| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
-75,436 | -18,182 | -21,156 | -154,749 | |||
Adjustments to reconcile net loss to net cash | ||||||
Depreciation, Depletion and Amortization | ||||||
49,519 | 46,683 | 45,687 | 78,661 | |||
Impairment expense | ||||||
36,215 | 0 | - | - | |||
Gain on disposition of assets | ||||||
10,897 | 7,785 | 10,500 | -1,268 | |||
Non-cash interest expense | ||||||
351 | 1,032 | 5,960 | 845 | |||
Fixed asset impairment | ||||||
- | - | - | 1,380 | |||
Goodwill impairment | ||||||
- | - | - | 15,051 | |||
Loss on debt extinguishment | ||||||
0 | -8,594 | 0 | 0 | |||
Provision for doubtful accounts | ||||||
2,423 | 1,103 | 289 | 142 | |||
Deferred income tax expense | ||||||
-58 | 92 | 50 | -42 | |||
Stock-based compensation | ||||||
8,928 | 17,898 | 0 | 0 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-32,888 | 19,398 | 46,869 | -9,688 | |||
Unbilled receivables | ||||||
-6,852 | 4,121 | 1,953 | 4,213 | |||
Inventories | ||||||
-1,862 | 770 | 3,144 | -1,559 | |||
Prepaid expenses and other current assets | ||||||
-6,174 | -1,442 | -1,812 | -3,894 | |||
Other noncurrent assets | ||||||
79 | 3 | 1,439 | -632 | |||
Accounts payable | ||||||
-14,415 | 10,647 | 6,969 | 8,842 | |||
Accrued liabilities | ||||||
-7,919 | 2,767 | 12,810 | -5,778 | |||
Other long-term liabilities | ||||||
-131 | -60 | -56 | -15 | |||
Net cash provided by operating activities | ||||||
36,277 | 39,939 | -11,540 | -42,835 | |||
Cash flows from investing activities: | ||||||
Purchases of property, plant and equipment | ||||||
35,247 | 64,957 | 21,244 | 7,340 | |||
Proceeds from sale of property, plant and equipment | ||||||
16,810 | 10,744 | 35,754 | 9,606 | |||
Net cash used in investing activities | ||||||
-18,437 | -54,213 | 14,510 | 2,266 | |||
Cash flows from financing activities: | ||||||
Proceeds from revolving debt | ||||||
7,500 | 41,500 | 11,035 | 35,159 | |||
Payments on revolving debt | ||||||
16,000 | 91,071 | 21,964 | 22,000 | |||
Proceeds from term loans | ||||||
0 | 0 | 5,000 | 28,600 | |||
Proceeds from warrants, net of issuance costs | ||||||
- | - | - | 5,961 | |||
Payments on term loans | ||||||
0 | 11,225 | 0 | 0 | |||
Payments on finance leases | ||||||
1,990 | 380 | 315 | 317 | |||
Payments on financed payables | ||||||
3,373 | 2,139 | 0 | 0 | |||
Issuance of units | ||||||
- | - | - | 1,000 | |||
Payment of deferred financing costs | ||||||
0 | 1,564 | 194 | 1,878 | |||
Prepayment premiums on early debt extinguishment | ||||||
0 | 1,346 | 0 | 0 | |||
Payments for treasury shares | ||||||
3,051 | 1,816 | 0 | 0 | |||
Proceeds from new shares issuance, net of underwriting commissions | ||||||
0 | 90,542 | 0 | 0 | |||
Payments of Stock Issuance Costs | ||||||
0 | 3,174 | 0 | 0 | |||
Net cash provided by financing activities | ||||||
-16,914 | 19,327 | -6,438 | 46,525 | |||
Net increase in cash and cash equivalents | ||||||
926 | 5,053 | -3,468 | - | |||
Net increase (decrease) in cash and cash equivalents | ||||||
- | - | - | 5,956 | |||
Supplemental cash flow information | ||||||
Cash paid for interest | ||||||
2,805 | 2,087 | 5,755 | 5,935 | |||
Income taxes paid | ||||||
491 | 105 | 77 | 198 | |||
Supplemental non-cash investing and financing activities | ||||||
Non-cash proceeds from sale of assets held for sale | ||||||
0 | 0 | 3,990 | 0 | |||
Fixed asset purchases in accounts payable and accrued liabilities | ||||||
2,999 | 4,900 | 934 | 93 | |||
Financed payables | ||||||
3,627 | 2,994 | 1,666 | 950 | |||
Non-cash finance lease additions | ||||||
8,887 | 53 | 70 | 0 | |||
Non-cash payment for property, plant and equipment | ||||||
0 | 3,279 | 711 | 0 | |||
Equity issued as payment for professional services | ||||||
- | - | - | 2,000 | |||
Debt conversion of Former Term Loan to equity | ||||||
0 | 33,631 | 0 | 0 | |||
Conversion of accrued interest to debt | ||||||
0 | 0 | 4,202 | 126 | |||
Issuance of common shares for members’ equity | ||||||
0 | 212,630 | 0 | 0 | |||