Ncs multistage holdings, inc. (NCSM)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Mar'16
Cash flows from operating activities
Net loss

-48,907

19

6,609

-19,568

-9,878

-202,044

7,766

-2,818

11,865

-3,852

3,541

-4,745

6,348

-8,126

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

2,585

2,603

2,614

2,632

2,587

4,549

4,429

4,439

4,420

7,116

7,298

6,651

6,586

6,223

Impairment

50,194

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred loan cost

75

76

75

78

83

83

83

84

84

84

71

109

180

183

Share-based compensation

2,883

3,162

2,854

3,468

3,058

2,733

2,865

2,958

2,374

2,219

2,053

1,499

337

335

Provision for inventory obsolescence

237

478

468

47

-98

454

361

450

408

-

-

-

-

-

Deferred income tax (benefit) expense

-1,238

-281

3

142

9,136

-26,692

37

-999

-1,186

-6,057

-4,325

-6,433

-2,144

-2,560

Loss (gain) on sale of property and equipment

-46

12

281

-31

50

-113

23

-1

17

-7

-4

-11

55

174

Foreign exchange (gain) loss on financing item

-

-

-

-

-

-

-

-

-

0

-20

2,623

-843

-5,445

Change in fair value of contingent consideration

-

0

0

0

37

133

-1,865

213

-1,353

-

-

-

-

-

Provision for doubtful accounts

383

1,785

253

889

573

-

-

-

-

-

-

-

-

-

Payment of contingent consideration

-

0

0

0

3,042

-

-

-

-

-

-

-

-

-

Proceeds from note receivable

276

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable—trade

2,716

-14,287

16,216

-12,976

6,312

-6,574

17,540

-20,103

13,350

-6,611

12,503

-8,250

11,848

-6,963

Inventories, net

442

-579

3,589

3,326

1,303

1,420

1,920

1,447

-1,838

-2,082

7,824

4,345

521

-1,155

Prepaid expenses and other assets

2,645

235

-480

83

-326

-1,613

171

1,589

477

-55

-432

382

219

421

Accounts payable—trade

343

-9,692

6,928

1,882

3,462

-6,740

5,372

-1,122

2,709

-2,772

-1,043

89

-29

-2,520

Accrued expenses

494

234

-166

428

-1,177

-59

-1,087

1,259

-2,543

-688

2,124

1,336

71

-188

Other liabilities

1,758

-801

360

-388

-777

-1,436

532

-224

508

-376

808

197

-876

257

Income taxes receivable/payable

282

932

-1,649

1,956

364

703

1,281

-5,514

-13,579

3,876

5,355

2,673

3,891

-1,394

Net cash provided by (used in) operating activities

3,608

13,134

-1,257

9,083

-3,011

6,411

120

15,794

-8,299

13,245

-4,171

4,476

2,564

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

5,178

Cash flows from investing activities
Purchases of property and equipment

458

1,133

910

1,575

2,505

3,782

4,284

1,947

1,121

34

1,459

2,292

1,581

63

Purchase and development of software and technology

-

0

-46

-194

491

2,087

1,874

659

55

-

-

-

-

-

Proceeds from sales of property and equipment

20

556

567

80

169

101

66

122

110

173

44

66

71

215

Proceeds from short-term note receivable

-

-

-

-

-

-

-

-

-

-

0

0

1,000

-

Acquisitions of businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

227

74,932

124

5,872

-

Net cash used by investing activities

-438

-577

-297

-1,301

-2,827

-5,768

-6,092

-2,484

-1,066

-142

-76,347

-2,350

-6,382

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

152

Cash flows from financing activities
Equipment note borrowings

-

0

0

0

835

-

-

-

-

0

0

783

750

-

Payments on equipment note and finance leases

432

469

422

2,811

1,319

985

591

356

490

546

78

66

14

-

Line of credit borrowings

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

Promissory note borrowings

-

-

-

-

-

307

169

2,933

1,951

2,454

3,586

2,493

462

-

Payments on promissory note

-

-

-

-

-

307

617

5,899

1,850

-

-

-

-

-

Payment of contingent consideration

-

0

0

0

6,958

-

-

-

-

-

-

-

-

-

Payments related to public offering

-

-

-

-

-

-

-

-

-

0

0

1,595

583

-

Repayment of term note

-

-

-

-

-

-

-

-

-

0

0

86,077

3,000

-

Proceeds from issuance of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

50

Proceeds from the exercise of options for common stock, net

-

-

-

-

-

78

199

449

353

-

-

-

-

-

Treasury shares withheld

151

-15

21

0

309

-

-

-

-

-

-

-

-

-

Distribution to noncontrolling interest

3,050

2,600

2,800

0

600

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of ESPP shares

-

0

348

0

677

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

1,367

-6,054

-5,895

-7,682

-7,674

-1,721

-500

-2,873

-36

-104

20,775

65,747

-2,385

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

50

Effect of exchange rate changes on cash and cash equivalents

-295

222

-208

91

365

-1,231

435

-640

-728

588

-26

138

-92

623

Net change in cash and cash equivalents

4,242

6,725

-7,657

191

-13,147

-2,309

-6,037

9,797

-10,129

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-59,769

68,011

-6,295

6,003

Supplemental cash flow information
Cash paid for income taxes (net of refunds)

-

-

-

-

-

-566

2,092

5,378

15,452

683

53

2,926

371

-

Noncash investing and financing activities
Leased assets obtained in exchange for new finance lease liabilities

301

-

-

-

837

-

-

-

-

-

-

-

-

-

Leased assets obtained in exchange for new operating lease liabilities

2,572

-

-

-

179

-

-

-

-

-

-

-

-

-

Unpaid costs related to public offering

-

-

-

-

-

-

-

-

-

-

-

-

708

-

Assets obtained by entering into finance leases

-

-

-

-

-

-

-

-

-

633

416

0

43

-