Select Energy Services, Inc(NYSE:WTTR)
Select Energy Services, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and natural gas industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Oilfield Chemicals. The Water Services...
Website: http://www.selectenergyservices.com
Founded: 2008
Full Time Employees: 3,900
Sector: Energy
Industry: Oil & Gas Equipment & Services
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 |
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revenue | |||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||
water infrastructure | 96,736,000 | 81,188,000 | 78,805,000 | 80,855,000 | 72,391,000 | 76,811,000 | 82,017,000 | 68,564,000 | 63,508,000 | 60,852,000 | 58,375,000 | 55,277,000 | 101,547,000 | 77,178,000 | 74,396,000 | 60,284,000 | 58,554,000 | 46,873,000 | 36,787,000 | 33,326,000 | 37,803,000 | 36,129,000 | 16,165,000 | 15,300,000 | 57,762,000 | 52,314,000 | 63,953,000 | 51,710,000 | 53,616,000 | ||||||||
water services | 191,231,000 | 178,340,000 | 166,877,000 | 215,660,000 | 225,648,000 | 209,323,000 | 234,019,000 | 230,008,000 | 228,307,000 | 241,751,000 | 251,870,000 | 264,597,000 | 228,597,000 | 218,524,000 | 221,243,000 | 195,996,000 | 163,606,000 | 140,727,000 | 112,474,000 | 76,651,000 | 64,223,000 | 59,932,000 | 54,516,000 | 55,807,000 | 149,511,000 | 152,923,000 | 196,782,000 | 202,011,000 | 220,595,000 | ||||||||
chemical technologies | 77,991,000 | 86,974,000 | 76,561,000 | 67,700,000 | 76,345,000 | 62,913,000 | 55,313,000 | 66,559,000 | 74,733,000 | 72,257,000 | 79,028,000 | 84,754,000 | |||||||||||||||||||||||||
total revenue | 365,958,000 | 346,502,000 | 322,243,000 | 364,215,000 | 374,384,000 | 349,047,000 | 371,349,000 | 365,131,000 | 366,548,000 | 374,860,000 | 389,273,000 | 404,628,000 | 416,592,000 | 381,676,000 | 375,072,000 | 335,903,000 | 294,769,000 | 255,128,000 | 204,633,000 | 161,117,000 | 143,742,000 | 133,339,000 | 101,242,000 | 92,239,000 | 278,285,000 | 276,088,000 | 328,968,000 | 323,887,000 | 362,646,000 | 362,318,000 | 396,970,000 | 393,247,000 | 376,395,000 | 304,237,000 | 153,880,000 | 134,449,000 | 99,925,000 |
costs of revenue | |||||||||||||||||||||||||||||||||||||
depreciation, amortization and accretion | 45,742,000 | 51,190,000 | 43,578,000 | 41,054,000 | 38,675,000 | 40,300,000 | 38,906,000 | 37,445,000 | 36,892,000 | ||||||||||||||||||||||||||||
total costs of revenue | 300,678,000 | 301,181,000 | 278,689,000 | 306,462,000 | 318,614,000 | 304,863,000 | 308,900,000 | 304,975,000 | 313,871,000 | 320,302,000 | 333,008,000 | 343,454,000 | 356,927,000 | 340,105,000 | 316,232,000 | 300,241,000 | 270,087,000 | 237,219,000 | 195,648,000 | 162,754,000 | 148,139,000 | 137,281,000 | 118,142,000 | 115,958,000 | 262,989,000 | 254,278,000 | 287,974,000 | 283,948,000 | 316,649,000 | 327,910,000 | 337,573,000 | 336,519,000 | 328,446,000 | 277,978,000 | 134,371,000 | 122,195,000 | 100,167,000 |
gross profit | 65,280,000 | 45,321,000 | 43,554,000 | 57,753,000 | 55,770,000 | 44,184,000 | 62,449,000 | 60,156,000 | 52,677,000 | 54,558,000 | 56,265,000 | 61,174,000 | 59,665,000 | 41,571,000 | 58,840,000 | 35,662,000 | 24,682,000 | 17,909,000 | 8,985,000 | -4,397,000 | -3,942,000 | -16,900,000 | -23,719,000 | 15,296,000 | 21,810,000 | 40,994,000 | 39,939,000 | 45,997,000 | 34,408,000 | 59,397,000 | 56,728,000 | 47,949,000 | 26,259,000 | 19,509,000 | 12,254,000 | -242,000 | |
