Flotek industries inc/cn/ (FTK)
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'11
Cash flows from operating activities:
Net loss attributable to Flotek Industries, Inc. (Flotek)

-32,279

15,843

23,021

-37,415

-70,340

-87,388

-86,559

-15,350

-27,395

-32,825

-32,468

-30,923

-49,130

-36,586

-31,865

-42,132

-13,462

4,186

16,483

40,070

53,603

48,335

43,031

40,431

36,178

48,374

49,212

53,950

49,791

27,581

35,692

24,640

31,408

0

0

0

Less: Income from discontinued operations, net of tax

-

0

0

0

-

0

0

0

-

0

0

-32,116

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-76,735

-29,605

-23,294

-78,935

-73,083

-95,294

-93,797

-26,289

-17,504

-7,721

-6,173

-5,161

-4,447

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile loss from continuing operations to net cash (used in) provided by operating activities:
Impairment of inventory and long-lived assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,649

-6,389

1,413

-1,858

9,571

0

0

0

Depreciation and amortization

8,465

8,718

8,919

9,143

9,216

7,612

8,421

9,069

9,768

9,883

9,544

8,954

8,172

2,502

4,205

6,415

8,735

8,050

8,080

8,064

7,713

17,437

17,000

16,295

15,109

14,063

13,005

11,968

11,583

11,041

10,642

10,285

10,105

0

0

0

Amortization of deferred financing costs

1,400

1,500

1,600

1,700

400

424

447

470

500

468

448

443

400

394

378

347

346

346

368

323

343

361

305

263

169

272

428

668

946

1,336

1,669

2,382

3,126

0

0

0

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

903

1,734

2,751

3,710

4,194

4,669

5,014

5,295

0

0

0

Provision for doubtful accounts

512

1,089

1,412

1,248

839

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of assets

-1,450

-534

-588

-597

443

-10

58

-151

-292

-412

-409

-180

18

-2,969

-1,996

-1,211

12

398

574

605

-60

3,665

3,386

3,991

4,565

5,232

4,912

4,908

4,819

3,699

4,425

3,716

3,378

0

0

0

Provision for excess and obsolete inventory

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

4,235

3,285

4,334

5,607

7,050

7,558

8,375

9,531

10,643

12,534

12,971

12,399

11,446

11,195

11,301

11,679

13,083

12,173

11,277

10,251

9,123

9,646

9,850

11,007

10,914

12,547

13,364

13,484

13,421

12,198

10,616

9,192

7,437

0

0

0

Deferred income tax provision

18,307

-3,325

-3,554

19,572

-5,950

23,829

22,969

-78

181

-21,662

-18,934

-20,186

-19,681

-5,542

-6,690

-12,460

-7,929

-7,431

-7,367

-575

1,502

1,345

769

202

793

-20,079

-19,914

-18,975

-18,746

1,509

2,124

1,589

1,218

0

0

0

Reduction in tax benefit related to share-based awards

-24

-421

-661

-730

-709

-1,386

-1,746

-1,926

-1,989

-2,542

-1,871

-2,211

-2,510

-1,764

-1,830

821

1,273

2,177

2,224

2,235

3,448

4,258

4,609

2,366

1,668

784

442

835

528

593

859

808

570

0

0

0

Non-cash lease expense

740

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,841

0

0

0

-

-

-

-

Changes in current assets and liabilities:
Restricted cash

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-150

-150

-150

-150

0

0

0

0

-

-

-

-

Accounts receivable, net

-20,993

-29,415

2,198

4,795

2,606

-2,388

-22,831

-21,579

-4,076

12,037

23,728

26,945

10,905

20,172

8,499

8,556

-13,676

-22,435

-14,936

-15,272

7,737

7,235

7,869

6,477

9,860

5,257

2,919

-1,057

-1,796

-1,760

4,695

17,373

17,918

0

0

0

Inventories

65

-7,087

-5,584

10,163

-2,597

-7,671

-14,781

-8,749

3,442

11,107

14,142

-2,554

1,463

-3,592

1,033

