| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income (loss) | ||||||||
39,132 | -10,551 | -264,734 | 12,935 | -154,273 | 24,946 | 10,536 | 4,503 | 69 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
231,447 | 213,692 | 166,558 | 92,337 | 85,238 | 71,156 | 52,917 | 41,880 | 32,738 |
Provision for expected credit losses | ||||||||
1,050 | 633 | -1,777 | - | - | - | - | - | - |
Amortization of debt issuance costs | ||||||||
7,607 | 5,080 | 0 | 2,108 | 1,702 | 1,224 | 2,192 | 1,856 | 1,529 |
Unit-based compensation expense (income) | ||||||||
10,814 | 11,740 | 4,048 | 10,373 | 3,863 | 3,034 | 1,343 | - | - |
Deferred income tax expense | ||||||||
1,376 | -2,663 | 1,801 | - | - | - | - | - | - |
Loss (gain) on disposition of assets | ||||||||
-940 | -12,964 | 367 | -772 | 1,040 | 2,233 | -284 | -266 | -178 |
Net gain on change in fair value of interest rate swap | ||||||||
- | - | - | - | - | - | - | 2,180 | 2,629 |
Impairment of compression equipment | ||||||||
5,894 | 8,666 | 0 | 5,760 | 27,274 | 2,266 | 203 | 0 | - |
Impairment of goodwill | ||||||||
0 | 0 | 223,000 | 0 | 172,189 | - | - | - | - |
Changes in assets and liabilities: | ||||||||
Accounts receivable and related party receivables, net | ||||||||
5,657 | 50,029 | -9,331 | 6,580 | 439 | 2,659 | 11,674 | -169 | 976 |
Inventories | ||||||||
25,137 | 6,736 | 698 | 16,448 | 14,340 | 4,942 | 5,725 | 1,004 | -1,974 |
Prepaid expenses and other current assets | ||||||||
604 | -9,298 | 3,569 | -517 | 1,580 | -1,380 | 600 | 153 | 219 |
Other assets | ||||||||
-2,589 | 59 | -8 | -16 | 3 | 39 | -3,824 | 1,315 | 2,601 |
Accounts payable | ||||||||
-5,764 | -5,140 | 2,531 | -1,981 | -3,310 | -1,431 | 8,132 | -5,340 | 1,989 |
Other liabilities | ||||||||
-8 | -4,879 | 228 | - | - | - | - | - | - |
Accrued liabilities and deferred revenue | ||||||||
36,901 | 44,324 | -404 | 3,888 | 2,120 | 9,189 | 6,223 | 3,292 | 1,730 |
Net cash provided by operating activities | ||||||||
300,580 | 226,340 | 135,956 | 103,697 | 117,401 | 101,891 | 68,190 | 41,974 | 33,782 |
Cash flows from investing activities: | ||||||||
Capital expenditures, net | ||||||||
171,149 | 266,566 | 157,292 | 51,240 | 281,050 | 381,943 | 159,547 | 179,977 | 133,264 |
Compression unit purchase deposit | ||||||||
- | - | - | - | - | - | - | - | 7,975 |
Proceeds from disposition of property and equipment | ||||||||
22,478 | 7,466 | 14,834 | 336 | 1,735 | 1,420 | 2,227 | 1,388 | 795 |
Proceeds from insurance recovery | ||||||||
4,181 | 409 | 0 | 73 | 1,157 | - | - | - | - |
Acquisition of USA Compression Predecessor | ||||||||
0 | 1,231,478 | 0 | - | - | - | - | - | - |
Assumed cash acquired in business combination of USA Compression Partners, LP | ||||||||
0 | 710,506 | 0 | - | - | - | - | - | - |
Acquisitions, net of cash | ||||||||
- | - | - | - | - | - | 3,374 | - | - |
Net cash used in investing activities | ||||||||
-144,490 | -779,663 | -142,458 | -50,831 | -278,158 | -380,523 | -153,946 | -178,589 | -140,444 |
Cash flows from financing activities: | ||||||||
Proceeds from revolving credit facility | ||||||||
852,265 | 697,684 | 0 | - | - | - | - | - | - |
Proceeds from issuance of senior notes | ||||||||
750,000 | 0 | 0 | - | - | - | - | - | - |
Payments on revolving credit facility | ||||||||
