Dawson geophysical co (DWSN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Sep'14Dec'13Sep'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net income (loss)

-15,213

-24,407

-31,790

-38,333

-26,279

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-12,620

-

10,480

-

-

-

-

Net Income (loss)

-

-

-

-

-

-9,528

-

-6,316

-

15,671

10,833

-1,222

1,879

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

21,826

29,959

39,235

44,283

47,072

-

-

-

-

-

-

-

-

Operating lease cost

1,201

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

40,168

-

37,095

-

-

-

-

Non-cash compensation

1,206

1,368

976

879

1,156

688

1,225

972

1,797

601

483

508

512

Deferred income tax expense

-23

-757

763

-5,564

-14,046

-5,745

-6,067

-3,308

8,273

359

2,469

146

717

Gain on proceeds from insurance settlements

-

-

-

2,269

-

-

-

-

-

-

-

-

-

Gain on proceeds from insurance settlements

-

-

-

-

407

-

-

-

-

-

-

-

-

Change in other accrued long-term liabilities

-

-

-1,489

-195

1,834

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

19,152

-

24,644

-

25,502

19,214

15,343

14,621

Gain on disposal of assets

86

-16

1,714

167

-815

242

108

676

-657

1,069

441

39

221

Remeasurement and other

139

-

91

-186

81

-

-51

-

712

-

-

-

-

Bad debt expense

-

-

-

-

-

557

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Increase in accounts receivable

-1,118

-6,744

16,465

-19,891

-15,883

9,889

2,507

-24,086

-16,168

16,021

2,442

7,377

2,352

Cost and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-271

-

-3,950

-

1,121

589

4,098

-1,875

(Increase) decrease in prepaid expenses and other assets

-6,983

2,664

-278

-4,242

-1,752

-3,033

1,683

-3,230

-25

-2,820

-2,326

-1,384

-2,187

Increase in accounts payable

-579

-798

1,207

-4,878

-3,128

-

-3,467

-

-2,952

-

-

-

-

Prepaid federal and state income tax

-

-

-

-

-

-3,788

-

3,777

-

-78

-1,145

-

-

Prepaid federal and state income tax

-

-

-

-

-

-

-

-

-

-

-

239

-1,044

Other assets

-

-

-

-

-

-12

-

-3

-

17

18

27

-16

Trade accounts payable

-

-

-

-

-

3,800

-

-9,439

-

4,328

2,763

1,944

-1,115

Decrease in accrued liabilities

1,356

-777

1,458

-1,810

-4,579

-859

-1,909

-2,856

-223

2,911

823

443

230

Decrease in operating lease liabilities

-1,150

-

-

-

-

-

-

-

-

-

-

-

-

Increase(decrease) in deferred revenue

-7,020

4,187

929

-7,523

-

-

-

-

-

-

-

-

-

Increase (decrease) in deferred revenue

-

-

-

-

620

-

-2,637

-

-29

-

-

-

-

Net cash used in operating activities

9,480

12,871

-6,703

8,742

20,612

-

-

-

-

-

-

-

-

Billings in excess of cost and estimated earnings on uncompleted contracts

-

-

-

-

-

3,797

-

-3,068

-

2,814

-4,550

-1,604

1,300

Federal and state income tax payable

-

-

-

-

-

417

-

-4,475

-

2,424

2,156

-

-

Net cash (used in) provided by operating activities

-

-

-

-

-

9,255

10,446

22,969

70,579

39,283

34,174

5,160

20,698

Cash flows from investing activities:
Purchase of stock of Eagle Canada, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