8,319

9,905

12,488

11,735

16,269

14,067

11,451

8,329

5,675

-4,529

7,136

12,249

6,693

9,368

6,871

5,714

10,583

11,054

0

0

0

Income taxes receivable

-2,546

-1,679

1,460

1,362

1,116

1,188

548

-7,675

-8,008

-14,752

-11,965

-2,451

8,189

15,283

14,513

15,008

4,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other current assets

8,359

13,556

14,183

15,815

-3,177

-1,111

1,033

1,591

-12,001

1,596

-303

404

14,296

1,286

2,186

446

-167

16,314

15,411

22,914

22,673

4,209

6,361

-78

-1,007

-399

-2,293

161

2,073

1,928

1,407

1,055

892

0

0

0

Accounts payable

1,131

-5,475

-3,851

4,196

4,631

5,406

-2,785

-14,980

-8,528

-7,856

1,325

6,235

6,365

9,386

2,002

2,766

-7,653

-12,743

-5,816

-364

10,954

8,629

-2,299

-12,260

-21,329

-15,622

-3,774

-1,042

2,527

3,009

1,795

7,071

5,041

0

0

0

Accrued liabilities

908

-12,861

-2,067

-9,334

-8,740

-16,737

-22,884

-15,039

-6,175

23,896

20,904

21,760

32,769

21,448

21,078

25,600

9,552

17,343

20,666

18,581

19,824

-248

1,938

972

3,664

1,945

-1,455

-239

-1,894

842

1,501

873

-255

0

0

0

Income taxes payable

-

0

0

2,428

-

0

0

0

-

-

-141

24

-1,890

-908

-149

1,407

3,842

3,247

2,078

-2,318

1,386

1,693

4,374

6,357

2,196

4,947

2,128

3,679

369

0

0

0

-

-

-

-

Interest payable

-8

-6

-24

-6

-35

-24

3

-43

19

-126

-164

-92

-87

63

79

35

18

17

17

7

-18

-56

-120

-3

-5

-234

-886

-363

-1,983

-335

-1,003

-206

-29

0

0

0

Net cash provided (used in) by operating activities

-18,769

-9,720

-25,676

-34,354

-20,816

-13,614

-62

2,719

12,345

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12,861

-

20,043

35,507

33,367

42,644

57,774

46,194

46,733

39,237

32,418

38,925

51,809

49,515

62,758

57,886

40,949

32,423

0

0

0

Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment

2,411

1,463

1,695

2,643

3,559

2,007

2,320

3,697

4,197

8,609

9,342

11,159

13,072

15,931

15,666

14,591

16,391

6,923

9,057

10,814

9,339

18,516

15,133

14,739

15,007

15,443

20,342

20,965

20,701

19,256

15,805

12,862

9,984

0

0

0

Proceeds from sale of businesses

169,722

169,722

171,387

171,387

1,665

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

240

1,260

1,437

1,439

1,387

729

469

611

689

398

401

273

115

-3,174

-2,151

-1,302

13

-38

265

542

59

4,515

4,744

5,232

5,788

6,740

5,929

5,679

5,521

4,897

5,625

5,473

5,286

0

0

0

Payments for acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,250

1,250

1,668

5,704

5,704

5,704

58,682

53,396

0

0

0

-

-

-

-

-

-

-

-

Purchase of patents and other intangible assets

614

726

1,648

1,588

1,602

1,105

390

489

456

1,105

706

552

599

504

475

643

627

330

373

656

676

865

680

220

85

-11

-9

5

20

0

0

0

-

-

-

-

Net cash (used in) provided by investing activities

166,937

168,793

169,481

168,595

-2,109

-718

-1,241

14,915

14,526

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-15,286

-

-8,541

-10,415

-12,596

-15,660

-20,570

-16,773

-68,409

-62,700

-62,088

-67,800

-15,291

-15,200

-14,391

-10,233

-7,648

-4,942

0

0

0

Cash flows from financing activities:
Repayments of indebtedness

-

-

-

-

-

-

-

-

9,833

9,999

21,826

14,529

15,564

17,184

7,143

7,142

10,143

10,143

10,143

10,292

10,292

11,935

12,277

11,889

13,206

60,387

58,552

72,265

102,438

52,020

51,937

68,663

33,273

0

0

0

Borrowings on revolving credit facility

42,984

106,971

