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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 134,270 $ 74,957
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 120,759 86,688
Long-lived and other asset impairment 11,819 6,969
Equity in net loss of unconsolidated affiliate, net of tax 243  
Inventory write-downs 468 517
Amortization of operating lease right-of-use assets 2,284 1,827
Amortization of deferred financing costs 3,071 2,323
Amortization of debt premium (1,003) (1,003)
Amortization of capitalized implementation costs 1,580 1,562
Stock-based compensation expense 9,867 7,477
Provision for credit losses 227 5
Gain on sale of assets, net (11,632) (2,957)
Deferred income tax provision 40,177 24,900
Amortization of contract costs 11,504 11,725
Deferred revenue recognized in earnings (7,785) (5,606)
Changes in operating assets and liabilities:    
Accounts receivable, net (45,893) 8,836
Inventory (4,617) 2,073
Other assets (7,815) (4,004)
Contract costs (11,155) (9,660)
Accounts payable and other liabilities (12,815) (4,661)
Deferred revenue 9,572 6,315
Other (27) 70
Net cash provided by operating activities 243,099 208,353
Cash flows from investing activities:    
Capital expenditures (279,602) (191,026)
Proceeds from sale of property, equipment and other assets 31,493 17,550
Proceeds from insurance and other settlements 3,524 45
Cash paid in NGCS Acquisition, net of cash acquired (296,641)  
Investments in unconsolidated affiliates (471) (57)
Net cash used in investing activities (541,697) (173,488)
Cash flows from financing activities:    
Borrowings of long-term debt 1,061,726 485,825
Repayments of long-term debt (647,801) (462,150)
Payments of debt issuance costs (1,691)  
Dividends paid to stockholders (67,805) (51,819)
Repurchases of common stock (29,045) (1,230)
Taxes paid related to net share settlement of equity awards (14,988) (6,462)
Proceeds from stock issued under ESPP 766 552
Contribution to Enerflex (1,123)  
Net cash provided by (used in) financing activities 300,039 (35,284)
Net increase (decrease) in cash and cash equivalents 1,441 (419)
Cash and cash equivalents, beginning of period 4,420 1,338
Cash and cash equivalents, end of period 5,861 $ 919
Supplemental disclosure of non-cash investing transactions:    
Issuance of Archrock common stock pursuant to NGCS Acquisition $ 52,966