yoy | 17.05% | 2.57% | -30.26% | -3.99% | 5.87% | -19.01% | 10.99% | -1.66% | -11.71% | 31.24% | -4.38% | 71.54% | 141.73% | 132.12% | 554.87% | -661.34% | -554.31% | -153.17% | -128.75% | -118.07% | -141.23% | -159.39% | -66.75% | -36.61% | -30.98% | -29.60% | -4.07% | 31.03% | 204.46% | 362.93% | -19913.64% | ||||||
qoq | 44.04% | 4.06% | -24.59% | 3.56% | 26.22% | -29.25% | 3.81% | 14.20% | -3.45% | -3.03% | -8.02% | 2.53% | 43.53% | -29.35% | 64.99% | 44.49% | 37.82% | 99.32% | 11.54% | -76.67% | -28.75% | -255.07% | -29.87% | -46.80% | 2.64% | -13.17% | 33.68% | -42.07% | 4.70% | 18.31% | 82.60% | 34.60% | 59.21% | -5163.64% | |||
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% |
operating expenses | |||||||||||||||||||||||||||||||||||||
selling, general and administrative | 40,551,000 | 43,275,000 | 41,674,000 | 38,935,000 | 37,432,000 | 39,749,000 | 37,268,000 | 38,981,000 | 43,980,000 | 46,401,000 | 38,983,000 | 34,335,000 | 35,829,000 | 34,143,000 | 29,782,000 | 26,695,000 | 28,315,000 | 25,248,000 | 22,044,000 | 15,890,000 | 19,894,000 | 15,462,000 | 15,955,000 | 17,658,000 | 25,289,000 | 24,669,000 | 27,280,000 | 27,297,000 | 32,376,000 | 25,494,000 | 25,110,000 | 26,871,000 | 25,681,000 | 33,105,000 | 16,087,000 | 23,254,000 | 9,957,000 |
depreciation and amortization | 1,121,000 | 1,168,000 | 1,310,000 | 1,918,000 | 925,000 | 737,000 | 661,000 | 748,000 | 1,258,000 | 36,037,000 | 34,650,000 | 35,183,000 | 32,943,000 | 31,082,000 | 26,672,000 | 29,253,000 | 26,500,000 | 24,456,000 | 22,904,000 | 21,018,000 | 21,650,000 | 23,233,000 | 23,877,000 | 25,508,000 | 26,182,000 | 28,185,000 | 28,263,000 | 28,843,000 | 31,518,000 | 37,357,000 | 31,853,000 | 30,445,000 | 30,882,000 | 34,501,000 | 23,420,000 | 22,520,000 | 21,204,000 |
impairments and abandonments | 5,708,000 | 1,317,000 | 2,279,000 | 1,477,000 | 1,148,000 | 1,146,000 | 46,000 | 45,000 | 1,053,000 | 32,000 | 356,000 | 11,166,000 | |||||||||||||||||||||||||
lease abandonment costs | -68,000 | -51,000 | 63,000 | -2,000 | 724,000 | -53,000 | 5,000 | 17,000 | 389,000 | -31,000 | -12,000 | 9,000 | 76,000 | 113,000 | 83,000 | 162,000 | 91,000 | 414,000 | 154,000 | 222,000 | 104,000 | 1,857,000 | 672,000 | 868,000 | 953,000 | 579,000 | 238,000 | 183,000 | 1,073,000 | -217,000 | 1,045,000 | 1,973,000 | 1,124,000 | 701,000 | 590,000 | 418,000 | 1,863,000 |
total operating expenses | 47,312,000 | 45,709,000 | 45,326,000 | 42,328,000 | 40,229,000 | 41,579,000 | 37,934,000 | 39,792,000 | 45,672,000 | 47,853,000 | 39,515,000 | 35,439,000 | 47,666,000 | 34,829,000 | 30,408,000 | 27,383,000 | 28,973,000 | 26,257,000 | 22,760,000 | 16,736,000 | 20,647,000 | 17,987,000 | 17,312,000 | 24,086,000 | 306,127,000 | 29,023,000 | 28,519,000 | 28,760,000 | 39,364,000 | 48,390,000 | 27,139,000 | 31,933,000 | 29,346,000 | 34,298,000 | 17,052,000 | 24,163,000 | 12,266,000 |
