Cactus, inc. (WHD)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities
Net income

140,955

156,303

163,712

171,527

172,319

150,281

134,412

113,065

88,101

66,547

0

0

0

Reconciliation of net income to net cash provided by operating activities:
Depreciation and amortization

40,953

38,854

36,588

34,422

32,413

30,153

28,124

26,357

24,579

23,271

0

0

0

Debt discount and deferred financing cost amortization

168

168

172

140

98

275

667

1,095

1,533

1,752

0

0

0

Stock-based compensation

7,292

6,995

6,577

6,175

5,546

4,704

0

0

0

-

-

-

-

Provision for bad debts

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventory obsolescence

3,681

2,552

2,227

1,809

1,224

1,451

0

0

0

-

-

-

-

Loss on disposal of assets

-334

-236

53

-1,583

-1,720

-886

-2,178

-1,122

-328

-534

0

0

0

Deferred income taxes

-33,047

-25,403

-18,511

-18,167

-11,442

-15,201

-11,815

-4,231

-1,212

-220

0

0

0

Loss on debt extinguishment

-

-

-

-

-

-4,305

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-11,557

-4,204

-5,330

16,154

23,283

8,105

31,208

36,745

41,515

50,094

0

0

0

Inventories

411

17,592

29,874

35,294

41,508

38,227

25,515

26,729

26,225

28,279

0

0

0

Prepaid expenses and other assets

221

-438

-1,358

4,284

4,297

6,509

3,467

377

2,928

4,012

0

0

0

Accounts payable

-8,941

-607

-4,791

2,040

7,051

7,651

6,779

14,362

7,789

19,505

0

0

0

Accrued expenses and other liabilities

5,831

6,994

2,902

8,013

129

5,114

4,600

4,217

7,775

4,104

0

0

0

Net cash provided by operating activities

220,554

209,632

193,021

184,793

162,854

167,180

137,547

108,989

67,340

34,707

0

0

0

Cash flows from investing activities
Capital expenditures and other

54,489

59,703

54,859

67,849

68,581

70,053

65,475

47,742

39,625

32,082

0

0

0

Proceeds from sale of assets

4,050

3,755

3,397

2,294

2,267

1,899

1,809

1,598

1,761

1,404

0

0

0

Net cash used in investing activities

-50,439

-55,948

-51,462

-65,555

-66,314

-68,154

-63,658

-46,144

-37,864

-30,678

0

0

0

Cash flows from financing activities
Principal payments on long-term debt

-

-

-

-

-

248,529

249,171

249,814

250,456

2,569

0

0

0

Payments on finance leases

7,402

7,484

7,478

7,209

6,854

6,274

5,518

4,672

3,691

2,744

0

0

0

Dividends paid to Class A common stock shareholders

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from equity offerings

-

-

-

-

-

828,168

0

0

0

-

-

-

-

Distributions to members

10,360

8,392

5,853

5,421

6,042

31,848

0

0

0

-

-

-

-

Redemption of CW Units

-

-

-

-

-

575,681

0

0

0

-

-

-

-

Repurchase of shares

1,431

1,549

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-27,718

-21,669

-15,124

-15,695

-15,919

-35,004

-34,626

-36,565

-26,992

-5,313

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-311

-253

-871

-797

-365

-755

-506

-11

206

170

0

0

0

Net increase in cash and cash equivalents

142,086

131,762

125,564

102,746

80,256

63,267

38,757

26,269

2,690

-1,114

0

0

0

Supplemental Disclosures of Cash Flow Information
Property and equipment acquired under finance leases

0

-

-

-

0

-

-

-

-

-

-

-

-

Property and equipment in payables

0

-

-

-

0

-

-

-

-

-

-

-

-