XML 19 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net (loss) income $ (2,062) $ 2,725
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization of asset retirement obligation 4,893 3,760
(Gain) loss on disposal of assets (59) 45
Loss on derivatives 5 394
Revenue reserve   (92)
Bad debt expense 189  
Amortization of deferred financing cost 117 107
Accretion of debt discount 232 217
Deferred income taxes (4,708) (757)
Stock-based compensation 720 611
Non-cash interest expense on revolving credit facility   706
Non-cash interest expense on Redeemable Series A preferred stock 4,936 3,690
Changes in assets and liabilities:    
Accounts receivables (903) 5,667
Unbilled receivables 3,909 120
Inventories (963) (1,549)
Prepaid expenses and other current assets 242 2,242
Deferred revenue (1,929)  
Accounts payable (368) (343)
Accrued and other expenses 280 (82)
Income taxes payable 3,568 189
Net cash provided by operating activities 8,099 17,650
Investing activities:    
Purchases of property, plant and equipment (2,058) (26,899)
Proceeds from disposal of assets 108  
Net cash used in investing activities (1,950) (26,899)
Financing activities:    
Repayments of notes payable (1,259) (326)
Payments under equipment financing obligations (299) (285)
Payment of deferred financing and amendment costs 2 (78)
Proceeds from revolving credit facility   12,000
Repayment of revolving credit facility (7,716) (2,647)
Cash dividend on Redeemable Series A preferred stock (3) (2)
Purchase of treasury stock (57) (121)
Net cash (used in) provided by financing activities (9,332) 8,541
Net decrease in cash (3,183) (708)
Cash at beginning of period 3,896 802
Cash at end of period 713 94
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,344 1,140
Cash paid for taxes 218 369
Non-cash financing activities:    
Equipment purchased with debt   1,080
Capitalized expenditures in accounts payable and accrued expenses $ 254 $ 5,204