income from operations | 17,968,000 | -388,000 | -1,772,000 | 15,425,000 | 15,541,000 | 2,605,000 | 24,515,000 | 20,364,000 | 7,005,000 | 6,705,000 | 16,750,000 | 25,735,000 | 11,999,000 | 6,742,000 | 28,432,000 | 8,279,000 | -4,291,000 | -8,348,000 | -13,775,000 | -18,373,000 | -25,044,000 | -21,929,000 | -34,212,000 | -47,805,000 | -290,831,000 | -7,213,000 | 12,475,000 | 11,179,000 | 6,633,000 | -13,982,000 | 32,258,000 | 24,795,000 | 18,603,000 | -8,039,000 | 2,457,000 | -11,909,000 | -12,508,000 |
yoy | 15.62% | -114.89% | -107.23% | -24.25% | 121.86% | -61.15% | 46.36% | -20.87% | -41.62% | -0.55% | -41.09% | 210.85% | -379.63% | -180.76% | -306.40% | -145.06% | -82.87% | -61.93% | -59.74% | -61.57% | -91.39% | 204.02% | -374.24% | -527.63% | -4484.61% | -48.41% | -61.33% | -54.91% | -64.34% | 73.93% | 1212.90% | -308.20% | -248.73% | ||||
qoq | -4730.93% | -78.10% | -111.49% | -0.75% | 496.58% | -89.37% | 20.38% | 190.71% | 4.47% | -59.97% | -34.91% | 114.48% | 77.97% | -76.29% | 243.42% | -292.94% | -48.60% | -39.40% | -25.03% | -26.64% | 14.20% | -35.90% | -28.43% | -83.56% | 3932.04% | -157.82% | 11.59% | 68.54% | -147.44% | -143.34% | 30.10% | 33.28% | -331.41% | -427.19% | -120.63% | -4.79% | |
operating margin % | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% |
other income | 895,000 | -1,629,000 | -2,700,000 | 259,000 | -15,500 | -272,000 | -59,000 | 269,000 | -2,167,000 | 1,498,000 | 2,060,000 | -458,000 | -2,973,000 | 326,000 | 1,952,000 | 1,064,000 | |||||||||||||||||||||
gain on sales of property and equipment and divestitures | 405,000 | -130,000 | 2,600,000 | 6,503,000 | 1,365,000 | 924,000 | 1,624,000 | 382,000 | 325,000 | -1,898,000 | 23,000 | -1,246,000 | 2,911,000 | 287,000 | -479,000 | 731,000 | 1,653,000 | -480,250 | 315,000 | ||||||||||||||||||
interest expense | -5,907,000 | -6,697,000 | -5,963,000 | -5,645,000 | -4,876,000 | -1,761,000 | -1,906,000 | -2,026,000 | -1,272,000 | -103,000 | -765,000 | -2,042,000 | -1,483,000 | -870,000 | -616,000 | -494,000 | -720,000 | -457,000 | -419,000 | -400,000 | -435,000 | -503,000 | -789,000 | -513,000 | -331,000 | -318,000 | -438,000 | -839,000 | -1,093,000 | -1,496,000 | -1,322,000 | -1,342,000 | -1,151,000 | -4,744,000 | -484,000 | -671,000 | -730,000 |
other | -311,000 | 715,000 | -2,277,000 | 92,000 | 329,000 | -255,000 | -78,000 | 42,000 | -282,000 | 846,000 | -1,000 | 1,000 | 249,000 | -1,000 | 301,000 | 7,165,000 | 21,606,000 | ||||||||||||||||||||
income before income tax expense and equity in earnings of unconsolidated entities | 12,155,000 | 9,061,500 | 7,512,000 | 16,375,000 | 12,359,000 | ||||||||||||||||||||||||||||||||
income tax expense | -2,433,000 | -1,962,250 | -434,000 | -4,521,000 | -2,894,000 | -2,815,750 | -5,852,000 | -3,959,000 | -1,452,000 | -267,000 | -483,000 | -387,000 | -198,000 | -812,500 | -2,501,000 | -571,000 | -178,000 | ||||||||||||||||||||
equity in earnings of unconsolidated entities | -290,000 | -1,218,000 | -4,784,000 | -183,000 | 95,000 | ||||||||||||||||||||||||||||||||
net income | 9,432,000 | -2,058,000 | 2,294,000 | 11,671,000 | 9,560,000 | -2,134,000 | 18,810,000 | 14,899,000 | 3,875,000 | 27,639,000 | 15,314,000 | 22,561,000 | 13,705,000 | 7,571,000 | 24,717,000 | 14,581,000 | 7,985,000 | 11,155,000 | -14,204,000 | -19,615,000 | -27,421,000 | -21,208,000 | -36,260,000 | -53,044,000 | -291,220,000 | -12,504,000 | 7,172,000 | 8,068,000 | 1,400,000 | -18,122,000 | 31,267,000 | 25,023,000 | 16,132,000 | -14,950,000 | 2,593,000 | -10,490,000 | -12,280,000 |
