Newpark resources, inc. (NR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net income (loss)

-12,946

32,281

-6,148

-40,712

-90,828

102,278

65,323

60,032

80,017

41,626

-20,573

Adjustments to reconcile net income (loss) to net cash provided by operations:
Goodwill impairment

11,400

0

0

-

-

-

-

-

-

-

-

Impairments and other non-cash charges

-

-

-

12,523

75,508

0

176

443

-

225

1,166

Depreciation and amortization

47,144

45,899

39,757

37,955

43,917

42,030

44,198

32,821

28,971

27,010

28,138

Stock-based compensation expense

11,640

10,361

10,843

12,056

14,202

12,304

9,699

7,103

4,535

3,876

3,437

Provision for deferred income taxes

4,250

-236

10,350

-3,352

503

2,328

7,832

1,358

26,623

18,030

-6,916

Credit loss expense

1,792

2,849

1,481

2,416

1,886

1,252

416

1,709

2,400

478

-2,301

Loss on sale of a business

0

0

-21,983

0

0

33,974

0

-

-

-

-

Gain on sale of assets

10,801

1,821

5,478

2,820

1,364

1,369

3,178

-724

-630

-257

-233

Loss on extinguishment of debt

-

-

-

1,615

0

0

-

-

-

-

-

Gain on insurance recovery

0

606

0

0

-

-

-

-

-

-

-

Amortization of original issue discount and debt issuance costs

6,188

5,510

5,345

1,618

1,842

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

204

1,278

2,146

-

-

-

-

Change in assets and liabilities:
Decrease in receivables

-40,182

7,388

73,722

1,699

-122,399

53,494

-32,172

-23,565

135,303

75,829

-89,340

Decrease in inventories

-699

30,352

15,097

-16,044

-21,309

14,136

-16,431

28,758

48,129

8,085

-35,182

Increase in other assets

1,032

-1,055

-986

-1,708

651

546

-4,574

641

434

-1,898

800

Decrease in accounts payable

-8,318

2,449

14,153

-5,213

-31,974

23,606

-17,733

13,702

30,425

2,810

-28,710

Decrease in accrued liabilities and other

-9,434

2,930

54,628

-24,518

-34,022

14,828

9,803

-1,813

-3,293

19,694

-13,979

Net cash provided by operating activities

72,286

63,403

38,381

11,095

121,517

89,173

151,903

110,245

-13,558

31,476

88,819

Cash flows from investing activities:
Capital expenditures

44,806

45,141

31,371

38,440

69,404

106,973

67,929

43,955

36,897

12,134

18,544

Proceeds from sale of a business

-

-

-

-

-

89,766

13,329

-

-

-

-

Business acquisitions, net of cash acquired

18,692

249

44,750

4,420

0

0

6,776

53,075

26,775

-

-

Increase in restricted cash

-

-

-

-

-

0

0

-

-

-

-

Proceeds from sale of property, plant and equipment

13,734

2,612

7,747

4,540

2,523

3,205

1,313

863

522

1,585

1,400

Proceeds from insurance property claim

0

1,000

0

0

-

-

-

-

-

-

-

Refund of proceeds from sale of a business

0

13,974

0

0

-

-

-

-

-

-

-

Net cash used in investing activities

-49,764

-55,752

-68,374

-38,320

-66,881

-14,002

-60,063

-96,167

-63,150

-10,549

-17,144

Cash flows from financing activities:
Borrowings on lines of credit

327,983

347,613

176,267

6,437

11,036

62,164

254,390

364,426

27,619

141,497

116,000

Payments on lines of credit

335,613

352,582

93,700

14,269

12,544

62,445

328,086

296,944

9,951

231,613

171,701

Proceeds from 2021 Convertible Notes

-

-

-

100,000

0

-

-

-

-

-

-

Repayments of Convertible Debt

-

-

-

87,271

-

-

-

-

-

-

-

Purchases of 2017 Convertible Notes

-

-

-

-

0

-

-

-

-

-

-

Proceeds from Convertible Notes due 2021

-

-

-

-

-

0

-

-

-

-

-

Payment on 2017 Convertible Notes

0

0

83,252

0

0

0

-

-

-

-

-

Debt issuance costs

1,214

149

955

5,403

2,023

0

0

-

-

-

-

Principal payments on notes payable and long-term debt

-

-

-

-

-

-

-

40

219

30,457

10,439

Proceeds from senior notes, net of offering costs

-

-

-

-

-

-

-

-

-

167,756

-

Proceeds from employee stock plans

1,314

3,874

2,424

725

553

3,442

8,328

1,059

3,588

3,591

143

Post-closing payments for business acquisitions

-

-

-

-

-

-

-

11,892

2,055

-

-

Purchases of treasury stock

21,737

3,870

3,239

1,226

2,283

53,130

9,281

50,756

644

153

268

Other financing activities

-259

601

165

357

-1,673

-467

-25

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-

204

1,278

2,146

-

-

-

-

Net cash provided by financing activities

-29,526

-4,513

-2,290

-650

-6,730

-49,158

-72,528

5,853

18,338

50,621

-66,265

Effect of exchange rate changes on cash

-399

-4,332

2,444

-1,449

-8,335

-6,801

-318

1,668

607

-72

-2,128

Net decrease in cash, cash equivalents, and restricted cash

-7,403

-1,194

-29,839

-29,324

39,571

19,212

18,994

21,599

-57,763

71,476

3,282

Cash paid (received) for:
Income taxes (net of refunds)

-

-

-

-

10,866

56,568

31,101

24,508

29,675

7,395

5,179

Interest

-

-

-

-

8,464

9,865

10,189

8,355

7,794

7,956

7,564