Team inc (TISI)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15May'15Mar'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
Cash flows from operating activities:
Net loss

-7,234

-7,057

6,102

-24,228

3,985

-23,526

-31,341

-12,264

19,667

-83,528

-11,086

-9,508

-9,377

-4,221

7,356

-6,434

4,781

4,097

-

12,518

3,366

17,560

7,053

12,046

-971

14,597

4,477

11,586

-544

14,017

7,655

13,886

1,981

10,388

6,813

10,851

3,931

8,036

3,806

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Earnings from unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

29

350

443

130

-4

504

362

272

63

406

442

275

120

327

308

Loss on investment in Venezuela

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-1,177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

12,359

12,050

12,379

12,271

16,396

16,032

15,979

16,455

13,457

12,671

13,054

12,961

13,241

12,539

12,824

10,069

10,515

8,911

-

5,933

5,690

5,635

5,529

5,492

5,285

5,308

5,383

5,210

4,800

5,081

4,573

4,556

4,578

4,196

4,139

3,898

4,241

3,323

3,122

Amortization of Debt Issuance Costs and Discounts

2,004

1,948

1,883

1,860

1,814

1,792

1,748

1,668

1,651

1,081

196

157

160

139

129

113

105

151

-

55

56

56

56

56

57

55

55

55

56

56

55

55

100

53

75

75

73

77

78

Provision for doubtful accounts

-2,133

-1,329

252

637

2,230

3,865

3,145

2,422

940

2,985

1,398

1,774

3,094

746

1,739

757

1,290

-

-

-

529

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency loss (gain)

-146

-114

-321

87

-255

-420

-625

-412

97

-159

-103

-334

-104

98

137

-38

-577

-236

-

-319

-374

-635

-181

-1,787

-1,868

-140

-390

-26

-729

-114

-74

105

90

107

-271

-200

42

-30

41

Deferred income taxes

-3,534

2,205

-3,237

771

17,415

3,909

3,185

7,225

44,139

13,041

4,231

4,835

7,788

-2,618

-1,324

390

-1,996

-415

-

40

1,741

-1,323

271

848

-3,246

1,346

2,092

-10,564

3,437

827

1,211

-2,852

106

-422

2,451

-1,983

1,875

-1,430

133

Gain on revaluation of contingent consideration

-

-

-

-

-

-

-

-

0

0

0

-1,174

0

0

2,184

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on asset disposal

50

-51

328

-140

-348

-12

956

-44

-1,379

-95

-55

976

-1,530

37

-152

105

-

-53

-30

-

-473

-69

-34

-

-8

-26

111

-

-

-

-

-

-

-

-

-

-

-

-

Embedded Derivative, Gain (Loss) on Embedded Derivative, Net

0

0

0

0

0

0

-29,283

4,500

-5,474

6,292

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash compensation cost

1,385

2,588

3,648

2,434

2,842

2,408

4,586

2,420

2,030

1,583

2,516

1,747

641

1,968

2,615

2,089

1,798

1,671

-

1,087

1,286

1,490

975

1,034

995

1,340

870

909

902

1,237

883

868

898

1,455

1,165

1,145

1,158

1,544

1,146

Other, net

1,011

202

629

567

851

960

926

1,025

737

809

1,746

497

320

337

370

155

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease (net of the effects of acquisitions):
Receivables

