Diamond offshore drilling, inc. (DO)
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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Operating activities:
Net loss

-861,940

-74,770

-95,128

-113,988

-73,328

-79,207

-51,112

-69,274

19,321

-31,941

10,799

15,949

23,539

116,082

13,927

-589,937

87,425

-245,384

136,422

90,386

-255,709

98,843

52,645

89,713

145,810

92,615

94,748

185,334

175,989

155,661

178,186

201,461

185,169

188,490

256,854

266,586

250,612

241,687

198,524

224,393

290,853

276,064

364,134

387,440

348,581

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

93,043

91,752

88,693

88,253

86,898

86,255

81,884

81,825

81,825

86,203

83,281

85,982

93,229

86,031

86,473

105,016

104,240

114,448

118,086

123,329

137,299

131,712

108,854

108,906

107,011

96,985

97,143

97,143

96,821

92,844

99,207

99,469

101,393

95,089

101,175

101,175

101,173

95,912

99,117

100,746

97,402

89,468

86,485

85,431

85,062

Loss on impairment of assets

774,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

499,367

2,546

0

358,528

0

109,462

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and separation costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposition of assets

3,433

91

-6,340

9,436

-4,287

-1,307

506

50

510

8,415

-63

802

1,346

-6,060

1,222

747

296

2,309

-794

164

611

-2,230

-1,107

8,572

147

1,281

525

260

2,004

1,559

208

53,695

25,382

414

463

1,240

2,641

1,289

32,392

149

884

7,537

217

203

-55

Loss on sale of marketable securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-1

-1

0

20

1,196

-597

Loss on foreign currency forward exchange contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-440

-1,534

-6,390

-3,461

1,729

4,496

511

-4,255

-5,018

337

2,435

1,390

-2,715

-1,199

-1,778

-2,387

2,362

5,405

1,826

1,383

1,467

-1,642

2,099

5,899

3,015

8,812

25

Deferred tax provision

-13,797

-8,585

-17,198

-23,356

-7,769

-6,884

-7,949

-12,071

-49,089

1,746

-19,448

-48,437

-5,988

8,142

48,126

-117,277

-45,254

-127,372

9,691

-6,021

-118,332

11,822

-16,813

1,526

4,997

-9,313

18,418

15,002

9,994

-45,383

-4,988

-310

-791

17,939

-175

-849

-14,774

-21,834

2,997

16,764

-4,843

27,540

20,074

29,545

8,365

Accretion of discounts on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81

144

-

70

188

326

-161

-835

-1,137

-2,489

-1,625

-192

50

181

227

221

127

73

48

128

814

-311

Amortization/write-off of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

238

211

206

192

161

113

Amortization of debt discounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

78

89

88

77

72

62

Stock-based compensation expense

1,543

1,675

1,577

1,542

1,414

2,713

1,568

871

1,597

1,444

2,155

2,217

434

1,126

925

1,635

1,194

1,353

1,317

1,330

856

948

138

1,004

1,417

946

850

989

788

1,109

748

1,261

1,239

1,207

829

1,684

1,236

1,107

1,102

1,781

1,938

1,616

1,448

1,671

1,705

Contract liabilities, net

34,285

12,518

1,043

2,037

11,980

6,772

-3,334

-2,755

-500

297

-3,145

-3,202

14,726

-5,727

-7,018

-30,173

13,810

-20,648

-11,491

-9,370

-3,874

11,048

-6,419

54,048

1,384

-8,674

-23,005

490

-23,085

-17,253

11,503

17,128

-9,611

-78,346

13,637

21,469

11,021

23,991

14,825

-1,530

-55,063

32,935

-3,624

-128,944

62,228

Contract assets, net

-3,092

-2,323

-868

-1,356

1,922

1,826

3,439

1,567

-611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred contract costs, net

14,576

-9,275

-22,987

-33,123

6,244

12,136

-10,198

-13,876

-10,827

-13,636

-15,835

-12,679

-4,187

19,056

5,850

-2,160

-2,591

-15,856

-5,369

1,603

46,027

2,907

-672

54,535

26,044

-5,163

-13,411

-1,430

-5,600

-126,215

12,012

17,501

28,878

-116,153

8,047

32,192

22,597

18,164

-25,061

-22,065

-30,246

-25,445

-18,938

7,349

-9,606

Long-term employee remuneration programs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,751

