2,604

-

2,535

2,511

2,333

-

2,038

56

61

-

1,591

1,573

1,478

3,420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred debt costs, net of amortization

-

2,346

2,493

2,604

-

2,535

2,511

2,333

-

2,038

56

61

-

-

1,573

1,478

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,877

78,011

78,011

112,714

112,283

111,187

110,914

110,280

110,556

115,731

105,836

90,871

89,504

82,579

82,571

80,793

16,287

16,150

Other intangible assets, net of amortization

2,603

2,806

2,865

2,925

2,984

3,043

3,102

3,161

3,221

3,280

3,339

3,399

3,458

59,232

62,298

64,518

66,745

69,051

68,760

69,001

71,173

73,351

73,024

75,429

77,555

79,328

84,240

85,383

82,762

76,182

77,884

71,807

74,637

73,884

43,727

45,833

Assets held for future sale

0

-

-

-

139,631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

13,632

12,455

11,990

12,585

12,036

12,617

12,971

12,524

12,568

12,407

11,848

11,547

11,324

11,066

10,316

10,255

10,241

10,009

9,314

9,499

9,474

8,240

8,499

7,113

7,675

6,440

6,292

6,264

6,521

6,566

6,922

8,189

7,342

7,709

12,555

4,025

Total assets

550,474

667,629

701,823

743,220

761,777

778,970

802,234

811,565

820,480

861,145

786,366

769,277

768,160

1,003,048

1,078,358

1,168,525

1,138,181

1,250,339

1,402,074

1,499,550

1,597,177

1,605,849

1,558,856

1,525,015

1,543,339

1,562,082

1,588,995

1,575,249

1,599,006

1,523,256

1,510,382

1,457,697

1,459,928

1,396,401

1,329,107

1,029,813

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

58,022

66,396

78,123

76,833

98,323

89,929

90,268

77,049

80,518

89,550

80,993

65,682

47,959

40,559

33,033

35,873

54,521

46,931

27,144

33,715

50,618

56,178

54,737

50,714

45,508

49,444

56,866

50,631

61,740

57,381

54,971

38,897

56,957

55,378

39,787

40,477

Accrued expenses

48,116

65,345

60,137

71,484

44,955

67,678

60,042

61,188

51,973

62,076

57,457

55,940

51,329

87,846

75,457

59,166

59,380

66,912

74,606

65,642

90,810

78,622

84,141

71,067

77,058

78,617

91,420

76,666

81,076

72,566

79,383

65,500

65,096

61,134

61,780

51,237

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

18,738

22,627

24,145

22,465

19,582

39,419

48,882

54,731

55,997

50,849

46,456

42,274

38,468

954,812

42,923

47,344

48,651

46,951

46,280

46,816

48,575

43,921

40,577

40,687

41,394

39,895

39,772

38,755

38,235

36,676

35,078

-

34,115

-

-

-

Operating lease right-of-use liabilities, current portion

4,906

5,459

5,119

5,347

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued short-term insurance reserves

8,848

8,221

-

-

10,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities associated with assets held for sale

5,248

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

303

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,976

-

31,621

27,816

24,231

Other current liabilities

4,306

4,031

480

719

3,123

6,102

4,168

1,459

2,469

3,626

780

668

2,065

3,311

1,011

1,554

7,003

7,828

3,304

4,753

6,135

8,300

924

616

688

338

427

333

306

816

1,911

590

315

3,743

166

3,309

Total current liabilities

148,184

172,079

168,004

176,848

176,854

203,128

203,360

194,427

190,957

206,101

185,686

164,564

139,821

1,086,528

152,424

143,937

169,555

168,622

151,334

150,926

196,138

187,173

180,379

163,084

164,648

168,294

188,485

166,385

181,357

167,439

171,343

139,266

156,483

151,876

129,549

119,254

Long-term debt, net of discounts and deferred financing costs of $8,795 and $10,690, at December 31, 2019 and 2018, respectively

