Cypress environmental partners, l.p. (CELP)
CashFlow / Quarterly
Mar'20Dec'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'13
Operating activities:
Net (loss) income

-877

4,920

5,480

5,643

1,381

2,628

4,954

3,556

960

1,939

562

497

-4,921

1,817

1,998

-11,616

-1,361

1,046

-1,640

1,859

2,826

-28,722

5,097

4,929

3,517

-15,188

4,487

12,825

2,231

Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Depreciation, amortization and accretion

1,480

1,384

1,388

1,389

1,376

1,294

1,393

1,375

1,418

1,166

1,465

1,480

1,433

1,434

1,447

1,474

1,433

1,511

1,664

1,515

1,314

1,666

1,621

1,616

1,610

1,711

1,674

977

899

Impairments

-

-

-

-

-

-

-

-

-

0

0

0

3,598

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on asset disposals, net

-

-

-

-

-

-

-

-

1,709

-

-403

319

-11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on asset disposals, net

12

2

0

2

21

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

-3

-

-

-

-

-

-

-

-

Interest expense from debt issuance cost amortization

144

142

130

131

130

-

-

-

-

-

-

-

-

-

-

-

-

-

137

137

134

-

198

178

189

1,219

0

0

0

Interest expense from debt issuance cost amortization

-

-

-

-

-

-

-

-

153

-

149

148

146

144

144

142

140

-

-

-

-

-

-

-

-

-

-

-

-

Equity-based compensation expense

264

361

303

174

269

339

361

335

212

-77

370

409

357

257

322

190

317

339

296

321

211

191

170

130

294

90

0

0

0

Equity in earnings of investee

42

130

45

10

29

48

69

64

36

51

41

23

34

75

204

13

17

21

33

46

2

30

0

30

-14

32

0

0

0

Distributions from investee

-

-

-

-

-

-

50

0

63

-

-

-

-

62

75

0

63

50

50

0

0

-

-

-

-

-

-

-

-

Deferred tax (expense) benefit, net

-

-

-

-

-

-

-

-

-

-11

-3

-2

-356

15

-27

-48

36

26

-86

28

0

-

-

-

-

-

-

-

-

Non-cash allocated expenses

-

-

-

-

-

-

-

-

-

0

0

829

921

932

931

967

968

465

0

183

0

-

-

-

-

-

-

-

-

Foreign currency (losses) gains

-457

84

-47

84

101

-289

97

-117

-334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Deferred tax benefit, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-38

-

46

0

0

Trade accounts receivable

-7,698

-16,632

-4,716

3,660

21,935

-2,230

3,336

7,624

-1,565

-8,177

6,856

3,872

855

-4,872

-3,253

5,815

-7,561

-8,270

3,381

-2,280

-1,870

-8,189

11,703

-3,017

-7,147

-9,248

13,251

3,480

1,310

Prepaid expenses and other

577

-15

7

-122

-6

-113

467

-596

-762

556

179

441

145

-297

-140

-579

-334

-711

1,600

-739

-383

-252

1,302

115

-232

-207

-61

-121

106

Accounts payable and accounts payable - affiliates

-1,197

-5,969

376

7

1,905

3,390

-818

-2,110

1,811

-3,605

2,632

713

3,207

-3,324

-2,404

4,877

1,329

-9,857

1,411

485

6,739

-11,818

2,609

226

6,019

-8,954

2,917

2,571

1,556

Accrued payroll and other

-3,154

-3,560

1,289

-116

4,562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and other

-

-

-

-

-

-

-

-

1,168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

221

190

418

-459

207

25

362

-382

82

-94

531

-791

-11

746

234

-497

179

-29

112

-346

67

-95

566

-153

-15,930

15,414

349

53

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,909

768

10,982

-

2,497

7,151

13,545

2,844

-2,646

9,764

3,054

-

-

-

-

Net cash provided by (used in) operating activities

4,405

13,124

14,095

3,210

-12,250

8,454

4,896

-4,724

6,783

7,990

-1,449

-1,639

3,351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,817

3,270

Investing activities:
Proceeds from fixed asset disposals

26

4

5

13

21

7

760

8,045

3,957

726

0

1,576

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment, excluding finance leases

1,055

458

473

673

372

296

1,530

1,878

2,058

2,163

802

82

298

444

288

148

496

206

312

409

930

46

79

73

319

1,159

1,073

-173

1,770

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-289

-144

-496

-

-232

-10,923

-53,518

-1,815

-79

-73

-319

-

-

-

-

Net cash used in investing activities

-1,029

-454

-468

-660

-351

-289

-770

6,167

1,899

-1,437

-802

1,494

-296

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,281

-1,770

Financing activities:
Borrowings on credit facility

32,000

0

0

800

7,000

-

-

-

-

-

-

-

-

-

-

-

-

0

0

16,200

52,600

-

-

-

-

-

-

-

-

Payments on credit facility

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,000

0

0

5,500

0

0

0

0

5,000

19,385

0

0

0

Other

-19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on credit facility

-

-

-

-

-

-

-

-

4,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from initial public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

80,213

0

0

0

0

Distribution of initial public offering proceeds to Cypress Energy Holdings, LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

80,213

0

0

0

0

Payment of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

314

2,539

0

0

0

Distribution of initial public offering proceeds to Cypress Energy Holdings, LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

80,213

-

0

0

0

Payments on finance lease obligations

61

52

44

82

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of equity-based compensation

138

13

50

1

158

2

61

1

69

4

43

0

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on behalf of affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

218

65

5,763

-233

233

0

Distributions to members prior to IPO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

314

-249

249

-310

310

Distributions

3,593

3,568

3,567

3,564

3,543

3,930

3,491

2,506

2,504

2,513

2,495

2,495

4,823

5,243

4,817

4,812

4,810

4,809

4,809

4,808

4,806

-

-

-

-

-

-

-

-

Distributions to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

0

4

8

-

48

0

367

0

0

146

1,421

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,418

-2,859

-9,177

-

-4,809

5,746

46,373

-4,696

-1,192

-5,077

-5,065

-

-

-

-

Net cash provided by financing activities

23,189

-9,708

-6,661

-2,847

3,286

-3,987

-3,647

-17,259

-6,573

-1,205

-1,538

-2,499

-4,908

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-543

310

Effect of exchange rates on cash

-7

-

-1

-102

104

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rates on cash

-

-

-

-

-

-

-

-

-377

-78

560

332

-61

-134

85

1

391

-240

-366

72

-616

-270

-324

289

-328

-90

0

0

0

Net increase (decrease) in cash and cash equivalents

26,558

2,965

-12,255

18,821

-9,211

4,150

692

-15,641

1,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-1,914

-

1,287

-2,234

1,700

-1,527

-2,910

2,046

5,784

-3,937

-4,241

4,903

-2,658

8,501

4,340

11,555

1,810

Non-cash items:
Accounts payable and accrued payroll and other excluded from capital expenditures

366

-

353

-288

388

-

-1,213

182

1,106

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of finance leases included in liabilities

247

-

-

-

293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of property and equipment included in liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-112

121

67

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental cash flow disclosures:
Accounts payable excluded from capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-33

51

-

-32

-33

75

196

-31

-608

773