Natural gas services group, inc. (NGS)
CashFlow / Quarterly
Mar'20Dec'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 income

4,082

-2,562

-12,232

832

98

-1,174

236

247

225

18,645

522

375

252

1,160

1,509

1,259

2,541

3,277

2,562

614

3,694

4,004

3,883

3,385

2,856

3,157

3,395

3,844

3,994

3,571

2,606

3,000

3,508

3,024

2,231

2,008

2,497

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

6,240

6,160

5,867

5,664

5,577

5,708

5,536

5,449

5,387

5,358

5,320

5,310

5,328

5,425

5,431

5,437

5,503

5,518

5,594

5,858

5,788

5,691

5,528

5,246

5,042

4,818

4,652

4,436

4,238

4,143

3,980

3,797

3,787

3,724

3,545

3,433

3,292

Deferred income taxes

337

-

-1,285

288

68

-

-37

122

48

-

-624

-1,343

-1,266

-

-1,003

-905

135

-

-752

-2,468

591

-

-312

46

40

-

1,669

1,619

2,448

-

1,690

1,787

2,150

-

1,315

1,147

1,502

Stock-based compensation

502

802

643

642

495

656

653

648

428

807

815

884

1,532

560

553

538

648

929

922

900

794

806

800

889

749

548

536

465

133

360

372

363

323

256

362

267

183

Bad debt allowance

21

609

0

45

10

-48

-35

-52

-50

20

10

0

60

0

0

32

29

75

31

211

160

121

0

-49

49

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

68

18

0

15

22

20

0

49

0

38

0

22

27

37

24

0

25

98

31

6

44

1

119

40

0

48

0

-1

1

-

-

-

0

15

0

27

675

Loss (gain) on company owned life insurance

-262

73

14

32

99

-138

40

12

-67

32

18

5

12

7

3

1

3

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Gain on extinguishment of liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

223

-

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Trade accounts receivables

1,434

-1,510

-159

1,130

3,089

-945

-1,294

1,604

-865

1,391

1,002

1,490

-2,637

2,046

320

-5,803

1,769

1,625

-1,855

25

-619

1,017

2,399

457

-94

1,387

-940

887

-1,261

2,960

-878

1,505

-2,575

1,726

-827

-2,423

1,924

Inventory

-1,616

-6,395

-661

-5,186

3,986

11,409

-3,634

-2,658

-15

3,916

2,688

278

-1,661

2,425

-377

-388

-2,791

-1,425

1,047

187

-5,146

1,217

3,442

2,521

-1,068

-726

1,355

1,436

-1,742

-144

-76

143

-379

3,106

1,105

2,927

-1,662

Federal income tax receivable

14,992

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and prepaid income taxes

-344

-3,090

-220

171

-149

162

737

167

-488

840

-399

3,341

-1,930

935

-928

1,697

-165

-3,487

2,977

-3,773

-1,491

973

2,088

2,514

-1,578

-67

614

1,671

-348

103

19

-15

174

-221

12

-453

-1,302

Changes in operating assets and liabilities:
Accounts payable and accrued liabilities

1,013

-8,279

5,341

-1,213

-3,074

5,994

1,930

-1,788

-2,539

1,483

1,630

229

68

111

880

-1,498

68

-113

291

-1,169

-6,229

-1,659

2,360

1,206

-781

1,889

744

449

-1,928

-1,597

3,102

1,692

-1,334

1,502

101

-50

306

Deferred income

550

559

-32

-20

52

-53

-353

193

109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability increase due to tax law change

10,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,370

2,416

3,163

-289

-571

107

818

-516

447

-44

44

0

-

-

0

29

Deferred income

-

-

-

-

-

-

-

-

-

-

-

-

-1,741

-

1,343

372

-86

-718

804

-722

-728

-378

1,374

508

-742

-330

-1,109

846

-561

-1,477

-1,449

-3,537

3,627

2,546

802

301

825

Other

301

-

67

-117

-75

-

-95

-87

-85

-

-66

-469

-43

-

-49

-33

-51

-

52

-33

0

-

3

2

6

-

0

0

0

-

-

-

-

-

-

-

-

Tax benefit from equity compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

