| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash Flows from Continuing Operating Activities: | ||||||
Net Loss | ||||||
98,334 | 83,422 | 39,529 | - | - | ||
Net Loss | ||||||
- | - | - | -133,150 | -26,846 | ||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation and amortization | ||||||
64,012 | 68,841 | 60,307 | 58,069 | 61,729 | ||
Deferred financing costs amortization | ||||||
1,182 | 2,018 | 2,344 | - | - | ||
Director share awards | ||||||
894 | 893 | 681 | - | 0 | ||
Restricted stock amortization | ||||||
5,046 | 3,494 | 638 | - | - | ||
Restricted stock vesting | ||||||
577 | 88 | -88 | - | - | ||
Amortization of deferred gains against charter expense | ||||||
- | 8,037 | 8,118 | 8,199 | 8,199 | ||
Debt discount amortization | ||||||
5,662 | 5,348 | 4,448 | 7,397 | 683 | ||
Amortization of share awards | ||||||
- | - | - | - | 0 | ||
Bad debt recoveries | ||||||
-404 | -880 | -1,283 | 4,280 | 0 | ||
Loss (gain) from equipment sales, retirements or impairments | ||||||
-5,397 | -11,268 | -23,623 | -116,222 | -17,017 | ||
Loss on sale of Emergency Response Rescue Vessels ("ERRV") | ||||||
-9,106 | - | - | - | - | ||
Gain from other sales | ||||||
- | 428 | - | - | - | ||
Marketable security (gains) losses, net | ||||||
- | - | 10,931 | -45 | -3,820 | ||
Purchases of marketable securities | ||||||
- | - | - | 22,997 | 36,648 | ||
Proceeds from sale of marketable securities | ||||||
- | - | 51,877 | 9,169 | 6,471 | ||
Derivative (gains) losses | ||||||
71 | 2,854 | 20,256 | 2,995 | -2,766 | ||
Cash settlement on derivative transactions, net | ||||||
536 | -1,372 | 512 | 1,432 | - | ||
Foreign currency losses, net | ||||||
1,661 | 1,397 | 1,671 | - | - | ||
Cash settlements on derivative transactions, net | ||||||
536 | -1,372 | 512 | 1,432 | -1,256 | ||
Currency losses | ||||||
- | - | - | -3,312 | -27 | ||
Deferred income taxes | ||||||
-12,867 | -22,737 | -61,006 | -48,048 | -16,486 | ||
Other, net | ||||||
- | - | - | 1,484 | 0 | ||
Equity losses | ||||||
-14,304 | -3,552 | 3,851 | -6,314 | 8,757 | ||
Dividends received from equity investees | ||||||
2,073 | 1,724 | 2,642 | 777 | 3,927 | ||
Accounts receivables | ||||||
-8,487 | 18,621 | -31,263 | -5,637 | -39,872 | ||
Other assets | ||||||
-103 | -1,054 | -6,243 | 18,086 | -1,691 | ||
Accounts payable and accrued liabilities | ||||||
4,309 | -23,239 | -2,703 | -6,985 | -22,120 | ||
Net cash provided by (used in) operating activities | ||||||
- | - | - | -29,186 | 20,203 | ||
Net cash used in operating activities | ||||||
9,447 | -59,345 | 37,636 | - | - | ||
Cash Flows from Continuing Investing Activities: | ||||||
Purchases of property and equipment | ||||||
55,456 | 51,578 | 68,983 | 100,884 | 87,765 | ||
Cash settlements on derivative transactions, net | ||||||
- | - | 369 | 373 | 0 | ||
Proceeds from disposition of property and equipment | ||||||
56,183 | 20,140 | 10,701 | 41,919 | 15,698 | ||
Payments received on third party notes receivable, net | ||||||
- | - | - | 124 | - | ||
Return of investments and advances from 50% or less owned companies | ||||||
461 | 16,263 | 7,553 | - | - | ||
Return of investments and advances of 50% or less owned companies | ||||||
- | - | - | - | 15,173 | ||
(Issuances of) payments received on third party leases and notes receivable, net | ||||||
- | - | - | - | 13,150 | ||
Net (increase) decrease in restricted cash | ||||||