-22,810

-850

20,526

-24,060

-26,795

-17,952

41,035

-11,674

20,976

948

10,977

6,919

19

-13,935

5,536

-8,138

-36,296

21,065

-

-1,591

3,507

45,986

-4,477

22,383

-25,581

17,116

-4,966

17,639

-25,036

20,594

-2,233

24,544

-12,934

20,095

-14,715

42,871

-15,183

13,678

-16,318

Inventory

-4,521

-2,518

-3,362

850

-2,611

-870

1,598

1,904

-2,073

162

502

795

-923

-1,040

773

-929

-1,143

771

-

-1,958

1,630

476

777

-747

-158

-251

334

-270

282

456

937

1,459

809

479

882

380

104

868

-121

Prepaid expenses and other current assets

-3,984

-1,822

239

5,073

-5,389

-5,794

-131

4,381

-3,340

-1,445

-111

-1,746

-6,101

2,398

5,374

-1,508

-1,581

1,692

-

1,332

456

88

649

1,594

-120

-1,098

-359

2,153

-1,422

-1,197

23

2,615

-462

-1,293

-301

2,620

-213

-1,089

2

Increase (decrease) (net of the effects of acquisitions):
Accounts payable

-9,893

-90

134

4,493

-2,434

-3,379

3,741

-6,922

12,060

-3,928

5,502

-7,210

-2,730

-3,288

10,829

3,550

-9,725

-3,640

-

-1,112

5,543

6,657

-299

1,303

-1,091

5,166

-5,673

6,738

-3,710

4,562

-4,380

1,185

-1,093

2,075

-8,132

10,057

-4,376

5,043

-7,146

Other accrued liabilities

-9,383

16,161

-8,117

-7,039

-890

5,185

4,367

506

-6,311

15,698

-7,172

12,681

-4,679

6,233

-9,221

5,321

-22,232

7,806

-

593

4,097

15,095

-10,408

8,297

-6,046

8,226

-11,685

10,575

-7,801

10,267

-5,262

7,100

-1,933

6,754

-5,050

5,050

1,697

558

765

Income taxes

4,499

230

-3,537

348

-4,518

493

-4,307

4,818

6,626

-1,049

2,719

-2,036

10,934

-1,021

1,471

-4,709

-1,708

-6,377

-

4,491

-8,834

4,946

-1,575

4,498

-3,392

3,223

-300

5,246

-5,625

-2,710

905

6,584

-3,802

-1,115

345

5,261

-4,086

-1,446

49

Net cash provided by (used) in operating activities

25,817

27,449

-2,058

7,628

36,557

23,049

-19,898

2,151

-3,563

2,445

-10,060

-2,550

18,919

22,582

16,564

21,499

25,359

-8,098

-

24,428

9,905

4,270

4,868

12,346

19,297

21,172

46

20,427

18,497

13,094

6,625

4,024

13,269

3,590

15,769

-11,284

19,772

1,951

18,041

Cash flows from investing activities:
Capital expenditures

5,836

8,803

7,786

6,610

7,770

7,312

6,595

5,487

10,257

7,879

7,944

10,718

9,947

14,012

10,273

11,580

12,597

13,205

-

9,696

7,648

5,957

5,468

9,258

10,139

7,396

6,223

7,265

6,149

6,925

5,729

8,099

5,086

5,469

5,270

5,094

2,990

2,779

2,295

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

0

0

15,305

33,077

-1,334

263,434

-

126

0

798

2,151

0

0

394

9,781

0

445

15,447

2,697

-

-

-

-

-

-

-

-

Proceeds from disposal of assets

132

20

735

47

1,116

1

1,445

18

700

1

2,025

533

515

2,691

-206

1,232

5,175

-

-

-

52

-

-

153

0

56

148

-

-

-

-

0

0

57

163

-

-

-

-

Other

38

51

-42

-47

-19

-21

47

436

-62

11

-62

570

-161

-453

-121

-92

-157

262

-

-164

-98

-16

-272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

-

-

-

643

-

-

-

-

Change related to Venezuelan operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-

-617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-5,742

-8,834

-7,009

-6,516

-6,635

-7,290

-5,197

-5,905

-9,495

-7,889

-5,857

-10,755

-976

-10,868

-20,663

-43,333

-11,242

-276,538

-

-9,615

-8,115

-6,704

-7,347

-7,057

-9,965

-7,731

-15,856

-6,577

-5,516

-22,310

-8,496

-8,121

-21,420

-6,973

-5,750

-5,114

-2,296

-44,237

-2,295

Cash flows from financing activities:
Net borrowings (payments) under revolving credit agreement

-17,510

-68,227

6,891

-3,550

-26,060

-14,798

23,798

-2,630

14,380

-59,874

27,588

-5,100

-15,047

-32,148

-6,759

69,950

-192,140

295,140

-

-15,670

10,670

15,010

-2,010

-9,800

-8,200

3,130

14,870

-16,000

-16,600

17,950

1,050

-1,003

14,571

2,191

-3,052

6,002

-9,265

38,700

-10,000

Borrowings (payments) under term loan, net of debt discount

-

-

-

-

-

-

-

-

0

-160,000

-5,000

-5,000

-5,000

-5,000

-5,000

-5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration payments

0

0

0

428

0

0

438

668

0

0

1,278

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,873

1,720

-21,138

-

-

-

21,138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,344

Debt issuance costs on Credit Facility

49

1,475

0

0

0

0

0

855

900

300

728

10

42

382

-3

380

1,950

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate tax effect from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-643

22

-21

107

374

0

-

946

589

584

915

39

413

712

-33

-6

1,005

1,561

436

338

586

376

233

1,395

-1,625

778

3

Exercise of stock options

-

-

-

-

-

-

-

-

1

0

0

449

3,495

1,344

63

1,001

884

1,258

-

1,467

1,047

398

892

505

2,778

1,316

671

33

4,848

2,938

456

770

1,558

538

131

230

1,480

515

5

Payments related to term and auto notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

57

89

90

100

87

79

77

Payments related to withholding tax for share-based payment arrangements

1,135

425

9

342

1,121

44

0

225

622

23

53

249

1,364

191

154

0

1,360

-

-

-

15

-

-

-

-

-

-

17

0

1,487

30

-

-

-

-

-

-

-

-

Other

-61

-109

-49

-72

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-18,755

-20,491

6,833

-4,392

-27,181

-14,842

23,360

-4,378

12,859

2,114

20,529

-9,910

-13,358

-38,865

-17,741

63,958

-4,551

288,271

-

-14,282

-8,847

13,257

-203

-9,274

-5,009

-10,868

15,508

-15,990

-10,747

20,962

1,912

91

16,618

1,404

-2,778

7,528

-9,498

39,481

-11,413

Effect of exchange rate changes on cash

587

-606

-100

76

-408

-258

-1,152

-237

70

857

802

739

-1,570

-88

-1,029

1,360

118

-1,705

-

641

-1,925

-1,280

-496

-860

-1,453

386

-227

-81

-297

25

196

-977

245

-597

5

313

346

29

144

Net decrease in cash and cash equivalents

1,907

-2,482

-2,334

-3,204

2,333

659

-2,887

-8,369

-129

-2,473

5,414

-22,476

3,015

-27,239

-22,869

43,484

9,684

1,930

-

1,172

-8,982

9,543

-3,178

-4,845

2,870

2,959

-529

-2,221

1,937

11,771

237

-4,983

8,712

-2,576

7,246

-8,557

8,324

-2,776

4,477

Supplemental disclosure of cash flow information: