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SCHEDULE I - Evoqua Water Technologies Corp. (Tables)
 12 Months Ended
Sep. 30, 2020
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheet
Condensed Consolidated Balance Sheets
(In thousands)
 
September 30, 2020
 
September 30, 2019
ASSETS
 
 
 
Current assets
$
10,871

 
$
335

Due from affiliates
5,821

 
—

Cash and cash equivalents
4,972

 
121

Prepaid and other current assets
78

 
214

Investment in affiliate
489,745

 
385,175

Total assets
$
500,616

 
$
385,510

LIABILITIES AND EQUITY
 
 
 
Due to affiliates
—

 
9,747

Total liabilities
$
—

 
$
9,747

 
 
 
 
Common stock, par value $0.01: authorized 1,000,000 shares; issued 119,486 shares, outstanding 117,291 at September 30, 2020; issued 116,008, outstanding 114,344 shares at September 30, 2019
1,189

 
1,154

Treasury stock: 2,195 shares at September 30, 2020 and 1,664 shares at September 30, 2019
(2,837
)
 
(2,837
)
Additional paid‑in capital
564,928

 
552,422

Retained deficit
(62,664
)
 
(174,976
)
Total shareholders’ equity
$
500,616

 
$
375,763

Total liabilities and shareholder’s equity
$
500,616

 
$
385,510
Condensed Income Statement
Condensed Statements of Operations
(In thousands)
 
Year Ended September 30,
 
2020
 
2019
 
2018
Other operating income
$
16

 
$
73

 
$
78

General and administrative expense
(476
)
 
(303
)
 
(2,142
)
Net income (loss) of subsidiaries
114,109

 
(9,293
)
 
8,199

Income (loss) before taxes
113,649

 
(9,523
)
 
6,135

Benefit for income taxes
—

 
—

 
—

Net income (loss)
$
113,649

 
$
(9,523
)
 
$
6,135
Condensed Cash Flow Statement
Condensed Statements of Changes in Cash Flows
(Parent company only)
(In thousands)
 
Year Ended September 30,
 
2020
 
2019
 
2018
Operating activities
 
 
 
 
 
Net income (loss)
$
113,649

 
$
(9,523
)
 
$
6,135

Adjustments to reconcile net income (loss) to net cash used in operating activities
 
 
 
 
 
Net (income) loss of subsidiaries
(114,109
)
 
9,293

 
(8,199
)
Foreign currency exchange gains on intercompany loans
(15
)
 
—

 
—

Changes in assets and liabilities
 
 
 
 
 
Due from affiliates
(3,990
)
 
—

 
—

Due to affiliates
(9,747
)
 
1,343

 
8,812

Accrued expenses
160

 
—

 
(61
)
Prepaids and other current assets
(24
)
 
(161
)
 


Net cash (used in) provided by operating activities
$
(14,076
)
 
$
952

 
$
6,687

Investing activities
 
 
 
 
 
Contributed capital
$
—

 
$
—

 
$
(140,999
)
Net cash used in investing activities
$
—

 
$
—

 
$
(140,999
)
Financing activities
 
 
 
 
 
Proceeds from issuance of common stock
$
18,927

 
$
363

 
$
137,605

Stock repurchases
—

 
—

 
(230
)
Taxes paid related to net share settlements of share-based compensation awards
—

 
(1,270
)
 
(8,807
)
Net cash provided by (used in) financing activities
$
18,927

 
$
(907
)
 
$
128,568

Change in cash and cash equivalents
$
4,851

 
$
45

 
$
(5,744
)
Cash and cash equivalents
 
 
 
 
 
Beginning of period
121

 
76

 
5,820

End of period
$
4,972

 
$
121

 
$
76