Select energy services, inc. (WTTR)

CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities
Net (loss) income

-288,484

4,136

-1,482

22,612

39,567

54,299

57,471

28,798

-6,715

-35,127

-44,890

-82,687

-300,435

-313,948

0

0

0

Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation and amortization

115,018

120,669

129,683

133,305

134,808

133,713

130,505

121,463

113,222

103,449

90,045

88,226

91,981

97,107

0

0

0

Net loss (gain) on disposal of property and equipment

-8,608

-7,950

-4,127

-494

4,580

3,803

2,558

1,310

1,067

2,726

3,194

3,478

1,824

97

0

0

0

Bad debt expense

4,206

2,553

2,544

2,646

2,457

2,210

1,874

1,710

1,693

1,542

1,804

2,748

2,561

2,385

0

0

0

Amortization of debt issuance costs

728

700

700

700

700

700

3,572

3,682

3,863

4,000

2,084

2,654

3,058

3,400

0

0

0

Inventory write-downs

273

300

198

200

209

400

0

0

0

-

-

-

-

-

-

-

-

Equity-based compensation

11,880

15,485

14,215

13,214

12,069

10,371

13,940

11,924

9,529

7,691

1,781

1,231

652

317

0

0

0

Impairment of goodwil and trademarkl

276,016

4,396

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of property and equipment

6,365

3,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of cost-method investment

-

-

-

-

-

2,000

0

0

0

-

-

-

-

-

-

-

-

Loss on divestitures

-

-3,676

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating items, net

-463

-240

-575

-1,212

-900

-1,287

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts receivable

-110,290

-57,908

-97,382

-85,940

-52,838

-36,537

80,680

98,544

113,019

100,485

79,864

71,154

38,861

-1,290

0

0

0

Prepaid expenses and other assets

-16,248

-11,321

-8,609

-9,978

6,126

9,115

3,634

19,195

4,797

2,177

5,948

-1,987

-555

-1,224

0

0

0

Accounts payable and accrued liabilities

-46,426

-29,039

-37,455

-58,471

-33,261

-20,771

763

33,566

36,682

22,466

32,324

31,633

25,980

16,345

0

0

0

Net cash provided by (used in) operating activities

214,072

203,948

249,995

242,839

233,791

232,409

125,980

85,416

40,242

-2,899

-7,196

-29,856

-19,225

5,131

0

0

0

Cash flows from investing activities
Working capital settlement

-

691

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds received from divestitures

9,000

24,872

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

84,971

110,143

142,234

159,823

169,258

165,360

142,209

120,092

120,528

98,722

73,673

51,961

24,821

36,290

0

0

0

Acquisitions, net of cash received

-

-

-

-

-

-

-

-

-

65,488

0

0

0

-

-

-

-

Proceeds received from sales of property and equipment

19,782

17,223

18,593

20,552

15,598

13,998

10,165

5,694

7,335

7,479

7,754

8,796

8,352

9,335

0

0

0

Net cash used in investing activities

-66,189

-77,357

-123,469

-130,320

-154,011

-168,361

-137,286

-124,379

-129,677

-156,731

-128,118

-98,672

-65,473

-26,955

0

0

0

Borrowings from revolving line of credit

-

5,000

0

0

0

-

-

-

-

109,000

43,000

53,000

53,000

27,500

0

0

0

Payments on long-term debt

-

50,000

0

0

0

-

-

-

-

-

-

-

-

298,000

0

0

0

Payments of finance lease obligations

663

883

1,107

1,401

1,655

1,881

0

0

0

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

4,497

0

0

0

Proceeds from share issuance

142

142

141

387

659

762

0

0

0

-

-

-

-

-

-

-

-

Contributions from (distributions to) noncontrolling interests

155

-349

-349

-451

-466

-506

0

0

0

-

-

-

-

-

-

-

-

Repurchase of common stock

24,020

18,600

29,086

17,421

17,514

16,562

0

0

0

-

-

-

-

-

-

-

-

Member contributions (distributions)

-

-

-

-

-

-

-

-

-

-

-

-

-

23,519

0

0

0

Net cash (used in) provided by financing activities

-49,386

-64,690

-96,507

-99,992

-70,082

-49,293

-17,908

-2,333

87,591

122,397

170,966

178,669

78,849

45,560

0

0

0

Effect of exchange rate changes on cash

-38

130

-70

-10

-132

-292

0

0

0

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

98,459

62,031

29,949

12,517

9,566

14,463

-29,343

-41,476

-1,931

-37,267

35,652

50,141

-5,849

23,736

0

0

0

Supplemental cash flow disclosure:
Cash paid for interest

1,819

2,716

4,308

5,308

5,535

5,243

4,216

3,109

2,563

1,999

4,320

7,499

10,489

12,773

0

0

0

Cash refunds received for income taxes, net

2,002

1,793

2,875

842

-1,259

-550

-1,841

-1,269

278

-54

-774

-775

-388

-192

0

0

0

Supplemental disclosure of noncash investing activities:
Capital expenditures included in accounts payable and accrued liabilities

3,612

10,472

7,663

8,105

21,322

17,910

27,093

31,189

16,003

11,137

6,817

6,455

6,301

1,563

0

0

0