7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 
      
    		                                       
      cash flows from operating activities
    		                                       
      net income
    		39,228,000 15,345,000 14,757,000 31,788,000 130,333,000 -1,812,000 -19,984,000 1,844,000 -7,034,000 3,483,000 2,311,000 -259,000 15,210,000 -5,570,000 -8,938,000 -63,428,000 -11,143,000 -19,067,000 -34,358,000 -11,254,000 14,326,000 -14,142,000 -19,698,000 7,399,000 -1,310,000 1,682,000 -6,051,000 -74,912,000 -10,362,000 -3,038,000 -7,383,000 -71,490,000 -29,259,000 16,000 94,000 1,302,000 19,013,000 36,137,000 36,769,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                       
      depreciation and amortization
    		15,362,000 14,974,000 14,945,000 12,039,000 2,729,000 8,007,000 8,432,000 8,487,000 7,899,000 7,049,000 6,889,000 7,069,000 7,123,000 7,670,000 7,559,000 7,723,000 7,899,000 7,343,000 7,416,000 7,668,000 7,908,000 7,940,000 8,873,000 8,865,000 8,304,000 8,495,000 8,356,000 9,346,000 8,724,000 9,001,000 8,241,000 8,743,000 9,518,000 12,881,000 9,832,000 8,765,000 7,592,000 7,725,000 7,775,000 
      deferred financing fees amortization
    		73,000 80,000 91,000 111,000                                    
      amortization of operating lease rou asset
    		3,253,000 3,039,000 2,933,000 2,553,000                                    
      impairment of long-lived assets
    		0 503,000 2,924,000 0                                    
      bargain purchase loss/
    		                                       
      stock based compensation expense
    		3,244,000 3,759,000 1,766,000                                     
      gain on sale of property, equipment and lease terminations
    		                                       
      deferred tax
    		17,424,000 7,625,000 6,268,000 -5,378,000                                    
      equity method earnings, net of dividends
    		   393,000                                    
      changes in operating assets and liabilities, net of amounts related to acquisitions:
    		                                       
      accounts receivable
    		-3,626,000 3,118,000 4,721,000 -13,942,000                                    
      inventories
    		5,999,000 8,838,000 5,626,000 27,579,000 -7,493,000 938,000 -13,152,000 -9,852,000 -3,452,000 -10,573,000 -4,758,000 -3,406,000 -2,408,000 -995,000 5,658,000 1,198,000 6,020,000 -6,906,000 -5,794,000 10,185,000 -4,606,000 -18,332,000 -15,537,000 1,570,000 -14,622,000 1,698,000 -2,700,000 17,316,000 9,879,000 5,487,000 17,244,000 5,046,000 3,350,000 17,655,000 11,591,000 20,388,000 -13,278,000 -1,136,000 1,899,000 
      prepaid expenses and other current assets
    		8,485,000 -6,628,000 833,000 -3,223,000                                    
      other long-term assets
    		-624,000 70,000 -1,182,000 -1,807,000                                    
      accounts payable
    		-397,000 -17,996,000 10,807,000 -23,689,000                                    
      accrued expenses and other current liabilities
    		-7,637,000 9,562,000 -21,860,000 3,259,000                                    
      other operating assets and liabilities
    		5,098,000 17,526,000 -11,657,000 6,598,000                                    
      net cash from operating activities
    		48,374,000 59,210,000 31,090,000 36,345,000 70,502,000 -9,304,000 -4,104,000 26,131,000 23,234,000 11,282,000 -52,920,000 -17,604,000 1,042,000 -9,281,000 -10,928,000 4,690,000 9,323,000 11,343,000 13,072,000 -16,786,000 13,889,000 3,046,000 -21,237,000 8,054,000 -4,026,000 9,812,000 838,000 12,896,000 9,141,000 12,078,000 11,388,000 33,258,000 36,035,000 27,224,000 11,476,000 25,028,000 58,633,000 110,338,000 52,523,000 
      cash flows from investing activities
    		                                       
      payments on acquisitions, net of cash acquired
    		-500,000 -63,256,000 -17,413,000                                     
      capital expenditures
    		-11,852,000 -7,297,000 -7,056,000 -7,627,000                                    
      free cash flows
    		36,522,000 51,913,000 24,034,000 28,718,000                                    
      proceeds from sale of property and equipment
    		89,907,000 7,681,000 1,003,000 1,194,000                                    
      cash acquired in stock based business combination
    		                                       
      net cash from investing activities
    		77,555,000 -62,872,000 -23,466,000 -71,954,000 134,896,000 -2,008,000 17,510,000 -17,097,000 -76,782,000 -9,281,000 23,347,000 -9,641,000 -17,617,000 -989,000 -1,858,000 -1,246,000 -2,286,000 -3,106,000 3,431,000 969,000 -1,417,000 -1,680,000 -3,500,000 -2,252,000 -3,186,000 153,000 -3,186,000 266,000 -6,351,000 1,412,000 -10,500,000 -5,200,000 -6,077,000 -9,338,000 -24,277,000 -137,841,000 -4,871,000 -7,481,000 -7,656,000 
      cash flows from financing activities
    		                                       
