| Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income | |||||||||
66 | 9,569 | 10,580 | -13,979 | 3,877 | 849 | 4,424 | -4,194 | -3 | -5 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Depreciation | |||||||||
12,641 | 11,559 | 10,247 | 10,138 | 7,864 | 10,355 | 7,084 | 6,649 | - | - |
Amortization of intangible assets | |||||||||
3,578 | 3,684 | 3,529 | 3,526 | 4,200 | 900 | 856 | 1,244 | - | - |
Accretion of asset retirement obligation | |||||||||
56 | 56 | 49 | 54 | 92 | 40 | 35 | 35 | - | - |
Amortization of deferred financing costs | |||||||||
984 | 970 | 935 | 315 | - | - | - | - | - | - |
Amortization of original issue discount | |||||||||
138 | 140 | 126 | 21 | - | - | - | - | - | - |
Officer loan compensation expense | |||||||||
0 | 0 | 0 | 1,583 | - | - | - | 295 | - | - |
Loss (gain) on involuntary conversion | |||||||||
- | - | - | - | 0 | 428 | 800 | 450 | - | - |
Loss on extinguishment of debt | |||||||||
0 | 0 | 0 | -907 | - | - | - | - | - | - |
Deferred income taxes | |||||||||
1,582 | 2,911 | 3,536 | -2,037 | 8,931 | 1,369 | 1,720 | -1,156 | - | - |
Provision (benefit) for loss on receivables, net of recoveries | |||||||||
- | - | - | - | 381 | 24 | -27 | 86 | - | - |
Formation expense paid by sponsor | |||||||||
- | - | - | - | - | - | - | - | 3 | 5 |
Trust income reinvested in Trust Account | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Changes in operating assets and liabilities (net of business acquired) | |||||||||
Accounts receivable | |||||||||
599 | -2,908 | -3,157 | -1,974 | 18,213 | 5,063 | 3,286 | -654 | - | - |
Prepaid expenses and other assets | |||||||||
1,412 | -206 | -944 | 422 | -2,592 | 3,043 | 688 | -778 | - | - |
Prepaid expenses | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Accounts payable and other accrued liabilities | |||||||||
-3,869 | -3,753 | -4,403 | -4,801 | -12,835 | 15,115 | -477 | 3,526 | 0 | 0 |
Deferred revenue and customer deposits | |||||||||
-3,303 | -1,649 | -2,400 | -3,825 | -2,166 | -11,466 | -5,169 | -1,730 | - | - |
Other non-current assets and liabilities | |||||||||
1,817 | 2,069 | 708 | 199 | -23 | 405 | -184 | 2,222 | - | - |
Net cash provided by operating activities | |||||||||
16,266 | 25,453 | 25,521 | -6,745 | 10,283 | 8,876 | 3,529 | 3,515 | 0 | 0 |
Cash flows from investing activities: | |||||||||
Purchase of specialty rental assets | |||||||||
- | - | - | 14,623 | - | - | - | 21,888 | - | - |
Purchase of property, plant and equipment | |||||||||
287 | 27 | 90 | 37 | -59 | 541 | 307 | 162 | - | - |
Receipt of insurance proceeds | |||||||||
- | - | - | - | 0 | 463 | 765 | 2,250 | - | - |
Repayments from affiliates | |||||||||
0 | 0 | 0 | 638 | 53,152 | 1,953 | 1,040 | -500 | - | - |
Principal deposited in Trust Account | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Net cash used in investing activities | |||||||||
-9,573 | -27,276 | -61,834 | -14,022 | 41,512 | -221,580 | -20,292 | -20,300 | 0 | 0 |
Cash flows from financing activities: | |||||||||
Proceeds from borrowings on Senior Secured Notes, net of discount | |||||||||
0 | 0 | 0 | 336,699 | - | - | - | - | - | - |
Principal payments on finance and capital lease obligations | |||||||||
361 | 80 | 415 | 1,475 | 3,940 | 3,828 | 3,672 | 3,527 | - | - |
Proceeds from notes with affiliates | |||||||||
- | - | - | - | - | - | - | 10,000 | - | - |
Principal payments on borrowings from ABL | |||||||||
16,000 | 5,000 | 0 | 27,790 | 14,000 | 21,001 | 3,999 | 1,076 | - | - |
Proceeds from borrowings on ABL | |||||||||
26,000 | 5,000 | 30,000 | 47,240 | - | - | - | 5,500 | - | - |
Repayment of affiliate note | |||||||||
0 | 0 | 0 | 3,762 | - | - | - | - | - | - |
Contributions from affiliate | |||||||||
0 | 0 | 0 | 39,107 | - | - | - | - | - | - |
Recapitalization | |||||||||
0 | 0 | 0 | 218,752 | - | - | - | - | - | - |
Payments of Capital Distribution | |||||||||
- | - | - | 563,134 | - | - | - | - | - | - |
Payment of deferred financing costs | |||||||||
-1 | 0 | 5,855 | 13,944 | - | - | - | - | - | - |
Proceeds from private placement of warrants | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Proceeds from sale of Class A ordinary shares | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Payment of underwriters' discount | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Payment of offering costs | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Net cash provided by financing activities | |||||||||
-3,675 | -5,096 | 23,730 | 31,693 | -52,008 | 219,609 | 16,055 | 10,897 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | |||||||||
- | - | - | 10,926 | - | - | - | -5,888 | - | - |
Supplemental Cash Flow Information: | |||||||||
Net change in cash | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Non-cash investing and financing activity: | |||||||||
Non-cash change in accrued capital expenditures | |||||||||
98 | -1,492 | -5,051 | 7,177 | -2,966 | 3,232 | -1,705 | 3,716 | - | - |
Non-cash contribution from affiliate - forgiveness of affiliate note | |||||||||
0 | 0 | 0 | 104,285 | - | - | - | - | - | - |
Deferred underwriting compensation | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Class A ordinary shares subject to possible redemption | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Formation and offering costs paid by sponsor in exchange for founder shares | |||||||||
- | - | - | - | - | - | - | - | -5 | -20 |
Non-cash change in accrued deferred financing costs | |||||||||
- | - | -5,854 | 6,424 | - | - | - | - | 0 | 0 |
Non-cash distribution to PEAC - liability transfer from PEAC, net | |||||||||
0 | 0 | 0 | -8,840 | - | - | - | - | - | - |
Non-cash change in specialty rental assets due to effect of exchange rate changes | |||||||||
- | - | - | - | - | - | - | 907 | - | - |