yoy | -1.34% | -3.56% | -87.80% | -21.67% | 146.71% | -107.72% | 22.83% | -33.96% | -71.73% | 265.06% | -38.04% | 54.73% | 71.63% | -32.13% | -274.01% | -174.34% | -129.12% | -152.60% | -60.83% | -63.02% | -90.58% | 69.61% | -605.58% | -757.46% | -20901.43% | -31.00% | -77.06% | -67.76% | -91.32% | 21.22% | 1105.82% | -338.54% | -231.37% | ||||
qoq | -558.31% | -189.71% | -80.34% | 22.08% | -547.99% | -111.35% | 26.25% | 284.49% | -85.98% | 80.48% | -32.12% | 64.62% | 81.02% | -69.37% | 69.52% | 82.60% | -28.42% | -178.53% | -27.59% | -28.47% | 29.30% | -41.51% | -31.64% | -81.79% | 2229.01% | -274.34% | -11.11% | 476.29% | -107.73% | -157.96% | 24.95% | 55.11% | -207.91% | -676.55% | -124.72% | -14.58% | |
net income margin % | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% |
less: net income attributable to noncontrolling interests | -826,000 | -1,024,000 | -1,321,000 | 494,000 | -3,019,000 | -2,031,000 | -250,000 | -1,193,000 | -968,000 | -2,446,000 | -1,358,000 | 3,048,000 | -981,500 | -1,793,000 | -1,868,000 | -265,000 | |||||||||||||||||||||
net income attributable to select water solutions, inc. | 8,606,000 | -346,000 | 2,683,000 | 10,647,000 | 8,239,000 | -1,640,000 | 15,791,000 | 12,868,000 | 3,625,000 | 27,595,000 | 14,346,000 | 20,115,000 | |||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||
class a—basic | 0.08 | 0.03 | 0.1 | 0.08 | -0.01 | 0.16 | 0.13 | 0.04 | 0.27 | 0.14 | 0.2 | 0.12 | 0.07 | 0.23 | 0.13 | 0.07 | 0.12 | -0.14 | -0.19 | -0.27 | -0.22 | -0.36 | -0.52 | -2.86 | -0.13 | 0.07 | 0.08 | 0.01 | -0.2 | 0.29 | 0.24 | 0.15 | 4,047,499,250 | 30,336,923,000 | |||
class b—basic | 9,615,635,250 | 38,462,541,000 | |||||||||||||||||||||||||||||||||||
class a—diluted | 0.08 | 0.03 | 0.1 | 0.08 | -0.02 | 0.15 | 0.13 | 0.04 | 0.27 | 0.14 | 0.2 | 0.12 | 0.07 | 0.22 | 0.13 | 0.07 | 0.12 | -0.14 | -0.19 | -0.27 | -0.22 | -0.36 | -0.52 | -2.86 | -0.13 | 0.07 | 0.08 | 0.01 | -0.2 | 0.29 | 0.24 | 0.15 | 4,047,499.25 | 30,357,572 | |||
class b—diluted | 9,615,635.25 | 38,462,541 | |||||||||||||||||||||||||||||||||||
remeasurement gain on business combination | 14,924,000 | ||||||||||||||||||||||||||||||||||||
less: net loss attributable to noncontrolling interests | -489,000 | 389,000 | 78,000 | -3,393,000 | -2,078,000 | -1,183,000 | -1,662,000 | 2,160,000 | 4,314,000 | 3,225,000 | 5,719,000 | 8,746,000 | 45,358,000 | 4,622,000 | -8,316,000 | -8,060,000 | -6,033,000 | 5,298,000 | -1,369,000 | 6,274,000 | 8,108,000 | ||||||||||||||||
income before income tax expense and equity in gains of unconsolidated entities | 12,173,250 | 24,155,000 | 18,762,000 | ||||||||||||||||||||||||||||||||||
equity in gains of unconsolidated entities | 38,500 | 507,000 | 96,000 | ||||||||||||||||||||||||||||||||||
income before income tax expense and equity in losses of unconsolidated entities | 5,776,000 | ||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated entities | -449,000 | -84,000 | -978,000 | -372,000 | -366,000 | -337,000 | -218,000 | -229,000 | -129,000 | -150,000 | -129,000 | ||||||||||||||||||||||||||