      deferred debt issuance cost
    		0 -434,000 -1,021,000                                     
      revolving credit facility borrowings
    		8,000,000 55,750,000 80,450,000 39,000,000                                    
      revolving credit facility payments
    		-37,000,000 -42,350,000 -78,850,000 -25,000,000                                    
      term loan payments
    		0 0 -11,429,000 -1,249,000                                    
      payments on finance leases
    		-1,793,000 -1,869,000 -1,630,000 -1,561,000                                    
      common stock repurchased and retired
    		0 -8,654,000 -626,000                                     
      dividend payment
    		   0                                    
      proceeds from exercise of options
    		   0                                    
      taxes paid related to net share settlement of equity awards
    		-384,000 -1,000 -293,000 -50,000                                    
      net cash from financing activities
    		-31,177,000 2,442,000 -13,399,000 11,140,000 -113,737,000 -178,000 -297,000 -83,000 -19,000 -11,000 -11,000 -9,000 -11,141,000 -3,881,000 -5,859,000 -23,055,000 -1,168,000 -37,000 -40,000 -7,000 -47,000 -44,000 -25,085,000  -1,281,000 -880,000 -1,116,000  -70,643,000 -10,055,000 52,000  52,000 0 403,000 1,347,000 464,000 -23,870,000 166,000 
      effect of exchange rate changes
    		-159,000 1,885,000 613,000 -2,148,000                                    
      net change in cash and restricted cash
    		94,593,000 665,000 -5,162,000 -26,617,000                                    
      cash and restricted cash beginning of period
    		0 0 73,278,000 0                                    
      cash and restricted cash end of period
    		94,593,000 665,000 68,116,000 -26,617,000                                    
      supplemental cash flow information:
    		                                       
      cash paid for interest
    		303,000 103,000 617,000 3,552,000                                    
      cash paid for income taxes, net of refunds
    		598,000 3,162,000 4,954,000                                     
      non-cash investing and financing activities:
    		                                       
      property and equipment purchases in accounts payable
    		                                       
      operating lease assets obtained in exchange for lease obligations
    		                                       
      finance lease assets obtained in exchange for lease obligations
    		                                       
      stock issuance related to business acquisition
    		                                       
      preliminary purchase price allocation
    		                                       
      cash and restricted cash
    		                                       
      trade receivables
    		     -18,817,000 -937,000 -3,378,000 19,985,000 -2,915,000 -39,531,000 -8,560,000 3,584,000 -1,453,000 14,849,000 1,837,000 -14,818,000 15,426,000 11,024,000 -18,227,000 8,809,000 19,340,000 -19,444,000 46,249,000 -18,750,000 -11,119,000 -5,597,000 -12,153,000 -6,709,000 5,812,000 1,195,000 4,841,000 26,094,000 -11,867,000 7,044,000 14,469,000 27,875,000 73,142,000 -8,942,000 
      property and equipment
    		                                       
      right of use assets – operating
    		                                       
      intangibles
    		                                       
      total assets
    		                                       
      accrued expenses
    		                                       
      operating lease liabilities - current
    		                                       
      other current liabilities
    		                                       
      current portion of long-term debt and finance lease obligations
    		                                       
      operating lease liabilities - noncurrent
    		                                       
      long-term debt and finance lease obligations
    		                                       
      total liabilities
    		                                       
      net assets acquired
    		                                       
      goodwill
    		                                       
      total purchase consideration
    		                                       
      (gains)/losses on sale of property, equipment and lease terminations
    		 -605,000 118,000                                     
      bargain purchase gain
    		   6,847,000                                    
      gain on consolidation of equity method investment
    		                                       
      stock-based compensation expense
    		     3,378,000 2,788,000 3,173,000 2,576,000 2,566,000 2,577,000 2,694,000 2,569,000 2,573,000 2,527,000 5,354,000 3,276,000 3,079,000 3,186,000 3,453,000 3,003,000 3,282,000 3,176,000 -25,000 7,663,000 3,221,000 4,862,000 3,509,000 2,365,000 3,611,000 3,974,000 3,793,000 3,694,000 3,567,000 3,216,000 2,775,000 3,188,000 3,062,000 3,192,000 
      release of cta gain
    		                                       
      equity method investment
    		                                       
      cash acquired in stock-based business combination
    		                                       
      term loan borrowings
    		                                       
      subordinated note payments
    		                                       
      common stock and options repurchase net of sales
    		                                       
      cash paid for income taxes
    		   12,641,000                                    
      trade accounts receivable
    		                                       