21

12

24

15

0

0

0

0

5

127

244

43

10

0

0

0

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

8,275

8,803

14,162

10,193

-3,746

653

12,176

5,732

5,128

2,115

4,239

680

10,465

2,275

9,708

9,769

10,033

6,746

9,847

13,691

11,282

8,067

8,266

8,616

9,615

10,847

8,978

8,484

10,935

3,872

11,192

5,513

14,841

9,559

8,037

7,028

8,999

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of rental equipment and property and equipment

6,679

16,537

23,999

20,172

9,230

11,250

11,870

8,233

8,712

7,644

4,305

1,443

144

-38

741

676

1,942

1,296

1,600

851

8,712

6,954

17,926

15,023

13,439

14,244

10,746

10,716

7,713

6,692

10,755

4,532

1,787

8,690

8,354

9,352

10,129

Purchase of company owned life insurance

54

95

96

71

40

52

46

52

139

49

42

436

93

52

37

57

48

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

68

4

0

15

11

20

0

49

0

38

0

22

27

52

24

0

25

76

31

38

44

1

199

40

0

-

-

-

-

-

-

-

-

39

0

28

952

Proceeds from insurance claims of property and equipment

0

24

0

0

11

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-6,665

-16,604

-24,095

-20,228

-9,248

-11,282

-11,916

-8,236

-8,851

-6,424

-4,347

-1,857

-210

38

-754

-733

-1,965

-1,220

-1,569

-813

-8,668

-6,953

-17,727

-14,983

-13,439

-14,149

-10,746

-10,716

-7,713

-6,687

-10,755

-4,532

-1,787

-8,651

-8,354

-9,324

-9,177

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments from other long-term liabilities, net

-2

0

-6

-5

-5

-10

-6

-10

-9

-10

-6

-3

-4

-6

-2

-3

-3

-6

-6

-7

-7

-9

-12

-12

-9

-9

-9

-7

-57

-5

-6

-4

-6

-4

0

0

0

Repayments of line of credit, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20

60

80

170

100

50

0

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

0

1

0

-50

555

0

523

0

157

583

0

0

517

567

27

54

352

43

183

58

492

-2

0

27

34

187

274

338

30

12

111

57

0

-75

0

0

198

Tax Benefit from equity compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

21

12

24

15

0

0

0

0

5

127

244

43

10

0

0

0

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of equity awards

149

90

0

-9

192

0

0

134

495

0

0

152

492

0

0

0

909

9

9

17

660

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES

-151

-89

-496

-46

358

-10

517

-144

-347

593

-6

-155

21

624

37

75

-545

28

168

34

-175

-6

95

199

-12

18

165

281

-27

-23

15

53

-6

-979

-83

0

198

NET CHANGE IN CASH AND CASH EQUIVALENTS

1,459

-7,890

-10,429

-10,081

-12,636

-10,639

777

-2,648

-4,070

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-114

-1,332

10,276

2,937

8,991

9,111

7,523

5,554

8,446

12,912

2,439

1,108

-9,366

-6,168

-3,836

-3,284

-1,603

-1,951

3,195

-2,838

452

1,034

13,048

-71

-400

-2,296

20

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid

3

-4

35

4

4

4

4

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

2

2

-

2

2

2

2

7

3

3

1

4

3

2

11

3

11

31

5

7

6

0

8

10

33

10

Income taxes paid

40

21

209

43

2

19

0

66

0

-563

1,085

3,203

0

1,030

360

2,885

1,550

3,345

2,095

1,090

0

-860

3,987

981

0

554

235

1,285

516

267

-1

1

0

-

-

-

0

NON-CASH TRANSACTIONS
Transfer of rental equipment to inventory

-

-

-

-

-

0

0

104

40

7

0

0

48

560

0

0

164

1,244

96

969

0

-

-

-

-

-

-

-

-

0

0

4,680

4,010

-

-

-

0

Transfer of prepaids to rental equipment and inventory

0

0

384

0

574

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right of use acquired through an operating lease

4

636

0

0

126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-