foreign currency loss | -1,000 | -1,000 | |||||||||||||||||||||||||||||||||||
bargain purchase gain | -416,000 | -3,273,000 | 5,607,000 | 11,434,000 | |||||||||||||||||||||||||||||||||
income before income tax expense | 13,591,000 | 16,775,000 | 23,320,000 | 14,269,000 | -13,805,000 | 9,673,000 | 8,639,000 | 1,578,000 | |||||||||||||||||||||||||||||
foreign currency gain | 1,000 | -4,000 | 1,000 | -6,000 | -6,000 | 3,000 | 1,000 | -6,000 | 4,000 | 3,000 | 45,000 | 13,000 | 27,000 | -46,000 | 5,000 | -59,000 | 67,000 | 260,000 | -800,000 | 248,000 | |||||||||||||||||
oilfield chemicals | 86,448,000 | 85,974,000 | 79,433,000 | 79,623,000 | 72,609,000 | 67,528,000 | 55,372,000 | 51,140,000 | 41,716,000 | 37,278,000 | 30,561,000 | 21,132,000 | 71,012,000 | 70,852,000 | 67,932,000 | 63,001,000 | 66,829,000 | ||||||||||||||||||||
net income attributable to select energy services, inc. | 12,347,000 | 7,649,000 | 21,324,000 | 12,503,000 | 6,802,000 | -16,567,000 | -17,983,000 | -30,541,000 | -44,298,000 | -245,862,000 | -9,930,000 | 5,379,000 | 6,200,000 | 1,135,000 | -13,500,000 | 22,951,000 | 16,963,000 | 10,099,000 | -1,791,000 | 1,224,000 | |||||||||||||||||
income before income tax benefit | 8,193,000 | 25,211,000 | 14,992,000 | 8,328,000 | -19,531,000 | -22,189,000 | -36,461,000 | -53,174,000 | -291,384,000 | ||||||||||||||||||||||||||||
income tax benefit | -285,000 | -276,000 | -182,000 | -214,000 | -358,000 | 32,000 | -84,000 | 263,000 | 981,000 | 201,000 | 130,000 | 164,000 | 323,000 | -1,415,000 | |||||||||||||||||||||||
impairment of goodwill and trademark | 276,016,000 | ||||||||||||||||||||||||||||||||||||
impairment and abandonment of property and equipment | 4,726,000 | ||||||||||||||||||||||||||||||||||||
other expense | -239,000 | -222,000 | 1,286,000 | -2,364,000 | |||||||||||||||||||||||||||||||||
loss before income tax benefit | -15,330,500 | -14,107,000 | -27,684,000 | ||||||||||||||||||||||||||||||||||
net loss attributable to select energy services, inc. | -12,929,500 | -12,044,000 | -23,107,000 | -4,216,000 | -4,172,000 | ||||||||||||||||||||||||||||||||
gross loss | -1,637,000 | ||||||||||||||||||||||||||||||||||||
losses on sales of property and equipment and divestitures | -1,657,000 | -579,000 | -2,183,000 | ||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
gains on sales of property and equipment and divestitures | -1,088,000 | 891,000 | |||||||||||||||||||||||||||||||||||
impairment of property and equipment | 3,184,000 | 2,773,000 | 49,000 | 374,000 | 519,000 | 4,375,000 | 2,282,000 | ||||||||||||||||||||||||||||||
losses on sales of property, equipment and divestitures | -435,000 | ||||||||||||||||||||||||||||||||||||
impairment of goodwill | 4,396,000 | ||||||||||||||||||||||||||||||||||||
impairment of cost-method investment | |||||||||||||||||||||||||||||||||||||
gains on sales of property and equipment | -2,058,250 | -2,033,000 | -1,709,000 | ||||||||||||||||||||||||||||||||||
class a-2—basic | -0.2 | 0.15 | |||||||||||||||||||||||||||||||||||
class a-2—diluted | -0.2 | 0.15 | |||||||||||||||||||||||||||||||||||
losses on sales of property and equipment | -4,491,000 | ||||||||||||||||||||||||||||||||||||
class a-1—basic | 2,417,948,750 | ||||||||||||||||||||||||||||||||||||