1,499,090 | 467,199 | 0 | - | - | - | - | - | - |
Proceeds from issuance of Preferred Units and Warrants, net | ||||||||
0 | 479,100 | 0 | - | - | - | - | - | - |
Proceeds from long-term debt | ||||||||
- | - | - | 300,593 | 480,004 | 538,644 | 243,501 | 261,135 | 209,165 |
Payments on long-term debt | ||||||||
- | - | - | 344,410 | 345,681 | 364,714 | 324,834 | 122,681 | 101,167 |
Cash Paid For Net Settlement Of Unit Based Awards | ||||||||
1,714 | 4,447 | 0 | 139 | 210 | 334 | - | - | - |
Cash distributions | ||||||||
- | - | - | 87,731 | 45,078 | 32,345 | 14,669 | - | - |
General partner contribution | ||||||||
- | - | - | - | - | 294 | 4,251 | - | - |
Deferred financing costs | ||||||||
13,679 | 17,683 | 0 | 2,013 | 3,388 | 961 | 3,048 | 1,835 | 1,336 |
Contributions from (distributions to) Parent, net | ||||||||
0 | -28,520 | 3,666 | - | - | - | - | - | - |
Other | ||||||||
-1,035 | 0 | 0 | - | - | - | - | - | - |
Net proceeds from issuance of common units | ||||||||
- | - | - | 80,892 | 75,111 | 138,047 | 180,555 | - | - |
Net cash used in financing activities | ||||||||
-156,179 | 549,409 | -3,666 | -52,808 | 160,758 | 278,631 | 85,756 | 136,619 | 106,662 |
Decrease in cash and cash equivalents | ||||||||
-89 | -3,914 | -10,168 | 58 | 1 | -1 | - | 4 | - |
Supplemental cash flow information: | ||||||||
Cash paid for interest, net of capitalized amounts | ||||||||
105,356 | 61,021 | 0 | 20,489 | 17,110 | 12,622 | 10,603 | 16,086 | 13,727 |
Cash paid for income taxes | ||||||||
493 | 183 | 0 | 230 | 282 | 115 | 196 | 155 | 155 |
Supplemental non-cash transactions: | ||||||||
Distribution Made to Member or Limited Partner Non Cash Distributions Paid | ||||||||
997 | 645 | 0 | 31,812 | 56,895 | 51,707 | 26,286 | - | - |
Transfers from (to) inventories to (from) property and equipment | ||||||||
21,822 | -10,602 | 0 | 7,771 | 4,004 | 5,971 | - | - | - |
Transfer from long term installment receivable to short-term | ||||||||
- | - | - | 3,196 | 2,966 | 4,580 | - | - | - |
Changes in capital expenditures included in accounts payable and accrued liabilities | ||||||||
3,408 | -32,168 | 17,300 | 11,753 | 19,256 | -16,515 | 15,846 | 5,940 | - |
Conversion of Class B Units to common units | ||||||||
67,302 | 0 | 0 | - | - | - | - | - | - |
Predecessor’s non-cash contribution (to) from Predecessor’s Parent | ||||||||
0 | -1,790 | 4,047 | - | - | - | - | - | - |
Deemed distribution for additional interest in USA Compression Predecessor | ||||||||
0 | -36,111 | 0 | - | - | - | - | - | - |
Issuance of common units for the Equity Restructuring | ||||||||
0 | 135,440 | 0 | - | - | - | - | - | - |
Installment receivable | ||||||||
- | - | - | - | - | 24,820 | - | - | - |
Property and equipment write-off | ||||||||
- | - | - | - | - | 22,134 | - | - | - |
(Gain) on transaction | ||||||||
- | - | - | - | - | 2,686 | - | - | - |
Common units | ||||||||
Cash distributions | ||||||||
194,176 | 142,324 | 0 | - | - | - | - | - | - |
Issuance of units for the CDM Acquisition | ||||||||
0 | 324,910 | 0 | - | - | - | - | - | - |
Preferred Units | ||||||||
Cash distributions | ||||||||
48,750 | 24,242 | 0 | - | - | - | - | - | - |
Class B Units | ||||||||
Issuance of units for the CDM Acquisition | ||||||||
0 | 86,125 | 0 | - | - | - | - | - | - |