Key energy services inc (KEG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Nov'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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,173

5,652

-26,670

6,347

9,109

34,371

114,828

121,943

100,655

137,295

99,860

60,644

70,349

0

0

0

Net loss

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense

52,899

56,969

62,900

70,124

76,579

82,639

84,098

83,404

83,597

84,542

89,546

101,899

116,845

131,296

146,969

158,772

168,812

180,271

184,912

190,566

196,854

200,738

210,137

216,175

222,199

225,297

226,558

222,400

216,644

213,783

204,076

193,613

181,013

169,604

0

0

0

-

-

-

-

Asset impairments

0

-

-

-

0

-

-

-

-

187

4,833

44,833

44,833

44,646

69,100

679,044

700,396

722,096

724,693

135,541

142,876

121,176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,732

84,732

41,457

41,457

0

0

0

0

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Bad debt expense

1,190

912

437

120

325

286

1,176

993

1,265

1,420

1,489

2,240

2,489

2,532

21,014

20,956

20,836

21,172

3,058

2,921

3,379

2,710

1,158

884

-237

634

1,429

1,651

2,084

1,299

1,140

1,490

2,134

2,559

5,646

5,524

4,724

3,849

0

0

0

Accretion of asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

604

600

602

603

594

599

599

601

594

0

0

0

-

-

-

-

Accretion of asset retirement obligations

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Gain (Loss) on Extinguishment of Debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46,451

0

0

0

-

-

-

-

Loss from equity method investments

-

-

-

-

-

-

-

-

-

-560

-921

-960

-364

-466

-72

-40

-54

39

252

117

105

25

-320

-284

-389

-447

-639

-756

-922

-926

-973

-903

-704

266

277

253

657

396

0

0

0

Amortization of deferred financing costs

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

2,724

2,713

2,689

2,664

2,760

2,643

2,319

2,150

2,022

2,112

2,418

2,615

0

0

0

Deferred Income Tax Expense (Benefit)

-

-

-

-

-

-

-

-

-

-35

1,261

1,148

1,007

787

-63,076

-177,172

-177,887

-189,327

-179,608

-87,761

-88,073

-82,922

-31,593

-16,551

-18,093

-11,929

-4,769

29,726

41,629

35,998

86,498

79,999

73,812

85,792

23,242

1,856

-1,819

-12,370

0

0

0

Capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,646

-1,735

657

-736

-2,211

-3,789

0

0

0

Capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on disposal of assets, net

6,398

5,870

6,001

5,610

4,518

9,618

7,998

11,451

32,126

27,583

27,291

19,740

-2,579

-4,707

-50,829

-50,005

-51,219

-51,531

-10,639

-9,608

-11,251

-8,686

-2,233

368

3,291

2,972

246

-2,003

-1,663

-1,661

2,601

2,713

3,059

3,726

622

619

471

-533

0

0

0

Share-based compensation

-205

684

4,827

5,238

4,326

5,910

592

2,334

5,967

7,591

13,669

10,844

7,451

5,740

5,627

6,592

8,963

10,173

9,870

10,484

11,371

10,949

11,396

11,493

11,939

13,785

14,188

14,255

14,046

13,306

14,139

14,967

15,866

15,609

15,364

14,759

13,382

12,111

0

0

0

Excess tax expense from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,240

-1,242

-1,568

-1,656

-1,848

-1,808

-1,463

-1,364

4,085

3,548

4,186

4,938

4,859

0

0

0

-

-

-

-

Excess tax expense from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital:
Accounts receivable

-23,500

-22,250

-22,243

-21,649

-12,020

5,220

21,409

28,226

20,630

-669

7,582

-7,174

-18,885

-41,574

-43,914

-83,508

-121,928

-151,489

-160,254

-113,883

-86,719

-54,024

-85,363

-131,422

-84,481

-54,003

-32,354

25,575

14,106

15,409

42,959

56,233

107,191

152,771

77,268

73,008

38,250

26,448

0

0

0

Other current assets

-3,006

1,891

-3,345

1,105

-6,508

-6,486

-5,209

-6,317

-8,085

-7,764

-59,341

-50,619

-47,136

-52,010

-9,996

-14,136

-12,377

-12,050

-6,582

-6,550

-7,532

2,471

6,087

1,115

-5,931

-5,915

-23,990

4,226

23,573

42,558

64,418

45,236

38,987

22,110

30,449

29,084

25,817

-36,731

0

0

0

Accounts payable, accrued interest and accrued expenses

-16,477

-1,061

-5,249

-4,646

-4,603

-564

2,534

4,384

-7,688

-13,017

-151,517

-141,065

-125,666

-135,557

11,615

-16,159

-54,974

-91,978

-80,412

-59,382

-27,739

15,114

-32,444

-55,642

-57,438

-82,318

-58,549

-8,108

36,354

60,665

60,964

27,967

41,080

3,720

34,908

42,418

-13,276

61,671

0

0

0

Share-based compensation liability awards

-171

-71

-577

-512

16

253

0

0

0

-

-

-

-

-227

-172

-1,350

-788

0

-323

-1,314

-1,810

-846

-886

2,048

1,500

954

1,331

605

695

1,555

1,799

1,672

2,158

385

0

0

0

-

-

-

-

Share-based compensation liability awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other assets and liabilities