class a-1—diluted | 2,417,948.75 | ||||||||||||||||||||||||||||||||||||
water solutions and related services | 265,322,000 | 301,410,000 | 297,446,000 | 281,555,000 | |||||||||||||||||||||||||||||||||
accommodations and rentals | 18,029,000 | 18,022,000 | 15,949,000 | 14,744,000 | 15,431,000 | 15,615,000 | 13,327,000 | 9,515,000 | |||||||||||||||||||||||||||||
wellsite completion and construction services | 11,598,000 | 13,553,000 | 15,045,000 | 16,466,000 | 12,452,000 | 13,179,000 | 13,310,000 | 12,033,000 | |||||||||||||||||||||||||||||
oilfield chemical product sales | 67,369,000 | 63,985,000 | 64,807,000 | 63,630,000 | |||||||||||||||||||||||||||||||||
impairment of investment | 500,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||
income before tax expense | 18,612,000 | 32,682,000 | 25,173,000 | 16,594,000 | -5,125,750 | 2,299,000 | |||||||||||||||||||||||||||||||
foreign currency losses | -340,000 | -400,000 | |||||||||||||||||||||||||||||||||||
tax benefit | -150,000 | 525,000 | 294,000 | 138,000 | |||||||||||||||||||||||||||||||||
tax expense | -462,000 | -106,000 | |||||||||||||||||||||||||||||||||||
water solutions | 77,818,750 | 125,086,000 | 107,812,000 | 78,377,000 | |||||||||||||||||||||||||||||||||
impairment of goodwill and other intangible assets | |||||||||||||||||||||||||||||||||||||
less: net loss attributable to predecessor | |||||||||||||||||||||||||||||||||||||
allocation of net income attributable to: | |||||||||||||||||||||||||||||||||||||
class a-1 stockholders | -1,012,000 | -2,032,000 | -3,363,000 | ||||||||||||||||||||||||||||||||||
class a stockholders | -8,075,000 | 1,224,000 | -2,184,000 | -809,000 | |||||||||||||||||||||||||||||||||
class b stockholders | |||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||
loss before tax expense | -10,628,000 | -12,174,000 | |||||||||||||||||||||||||||||||||||
allocation of net loss attributable to: | |||||||||||||||||||||||||||||||||||||
class a-1—basic & diluted | 13,092,308,000 | 16,100,000,000 | |||||||||||||||||||||||||||||||||||
class a—basic & diluted | 14,075,052,000 | 3,870,194,000 | |||||||||||||||||||||||||||||||||||
class b—basic & diluted | 38,462,541,000 | 38,462,541,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 55,970,000 | 18,084,000 | 17,828,000 | 51,186,000 | 27,892,000 | 19,978,000 | 10,938,000 | 16,417,000 | 12,753,000 | 57,083,000 | 25,043,000 | 10,562,000 | 6,028,000 | 7,322,000 | 13,222,000 | 25,742,000 | 24,797,000 | 85,801,000 | 107,413,000 | 143,722,000 | 160,021,000 | 169,039,000 | 185,438,000 | 166,407,000 | 114,142,000 | 79,268,000 | 42,999,000 | 23,818,000 | 15,683,000 | 17,237,000 | 13,050,000 | 11,301,000 | 6,117,000 | 2,774,000 | 42,393,000 | 52,777,000 | 8,048,000 |
accounts receivable trade, net of allowance for credit losses of 5,357 and 4,801, respectively | 317,748,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable, related parties | 22,000 | 63,000 | 42,000 | 96,000 | 194,000 | 150,000 | 119,000 | 98,000 | 330,000 | 171,000 | 287,000 | 290,000 | 607,000 | 5,087,000 | 303,000 | 382,000 | 157,000 | 219,000 | 131,000 | 205,000 | 332,000 | 69,000 | 595,000 | 1,649,000 | 2,673,000 | 4,677,000 | 5,493,000 | 3,105,000 | 1,634,000 | 1,119,000 | 2,313,000 | 820,000 | 7,206,000 | 7,669,000 | 433,000 | 389,000 | 279,000 |
