| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||||
Net income/(loss) | ||||||||||||||||||||||
35,628 | 40,711 | 6,075 | -15,953 | -6,218 | -8,177 | -20,596 | -3,465 | 1,670 | -11,915 | -6,689 | - | - | - | - | - | - | - | - | - | - | - | - |
Net loss | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,291 | - | 54,661 | 41,213 | 13,652 | 8,828 | 8,996 | 3,768 | 3,667 |
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: | ||||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||||
16,710 | 16,473 | 16,266 | 16,068 | 16,430 | 16,437 | 16,265 | 16,105 | 16,466 | 16,464 | 16,293 | 16,113 | 16,385 | 16,365 | 16,192 | 15,894 | 13,536 | 8,303 | 4,857 | 4,626 | 3,966 | 3,034 | 2,466 |
Amortization of financing costs | ||||||||||||||||||||||
720 | 735 | 744 | 752 | 786 | 804 | 793 | 2,920 | 1,687 | 1,799 | 1,098 | 889 | 927 | 944 | 948 | 945 | 919 | 410 | 223 | 137 | 188 | 227 | 277 |
Unrealized (gain)/loss on derivatives | ||||||||||||||||||||||
1,446 | -667 | -6,070 | -3,906 | -6,669 | 1,051 | 1,707 | 6,368 | 3,771 | 652 | -2,370 | 951 | 24,381 | 6,528 | -4,369 | -12,582 | 7,389 | -5,111 | 1,386 | -305 | -19 | 1,690 | -33 |
Stock-based compensation expense | ||||||||||||||||||||||
651 | 890 | 1,305 | 1,288 | 1,230 | 1,324 | 1,632 | 1,161 | 1,277 | 1,175 | 1,524 | 1,146 | 1,161 | 1,068 | 1,009 | 1,001 | 1,288 | 865 | 896 | 786 | 758 | 758 | 8 |
Loss on disposal of assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,019 | 0 | 0 | -105 | - | - | - | - |
Gain on early extinguishment of debt | ||||||||||||||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | 4,117 | - | - | - | - | - | - | - | - | - | - | - | - |
Unrealized foreign currency (gain)/loss, net | ||||||||||||||||||||||
81 | -156 | 6 | -17 | -125 | -26 | -133 | -78 | -59 | 126 | 75 | 123 | -342 | 84 | -88 | 225 | -152 | -275 | 106 | -289 | -601 | -232 | -120 |
Other non-cash items, net | ||||||||||||||||||||||
391 | 417 | 202 | 169 | -74 | -23 | -23 | -67 | -45 | -16 | -15 | -49 | -19 | -216 | -20 | -77 | -18 | -21 | -21 | - | - | - | - |
Changes in operating assets and liabilities | ||||||||||||||||||||||
Trade receivables, net and accrued revenue | ||||||||||||||||||||||
-411 | -402 | 272 | 1,375 | 0 | -2 | -325 | 96 | 32 | 204 | -8 | -1,371 | 1,356 | -63 | -18 | -12,434 | 879 | 4,367 | -15,552 | 12,874 | 1,747 | 2,535 | 3,861 |
Prepaid expenses and other current assets | ||||||||||||||||||||||
189 | 717 | -428 | -167 | 434 | -20 | 291 | -189 | 652 | -666 | 784 | -175 | -469 | 265 | 35 | -1,786 | 1,789 | 417 | 46 | 243 | 280 | 664 | 249 |
Due from related parties | ||||||||||||||||||||||
2,259 | 4,072 | 20,548 | -13,471 | 14,450 | 9,568 | 7,026 | -4,955 | 5,033 | -10,638 | -5,015 | 17,763 | -6,617 | -12,163 | -8,830 | -1,915 | 33,035 | 20,706 | 19,890 | 69 | -91 | -1,103 | -126 |
Inventories | ||||||||||||||||||||||
-99 | 184 | 25 | -34 | -0 | -685 | 819 | -6 | -523 | 84 | -122 | -305 | 815 | -61 | -156 | 164 | -1,115 | 868 | -1,005 | -87 | -182 | 2,142 | 444 |
Other non-current assets | ||||||||||||||||||||||
-360 | 382 | 383 | 128 | -1 | 9 | -5 | 3 | 0 | 2 | 3 | -17 | -1 | 0 | -0 | - | - | - | - | - | - | - | - |
Trade accounts payable | ||||||||||||||||||||||
991 | -466 | 800 | 1,809 | -2,040 | -407 | 1,432 | 508 | -59 | 1,500 | -2,511 | 2,204 | -385 | -862 | -212 | -2,342 | 3,841 | -961 | 505 | -446 | 1,122 | 842 | 1,212 |
Accrued expenses and other liabilities | ||||||||||||||||||||||
397 | -1,159 | -503 | -7,060 | 2,975 | 1,497 | -412 | -45 | -2,745 | -132 | 516 | -944 | 938 | -968 | -198 | 2,803 | 3,679 | 1,152 | 1,409 | - | - | - | - |
Accrued expenses and other liabilities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -148 | 1,131 | 119 |
Due to related parties | ||||||||||||||||||||||
-26 | 26 | -478 | 478 | 0 | -18 | -315 | 289 | -767 | 790 | 22 | -545 | 23 | -59 | -115 | 150 | 22 | -83 | 93 | 7 | 33 | 153 | 217 |
Payments for drydocking costs | ||||||||||||||||||||||