10,345

Cash acquired from merger

-

-

-

-

12,382

-

-

-

-

-

-

-

370

Capital expenditures, net of non-cash capital expenditures summarized below

4,396

15,745

8,675

8,251

6,846

1,379

35,281

1,848

48,485

31,970

22,011

8,220

1,349

Proceeds from maturity of short-term investments

33,075

55,000

61,250

91,750

34,500

-

29,250

-

-

-

-

-

-

Acquisition of short-term investments

24,842

49,000

37,583

111,000

26,750

-

32,750

-

-

-

-

-

-

Proceeds from maturity of short-term investments

-

-

-

-

-

-

-

-

10,750

-

-

-

-

Acquisition of short-term investments

-

-

-

-

-

-

-

-

30,250

-

-

-

-

Proceeds from disposal of assets

297

437

1,325

1,922

1,501

415

2,686

1,181

481

1,704

740

164

381

Proceeds from flood insurance claims

-

687

375

2,850

1,000

-

-

-

-

-

-

-

-

Proceeds from notes receivable

51

25

96

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

4,185

-8,596

16,788

-22,729

15,787

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-963

-36,095

-667

-67,504

-30,265

-21,270

-8,055

-10,942

Cash flows from financing activities:
Proceeds from promissory note

-

-

-

-

5,144

-

-

-

-

-

-

-

-

Proceeds from notes payable

-

6,518

-

-

-

-

10,000

-

983

-

-

-

-

Principal payments on notes payable

-

-

-

-

16,348

-

10,823

-

8,898

-

-

-

-

Principal payments on notes payable

8,165

1,180

2,186

7,554

-

11,657

-

13,342

-

11,338

9,006

8,448

7,296

Principal payments on finance leases

2,855

2,699

1,076

-

-

-

-

-

-

-

-

-

-

Principal payments on obligations under capital leases

-

-

-

780

1,535

1,536

932

2,069

736

2,081

1,348

1,101

1,080

Excess tax benefit from share-based payment arrangement

-

-

-

-

551

-

-

-

-

-

-

-

-

Excess tax benefit from share-based payment arrangement

-

-

-

-77

-

-

-

-

-

-

-

-

-

Tax withholdings related to stock-based compensation awards

236

121

158

72

316

-

-

-

-

-

-

-

-

Cash in lieu of stock dividend paid

-

1

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

154

32

416

608

377

181

-

9

Purchase of treasury shares

-

-

-

-

-

-

-

-

-

-

0

-

-

Cash in lieu of stock dividend paid

-

-

-

-

-

-

1,935

0

-

3,099

-

0

0

Net cash used in financing activities

-11,256

2,517

-3,420

-8,483

-13,606

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents and restricted cash

133

-76

724

85

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-13,039

-3,658

-14,996

-8,043

-16,140

-10,172

-9,549

-8,367

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-428

-

-345

-

-

-

-

-

-

Net decrease in cash and cash equivalents and restricted cash

2,542

6,716

7,389

-22,385

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

22,365

-

-29,652

-

-4,968

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-4,748

-

7,305

-

-7,123

2,730

-12,445

1,388

Effect of exchange rates on cash

-

-

-

-

-

-18

-

210

-

-7

-57

13

1

Supplemental cash flow information:
Cash paid for interest

440

408

143

260

620

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

677

537

1,129

688

1,222

784

790

1,020

Cash paid for income taxes

40

14

-

33

692

-3,052

735

9,474

1,665

7,022

774

1,479

1,722

Cash received for income taxes

55

-

4,791

348

752

-

3

-

42

-

-

-

-

Non-cash operating, investing and financing activities:
Increase (decrease) in accrued purchases of property and equipment

927

-353

907

1,542

-52

-

-1,693

-

288

-

-

-

-

Finance leases incurred

121

-

8,542

-

-

-

-

-

-

-

-

-

-

Increase in right-of-use assets and operating lease liabilities

8,252

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in right-of-use assets for accrued rent

-497

-

-

-

-

-

-

-

-

-

-

-

-

Increase in right-of-use assets for prepaid rent

14

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accrued purchases of property and equipment

-

-

-

-

-

6,096

-

-

-

22,201

6,765

4,975

-

Capital lease obligations incurred

-

-

-

-

126

479

485

626

1,296

2,935

1,953

2,030

609

Stock consideration to consummate the merger

-

-

-

-

42,902

-

-

-

-

-

-

-

-

Financed insurance premiums

2,256

2,317

248

-

1,046

-

-

-

-

-

-

-

-

Equipment sales financed for buyer

-

-

1,500

-

-

-

-

-

-

-

-

-

-

Sales tax on equipment sales financed for buyer

-

-

132

-

-

-

-

-

-

-

-

-

-

Financed insurance premiums

-

-

-

-

-

3,171

-

3,237

-

3,050

2,336

2,206

2,087

Restricted stock awards to employees, net of cancellations

-

-

-

-

-

100

-

25

-

1,334

101

20

24

Stock awards to employees

-

-

-

-

-

-

-

-

-

-

225

-

-

Treasury shares issued for stock options exercised

-

-

-

-

-

-

-

560

-

433

-

-

-

Cash and cash equivalents

-

-

-

-

12,382

-

-

-

-

-

-

-

370

Purchase of stock of Eagle Canada, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

10,345