inventories | 37,313,000 | 34,278,000 | 37,974,000 | 41,680,000 | 40,795,000 | 38,447,000 | 35,819,000 | 37,501,000 | 37,636,000 | 38,653,000 | 44,880,000 | 42,893,000 | 40,846,000 | 41,164,000 | 40,314,000 | 39,389,000 | 43,074,000 | 44,456,000 | 37,967,000 | 38,546,000 | 34,410,000 | 33,384,000 | 34,366,000 | 38,186,000 | 38,502,000 | 37,542,000 | 39,613,000 | 39,952,000 | 42,520,000 | 44,992,000 | 49,457,000 | 51,680,000 | 44,501,000 | 44,598,000 | 852,000 | 691,000 | 940,000 |
prepaid expenses and other current assets | 33,357,000 | 37,996,000 | 47,470,000 | 37,252,000 | 50,840,000 | 45,354,000 | 51,130,000 | 35,142,000 | 37,886,000 | 35,541,000 | 44,490,000 | 36,483,000 | 39,774,000 | 34,380,000 | 37,334,000 | 32,724,000 | 33,979,000 | 31,486,000 | 25,052,000 | 24,852,000 | 20,774,000 | 19,621,000 | 19,815,000 | 22,790,000 | 20,268,000 | 26,486,000 | 26,233,000 | 29,435,000 | 26,365,000 | 27,093,000 | 20,805,000 | 29,800,000 | 20,295,000 | 17,842,000 | 13,495,000 | 7,781,000 | 5,683,000 |
total current assets | 444,410,000 | 354,386,000 | 380,263,000 | 439,425,000 | 457,850,000 | 385,498,000 | 396,682,000 | 384,273,000 | 411,718,000 | 454,059,000 | 470,232,000 | 520,993,000 | 579,868,000 | 517,936,000 | 479,970,000 | 437,102,000 | 398,204,000 | 394,786,000 | 356,256,000 | 356,015,000 | 355,553,000 | 351,505,000 | 332,362,000 | 334,497,000 | 407,840,000 | 415,601,000 | 425,068,000 | 421,228,000 | 433,905,000 | 432,152,000 | 508,008,000 | 518,818,000 | 485,165,000 | 446,516,000 | 205,545,000 | 191,177,000 | 118,130,000 |
property and equipment | 1,672,966,000 | 1,629,406,000 | 1,581,048,000 | 1,467,442,000 | 1,471,791,000 | 1,405,486,000 | 1,363,666,000 | 1,312,239,000 | 1,242,133,000 | 1,144,989,000 | 1,151,654,000 | 1,120,626,000 | 1,112,899,000 | 1,084,005,000 | 1,018,402,000 | 1,013,230,000 | 997,229,000 | 943,515,000 | 892,872,000 | 858,592,000 | 870,091,000 | 878,902,000 | 907,980,000 | 930,308,000 | 986,790,000 | 1,015,379,000 | 1,084,096,000 | 1,069,496,000 | 1,071,777,000 | 1,114,378,000 | 1,112,138,000 | 1,063,847,000 | 1,051,970,000 | 1,034,995,000 | 815,002,000 | 789,924,000 | 756,124,000 |
accumulated depreciation | -736,935,000 | -717,223,000 | -693,686,000 | -672,698,000 | -704,300,000 | -679,832,000 | -689,978,000 | -663,284,000 | -650,952,000 | -627,408,000 | -628,293,000 | -609,392,000 | -597,861,000 | -584,451,000 | -591,340,000 | -574,348,000 | -556,764,000 | -551,727,000 | -549,725,000 | -541,021,000 | -537,199,000 | -528,537,000 | -538,380,000 | -537,323,000 | -560,340,000 | -562,986,000 | -617,740,000 | -603,191,000 | -595,332,000 | -611,530,000 | -608,040,000 | -580,102,000 | -578,220,000 | -560,886,000 | -535,456,000 | -519,080,000 | -500,541,000 |
total property and equipment | 936,031,000 | 912,183,000 | 887,362,000 | 800,407,000 | 767,491,000 | 725,654,000 | 673,688,000 | 648,955,000 | 591,181,000 | 517,581,000 | 523,361,000 | 511,234,000 | 515,038,000 | 499,554,000 | 427,062,000 | 438,882,000 | 440,465,000 | 391,788,000 | 343,147,000 | 317,571,000 | 332,892,000 | 350,365,000 | 369,600,000 | 392,985,000 | 426,450,000 | 453,278,000 | 467,246,000 | 468,211,000 | 490,178,000 | ||||||||
