Statement of Cash Flow Information

12 Months Ended

Dec. 31, 2015

Supplemental Cash Flow Elements [Abstract]

STATEMENT OF CASH FLOW INFORMATION

Cash and cash equivalents at December 31, 2015 and 2014 included $0.5 million and $0.8 million, respectively, of restricted cash related to collateral on seismic operations bonds. The balances at December 31, 2015 and 2014 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 2015, 2014 and 2013 were $0.3 million, $2.3 million and $8.0 million, respectively. In 2015, 2014 and 2013, the Company received income tax refunds of $1.0 million, $7.2 million, and $0.4 million, respectively.

The Company had non-cash additions to its seismic data library comprised of the following (in thousands):



	Year Ended December 31,
	2015			2014		2013
Non-monetary exchanges related to resale licensing and Solutions revenue	$	9,313		$	741	$	1,656
Non-monetary exchanges from underwriting of new data acquisition	(2		)	209		—
Completion of data in progress from prior non-monetary exchanges	—			—		2,429
Total non-cash additions to seismic data library	$	9,311		$	950	$	4,085

Non-cash revenue consisted of the following (in thousands):



	Year Ended December 31,
	2015		2014		2013
Acquisition revenue on underwriting from non-monetary exchange contracts	$	168	$	38	$	87
Licensing revenue from specific data licenses and selections on non-monetary exchange contracts	6,747		1,033		2,399
Solutions revenue recognized from non-monetary exchange contracts	13		—		—
Total non-cash revenue	$	6,928	$	1,071	$	2,486