- | - | - | - | 0 | ||
Net change in construction reserve fund | ||||||
-15,168 | -17,300 | -32,848 | -60,406 | -6,817 | ||
Cash impact of sale of ERRV fleet | ||||||
5,140 | - | - | - | - | ||
Sale of subsidiary to joint venture | ||||||
- | 8,017 | - | - | - | ||
Investments in and advances to 50% or less owned companies | ||||||
17,417 | 43,725 | 5,469 | 16,863 | 24,976 | ||
Principal payments on notes due from equity investees | ||||||
22 | 116 | - | - | - | ||
Cash assumed on consolidation of 50% or less owned companies | ||||||
- | - | 1,943 | - | - | ||
Cash assumed on consolidation of 50% or less owned companies | ||||||
- | - | - | - | 0 | ||
Business acquisitions, net of cash acquired | ||||||
- | - | 9,751 | - | 0 | ||
Net cash provided by (used in) investing activities | ||||||
21,211 | -33,467 | -31,527 | - | - | ||
Cash Flows from Continuing Financing Activities: | ||||||
Net cash (used in) investing activities | ||||||
- | - | - | -15,671 | -88,203 | ||
Payments on long-term debt | ||||||
23,974 | 49,405 | 11,926 | 27,152 | - | ||
Payments on long-term debt and capital lease obligations | ||||||
- | - | - | - | 6,763 | ||
Proceeds from Issuance of long-term debt, net of offering costs | ||||||
- | - | - | - | 168,556 | ||
Payments on advances and notes with SEACOR Holdings, net | ||||||
- | - | - | - | -50,890 | ||
Distribution of SEACOR Marine restricted stock to Company personnel by SEACOR Holdings | ||||||
- | - | -2,656 | - | 0 | ||
Issuance of stock | ||||||
- | 42,996 | - | - | - | ||
Issuance of warrants | ||||||
- | 12,809 | - | - | - | ||
Purchase of subsidiary shares from noncontrolling interests | ||||||
3,392 | - | 3,693 | - | - | ||
Proceeds from issuance of long-term debt, net of issue costs | ||||||
- | 62,017 | 6,545 | 42,947 | - | ||
Contributions from SEACOR Holdings | ||||||
- | - | - | - | 6,900 | ||
Distributions to SEACOR Holdings | ||||||
- | - | - | - | -1,845 | ||
Purchase of subsidiary shares from noncontrolling interests | ||||||
- | - | - | - | 0 | ||
Purchase of subsidiary shares from noncontrolling interests | ||||||
- | - | - | -205 | -857 | ||
Proceeds from exercise of stock options and Warrants | ||||||
1,424 | 833 | - | - | - | ||
Net cash used in financing activities | ||||||
-25,942 | 69,250 | -11,730 | 15,590 | 115,101 | ||
Effects of Exchange Rate Changes on Cash and Cash Equivalents | ||||||
-17,642 | -699 | -1,236 | -2,479 | - | ||
Net Decrease in Cash, Restricted Cash and Cash Equivalents | ||||||
-12,926 | -24,261 | -6,857 | - | - | ||
Cash Flows from Discontinued Operations: | ||||||
Operating Activities | ||||||
5,992 | 6,320 | -2,897 | - | - | ||
Investing Activities | ||||||
-5,569 | 2,318 | 104 | - | - | ||
Effects of Exchange Rate Changes on Cash, Restricted Cash and Cash Equivalents | ||||||
2,698 | -75 | 3,430 | - | - | ||
Net Decrease in Cash, Restricted Cash and Cash Equivalents on Discontinued Operations | ||||||
3,121 | 8,563 | 637 | - | - | ||
Net Decrease in Cash, Restricted Cash and Cash Equivalents | ||||||
-9,805 | -15,699 | -6,220 | -31,746 | - | ||
Effects of Exchange Rate Changes on Cash and Cash Equivalents | ||||||
- | - | - | - | -1,628 | ||
Net Increase (Decrease) in Cash and Cash Equivalents | ||||||
- | - | - | - | 45,473 | ||
ERRV Fleet Business | ||||||
Proceeds from disposition of property and equipment | ||||||
27,390 | - | - | - | - | ||