XML 21 R10.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net income (loss) $ 104,780 $ (68,941)
Reconciliation of net income (loss) to net cash provided by operating activities:    
Depreciation, amortization, and accretion 25,524 88,906
Gain on GP Sale (120,574) 0
Impairment and other charges 449 14,445
Gain on retained CSI Compressco units and Standard Lithium shares (11,803) 0
Equity-based compensation expense 3,611 4,847
Amortization and expense of financing costs and deferred financing gains 2,320 3,698
Debt-related expenses 0 4,777
Warrants fair value adjustment (143) (326)
Gain on sale of assets (479) (4,340)
Other non-cash charges (340) 5,814
Changes in operating assets and liabilities:    
Accounts receivable (15,246) 62,039
Inventories 2,449 11,780
Prepaid expenses and other current assets (2,927) (916)
Trade accounts payable and accrued expenses 25,231 (57,844)
Other (2,428) 888
Net cash provided by (used in) operating activities 10,424 64,827
Investing activities:    
Purchases of property, plant, and equipment, net 14,620 22,011
Proceeds from sale of CCLP, net of cash divested 566 0
Proceeds on sale of property, plant, and equipment 1,016 24,704
Proceeds from Insurance Settlement, Investing Activities 110 643
Other investing activities 764 (576)
Net cash provided by (used in) investing activities (12,164) 2,760
Financing activities:    
Proceeds from long-term debt 0 404,060
Principal payments on long-term debt (37,477) (408,666)
CSI Compressco distributions 0 (932)
Tax remittances on equity based compensation 0 (341)
Dividend payments attributable to noncontrolling interest (99) 0
Debt issuance costs and other financing activities (1,080) (3,897)
Net cash provided by (used in) financing activities (38,656) (9,776)
Effect of exchange rate changes on cash (1,635) (355)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (42,031) 57,456
Cash and cash equivalents and restricted cash at beginning of period 83,894 17,768
Cash and cash equivalents at beginning of period associated with discontinued operations 16,577 2,370
Cash and cash equivalents and restricted cash at beginning of period associated with continuing operations 67,317 15,398
Cash and cash equivalents and restricted cash at end of period 41,863 75,224
Cash and cash equivalents at end of period associated with discontinued operations 0 6,757
Cash and cash equivalents and restricted cash at end of period associated with continuing operations $ 41,863 $ 68,467