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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income (loss) $ 41,362 $ (52,548) $ (58,023)
Non-cash items:      
Depreciation and amortization 124,002 118,514 100,481
(Loss) gain and write-down on sale of vessels (note 21) (5,544) 170 (12,984)
Unrealized gain (loss) on derivative instruments (note 13) 5,247 (579) (937)
Equity (income) loss (note 7) (2,345) (1,220) 25,370
Income tax expense (note 22) (20,103) (9,412) (5,330)
Other 4,044 5,659 3,449
Change in operating assets and liabilities (note 18) (30,432) (54,952) 6,590
Expenditures for dry docking (48,250) (27,972) (14,069)
Net operating cash flow 117,661 (7,263) 80,489
FINANCING ACTIVITIES      
Proceeds from short-term debt (note 10) 200,000 0 0
Proceeds from long-term debt, net of issuance costs 57,086 81,397 232,825
Repayments of long-term debt (101,107) (165,365) (109,006)
Prepayment of long-term debt (135,110) (137,717) (443,796)
Prepayment of short-term debt (note 10) 150,000 0 0
Proceeds from financing related to sales and leasebacks of vessels (note 12) 63,720 241,339 153,000
Scheduled repayments of obligations related to finance leases (note 12) (24,221) (14,958) (4,090)
Cash dividends paid 0 (8,052) (20,679)
Proceeds from equity offerings, net of offering costs (note 5) 0 0 8,521
Proceeds from issuance of common stock, net of share issuance costs (note 5) 0 0 5,000
Other (126) (92) (241)
Net financing cash flow (89,758) (3,448) (178,466)
INVESTING ACTIVITIES      
Proceeds from the sales of vessels and equipment (note 21) 20,008 589 52,131
Expenditures for vessels and equipment (11,628) (5,827) (4,732)
Loan repayments from equity-accounted for investment (note 7) 0 0  
Return of capital from equity-accounted for investments 0   0
Cash acquired in TIL acquisition, net of transaction fees (note 24) 0 0  
Net investing cash flow 8,380 (4,492) 78,780
Increase (decrease) in cash, cash equivalents and restricted cash 36,283 (15,203) (19,197)
Cash, cash equivalents and restricted cash, beginning of the year 60,507 75,710 94,907
Cash, cash equivalents and restricted cash, end of the year (note 18d) 96,790 60,507 75,710
Tanker Investments Limited [Member]      
INVESTING ACTIVITIES      
Cash acquired in TIL acquisition, net of transaction fees (note 24)     30,831
Highq Joint Venture [Member]      
INVESTING ACTIVITIES      
Loan repayments from equity-accounted for investment (note 7)     (550)
Gemini Tankers L.L.C. [Member]      
INVESTING ACTIVITIES      
Return of capital from equity-accounted for investments   746  
Freight Tax [Member] [Member]      
Non-cash items:      
Income tax expense (note 22) $ (18,489) $ (6,005) $ (4,644)