| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
-63,904 | -49,011 | -75,118 | -128,391 | -155,140 | -38,018 | -35,932 | 30,032 | 11,177 | -33,261 | -23,215 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||||
Depreciation, Depletion and Amortization | ||||||||||
90,884 | 93,554 | 98,777 | 114,312 | 150,939 | 183,376 | 187,918 | 164,717 | 132,832 | 120,811 | 106,186 |
Allowance for doubtful accounts, net of recoveries | ||||||||||
-79 | 271 | 53 | 156 | 248 | 1,445 | 801 | 76 | 787 | 521 | -1,170 |
Write-off of obsolete inventory | ||||||||||
570 | 0 | 0 | 101 | 0 | 331 | 152 | 0 | - | - | - |
Gain (Loss) on Disposition of Property Plant Equipment | ||||||||||
4,513 | 3,121 | 3,608 | 1,892 | 4,344 | 1,859 | 1,421 | 1,199 | - | - | - |
Gain on dispositions of property and equipment | ||||||||||
- | - | - | - | - | - | - | - | -151 | 1,629 | -56 |
Stock-based compensation expense | ||||||||||
2,770 | 4,443 | 4,349 | 3,944 | 3,629 | 7,617 | 6,371 | 7,319 | 6,705 | 6,675 | 7,216 |
Deferred Compensation Arrangement with Individual, Compensation Expense | ||||||||||
-112 | 47 | 1,609 | 1,971 | - | - | - | - | - | - | - |
Amortization of debt issuance costs and discount | ||||||||||
3,147 | 2,900 | 1,548 | 1,776 | 1,691 | 2,669 | 3,095 | 2,985 | 3,302 | 2,609 | 1,547 |
Gain on sale of fishing and rental services operations | ||||||||||
- | - | - | - | - | 10,702 | 0 | 0 | - | - | - |
Loss on extinguishment of debt | ||||||||||
- | - | -1,476 | -299 | -2,186 | -31,221 | 0 | 0 | - | - | - |
Impairment of investments | ||||||||||
- | - | - | - | - | - | - | - | - | 3,331 | 0 |
Asset Impairment Charges | ||||||||||
2,667 | 4,422 | 1,902 | 12,815 | 129,152 | 73,025 | 54,292 | 1,131 | 484 | 0 | 0 |
Deferred income taxes | ||||||||||
10,811 | -538 | 5,030 | 11,608 | 39,286 | 14,761 | 22,125 | -13,303 | -8,098 | 13,224 | -28,400 |
Change in other noncurrent assets | ||||||||||
-3,122 | -565 | 1 | -662 | -420 | -2,958 | 5,741 | 3,865 | -2,828 | 1,373 | -69 |
Change in other noncurrent liabilities | ||||||||||
-4,328 | -426 | 385 | -1,493 | -132 | -1,352 | -1,928 | -1,173 | -623 | 3,223 | -1,312 |
Changes in current assets and liabilities: | ||||||||||
Receivables | ||||||||||
-7,062 | 8,644 | 49,750 | -16,341 | -114,644 | 11,993 | 16,168 | 12,807 | 46,802 | 9,576 | -18,180 |
Inventory | ||||||||||
4,088 | 4,841 | 4,397 | 630 | -1,267 | 1,068 | 1,273 | 927 | 2,161 | 3,487 | 1,661 |
Prepaid expenses and other current assets | ||||||||||
809 | 1,140 | -744 | -310 | -1,769 | 55 | -3,729 | 1,266 | 1,965 | 2,598 | -2,703 |
Accounts payable | ||||||||||
3,638 | -1,272 | 12,409 | 1,969 | -30,514 | 7,167 | -166 | 2,431 | 9,331 | 7,458 | -2,243 |
Deferred revenues | ||||||||||
-383 | 420 | -348 | -3,985 | 1,922 | 2,616 | -3,181 | -86 | 297 | 3,261 | -763 |
Accrued expenses | ||||||||||
-12,811 | 950 | 9,183 | -1,526 | -35,732 | 424 | 6,157 | -1,305 | 20,438 | 15,610 | -10,680 |
