Commitments and Contingencies

3 Months Ended

Mar. 31, 2019

10. Commitments and Contingencies

Liability Related to Tax Receivable Agreement

The following table presents our contractual obligations for payments of the liability related to the TRA for periods subsequent to March 31, 2019:


	Liability related to TRA
Remainder of 2019	$	9,574
2020		14,019
2021		11,776
2022		12,036
2023		12,280
Thereafter		164,857
	$	224,542

Because we are a holding company with no operations of our own, our ability to make payments under the TRA is dependent on the ability of Cactus LLC to make distributions to Cactus Inc. in an amount sufficient to cover its obligations under the TRA. Distributions made by Cactus LLC are generally required to be made pro-rata among all of its members.

Legal Contingencies

We are involved in various disputes arising in the ordinary course of business. Management does not believe the outcome of these disputes will have a material adverse effect on our consolidated financial position or consolidated results of operations.