-1,904

-2,048

-2,349

-2,298

-2,110

-2,209

-12,183

558

6,177

-2,163

-

-

-

-

-

-

-

-

-

-

-

-

Other assets, noncurrent

393

128

-298

216

-98

2,130

-81

-514

-228

-2,480

1,187

6

1,613

4,237

-223

992

-92

-1,709

93

-361

-506

-2,684

-341

-29

173

435

74

47

4,366

5,491

-387

-1,441

-869

-2,385

-52

1,114

-897

5,327

-13,592

10,812

-5,024

-

-

-

-

Other liabilities, noncurrent

-3,346

6,604

-93

573

-570

1,081

-449

-2,038

-1,811

-751

-619

-809

1,216

-3,052

-1,168

2,354

1,835

-46

-2,854

1,272

-2,262

-4,651

-1,662

2,179

155

-5,245

4,134

-2,573

-1,612

1,157

1,985

-1,350

1,822

5,957

540

-446

870

-2,612

18,125

-2,293

-5,419

-

-

-

-

Payments of settlement of foreign currency forward exchange contracts designated as accounting hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-440

-1,534

-6,390

-3,461

1,729

4,496

511

-4,255

-5,018

337

2,435

1,390

-2,715

-1,199

-1,778

-2,387

2,362

5,405

1,826

1,383

1,467

-1,642

2,099

-

-

-

-

Bank deposits denominated in nonconvertible currencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-234

-561

489

-567

-426

-5,016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

451

-28

3,708

217

-1,517

-2,956

1,392

-605

3,182

1,520

1,185

1,439

-237

3,694

513

753

731

-140

-188

702

484

1,739

260

547

572

-171

479

476

463

458

274

261

265

268

280

278

-507

-

-

-

-

-

-

-

2,625

Changes in operating assets and liabilities:
Accounts receivable

17,307

10,655

32,711

-26,295

20,761

-30,089

-4,430

3,511

-56,962

-14,694

-38,746

25,109

39,380

-27,710

-50,606

-39,009

-41,773

-92,232

-18,391

69,928

-18,177

-53,527

-27,635

129,071

-53,178

67,060

-61,070

-135

-13,760

43,085

-76,735

-42,396

10,972

-47,443

31,092

28,612

-79,759

-1,370

-32,608

-153,993

44,875

21,736

31,682

280,456

-114,007

Prepaid expenses and other current assets

-131

1,042

-1,874

2,606

-604

-1,310

-4,873

2,353

-2,381

-3,540

-1,323

3,752

2,402

-2,237

-1,669

3,745

-6,026

-8,216

-4,575

5,593

-11,997

-7,895

-8,171

21,818

-2,961

-10,393

-5,589

19,955

-14,039

-390

-6,838

22,612

-6,424

-13,731

-4,000

22,658

1,479

-17,542

-4,022

25,097

-5,052

-19,027

-9,584

17,266

7,842

Accounts payable and accrued liabilities

-9,586

-3,218

-2,846

-3,368

13,329

4,249

9,630

15,076

-36,542

2,016

30,078

-35,781

23,490

-38,323

27,026

-57,990

-1,798

-68,666

-21,323

-72,877

-18,006

-12,863

-622

30,772

10,176

21,169

58,442

-39,784

6,925

5,393

12,048

10,542

-17,629

34,003

-10,775

-317

-32,753

23,180

1,480

28,428

-19,762

28,183

-5,808

-19,931

-29,142

Taxes payable

-5,036

-5,471

9,060

-5,971

-3,637

12,640

10,722

1,835

-4,713

-5,288

-4,678

6,569

-11,179

-26,127

-27,706

23,783

28,961

1,134

5,386

-5,612

70,811

3,658

39,699

-12,665

-5,202

60,291

4,870

3,714

-19,089

45,338

23,139

-18,722

64,294

-68,381

39,677

-8,000

12,691

-14,671

-16,754

-264,195

114,560

22,124

-19,117

-90,203

44,189

Net cash (used in) provided by operating activities

-22,841

23,300

-11,528

-5,545

2,862

43,302

57,989

46,998

83,769

127,173

189,754

78,205

98,676

154,560

186,524

64,140

241,330

269,750

265,833

40,278

160,566

309,995

315,509

64,312

303,015

208,088

337,778

244,016

276,106

301,671

396,253

263,503

349,842

340,962

355,504

317,160

406,479

332,425

255,588

229,424

464,881

380,382

431,034

298,319

407,079

Investing activities:
Capital expenditures

74,850

76,271

77,484

86,445

85,890

62,655

69,319

58,949

31,483

38,968

28,724

42,402

29,487

54,437

64,824

475,298

58,114

72,313

72,231

489,079

197,032

1,008,439

206,950

222,061

595,314

217,138

197,537

359,204

183,719

187,369

129,979

274,459

110,234

131,451

64,464

208,244

370,597

121,267

91,105

114,092

107,798

102,707

83,453

95,876

130,408

Proceeds from maturities of marketable securities

-

-

-

-

1,000,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of marketable securities

