Carbo ceramics inc (CRR)
CashFlow / 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'11Mar'11Dec'10Sep'10Jun'10Mar'10
Operating activities
Net loss

-304,201

-87,239

-74,548

-73,155

-75,433

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-87,887

-80,127

-114,970

-108,918

-105,626

-109,544

-59,105

-31,462

8,559

55,588

76,044

92,447

85,736

84,886

83,858

77,608

93,219

105,933

119,223

132,236

130,263

130,136

117,834

101,098

89,888

78,716

0

0

0

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

30,707

31,517

32,146

33,381

34,605

36,011

38,860

40,877

44,282

46,875

47,394

48,590

48,451

50,063

51,899

53,754

54,457

54,694

54,160

52,051

50,860

49,385

47,784

47,367

47,472

46,706

46,486

46,197

44,893

43,687

41,329

38,439

36,015

33,081

30,885

29,174

27,728

0

0

0

Amortization of debt issuance costs and original issue discount

1,536

1,420

1,406

685

685

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

746

812

663

623

561

241

257

393

589

209

502

732

918

2,792

2,485

2,190

1,857

418

501

548

546

721

572

418

354

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

884

-2,377

-2,748

-3,432

-2,134

-15,184

-26,577

-37,336

-50,535

-61,721

-56,628

-54,654

-56,800

-4,292

-1,608

9,864

24,389

4,583

9,997

9,544

10,121

7,608

8,522

9,770

11,212

5,629

6,617

5,452

4,223

5,662

4,806

3,726

2,662

0

0

0

Excess tax benefits from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

372

439

439

439

134

159

194

194

1,384

1,421

1,386

1,428

1,399

1,361

1,390

1,420

759

0

0

0

Lower of cost or net realizable value inventory adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,546

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal or impairment of assets

-224,896

-12,956

1,012

1,156

1,089

1,057

-125,719

-125,774

-125,778

-125,717

36

59

-889

-45,169

-45,199

-45,091

-44,111

-10,067

-15,107

-15,055

-15,079

-4,877

194

49

43

-474

-532

-511

-518

1

155

-3,232

-1,548

-3,190

-3,109

227

-1,449

0

0

0

Noncash lease expense

-851

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency transaction gain, net

-

-

-

-

-

-

-

-

35

7

6

-15

119

68

254

271

94

-48

-378

-328

-303

-97

40

-28

-17

-47

-251

347

-76

62

323

-382

-135

-274

-423

-320

-96

0

0

0

Stock compensation expense

2,855

2,872

2,897

3,535

3,565

4,088

4,396

4,435

4,892

4,956

5,290

5,723

5,939

6,298

6,489

6,869

7,547

7,705

7,532

7,685

7,529

7,205

7,102

6,166

5,837

5,803

5,437

5,410

5,335

5,028

5,011

5,042

4,719

4,735

4,711

4,246

3,812

0

0

0

Change in fair value of derivative instruments

-

-

-

-

2,537

2,329

2,437

1,919

930

3,622

3,803

6,518

7,687

5,215

3,528

2,176

-11,155

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Trade accounts and other receivables

