| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
4,400 | -5,800 | -27,300 | -5,000 | |||
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
34,800 | 30,300 | 17,800 | 6,600 | |||
Impairment of goodwill | ||||||
0 | 9,000 | 0 | 0 | |||
Bad debt expense | ||||||
- | - | 300 | 600 | |||
Issuance of Class A and Class B Common Stock for settlement of interest on related party debt | ||||||
- | - | 5,200 | - | |||
Equity based compensation | ||||||
3,300 | 2,100 | 1,200 | 500 | |||
Other costs, net | ||||||
- | - | 0 | - | |||
(Gain) loss on sale of property, plant and equipment | ||||||
- | - | - | 100 | |||
Other costs, net | ||||||
-900 | -400 | - | - | |||
Changes in operating assets and liabilities | ||||||
Accounts receivable | ||||||
-5,200 | 13,500 | 12,400 | 8,700 | |||
Contract assets | ||||||
-1,900 | -2,900 | - | - | |||
Contract assets | ||||||
- | - | 4,700 | 1,300 | |||
Prepaid expenses | ||||||
- | - | 4,000 | -1,500 | |||
Inventory | ||||||
-1,100 | 3,400 | 0 | - | |||
Prepaid expenses | ||||||
200 | 900 | - | - | |||
Other assets | ||||||
-800 | 100 | 700 | - | |||
Accounts payable | ||||||
-1,100 | 200 | 2,600 | -1,200 | |||
Accounts payable - related party | ||||||
- | - | -2,400 | 2,400 | |||
Accrued expenses | ||||||
500 | 7,500 | 7,400 | -500 | |||
Other long-term liabilities | ||||||
300 | -1,100 | -300 | - | |||
Net cash provided by operating activities | ||||||
51,900 | 27,600 | -17,300 | -5,200 | |||
Cash Flows from Investing Activities | ||||||
Purchase of property and equipment | ||||||
24,200 | 75,900 | 21,700 | 11,200 | |||
Proceeds from disposal of property and equipment | ||||||
800 | 5,500 | 500 | 2,100 | |||
Acquisition costs, net of cash received | ||||||
0 | 4,000 | 47,700 | 16,300 | |||
Net cash used in investing activities | ||||||
-23,400 | -74,400 | -68,900 | -25,400 | |||
Cash Flows from Financing Activities | ||||||
Borrowings under line of credit facility | ||||||
26,700 | 56,000 | - | - | |||
Principal payments on Credit Facility | ||||||
35,200 | 37,600 | - | - | |||
Borrowings on Encina Master Financing Agreement, net of deferred financing costs | ||||||
0 | 39,100 | - | - | |||
Principal payments on Encina Master Financing Agreement | ||||||
9,800 | 2,500 | - | - | |||
Principal payments on ESCO Note Payable | ||||||
0 | 1,300 | - | - | |||
Principal payments on line of credit facility | ||||||
- | - | 12,000 | 2,600 | |||
Borrowings under line of credit | ||||||
- | - | 0 | - | |||
Borrowings on Encina Master Financing Agreement, net of deferred financing costs | ||||||
- | - | 100 | 4,500 | |||
Principal payments on Encina Master Financing Agreement | ||||||
- | - | 0 | - | |||
Principal payments on ESCO Note Payable | ||||||
- | - | 0 | - | |||
Principal payments on financing lease obligations | ||||||
4,800 | - | - | - | |||
Principal payments on financing lease obligations | ||||||
- | 9,600 | 1,900 | 500 | |||
Repurchase of Class A Common Stock | ||||||
700 | 0 | - | - | |||
Shares withheld on equity transactions | ||||||
400 | 0 | - | - | |||
Net Proceeds from Issuance Initial Public Offering | ||||||
- | - | 80,800 | - | |||
Proceeds from Related Party Debt | ||||||
- | - | 21,000 | - | |||
Payments of Stock Issuance Costs | ||||||
- | - | 3,900 | - | |||
Contributions from parent | ||||||
- | - | 4,000 | 34,100 | |||
Distributions to parent | ||||||
- | - | - | 3,000 | |||
Restricted cash | ||||||
- | - | - | 1,400 | |||
Net cash provided by financing activities | ||||||
-24,200 | 44,100 | 88,100 | 31,100 | |||
Increase in Cash and Cash equivalents | ||||||
4,300 | -2,700 | - | - | |||
Increase (decrease) in Cash and Cash equivalents, net | ||||||
- | - | 1,900 | 500 | |||
Supplemental Cash Flow Information | ||||||
Interest paid | ||||||
4,500 | -2,100 | 500 | 500 | |||
Supplemental Disclosure of Non-cash Investing and Financing Activities | ||||||
Capital expenditures | ||||||
-2,900 | 15,500 | -24,500 | 1,600 | |||
Additions to fixed assets through financing leases | ||||||
2,400 | -11,100 | - | - | |||
Initial operating lease right of use assets additions | ||||||
8,300 | 0 | - | - | |||
Non-cash additions to fixed assets through capital lease financing | ||||||
- | - | 10,700 | 300 | |||
Contribution of Magna | ||||||
- | - | - | 12,700 | |||
Issuance of Class A Common Stock to related party | ||||||
3,000 | 0 | - | 33,000 | |||
Issuance of Class A and Class B Common Stock for payment of related party debt | ||||||
- | - | 21,000 | - | |||
Issuance of Class A Common Stock for acquisition | ||||||
- | - | 5,000 | - | |||
Long-term obligation to related party | ||||||
- | - | 3,000 | - | |||
Seller's Notes for payment for acquisition | ||||||
- | - | 7,000 | - | |||