Parker drilling co /de/ (PKD)
CashFlow / Quarterly
Dec'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 (Loss) Attributable to Parent

-2,121

3,989

4,641

-90,248

-43,073

-70,951

-22,877

-28,796

-28,693

-20,311

-29,888

-39,809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-46,228

-39,822

-95,835

-35,646

-48,482

-13,934

3,778

8,139

12,877

15,837

-12,392

10,115

8,118

8,374

572

-20,167

10,831

20,108

26,326

-90,170

20,649

14,116

4,760

Adjustments to reconcile net income (loss):
Depreciation, Depletion and Amortization

20,779

20,329

20,391

25,102

24,340

27,520

27,136

28,549

29,122

30,067

30,982

32,202

33,190

34,474

36,317

35,814

37,720

39,584

38,351

40,539

38,455

36,149

36,180

34,337

36,379

35,882

32,280

29,512

27,660

29,779

27,959

27,619

29,625

27,580

27,332

27,599

Accretion on contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

419

279

241

306

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposition of assets, net

371

-92

-53

384

-1,598

9

-478

343

-2,483

97

-113

-352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reorganization items

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reorganization items

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-187

-2

-60

-1,043

383

-138

2,441

621

-457

1,019

-129

1,235

1,094

517

1,148

-492

606

1,368

492

1,666

623

366

1,004

Deferred tax expense (benefit)

703

1,948

3,254

-1,685

117

350

-353

-543

370

340

-292

-642

7,863

1,894

-4,106

63,411

-7,550

-6,867

23,430

-6,304

1,436

8,431

3,934

-12,292

-173

11,072

3,407

-1,607

7,434

-2,029

5,420

5,012

-68,111

12,542

6,373

821

Asset Impairment Charges

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reorganization items

-

-

-

62,470

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on debt modification

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-479

-29,673

0

-5,218

0

0

-

-

-

-

-

-

-

-

Expenses not requiring cash

2,495

2,506

3,680

2,575

660

461

2,923

1,107

-1,648

951

2,798

2,150

-

-

-

-

-

-

3,571

1,737

9,190

1,393

1,904

6,844

7,836

1,939

810

7,179

6,876

3,935

4,790

6,999

1,759

2,719

3,902

4,453

Change in assets and liabilities:
Accounts receivable

-672

4,534

-5,473

32,842

-411

15,254

-3,787

4,179

-5,280

8,055

1,979

4,874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenses not requiring cash

-

-

-

-

-

-

-

-

-

-

-

-

-

1,404

-4,300

-109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts and notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,480

-22,700

381

-

-11,571

-46,333

6,650

-

4,122

-5,160

6,226

-

-3,680

13,728

18,557

-

-15,487

-15,441

6,280

-

-7,587

2,316

9,747

Other assets

-

-

-

-

-

-

-

-

-

-1,397

-970

2,692

-

-6,274

2,688

304

-

-8,838

-12,735

20,087

-

-8,331

383

394

-

8,057

-14,729

8,018

-

-7,702

3,719

3,419

-

69

-11,559

-37,379

Rig materials and supplies

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

-

-

-

6,542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

-2,677

2,243

5,239

0

-5,341

434

1,899

-10,011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

14,747

-6,662

-12,731

55,780

-5,623

2,160

11,936

-17,962

9,806

-10,285

7,702

-15,937

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,728

7,575

-14,437

-

-30,553

-39,282

54,045

-

-16,328

13,994

-8,205

-

21,955

-27,290

17,747

-

21,252

-11,887

-19,550

-

12,431

-5,458

-23,504

Accrued income taxes

-1,198

1,252

-2,581

688

-940

620

-896

-48

107

-845

-389

1,665

-4,430

1,993

-385

-3,600

-652

-6,069

-3,850

2,614

2,740

-6,410

-4,137

150

7,577

698

619

1,560

-3,053

-3,972

1,373

-450

-

-

-

-

Net cash provided by (used in) operating activities

28,021

16,677

16,941

14,914

-13,534

-11,547

20,235

-12,204

31,139

-6,838

10,017

-27,585

24,023

-1,384

15,517

-15,715

53,258

5,759

35,862

67,231

58,116

40,778

71,949

31,624

36,162

79,411

18,684

27,240

11,672

82,496

59,766

35,765

47,170

82,816

55,142

40,757

Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment

24,369

21,653

25,085

9,231

18,547

19,471

23,625

8,924

9,697

18,277

12,108

14,451

7,960

4,737

8,368

7,889

15,728

17,864

21,150

33,455

28,404

44,921

68,743

37,445

52,789

39,319

33,514

30,023

43,885

38,127

50,098

59,433

48,558

42,464

48,713

50,664

Proceeds from the sale of assets

418

117

257

101

322

180

781

70

81

137

139

46

145

909

1,333

54

99

443

42

246

3,644

-1,052

1,720

1,626

2,685

2,632

1,351

1,550

441

1,156

1,604

736

2,110

1,072

792

1,561

Proceeds from insurance settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,500