Net cash provided by operating activities | ||||||||||
12,022 | 39,655 | -5,817 | 5,131 | 142,719 | 233,041 | 174,580 | 199,366 | 144,879 | 98,351 | 123,313 |
Cash flows from investing activities: | ||||||||||
Acquisition of production services business of Go-Coil | ||||||||||
- | - | - | - | - | - | - | - | 109,035 | - | - |
Acquisition of other production services businesses | ||||||||||
- | - | - | - | - | - | - | - | 6,502 | - | - |
Purchases of property and equipment | ||||||||||
50,046 | 67,148 | 63,277 | 32,381 | 159,615 | 175,378 | 165,356 | 364,324 | 210,066 | 131,003 | 114,712 |
Proceeds from sale of fishing and rental services operations | ||||||||||
- | - | - | - | - | 15,090 | 0 | 0 | - | - | - |
Proceeds from sale of property and equipment | ||||||||||
7,733 | 5,864 | 12,569 | 7,577 | 57,674 | 8,370 | 13,836 | 3,093 | 5,550 | 2,331 | 767 |
Proceeds from sale of auction rate securities | ||||||||||
- | - | - | - | - | - | - | - | -12,569 | 0 | 0 |
Proceeds from insurance recoveries | ||||||||||
1,469 | 1,082 | 3,344 | 37 | 285 | 0 | 844 | 0 | 0 | 531 | 36 |
Net cash used in investing activities | ||||||||||
-40,844 | -60,202 | -47,364 | -24,767 | -101,656 | -151,918 | -150,676 | -361,231 | -307,484 | -129,481 | -113,909 |
Cash flows from financing activities: | ||||||||||
Debt repayments | ||||||||||
- | - | 120,000 | 71,000 | 60,002 | 490,025 | 60,874 | 874 | 113,158 | 256,856 | 17,298 |
Proceeds from issuance of debt | ||||||||||
- | - | 245,500 | 22,000 | 0 | 440,000 | 40,000 | 100,000 | 250,750 | 274,375 | 0 |
Debt issuance costs | ||||||||||
- | - | 6,332 | 819 | 1,877 | 9,239 | 13 | 58 | 7,285 | 4,865 | 2,560 |
Tender premium costs | ||||||||||
- | - | - | - | - | 21,553 | 0 | 0 | - | - | - |
Proceeds from exercise of options | ||||||||||
0 | 12 | 0 | 183 | 781 | 8,368 | 1,266 | 693 | 2,884 | 238 | 0 |
Proceeds from Issuance of Common Stock | ||||||||||
- | - | 0 | 65,430 | 0 | 0 | - | - | 94,343 | 0 | 24,043 |
Purchase of treasury stock | ||||||||||
125 | 549 | 533 | 124 | 729 | 1,135 | 631 | 360 | 743 | 130 | 31 |
Net cash used in financing activities | ||||||||||
-125 | -537 | 118,635 | 15,670 | -61,827 | -73,584 | -20,252 | 99,401 | 226,791 | 12,762 | 4,154 |
Net decrease in cash, cash equivalents and restricted cash | ||||||||||
-28,947 | -21,084 | 65,454 | -3,966 | -20,764 | 7,539 | 3,652 | -62,464 | 64,186 | -18,368 | 13,558 |
Supplementary disclosure: | ||||||||||
Interest Paid | ||||||||||
37,342 | 36,624 | - | - | - | - | - | - | - | - | - |
Interest paid | ||||||||||
- | - | 25,082 | 24,516 | 22,506 | 43,690 | 46,274 | 44,317 | 26,955 | 17,529 | 7,917 |
Income tax paid | ||||||||||
3,964 | 3,556 | 1,431 | 671 | 2,691 | 5,012 | 3,154 | 731 | 952 | -39,778 | -8,889 |
Change in capital expenditure accruals | ||||||||||
-5,217 | 5,706 | -1,830 | 175 | -16,708 | -12,743 | 39,936 | -14,948 | - | - | - |
Noncash investing and financing activity: | ||||||||||