-

0

124,889

923,809

948,298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

290,985

1,574,972

2,799,975

1,599,914

2,374,773

1,424,944

724,952

724,793

624,655

875,520

500,400

976,715

602,127

1,651,741

2,149,962

1,249,835

1,560,993

1,699,765

1,049,860

1,349,900

774,948

699,847

1,849,668

1,149,112

Proceeds from maturities of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

11

12

11

875,012

1,325,012

3,625,012

2,175,021

1,425,023

1,475,024

1,025,024

725,014

650,012

675,056

800,016

600,034

500,030

1,550,019

1,950,073

1,362,016

1,750,054

1,150,088

1,350,035

1,200,053

375,023

900,039

1,849,865

1,348,964

Deposits received on sale of rigs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,750

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of assets, net of disposal costs

4,548

120

524

15,478

95

534

67,810

296

1,427

11,179

-60

1,980

2,097

52,684

1,740

54,003

113,295

4,607

790

2,889

4,763

1,562

279

16,304

173

1,543

879

248

2,230

1,558

319

95,432

41,186

475

923

1,419

2,786

1,733

185,075

269

989

39,071

938

128

325

Other

-

-

-

-

-

-

-

-

-

-

-

-12

-11

-

-

-

-11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost to settle foreign currency forward exchange contracts not designated as accounting hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-327

-90

4,073

24,789

Net cash used in investing activities

-70,302

-76,151

73,151

30,224

-34,093

-85,665

-125

-332,490

-30,056

-27,785

-28,776

-40,410

-27,379

-1,742

-63,073

-416,714

55,192

-67,689

-71,430

-486,178

-192,258

-422,850

-456,631

619,280

-20,034

-1,165,345

-146,578

-58,884

-181,268

-160,454

-330,124

112,839

-437,979

-233,073

-165,263

-406,714

-255,630

69,527

-474,307

204,952

-256,656

-469,234

-372,257

-553,624

44,980

Financing activities:
Borrowings under Credit Facility

436,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of short-term borrowings, net

-

-

-

-

-

-

-

-

-

0

0

0

-104,200

-77,900

-145,200

327,300

-286,589

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs and arrangement fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

98

-

-

-

-

Payment of dividends and anti-dilution payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,145

17,144

17,999

17,144

120,950

120,926

121,709

122,655

122,386

122,378

123,269

122,298

122,261

122,252

123,594

122,138

122,127

122,118

123,791

122,021

121,993

121,998

211,073

278,597

278,590

278,585

279,779

278,257

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,392

86,364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

0

-10

-2

234

-179

-24

-66

0

0

-142

-14

201

-201

-375

-33

-

0

0

-12

854

54

186

-833

28

0

0

137

69

9

90

31

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock plan exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

107

-

-

-

-

Net cash provided by (used in) financing activities

436,000

0

0

-10

-2

-5,417

-179

-24

-66

-37

-45,261

-142

-104,214

-77,914

-145,401

326,925

-286,622

-224,164

-149,126

356,979

-17,156

-122,345

-370,872

-122,915

-209,852

865,474

-122,378

-123,269

-122,161

-122,384

-125,889

-123,504

-122,107

-122,127

-122,114

-123,791

-122,021

-121,993

-121,966

-215,311

-278,588

214,448

-278,384

215,879

-278,257

Net change in cash and cash equivalents

342,857

-52,851

61,623

24,669

-31,233

-47,780

57,685

-285,516

53,647

99,351

115,717

37,653

-32,917

74,904

-21,950

-25,649

9,900

-22,103

45,277

-88,921

-48,848

-235,200

-511,994

560,677

73,129

-91,783

68,822

61,863

-27,323

18,833

-59,760

252,838

-210,244

-14,238

68,127

-213,345

28,828

279,959

-340,685

219,065

-70,363

125,596

-219,607

-39,426

173,802