| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from Operating Activities: | ||||||||
Net income (loss) | ||||||||
45,581 | 26,758 | -27,443 | -8,577 | -820 | -30,236 | -22,285 | -19,993 | -14,063 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
Depreciation and amortization expense | ||||||||
28,760 | 28,741 | 28,763 | 29,243 | 21,956 | 21,770 | 22,273 | 22,058 | 22,054 |
Amortization of deferred financing costs | ||||||||
884 | 1,029 | 1,214 | 1,046 | 846 | 1,020 | 737 | 737 | 723 |
Amortization of time charter hire contracts acquired | ||||||||
740 | 757 | 760 | 796 | 76 | 59 | 61 | 60 | 59 |
Amortization of the realized gain from recouponing swaps | ||||||||
- | -3,872 | -668 | -681 | -696 | - | - | - | - |
Stock-based compensation expense | ||||||||
1,334 | - | - | - | - | - | - | - | - |
Changes in assets and liabilities: | ||||||||
Changes in assets and liabilities | ||||||||
4,827 | - | -12,590 | 13,069 | 11,244 | - | -5,632 | -7,624 | 2,590 |
Cash paid for drydocking | ||||||||
-1,533 | -4,629 | -4,994 | -3,459 | -4,232 | -4,566 | -5,336 | -7,844 | -4,223 |
Net cash provided by operating activities | ||||||||
70,939 | 21,437 | 29,867 | 6,160 | 5,886 | 19,924 | 920 | 2,642 | 1,960 |
Cash flows from Investing Activities: | ||||||||
Acquisition costs, net of cash acquired of $16,568 | ||||||||
- | 0 | 0 | 0 | 292,683 | - | - | - | - |
Transaction costs | ||||||||
- | 154 | 126 | 1,019 | 17,785 | - | - | - | - |
Payments for vessel additions and other property | ||||||||
1,513 | - | 3,850 | 4,739 | 2,649 | - | 3,371 | 498 | 797 |
Net cash used in investing activities | ||||||||
-1,513 | -3,479 | 27,824 | -5,758 | -313,117 | 32,091 | -3,585 | -498 | -797 |
Cash flows from Financing Activities: | ||||||||
Borrowings on long-term debt | ||||||||
- | 515,000 | 0 | 0 | 300,000 | - | - | - | - |
Principal payments on long-term debt | ||||||||
33,597 | 14,848 | 51,108 | 17,748 | 17,748 | 42,450 | 18,593 | 18,593 | 18,593 |
Borrowings on revolving credit facilities | ||||||||
- | 0 | 5,000 | 5,000 | 51,000 | 7,532 | 19,000 | 0 | 6,000 |
Repayments on revolving credit facilities | ||||||||
5,000 | 0 | 0 | 0 | 26,323 | - | - | - | - |
NT Suez Holdco LLC distribution | ||||||||
1,568 | - | - | - | - | - | - | - | - |
Shares repurchased | ||||||||
1,418 | - | - | - | - | - | - | - | - |
Payments for deferred financing costs | ||||||||
485 | 9,391 | 11 | 438 | 6,521 | 0 | 225 | 0 | 271 |
Net cash (used in) provided by financing activities | ||||||||
-42,068 | -9,842 | -46,119 | -12,206 | 300,408 | -36,127 | 6,995 | -18,544 | -12,864 |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||
27,358 | 8,116 | 11,572 | -11,804 | -6,823 | 15,888 | 4,330 | -16,400 | -11,701 |
Supplemental disclosures: | ||||||||
Cash paid for interest | ||||||||
11,889 | 10,220 | 13,131 | 12,966 | 9,109 | 9,269 | 8,374 | 8,111 | 7,861 |
Common stock issued to CPLP | ||||||||
- | - | - | - | 236,848 | - | - | - | - |
Unpaid transaction costs in Accounts payable and accrued expenses at the end of the period | ||||||||
- | - | -126 | -1,019 | 1,299 | - | - | - | - |
Unpaid vessel additions in Accounts payable and accrued expenses at the end of the period | ||||||||
151 | -1,334 | 2,119 | -29 | 2,514 | - | - | - | - |