XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 88,116 $ 70,841
Accounts receivable, net of allowance of $578 and $576, respectively 107,873 92,269
Inventories 108,182 99,837
Prepaid expenses and other current assets 11,028 11,558
Total current assets 315,199 274,505
Property and equipment, net 148,856 142,054
Operating lease right-of-use assets, net 25,110  
Goodwill 7,824 7,824
Deferred tax asset, net 244,359 159,053
Other noncurrent assets 1,285 1,308
Total assets 742,633 584,744
Current liabilities    
Accounts payable 44,847 42,047
Accrued expenses and other current liabilities 15,932 15,650
Current portion of liability related to tax receivable agreement 9,574 9,574
Finance lease obligations, current portion 6,956 7,353
Operating lease liabilities, current portion 6,772  
Total current liabilities 84,081 74,624
Deferred tax liability, net 1,244 1,036
Liability related to tax receivable agreement, net of current portion 214,968 138,015
Finance lease obligations, net of current portion 7,225 8,741
Operating lease liabilities, net of current portion 18,754  
Total liabilities 326,272 222,416
Stockholders' / Members' equity (deficit)    
Additional paid-in capital 189,902 126,418
Retained earnings 78,490 51,683
Accumulated other comprehensive income (loss) (259) (820)
Total stockholders' equity attributable to Cactus Inc. and members' equity (deficit) 268,597 177,658
Non-controlling interest 147,764 184,670
Total stockholders' equity 416,361 362,328
Total liabilities and equity 742,633 584,744
Class A Common Stock    
Stockholders' / Members' equity (deficit)    
Common stock, $0.01 par value $ 464 $ 377