      unbilled revenue
    		                                       
      allowance for credit losses
    		                                       
      (gains)/loss on sale of property and equipment
    		                                       
      (gains)/loss on lease termination
    		                                       
      fair value of shares transferred to dril-quip shareholders
    		                                       
      fair value of replacement dril-quip stock-based payment awards attributable to the purchase price
    		                                       
      total purchase price consideration
    		                                       
      cash flows from operating activities:
    		                                       
      restructuring and other charges
    		       -894,000 -307,000 -1,524,000 683,000 1,710,000 375,000 5,712,000 32,000 52,749,000 -753,000 -1,802,000 25,020,000 478,000 602,000 1,587,000 32,713,000  -152,000 -957,000 1,271,000             
      gain on sale of property, plant and equipment
    		     54,000 -200,000 -342,000 -1,027,000 -738,000 -6,647,000 -2,249,000 -17,276,000 -380,000 -114,000                         
      acquisition costs
    		     -1,921,000 18,087,000 -1,204,000                                
      deferred income taxes
    		     -2,100,000 -1,997,000 -4,479,000 878,000 945,000 -211,000 4,863,000 440,000 -229,000 1,327,000 -7,708,000 -298,000 -262,000 -433,000 7,066,000 305,000 8,441,000 -10,862,000 1,132,000 -698,000 237,000 -73,000 -3,177,000 -1,492,000 583,000 -5,000 48,760,000 -30,043,000 -365,000 -1,121,000 35,000 393,000 -2,866,000 -962,000 
      changes in operating assets and liabilities:
    		                                       
      unbilled receivables
    		     1,227,000 3,973,000 9,195,000 -18,796,000 12,732,000 -6,376,000 -4,980,000 -9,663,000 -21,483,000 -6,951,000 11,760,000 31,043,000 -5,884,000 802,000 5,031,000 -4,348,000 -11,691,000 11,224,000                 
      prepaids and other assets
    		     -6,136,000 -1,186,000 14,001,000 15,098,000 317,000 1,335,000 -3,691,000 657,000 -9,664,000 -1,768,000 -4,056,000 331,000 9,413,000 4,962,000 -1,745,000 267,000 -11,729,000 -11,723,000 -1,764,000 6,884,000 -10,100,000 15,960,000 -5,409,000 -6,558,000 959,000 -4,076,000 -7,201,000 12,837,000 1,420,000 3,051,000 -24,534,000 13,692,000 12,608,000 8,050,000 
      accounts payable and accrued expenses
    		     7,877,000 124,000 10,633,000 2,829,000 -60,000 -9,192,000 -10,644,000 436,000 14,549,000 -25,109,000 113,000 -12,221,000 9,921,000 5,202,000 -19,218,000 -12,393,000 18,436,000 -7,212,000 1,676,000 10,936,000 17,209,000 -14,478,000 -18,714,000 13,333,000 -5,971,000 -7,403,000 41,124,000 -21,133,000 4,005,000 -22,231,000 1,915,000 254,000 -18,303,000 4,766,000 
      other
    		     1,000 -52,000 -1,012,000 -19,000 -11,000 -11,000 -151,000 -5,000 40,000 -51,000 -143,000 -36,000 -37,000 -40,000 -174,000 131,000 -130,000 1,000 0 0 636,000 -699,000 -427,000 -25,000 711,000 -377,000         
      cash flows from investing activities:
    		                                       
      purchase of property, plant and equipment
    		     -6,156,000 -4,757,000 -11,585,000 -5,430,000 -10,187,000 -5,424,000 -5,154,000 -10,283,000 -1,363,000 -2,066,000 -2,062,000 -2,303,000 -3,112,000 -2,513,000 -1,700,000 -1,925,000 -4,131,000 -4,187,000 -2,881,000 -4,022,000 -1,071,000 -3,527,000 -5,378,000 -7,078,000 -9,034,000 -10,571,000 -8,059,000 -6,627,000 -8,089,000 -4,847,000 -5,474,000 -5,013,000 -7,544,000 -7,732,000 
      proceeds from sale of property, plant and equipment
    		     132,000 375,000 11,485,000 1,051,000 780,000 15,460,000 2,458,000 17,953,000 374,000 208,000                         
      purchase of short-term investments
    		       -25,888,000 -2,516,000 -11,381,000 -9,081,000 -6,945,000                            
      maturities of short-term investments
    		     4,016,000 21,892,000 8,891,000 12,400,000 11,507,000 22,392,000                             
      cash flows from financing activities:
    		                                       