-392

4,116

-4,184

-4,829

-6,217

-6,139

-4,549

-3,742

3,508

-6,427

-121,701

-122,187

-120,662

-102,135

-46,318

-51,230

-29,745

-19,179

12,833

32,824

6,058

-11,212

-3,892

-49,370

-36,360

-41,911

-14,304

29,449

14,568

-6,734

26,430

20,141

20,196

48,964

9,221

849

7,866

4,255

0

0

0

Net cash used in operating activities

-36,099

-29,011

-3,568

2,050

10,237

-1,845

-17,796

-39,437

-62,144

-51,367

-82,273

-98,247

-121,032

-138,449

-106,357

-88,578

-49,786

-22,386

17,246

55,702

115,810

164,168

197,709

289,230

254,775

228,643

261,283

224,489

314,902

369,660

350,698

350,296

302,539

188,305

142,380

94,971

24,137

129,805

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Payments to Acquire Productive Assets

13,944

18,302

25,497

32,724

33,131

37,535

34,990

26,016

23,083

16,079

10,671

10,650

8,220

8,481

9,321

13,200

24,514

40,808

92,426

124,885

152,109

161,639

161,236

160,989

155,518

164,137

158,446

210,409

314,866

447,160

512,922

490,348

421,096

359,097

325,155

290,464

255,334

180,310

0

0

0

Proceeds from sale of assets

13,924

14,563

11,810

11,308

10,849

15,403

13,103

17,761

39,935

32,992

33,493

30,625

7,590

15,025

22,686

19,366

25,355

20,810

15,056

18,555

17,560

15,844

22,014

20,614

18,056

17,256

13,978

11,783

10,535

17,127

15,947

16,556

15,865

14,100

246,532

244,898

262,397

258,202

0

0

0

Acquisition of the 50% noncontrolling interest in Geostream

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

595

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of the 50% noncontrolling interest in Geostream

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Dividend from equity method investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165

0

0

0

Net cash provided by (used in) investing activities

-20

-3,739

-13,687

-21,416

-22,282

-22,132

-21,887

-8,255

16,852

16,913

22,822

19,975

-630

6,544

13,365

6,166

1,036

-19,403

-81,810

-108,930

-135,794

-146,840

-134,632

-137,625

-136,247

-160,881

-159,068

-211,226

-317,622

-428,709

-494,080

-661,526

-580,324

-520,090

-341,975

-120,289

-79,625

-8,631

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from long-term debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

205,000

205,000

205,000

205,000

475,000

0

0

0

-

-

-

-

Repayments of long-term debt

1,250

1,875

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

290,751

300,773

313,262

313,424

25,335

15,476

2,362

1,575

788

0

0

3,573

3,573

3,573

3,573

0

0

0

0

-

-

-

-

421,427

460,509

460,509

466,966

6,970

0

0

0

Repayments of finance lease obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

393

702

1,331

1,667

1,959

2,572

2,891

3,452

4,016

4,695

6,633

7,536

8,493

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowings on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130,000

170,000

275,000

281,000

260,000

245,000

180,000

195,000

220,000

235,000

235,000

240,000

275,000

290,000

470,000

422,000

418,000

443,000

223,000

206,000

110,000

0

0

0

Repayments on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,000

250,000

315,000

266,000

275,000

315,000

325,000

305,000

300,000

305,000

240,000

225,000

405,000

335,000

370,000

342,000

123,000

265,813

220,813

193,813

197,813

0

0

0

Payment of deferred financing costs

2,196

811

0

0

0

-

-

-

-

350

2,390

2,390

2,390

2,040

389

389

11,336

11,461

11,072

11,072

125

0

0

0

23

69

119

132

222

4,597

5,017

6,379

6,266

16,485

0

0

0

-

-

-

-

Repurchases of common stock

46

39

0

0

0

-

-

-

-

-

-

-

-

167

214

214

295

362

319

346

304

2,245

2,266

2,273

2,885

3,196

3,238

3,236

3,045

7,519

7,658

7,699

7,833

5,681

6,214

6,140

5,702

3,098

0

0

0

Proceeds from exercise of warrants

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Stock Options Exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

901

1,066

3,971

6,065

8,000

9,682

6,858

5,247

4,100

0

0

0

Excess tax expense from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-1,240

-1,242

-1,568

-1,656

-1,848

-1,808

-1,463

-1,364

4,085

3,548

4,186

4,938

4,859

0

0

0

-

-

-

-

Excess tax expense from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

26,245

-2,885

-3,433

-3,612

-2,778

-2,777

-3,380

-3,140

-3,196

-3,547

62,931

52,393

39,827

18,759

-47,829

-37,775

169,861

218,729

210,070

251,163

11,701

-22,058

-77,068

-152,414

-118,252

-85,492

-75,091

-15,639

9,703

73,946

166,547

318,705

295,491

306,084

179,897

740

3,627

-100,205

0

0

0

Effect of changes in exchange rates on cash

-

-

-

-

-

-

-

-

-

-146

1,742

1,717

445

-20

-1,185

-1,772

-1,326

110

-3,781

4,098

3,253

3,728

6,771

-478

773

87

-844

-1,169

982

-4,391

-4,151

6,164

1,045

4,516

4,963

-7,821

-1,769

-1,735

0

0

0

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

-9,874

-35,635

-20,688

-22,978

-14,823

-26,754

-43,063

-51,122

-47,822

-38,147

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-113,166

-142,006

-121,959

119,785

177,050

141,725

202,033

-5,030

-1,002

-7,220

-1,287

1,049

-17,643

26,280

-3,545

7,965

10,506

19,014

13,639

18,751

-21,185

-14,735

-32,399

-53,630

19,234

0

0

0