2,004 | 553 | 575 | 24 | 298 | 279 | 1 | 0 | 41 | 24 | 395 | - | - | - | - | - | - | - | - | 1,077 | -199 | -123 | -215 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||||
49,571 | 52,110 | 8,693 | 13,281 | 4,850 | 1,310 | -10,559 | 16,302 | 8,625 | 19,910 | 12,410 | 2,898 | 4,454 | 14,967 | 29,782 | - | - | - | - | - | - | - | - |
Cash flows from investing activities: | ||||||||||||||||||||||
Net cash provided by operating activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,143 | 29,948 | 16,892 | 3,828 | 13,877 | 4,437 | 3,479 |
Vessel-related capital expenditures | ||||||||||||||||||||||
8,225 | 2,697 | 1,446 | 1,269 | 1,558 | 1,084 | 60 | 0 | 0 | 21 | 276 | 155 | 404 | 110 | 1,241 | 55,998 | 361,731 | 273,256 | 204,076 | 19,395 | 110,647 | 122,936 | 61,193 |
Restricted cash deposits | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,100 | 7,700 | 5,500 | 3,302 | - | - | - | - |
Proceeds from disposal of assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,577 | 0 | 0 | 136 | - | - | - | - |
Payments to acquire other fixed assets | ||||||||||||||||||||||
7 | 32 | 100 | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 0 | 18 | 144 | 108 | 191 | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||
-6,730 | -2,729 | -1,547 | -1,316 | -2,044 | -1,099 | -60 | -134 | 83 | -109 | -276 | -156 | -408 | -113 | -1,241 | - | - | - | - | - | - | - | - |
Cash flows from financing activities: | ||||||||||||||||||||||
Payments to acquire other fixed assets | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 58 | 47 | 79 |
Net cash used in investing activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -369,575 | -278,864 | -207,434 | -46,802 | -112,206 | -92,045 | -61,272 |
Proceeds from long-term debt borrowings | ||||||||||||||||||||||
- | - | - | 0 | 0 | 0 | 65,137 | 112,000 | 52,000 | 0 | 97,000 | - | - | - | - | 42,171 | 296,356 | 210,913 | 127,378 | - | - | - | - |
Repayment of long-term debt borrowings | ||||||||||||||||||||||
15,992 | 15,992 | 15,992 | 15,992 | 15,992 | 15,992 | 82,228 | 83,179 | 44,692 | 3,383 | 120,738 | 17,619 | 15,370 | 17,619 | 15,657 | 19,855 | 10,592 | 7,528 | 2,818 | 3,527 | 1,278 | 3,527 | 1,278 |
Purchase of treasury stock | ||||||||||||||||||||||
8,575 | 6,968 | 269 | 71 | 0 | 777 | 461 | 135 | 0 | 734 | 350 | 0 | 99 | 999 | 11,853 | - | - | - | - | - | - | - | - |
Financing costs paid | ||||||||||||||||||||||
- | - | - | 0 | 0 | 467 | 160 | 111 | 169 | 291 | 2,541 | 0 | 0 | 57 | 42 | 780 | 4,743 | 4,248 | 4,218 | - | - | - | - |
Cash proceeds from common share issuances | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 155,830 |
Payments relating to issuance costs | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 767 | 620 |
Net cash used in financing activities | ||||||||||||||||||||||
-24,585 | -22,982 | -16,261 | -16,063 | -15,992 | -17,236 | -17,713 | 28,573 | 7,148 | -4,420 | -26,629 | -17,619 | -15,470 | -18,676 | -27,553 | - | - | - | - | - | - | - | - |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
17 | -80 | -7 | -11 | -111 | -22 | -107 | -90 | -67 | 108 | 41 | - | - | - | - | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||||||||
18,272 | 26,317 | -9,121 | -4,110 | -13,297 | -17,048 | -28,440 | 44,652 | 15,789 | 15,488 | -14,454 | - | - | - | - | - | - | - | - | - | - | - | - |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -319 | 82 | -77 | - | - | - | - | - | - | - | - |
Net cash (used in)/provided by financing activities | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 275,265 | 194,821 | 120,341 | 65,337 | -1,278 | -4,295 | 153,930 |
Effects of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -143 | -276 | 94 | -346 | -601 | -232 | -120 |
Net increase/(decrease) in cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -11,742 | -3,739 | 909 | 24,377 | -58,309 | -54,371 | -70,105 | 22,017 | -100,209 | -92,135 | 96,017 |