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

250

Net cash provided by (used in) investing activities

-23,951

-21,536

-24,828

-9,130

-18,225

-19,291

-22,844

-8,854

-9,616

-18,140

-11,969

-14,405

-7,815

-3,828

-7,035

-7,835

-21,574

-17,421

-31,539

-30,709

-24,760

-45,973

-67,023

-35,819

-50,104

-36,687

-150,154

-28,473

-43,444

-36,971

-48,494

-58,697

-46,448

-41,392

-47,921

-48,853

Cash flows from financing activities:
Proceeds from issuance of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

400,000

0

225,000

125,000

0

-

-

-

-

-

-

-

-

Payment of term loan

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,000

125,000

0

0

-

-

-

-

-

-

-

-

Repayments of term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

30,000

2,500

2,500

11,301

418,699

125,000

45,000

2,500

2,500

0

6,000

6,000

6,000

6,000

6,000

6,000

3,000

Payments of debt issuance costs

225

0

275

490

0

3

292

1,148

0

0

0

0

-

-

-

-

0

637

0

1,359

0

205

152

7,273

191

5,595

5,079

307

-

-

-

-

-

-

-

-

Proceeds from rights offering

0

0

0

95,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of amounts borrowed under debtor in possession facility

0

0

0

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Predecessor preferred stock dividend

0

0

0

0

0

1,812

907

906

906

0

1,239

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shares surrendered in lieu of tax

0

0

0

0

3

78

48

122

107

217

260

352

130

209

500

317

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from borrowing under debtor in possession facility

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debtor in possession facility costs

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of common stock

-

-

-

-

-

-

-

-

0

0

0

25,200

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of convertible preferred stock

-

-

-

-

-

-

-

-

0

0

0

50,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Issuance of Preferred Stock and Preference Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of equity issuance costs

-

-

-

-

-

-

-

-

0

0

3

2,861

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt extinguishment costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

418

25,796

0

0

0

0

-

-

-

-

-

-

-

-

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-4,000

-2,000

-2,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

48

135

Excess tax (expense) from stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-134

-864

-753

-

7

-579

-420

-711

-235

330

335

365

720

-30

-159

-90

-621

-10

59

64

164

135

1,125

Net cash provided by (used in) financing activities

-225

-35,158

-275

84,510

9,022

-1,893

-1,247

-2,176

-1,013

-217

-1,502

71,987

-130

-209

-7,875

-2,317

-2,041

-630

-579

-31,779

-3,211

-2,940

-11,541

-51,433

174

50,125

117,391

-2,966

5,531

-8,865

-2,801

-5,941

-5,936

-5,836

18,679

-1,740

Net increase (decrease) in cash and cash equivalents and restricted cash

-

-

-

-

-

-

-

-23,234

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents and restricted cash

3,845

-40,017

-8,162

90,294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-25,195

-3,454

29,997

-

-5,421

607

-25,867

29,643

-12,292

3,744

4,743

30,145

-8,135

-6,615

-55,628

-13,768

92,849

-14,079

-4,199

-26,241

36,660

8,471

-28,873

-5,214

35,588

25,900

-9,836

Interest paid

-

-

-

-

-

-

-

-

-

-

0

20,588

-

20,587

0

20,588

0

20,588

0

20,805

262

20,243

872

20,443

19,391

1,022

21,398

425

19,913

503

15,060

1,929

14,369

2,088

14,395

1,933

Income taxes paid

-

-

-

-

-

-

-

-

1,199

2,961

2,711

1,551

2,199

2,470

4,938

4,734

4,581

5,191

11,835

4,601

10,907

2,114

9,542

4,131

5,798

2,653

5,656

2,929

3,736

8,191

11,298

17,009

15,602

1,214

3,537

1,389