XML 102 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statement of Cash Flow Information
 12 Months Ended
Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]  
Statement of Cash Flow Information
STATEMENT OF CASH FLOW INFORMATION
Cash and cash equivalents at December 31, 2013 and 2012 included $651,000 of restricted cash related to collateral on seismic operations bonds. The balances at December 31, 2013 and 2012 also included $125,000 (Canadian) of restricted cash posted as security against Company issued credit cards for Seitel Canada.
For purposes of the statement of cash flows, the Company considers all highly liquid investments or debt instruments with an original maturity of three months or less to be cash equivalents. The Company maintains its day-to-day operating cash and temporary excess cash with various banking institutions that, in turn, invest in time deposits and U.S. Treasury bills.
Income taxes paid during 2013, 2012 and 2011 were $8.0 million, $3.2 million and $8.1 million, respectively. In 2013, 2012 and 2011, the Company received income tax refunds of $0.4 million, $1.0 million, and $0.1 million, respectively.
The Company had non-cash additions to its seismic data library comprised of the following (in thousands): 
 
Year Ended December 31,
 
2013
 
2012
 
2011
Non-monetary exchanges related to resale licensing revenue
$
1,656

 
$
1,554

 
$
7,609

Non-monetary exchanges from underwriting of new data acquisition
—

 
4,122

 
2,687

Other non-monetary exchanges
—

 
—

 
98

Completion of data in progress from prior non-monetary exchanges
2,429

 
142

 
—

Less: Non-monetary exchanges for data in progress
—

 
(2,442
)
 
(179
)
Total non-cash additions to seismic data library
$
4,085

 
$
3,376

 
$
10,215


Non-cash revenue consisted of the following (in thousands):
 
Year Ended December 31,
 
2013
 
2012
 
2011
Acquisition revenue on underwriting from non-monetary exchange contracts
$
87

 
$
5,451

 
$
2,274

Licensing revenue from specific data licenses and selections on non-monetary exchange contracts
2,399

 
3,047

 
7,169

Solutions revenue recognized from non-monetary exchange contracts
—

 
20

 
71

Total non-cash revenue
$
2,486

 
$
8,518

 
$
9,514