Basic energy services, inc. (BAS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net loss

-181,898

-144,597

-96,674

-

-

-

-35,929

19,586

45,836

-43,563

-253,538

Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation and amortization

114,657

126,417

112,209

-

-

-

209,747

187,083

154,341

135,001

132,520

Asset impairment

35,801

0

-

-

-

-

-

-

-

-

-

Inventory and other write-downs

10,607

0

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

204,014

Bargain purchase gain

-

-

-

-

-

-

-

910

-

1,772

-

Accretion on asset retirement obligation

1,051

212

160

-

-

-

112

110

124

162

149

Change in allowance for doubtful accounts

370

315

1,523

-

-

-

-

-

-

-

-1,081

Change in allowance for doubtful accounts

-

-

-

-

-

-

895

1,550

-1,848

-1,679

-

Amortization of deferred financing costs

2,300

1,100

194

6,000

3,100

3,200

3,102

2,831

2,349

1,567

1,414

Amortization of debt discounts

1,054

4,009

7,264

-

-

-

-224

-208

6,385

1,937

740

Debt extinguishment costs

0

-26,429

0

-

-

-

-

-

-

-

-

Non-cash compensation

9,156

27,254

22,954

-

-

-

11,830

13,752

9,487

5,666

-

Non-cash compensation

-

-

-

-

-

-

-

-

-

-

5,152

Loss on early extinguishment of debt (non-cash)

-

-

-

-

-

-

-

1,839

3,940

-

-3,481

Payment of Premium and Consent for Senior Secured Notes

-

-

-

-

-

-

-

6,118

36,179

-

-

Loss (gain) on disposal of assets

-4,013

2,598

-274

-

-

-

-2,873

-3,334

-447

-2,856

-2,650

Deferred income taxes

0

-78

78

-

-

-

-20,030

10,927

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

29,801

-5,993

-25,230

Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable

-44,771

-3,384

41,303

-

-

-

-3,813

-49,246

88,863

55,304

-88,149

Inventories

-6,529

46

712

-

-

-

-5,990

5,267

12,057

2,411

-975

Prepaid expenses and other current assets

-6,242

-5,248

7,065

-

-

-

1,046

-564

1,344

-4,800

1,444

Other assets

333

-532

1,244

-

-

-

1,154

-927

2,853

949

1,010

Accounts payable

-37,495

18,267

25,548

-

-

-

-16,232

4,720

12,140

16,002

-5,441

Excess tax expense from exercise of employee stock options / vesting of restricted stock

-

-

-

-

-

-

-

-

-

-292

-351

Income tax receivable

-

-

-

-

-

-

-

-

-

17,986

58,981

Income tax receivable

1,574

305

-607

-

-

-

-922

-2,239

79,166

-

-

Other liabilities

615

4,361

2,704

-

-

-

6,767

1,762

-6,665

3,074

-343

Accrued expenses

1,135

3,853

644

-

-

-

-4,004

7,956

12,890

7,683

-3,322

Net cash provided by (used in) operating activities

-

-

-

-

-

-

165,588

-

-

-

-

Net cash provided by operating activities

20,187

74,339

25,947

-

-

-

-

303,681

279,455

49,383

89,205

Cash flows from investing activities:
Purchase of Property plant and equipment

55,353

68,709

63,361

-

-

-

136,950

171,440

221,839

63,579

43,367

Purchase of mutual fund

-

-

-

-

-

-

-

5,635

-

-

-

Proceeds from sales of assets

17,297

17,785

9,814

-

-

-

19,863

12,069

20,843

-

-

Payments for other long-term assets

-

-

-

-

-

-

1,132

817

624

666

1,692

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

2,521

4,134

Payments for other long-term assets

1,260

0

-

-

-

-

-

-

-

-

-

Payments for businesses, net of cash acquired

-

-

-

-

-

-

21,467

84,939

218,347

50,278

7,816

Change in restricted cash

-

-

-

-

-

-

-

-

-

-14,123

14,123

Net cash used in investing activities

-

-

-

-

-

-

-139,686

-

-

-

-

Net cash used in investing activities

-39,316

-50,924

-53,547

-

-

-

-

-250,762

-419,967

-97,879

-62,864

Cash flows from financing activities:
Proceeds from debt

0

332,500

64,000

-

-

-

-

300,000

498,850

-

241,697

Repayments of debt

29,364

318,929

46,589

-

-

-

45,397

266,949

278,696

28,253

239,543

Debt extinguishment costs

0

17,607

0

-

-

-

-

-

-

-

-

Premium on retirement of senior notes

-

-

-

-

-

-

-

6,118

36,179

-

-

Change in treasury stock including restricted stock issuances

5,121

1,882

2,035

-

-

-

3,605

18,497

1,872

359

6,151

Excess tax expense from exercise of employee stock options / vesting of restricted stock

-

-

-

-

-

-

-

-

-

-292

-351

Tax withholding from exercise of stock options

-

-

-

-

-

-

200

142

3,175

108

5

Exercise of employee stock options

-

-

-

-

-

-

781

940

7,709

430

38

Deferred loan costs and other financing activities

-469

-13,420

-2,857

-

-

-

-514

-6,046

-15,585

-361

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-48,935

-

-

-

-

Deferred loan costs and other financing activities

-

-

-

-

-

-

-

-

-

-

7,804

Net cash used in financing activities

-34,954

-19,338

12,519

-

-

-

-

3,188

171,052

-28,943

-12,119

Net (decrease) increase in cash and equivalents

-54,083

4,077

-15,081

-

-

-

-

-

-

-

-

Supplemental cash flow information:
Capital leases and notes issued for equipment

7,941

20,197

-

-

-

-

-

-

-

-

-

Change in accrued property and equipment

-2,806

-462

-

-

-

-

-

-

-

-

-

Capital leases and notes issued for equipment

-

-

67,510

-

-

-

-

-

-

-

-

Change in accrued property and equipment

-

-

7,011

-

-

-

-

-

-

-

-

Income taxes paid

0

0

-

-

-

-

-

-

-

-

-

Change in asset retirement obligations

6,907

-132

-

-

-

-

-

-

-

-

-

Change in right-of-use assets

14,541

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

39,248

34,396

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and equivalents

-

-

-

-

-

-

-23,033

56,107

30,540

-77,439

14,222