      effect of exchange rate changes on cash activities
    		     -1,591,000 -2,209,000 1,377,000 -1,851,000 -843,000 123,000 1,779,000 -2,789,000 -3,073,000 1,202,000 -110,000 -1,178,000 68,000 -205,000 2,608,000 938,000 1,014,000 -5,652,000 1,337,000 -1,531,000 -767,000 172,000 -562,000 -1,516,000 -5,604,000 1,471,000 -8,028,000 6,048,000 4,911,000 3,091,000 -7,667,000 -3,325,000 -10,624,000 -3,003,000 
      increase in cash and cash equivalents
    		     -13,081,000 10,900,000     -25,475,000 -30,505,000 -17,224,000 -17,443,000 -19,721,000 4,691,000 8,268,000 16,258,000     -14,156,000 -10,024,000 8,318,000 -3,292,000 -5,953,000 -69,369,000 -2,169,000 2,411,000 20,135,000 36,058,000 22,797,000 -9,307,000 -119,133,000 50,901,000 68,363,000 42,030,000 
      cash and cash equivalents at beginning of period
    		     0 191,400,000  0 0 264,804,000  0 0 355,451,000  0 0 345,955,000  0 0 398,946,000  0 0 418,100,000  0 0 493,180,000  0 0 423,497,000  0 0 381,336,000 
      cash and cash equivalents at end of period
    		     -13,081,000 202,300,000  -55,418,000 1,147,000 235,343,000  -30,505,000 -17,224,000 338,008,000  4,691,000 8,268,000 362,213,000  13,363,000 2,336,000 343,472,000  -10,024,000 8,318,000 414,808,000  -69,369,000 -2,169,000 495,591,000  36,058,000 22,797,000 414,190,000  50,901,000 68,363,000 423,366,000 
      acquisition of great north, net of cash acquired
    		       0                                
      repurchase of common shares
    		           0 -11,150,000 -3,849,000 -5,808,000 -23,059,000    0 0 0 -25,000,000 -21,205,000 -3,369,000 -880,000 -1,116,000 -19,063,000            
      cash and cash equivalents at beginning of year
    		                                       
      cash and cash equivalents at end of year
    		                                       
      decrease in cash and cash equivalents
    		        -55,418,000 1,147,000 -29,461,000         -13,216,000   -55,474,000                 
      operating activities
    		                                       
      investing activities
    		                                       
      financing activities
    		                                       
      impairments
    		                   0 0 0 7,719,000                 
      release of contingent consideration
    		                       0                
      proceeds from sale of equipment
    		               816,000 17,000 6,000 5,944,000 2,669,000 508,000 2,451,000 687,000 629,000 836,000 1,224,000 341,000 5,644,000 727,000 10,446,000 71,000 2,010,000 550,000 171,000 439,000 76,000 142,000 63,000 76,000 
      proceeds from exercise of stock options
    		                       -146,000    510,000 464,000 590,000 52,000 105,000 52,000 0 403,000 1,266,000 432,000 353,000 155,000 
      gain on sale of assets
    		                -13,000 82,000 -3,955,000  14,000 -85,000 -467,000  -280,000 -1,190,000 -13,000             
      abl credit facility issuance costs
    		                           0 0           
      impairment, restructuring and other non-cash charges
    		                                       
      gain on sale of equipment
    		                             -5,077,000 -22,000 -89,000 9,000      -13,000 
      acquisition of business, net of cash acquired
    		                               849,000 0 -1,420,000 -19,869,000     
      net cash from (used) in financing activities
    		                                       
      excess tax benefits of stock options and awards
    		                                   -77,000 -32,000 -15,000 -11,000 
      impairment and other charges
    		                                       
      repurchase of common stock
    		                                   4,000 0   
      impairment and other non-cash charges
    		                                       
      (gain) loss on sale of equipment
    		                                    -64,000   
      principal payments on debt
    		                                       
      special items—non-cash
    		                                       
      purchase of property, plant, and equipment
    		                                       
      effect of exchange rate changes on cash
    		                                       
      excess tax benefits of stock option exercises
    		                                       
      trade accounts payable and accrued expenses
    		                                       
      principal payments on long-term debt
    		                                       
      special item—non-cash
    		                                       
      proceeds from long-term borrowings
    		                                       
      proceeds from revolving line of credit and long-term borrowings
    		                                       
      proceeds from offering
    		                                       
      excess tax benefits—stock options
    		                                       
      excess tax benefits—options
    		                                       
      disposal of rental equipment
    		                                       
      proceeds from sale of stock
    		                                       
      increase in cash
    		                                       
      cash at beginning of year
    		                                       
      cash at end of year
    		                                       
      balance at december 31, 2001
    		                                       
      translation adjustment
    		                                       
      comprehensive income
    		                                       
      balance at december 31, 2002
    		                                       
      balance at december 31, 2003
    		                                       
      options exercised
    		                                       
      balance at december 31, 2004
    		                                       
      transfer of rental equipment to inventory
    		                                       
      cash at beginning of period
    		                                       
      cash at end of period
    		                                       
      balance at december 31, 2000
    		                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.