308,365

313,511

316,806

322,358

319,175

278,319

279,032

272,658

259,242

269,330

207,487

194,442

184,752

40,555

961,416

969,790

828,664

842,311

850,887

878,219

882,572

865,708

838,803

840,143

846,691

845,053

847,644

847,297

844,906

763,088

754,712

-

748,976

-

-

-

Operating lease right-of-use liabilities, long-term portion

9,634

11,789

12,694

13,974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligations

9,044

9,331

-

-

2,587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued long-term insurance reserves

16,582

18,800

-

-

16,280

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

0

0

0

78

389

389

389

0

663

-

-

5,066

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of unamortized premium on notes of $1,842 and $1,892, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

747,760

-

742,054

762,190

474,628

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

662

-

-

49,019

107,450

133,354

147,621

162,652

163,375

154,584

164,306

178,533

177,554

179,670

185,101

184,868

179,667

180,240

183,551

151,523

117,636

123,393

Other long-term liabilities

17,542

14,174

35,223

35,156

16,470

36,513

36,691

30,902

31,550

30,753

30,278

29,691

29,179

27,568

26,263

29,596

28,558

30,722

30,147

29,587

28,193

26,208

25,861

23,081

22,407

20,616

19,737

16,998

15,232

13,220

13,023

12,137

11,215

10,990

11,369

10,615

Liabilities associated with assets held for future sale

0

-

-

-

10,983

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

509,351

-

-

-

542,349

-

-

-

481,827

-

-

-

353,752

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Preferred stock, $0.01 par value: 5,000,000 shares authorized; zero outstanding at December 31, 2019 and 2018

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value: 80,000,000 shares authorized 27,912,059 and 26,990,034 shares issued and 24,904,485 and 26,747,712 shares outstanding at December 31, 2019 and 2018, respectively

279

279

279

273

270

268

266

266

264

261

261

261

261

435

435

435

435

435

435

435

435

435

435

435

435

435

435

435

435

435

435

435

425

425

424

424

Additional paid-in capital

472,594

471,648

470,696

467,373

464,264

459,477

453,907

446,022

439,517

433,181

427,289

421,975

417,624

376,949

374,711

372,435

374,729

371,756

368,641

365,482

369,920

366,149

362,378

358,571

363,674

361,012

354,741

364,990

359,160

353,252

350,440

347,852

345,619

-

-

335,927

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

348,384

343,385

-

Retained deficit

-423,169

-335,401

-296,524

-268,747

-241,271

-194,595

-167,259

-127,205

-96,674

-76,413

-62,567

-38,626

0

-522,131

-430,034

-340,151

-256,812

-201,628

-95,986

-47,691

-15,067

3,741

-6,190

-8,633

-6,726

673

12,939

25,735

29,203

54,491

48,027

33,290

13,659

-8,851

-35,446

-27,544

Treasury stock, at cost 3,007,574 and 242,322 shares at December 31, 2019 and 2018, respectively

8,581

8,581

5,355

4,015

3,835

4,140

3,763

5,505

4,454

2,457

2,457

3,419

3,477

7,519

7,519

7,517

12,014

10,898

10,834

10,762

12,635

6,217

6,185

6,250

12,096

12,534

12,540

26,261

16,388

13,537

7,265

3,283

-

0

0

6,884

Total stockholders' equity

41,123

127,945

169,096

194,884

219,428

261,010

283,151

313,578

338,653

354,572

362,526

380,191

414,408

-152,266

-62,407

25,202

106,338

159,665

262,256

307,464

342,653

364,108

350,438

344,123

345,287

349,586

355,575

364,899

372,410

394,641

391,637

378,294

359,703

339,958

308,363

301,923

Total liabilities and stockholder's equity

550,474

667,629

701,823

743,220

761,777

778,970

802,234

811,565

820,480

861,145

786,366

769,277

768,160

1,003,048

1,078,358

1,168,525

1,138,181

1,250,339

1,402,074

1,499,550

1,597,177

1,605,849

1,558,856

1,525,015

1,543,339

1,562,082

1,588,995

1,575,249

1,599,006

1,523,256

1,510,382

1,457,697

1,459,928

1,396,401

1,329,107

1,029,813