174,545

244,317

277,599

286,751

304,441

360,563

383,160

391,743

391,820

341,323

338,460

347,488

349,913

366,515

382,666

343,349

356,583

372,584

357,183

387,450

364,575

400,146

313,396

231,696

153,571

10,000

0

0

0

0

-

-

-

-

Repayments on revolving credit facility

92,715

160,373

223,671

284,058

255,818

273,938

298,031

361,425

393,776

383,717

392,190

338,343

325,043

335,510

330,017

346,168

366,018

326,989

351,190

369,234

364,955

410,603

384,336

386,977

297,124

204,319

116,014

9,244

0

0

0

0

-

-

-

-

Debt issuance costs

0

13

13

103

111

571

571

481

579

1,158

1,158

1,305

1,199

0

0

0

-

-

-

-

399

342

429

1,352

1,293

0

0

0

-

-

-

-

1,421

0

0

0

Issuance costs of preferred stock and detachable warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

200

200

0

0

0

0

-

-

-

-

Reduction in tax benefit related to share-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-2,510

-1,764

-1,830

821

1,273

2,177

2,224

2,235

3,448

4,258

4,609

2,366

1,668

784

442

835

528

593

859

808

570

0

0

0

Purchase of treasury stock

247

289

291

301

173

320

418

1,630

1,729

2,925

3,076

2,298

2,350

1,894

1,615

5,444

6,345

5,610

5,672

3,304

6,294

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of common stock

35

7

94

195

341

465

533

549

654

843

30,845

30,962

30,923

30,710

782

835

879

922

944

931

906

1,020

977

905

824

728

513

311

161

0

0

0

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,697

17,694

17,655

13,046

10,395

0

0

0

-

-

6,403

4,476

2,034

1,067

1,066

943

775

0

0

0

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

21

21

20

7

134

151

151

151

39

23

34

41

462

461

813

927

491

491

164

141

167

178

169

173

147

0

0

0

Proceeds from exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,545

1,545

1,862

1,868

323

0

0

0

-

-

-

-

4,793

0

0

0

Proceeds from noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

358

358

358

351

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-49,994

-53,647

-49,375

-40,308

21,480

11,001

882

-16,696

-27,285

-10,993

2,392

13,672

22,851

19,452

7,657

2,512

-7,349

-13,760

-24,799

-20,067

-28,440

-36,449

-32,876

23,229

23,501

12,289

23,778

-49,583

-78,301

-51,916

-51,921

-38,835

-521

0

0

0

Discontinued operations:
Net cash provided by (used in) operating activities

-322

95

331

529

1,296

5,677

5,540

4,885

4,102

261

139

690

874

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

337

-336

-336

-536

-1,303

-5,416

-5,502

-4,861

-4,078

-246

-137

-696

-880

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flows (used in) provided by discontinued operations

15

-241

-5

-7

-7

261

38

24

24

15

2

-6

-6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of changes in exchange rates on cash and cash equivalents

5

-20

-12

-38

-88

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and restricted cash

98,194

105,165

94,413

93,888

-1,540

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of changes in exchange rates on cash and cash equivalents

-

-

-

-

-

-

-

-

-

77

-36

-37

-3

-97

-116

-106

-176

-1

-44

131

-8

133

178

-137

-8

-159

-125

-29

4

-37

-144

-127

-141

0

0

0

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

1,468

-418

-654

2,615

476

1,365

-19

942

-2,259

249

835

-1,464

888

-3,277

1,416

30

-17,540

-5,222

-13,094

-43,982

-3,586

-4,412

-5,661

26,819

0

0

0