Solaris oilfield infrastructure, inc. (SOI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16
Assets
Current assets:
Cash and cash equivalents

46,027

66,882

51,686

29,719

9,351

25,057

2,077

5,442

26,413

63,421

53,996

70,088

1,778

3,568

Accounts receivable, net

47,901

38,554

44,115

44,343

40,330

39,746

34,578

27,104

20,066

12,979

9,543

7,131

5,521

4,510

Prepaid expenses and other current assets

4,049

5,002

5,246

5,785

4,358

5,492

8,473

9,852

6,189

3,622

4,011

5,387

2,913

403

Inventories

2,840

7,144

7,481

8,639

10,399

10,470

8,575

6,973

7,124

7,532

6,675

4,348

1,816

1,365

Total current assets

100,817

117,582

108,528

88,486

64,438

80,765

53,703

49,371

59,792

87,554

74,225

86,954

12,028

9,846

Property, plant and equipment, net

262,887

306,583

311,253

314,196

310,504

296,538

269,033

234,870

193,783

151,163

100,006

74,255

60,957

54,350

Non-current inventories

2,397

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

4,863

7,871

8,032

8,191

8,348

-

-

-

-

-

-

-

-

-

Goodwill

13,004

17,236

17,236

17,236

17,236

17,236

17,236

17,236

17,236

17,236

13,004

13,004

13,004

13,004

Intangible assets, net

3,566

3,761

3,956

4,151

4,345

4,540

4,735

4,930

5,125

5,335

67

62

42

36

Deferred tax assets

57,407

51,414

56,475

59,765

62,684

58,074

26,588

30,325

32,775

38,195

29,648

30,234

-

-

Other assets

585

625

660

701

1,424

1,454

1,529

1,076

1,152

260

239

238

1,057

-

Total assets

445,526

505,072

506,140

492,726

468,979

458,607

372,824

337,808

309,863

299,743

217,189

204,747

87,088

77,236

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

7,107

3,824

3,502

2,756

2,400

9,127

5,993

6,792

5,086

5,000

5,209

2,847

2,163

705

Accrued liabilities

15,639

14,447

16,834

15,688

9,969

12,658

15,408

13,841

13,067

15,468

4,733

3,380

2,551

2,144

Current portion of payables related to Tax Receivable Agreement

1,416

1,416

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of deferred revenue

-

-

12,990

12,990

12,990

12,990

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

587

596

598

587

565

-

-

-

-

-

-

-

-

-

Current portion of finance lease liabilities

30

30

30

30

35

35

35

35

33

33

33

33

26

26

Current portion of insurance premium financing

-

-

-

-

-

-

874

1,205

-

-

-

-

-

-

Other current liabilities

75

74

1,115

1,562

77

515

75

-

-

-

-

-

-

-

Current portion of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

212

169

Current portion of senior secured credit facility

-

-

-

-

-

-

-

-

-

-

-

-

125

31

Total current liabilities

24,854

20,387

35,069

33,613

26,036

35,325

22,385

21,873

18,186

20,501

9,975

6,260

5,077

3,075

Notes payable, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

354

282

Senior secured credit facility

-

-

-

-

-

13,000

8,000

-

-

-

-

-

2,239

2,320

Deferred revenue, net of current portion

-

-

2,960

6,164

9,333

12,468

-

-

-

-

-

-

-

-

Operating lease liabilities, net of current

7,754

7,855

7,961

8,077

8,352

-

-

-

-

-

-

-

-

-

Finance lease liabilities, net of current

122

130

137

147

149

154

162

169

173

179

186

193

206

213

Payables related to Tax Receivable Agreement

66,636

66,582

67,987

68,015

66,648

56,149

52,866

52,278

51,217

24,675

11,475

11,558

-

-

Other long-term liabilities

428

460

494

527

598

633

663

398

135

145

154

163

-

-

Total liabilities

99,794

95,414

114,608

116,543

111,116

117,729

84,076

74,718

69,711

45,500

21,790

18,174

7,876

5,890

Commitments and contingencies (Note 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

Stockholders' equity:
Members equity

-

-

-

-

-

-

-

-

-

-

-

-

72,351

69,267

Preferred stock, $0.01 par value, 50,000 shares authorized, none issued and outstanding

-

-

-

-

-

-

0

0

0

-

-

-

-

0

Additional paid-in capital

177,393

191,843

194,153

192,734

188,458

164,086

126,251

124,166

121,589

117,638

60,657

59,237

-

-

Retained earnings

40,145

74,222

62,517

54,284

44,173

35,507

33,182

20,163

9,566

-4,174

1,536

157

6,861

2,079

Treasury stock (at cost), 0 shares and 163 shares as of March 31, 2020 and December 31, 2019, respectively

-

2,526

2,522

2,144

1,845

1,414

1,410

261

261

261

-

-

-

-

Total members' equity

-

-

-

-

-

-

-

-

-

-

-

-

79,212

-

Total stockholders' equity attributable to Solaris

217,824

263,847

254,458

245,183

231,090

198,450

158,289

144,326

131,146

113,393

62,294

59,495

-

71,346

Non-controlling interest

127,908

145,811

137,074

131,000

126,773

142,428

130,459

118,764

109,006

140,850

133,105

127,078

-

-

Total stockholders' equity

345,732

409,658

391,532

376,183

357,863

340,878

288,748

263,090

240,152

254,243

195,399

186,573

-

71,346

Total liabilities and stockholders' equity

445,526

505,072

506,140

492,726

468,979

458,607

372,824

337,808

309,863

299,743

217,189

204,747

87,088

77,236

Class A Common Stock
Common stock

286

308

310

309

304

271

-

-

-

190

-

-

-

-