-21,556

-14,945

-16,904

-5,320

-1,451

6,104

10,182

12,539

20,533

18,348

15,769

4,564

-24,569

-37,880

-44,163

-40,925

-81,371

-51,001

-60,633

-36,573

9,511

-42,042

22,210

-1,444

22,024

38,264

-7,930

-2,867

-8,945

4,102

14,335

4,883

23,101

27,546

36,393

34,135

29,857

0

0

0

Inventories

-12,214

-14,928

-19,150

-18,375

-14,156

-10,089

-6,671

-10,044

-10,524

-11,008

-12,329

-17,825

-6,433

-7,972

-8,168

-19,214

-27,022

-15,438

5,903

16,401

25,624

25,853

-6,366

-5,609

-6,068

-1,296

11,899

10,701

7,589

3,963

26,473

45,603

41,704

40,399

26,537

15,195

10,818

0

0

0

Prepaid expenses and other current assets

-

0

0

-2,425

-

-1,073

-870

30

-724

27

-340

-907

-1,726

-2,706

-3,136

-895

-1,437

-1,873

-2,338

81

112

-890

986

-86

1,136

1,243

2,165

842

150

1,953

351

270

1,142

1,485

1,263

1,514

174

0

0

0

Long-term other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,050

-179

-1,883

122

-1,153

-1,758

-187

-2,969

-12,672

-12,950

-12,094

-12,005

23,020

23,764

23,750

24,083

-242

-447

-432

14

0

0

0

Accounts payable

-4,747

-5,692

-6,125

-9,408

-8,759

-1,173

9,111

14,194

11,666

13,856

4,039

-405

631

-5,487

-4,983

-1,522

-7,861

-13,226

-7,341

-4,833

2,079

10,371

13,523

5,740

4,330

10,078

-4,904

-9,222

-18,201

-12,416

412

6,093

15,971

-2,370

1,022

8,261

13,439

0

0

0

Accrued expenses

1,239

6,645

75

-2,245

3,710

2,713

2,531

5,324

8,687

3,494

2,584

-4,741

-8,405

-8,666

-7,936

-335

-9,104

-9,691

-7,916

-7,900

-2,487

-3,625

3,550

3,169

1,677

2,913

-4,894

-3,474

-10,628

-4,863

-3,325

1,073

11,846

10,092

10,540

4,039

8,160

0

0

0

Income tax receivable, net

-809

-842

-37

-34

69

804

911

1,060

-357

-1,978

-2,234

35,037

36,137

39,743

40,916

4,024

19,780

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,131

-868

-353

-2,823

-2,720

-4,421

-1,193

5,397

10,978

5,360

-3,162

-1,980

-3,451

-1,408

4,655

-2,695

0

0

0

Other, net

-11

-320

-867

-1,313

-3,162

-3,583

-3,670

-3,608

-2,949

-2,843

-2,852

-2,455

-1,730

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-11,483

-4,134

-5,866

-18,099

-21,598

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-28,711

-17,935

-2,837

20,561

9,167

70,577

77,127

107,728

114,788

105,782

163,118

158,362

164,653

137,571

129,104

131,274

144,139

156,381

132,745

121,094

107,751

111,413

98,370

90,068

95,642

91,785

0

0

0

Investing activities
Capital expenditures

2,192

2,568

1,945

2,271

2,039

2,171

2,601

2,355

2,598

2,389

1,585

1,394

6,848

17,968

32,526

45,948

62,747

81,570

112,642

145,448

161,469

169,982

154,254

125,092

99,936

74,251

58,070

63,963

77,189

91,371

103,215

95,805

90,395

91,008

97,740

103,272

96,566

0

0

0

Net proceeds from asset sales

1,070

23,132

27,565

27,578

27,526

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-4,252

18,972

24,436

25,307

25,487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on long-term debt

-

-

-

-

-

-

-

-

3,250

6,283

9,316

12,349

32,099

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of BBL Falcon Industries, Ltd.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-1,394

-6,848

-17,968

-32,526

-45,948

-62,747

-81,570

-112,642

-145,448

-161,469

-169,982

-154,254

-125,092

-99,936

-74,251

-58,070

-63,963

-77,189

-91,371

-103,215

-95,805

-90,395

-86,019

-92,751

-103,272

-96,373

0

0

0

Financing activities
Repayments on insurance financing agreement

-

-

-

-

-

-

-

-

1,296

1,382

1,468

1,379

917

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on notes payable

2,670

2,307

1,759

1,519

1,385

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

-

-

-

-

989

989

875

1,214

339

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

Repayments on bank borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

0

0

0

-

-

-

-

-

-

-

-

Net proceeds from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76

76

136

330

254

0

0

0

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,666

19,960

25,254

29,858

29,121

28,423

27,723

27,039

26,350

25,662

24,971

24,264

23,563

22,874

22,200

21,292

20,369

19,445

18,508

18,039

17,570

0

0

0

Purchase of common stock

279

279

279

279

421

426

427

442

539

541

542

550

450

472

472

449

580

638

1,749

1,749

6,979

7,029

5,916

9,066

6,958

7,093

7,093

3,943

7,927

7,741

14,391

14,429

7,550

7,508

860

2,117

1,904

0

0

0

Net cash (used in) provided by financing activities

-23,561

-23,198

-22,650

4,426

1,043

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

372

439

439

439

134

159

194

194

1,384

1,421

1,386

1,428

1,399

1,361

1,390

1,420

759

0

0

0

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

55,072

36,759

37,902

-13,501

-17,433

47,754

67,402

67,997

43,393

-10,728

-35,013

-33,200

-35,666

-33,174

-32,596

-31,816

-27,959

-30,052

-29,140

-35,205

-34,293

-26,444

-25,516

-17,842

-18,406

-18,461

0

0

0

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

246

370

412

954

838

208

-395

-467

-1,016

-2,369

-2,878

-2,688

-3,537

-1,776

-552

-1,594

-846

-521

-231

-453

225

110

-1,058

21

40

42

1,129

420

148

0

0

0

Net (decrease) increase in cash and cash equivalents and restricted cash

-39,296

-8,360

-4,080

11,634

4,932

-19,295

4,319

2,751

-13,295

-30,120

-30,096

25,921

12,814

17,305

-25,861

-54,681

54,568

60,590

60,205

10,045

-69,952

-43,653

-29,644

2,301

3,615

21,736

41,157

51,764

49,365

12,344

-18,384

-22,326

-5,386

-13,123

-19,396

-25,616

-22,901

0

0

0

Supplemental cash flow information
Interest paid

6,826

7,745

8,319

7,743

7,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

5,064

5,269

4,638

3,763

3,415

2,613

1,546

806

289

135

27

10

19

10

5

9

72

78

0

0

0

-

-

-

-

-

-

0

0

Income taxes paid

-

-

-

-

-

-

-

-

457

465

0

0

0

0

0

0

0

143

13,466

30,603

30,619

38,582

33,015

32,270

33,015

35,075

32,568

36,280

36,036

42,105

55,081

65,035

65,071

59,046

49,439

38,212

40,667

0

0

0

ATM Program
Proceeds from issuance of common stock under ATM program

4,606

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-