| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Operating activities: | ||||||
Net (loss) income | ||||||
17,424 | 12,098 | -1,923 | -9,162 | 4,091 | -15,179 | 4,355 |
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities: | ||||||
Depreciation, amortization and accretion | ||||||
5,537 | 5,480 | 5,544 | 5,788 | 6,004 | 6,513 | 5,261 |
Impairments | ||||||
- | - | 3,598 | 10,530 | 6,645 | 32,546 | 4,131 |
Gain on asset disposals, net | ||||||
- | - | - | 19 | 1 | - | - |
Gain on asset disposals, net | ||||||
25 | 4,108 | 570 | - | - | -3 | 0 |
Gain on reversal of contingent consideration | ||||||
- | - | - | - | - | - | 11,250 |
Interest expense from debt issuance cost amortization | ||||||
533 | 560 | 594 | - | - | - | 1,219 |
Interest expense from debt issuance cost amortization | ||||||
- | - | - | 570 | 547 | 714 | - |
Debt issuance cost write-off | ||||||
- | 114 | - | - | - | - | - |
Equity-based compensation expense | ||||||
1,107 | 1,247 | 1,059 | 1,086 | 1,167 | 785 | 90 |
Equity in earnings of investee | ||||||
214 | 217 | 149 | 309 | 102 | 46 | 32 |
Distributions from investee | ||||||
75 | 175 | 75 | - | - | - | - |
Distributions from investee | ||||||
- | - | - | 200 | 100 | 55 | 0 |
Deferred tax (expense) benefit, net | ||||||
-36 | 51 | -372 | -24 | -32 | -13 | -2,016 |
Non-cash allocated expenses | ||||||
- | - | 1,750 | 3,798 | 648 | 497 | 0 |
Foreign currency (losses) gains | ||||||
222 | -643 | 732 | - | - | - | - |
Gain on litigation settlement | ||||||
1,254 | - | - | - | - | - | - |
Loss on sale of accounts receivable | ||||||
-515 | - | - | - | - | - | - |
Trade accounts receivable | ||||||
4,247 | 7,165 | 3,406 | -9,871 | -9,039 | -6,650 | 8,793 |
Prepaid expenses and other | ||||||
-136 | -1,004 | 1,321 | -1,350 | -233 | 933 | -283 |
Accounts payable and accounts payable - affiliates | ||||||
-3,681 | 2,273 | 2,947 | 478 | -1,222 | -2,964 | -1,910 |
Accrued payroll and other | ||||||
2,175 | 3,167 | 1,524 | - | - | - | - |
Income taxes payable | ||||||
356 | 87 | -365 | 662 | -196 | -15,612 | 15,816 |
Net cash provided by operating activities | ||||||
- | - | - | - | - | 13,016 | 7,154 |
Net cash provided by (used in) operating activities | ||||||
18,179 | 15,409 | 8,253 | 24,819 | 26,921 | - | - |
Investing activities: | ||||||
Proceeds from fixed asset disposals | ||||||
43 | 12,769 | 2,304 | 46 | 2 | - | 0 |
Acquisition of 49.9% interest in the TIR Entities | ||||||
- | - | - | - | 52,588 | 1,769 | - |
Cash paid for acquisition of 51% interest in Brown Integrity, LLC, net of cash acquired | ||||||
- | - | - | - | 10,436 | - | 500 |
Cash paid for acquisition | ||||||
- | - | - | - | 10,436 | - | 500 |
Purchase of property and equipment, excluding finance leases | ||||||
1,976 | 5,762 | 3,345 | 1,376 | 1,857 | 517 | 3,829 |
Net cash provided by (used in) investing activities | ||||||
- | - | - | - | - | -2,286 | 5,779 |
Net cash used in investing activities | ||||||
-1,933 | 7,007 | -1,041 | -1,330 | -64,879 | - | - |
Financing activities: | ||||||
Issuance of preferred units, net of issuance costs | ||||||
- | 43,258 | - | - | - | - | - |
Borrowings on credit facility | ||||||
7,800 | 2,500 | - | - | 68,800 | 7,600 | 75,000 |
Payments on credit facility | ||||||
- | - | - | - | 5,500 | 5,000 | 19,385 |
Payments on credit facility | ||||||
9,000 | 63,271 | - | 4,000 | - | - | - |
Proceeds from initial public offering | ||||||
- | - | - | - | - | 80,213 | 0 |
Distribution of initial public offering proceeds to Cypress Energy Holdings, LLC | ||||||
- | - | - | - | - | 80,213 | 0 |
Payment of offering costs | ||||||
- | - | - | - | - | 314 | 2,539 |
Net payments of factoring agreement | ||||||
- | - | - | - | - | - | 36,748 |
Debt issuance cost payments | ||||||
75 | 1,327 | - | - | - | 883 | 3,368 |
Payments on finance lease obligations | ||||||
191 | 62 | - | - | - | - | - |
Taxes paid related to net share settlement of equity-based compensation | ||||||
222 | 133 | 124 | 107 | - | - | - |
Contributions from general partner | ||||||
- | - | 2,300 | 2,500 | - | 482 | 6,210 |
Payments on behalf of affiliates | ||||||
- | - | - | - | - | - | 5,763 |
Purchase of non-controlling interests | ||||||
- | - | - | - | - | - | 572 |
Tax benefit of stock options exercised | ||||||
- | - | - | - | - | - | 528 |
Distributions to members prior to IPO | ||||||
- | - | - | - | - | -168 | 0 |
Distributions | ||||||
14,242 | 12,431 | 12,326 | 19,682 | 19,232 | 13,064 | 0 |
Distributions to noncontrolling interests | ||||||
- | - | - | - | 1,567 | 4,683 | 0 |
Net cash used in financing activities | ||||||
- | - | - | - | - | -16,030 | 13,363 |
Net cash provided by financing activities | ||||||
-15,930 | -31,466 | -10,150 | -21,289 | 42,501 | - | - |
Effect of exchange rates on cash | ||||||
4 | -17 | 753 | 343 | -1,150 | -633 | -90 |
Net increase (decrease) in cash and cash equivalents | ||||||
320 | -9,067 | -2,185 | 2,543 | - | - | - |
Net increase (decrease) in cash and cash equivalents | ||||||
- | - | - | - | 3,393 | -5,933 | 26,206 |
Non-cash items: | ||||||
Accounts payable and accrued payroll and other excluded from capital expenditures | ||||||
1,148 | 25 | 567 | - | - | - | - |
Acquisitions of finance leases included in liabilities | ||||||
357 | 400 | - | - | - | - | - |
Acquisitions of property and equipment included in liabilities | ||||||
- | - | - | - | 100 | 756 | - |
Supplemental cash flow disclosures: | ||||||
Cash taxes paid | ||||||
1,980 | 1,174 | 1,350 | 551 | - | - | 817 |
Cash taxes paid | ||||||
- | - | - | - | 579 | 16,674 | - |
Cash interest paid | ||||||
4,783 | 5,781 | 6,842 | 5,859 | 5,167 | - | - |
Cash interest paid | ||||||
- | - | - | - | - | 2,415 | 3,917 |
Accounts payable excluded from capital expenditures | ||||||
- | - | - | - | - | - | 330 |