right-of-use assets | 32,195,000 | 28,708,000 | 28,429,000 | 31,053,000 | 33,511,000 | 36,851,000 | 39,714,000 | 42,293,000 | 42,931,000 | 39,504,000 | 39,950,000 | 41,923,000 | 44,562,000 | 47,662,000 | 48,275,000 | 51,245,000 | 54,933,000 | 47,732,000 | 47,806,000 | 47,509,000 | 49,881,000 | 52,331,000 | 57,402,000 | 59,431,000 | 65,234,000 | 70,635,000 | 73,138,000 | 75,302,000 | 72,341,000 | ||||||||
goodwill | 48,485,000 | 48,485,000 | 45,129,000 | 18,215,000 | 18,215,000 | 18,215,000 | 30,259,000 | 36,664,000 | 31,202,000 | 4,683,000 | 4,683,000 | 4,683,000 | 266,934,000 | 266,934,000 | 266,934,000 | 266,934,000 | 273,801,000 | 274,753,000 | 278,359,000 | 275,795,000 | 273,421,000 | 25,091,000 | 23,278,000 | 22,975,000 | |||||||||||||
other intangible assets | 101,999,000 | 106,204,000 | 110,582,000 | 114,959,000 | 119,337,000 | 123,715,000 | 127,930,000 | 126,834,000 | 127,649,000 | 116,189,000 | 120,851,000 | 125,514,000 | 125,799,000 | 138,800,000 | 100,455,000 | 103,032,000 | 105,881,000 | 108,472,000 | 111,192,000 | 110,846,000 | 113,463,000 | 116,079,000 | 118,801,000 | 121,761,000 | 124,878,000 | 136,952,000 | 139,969,000 | 142,438,000 | 145,408,000 | 148,377,000 | 148,327,000 | 148,908,000 | 152,215,000 | 156,066,000 | 35,351,000 | 35,380,000 | 36,017,000 |
deferred tax assets | 48,337,000 | 48,881,000 | 38,820,000 | 39,407,000 | 43,851,000 | 46,339,000 | 48,879,000 | 54,529,000 | 60,489,000 | 61,617,000 | |||||||||||||||||||||||||||
investments in unconsolidated entities | 77,709,000 | 78,234,000 | 78,394,000 | 83,272,000 | 83,501,000 | ||||||||||||||||||||||||||||||||
other long-term assets | 17,709,000 | 18,531,000 | 19,172,000 | 19,751,000 | 21,455,000 | 30,010,000 | 29,495,000 | 29,572,000 | 26,137,000 | 24,557,000 | 23,411,000 | 22,745,000 | 19,985,000 | 18,901,000 | 16,639,000 | 13,567,000 | 12,437,000 | 7,414,000 | 9,731,000 | 7,922,000 | 6,869,000 | 5,079,000 | |||||||||||||||
total assets | 1,706,875,000 | 1,595,612,000 | 1,588,151,000 | 1,546,489,000 | 1,545,211,000 | 1,366,282,000 | 1,346,647,000 | 1,323,120,000 | 1,291,307,000 | 1,218,190,000 | 1,182,488,000 | 1,227,092,000 | 1,285,252,000 | 1,222,853,000 | 1,072,401,000 | 1,043,828,000 | 1,011,920,000 | 950,192,000 | 868,132,000 | 839,863,000 | 858,658,000 | 875,359,000 | 880,633,000 | 911,314,000 | 1,026,908,000 | 1,347,620,000 | 1,376,857,000 | 1,377,177,000 | 1,411,952,000 | 1,360,605,000 | 1,438,785,000 | 1,433,742,000 | 1,391,009,000 | 1,356,368,000 | 552,749,000 | 528,601,000 | 441,115,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||
accounts payable | 55,065,000 | 49,682,000 | 54,710,000 | 47,663,000 | 44,996,000 | 39,189,000 | 41,435,000 | 36,746,000 | 54,389,000 | 42,582,000 | 54,500,000 | 47,387,000 | 77,585,000 | 61,539,000 | 55,844,000 | 53,986,000 | 57,311,000 | 36,049,000 | 26,655,000 | 26,368,000 | 24,847,000 | 12,995,000 | 11,037,000 | 11,151,000 | 26,518,000 | 35,686,000 | 38,530,000 | 53,107,000 | 64,694,000 | 53,847,000 | 54,437,000 | 66,756,000 | 62,415,000 | 52,579,000 | 11,751,000 | 12,122,000 | 13,012,000 |
accrued accounts payable | 36,846,000 | 46,275,000 | 53,843,000 | 73,984,000 | 111,144,000 | 76,196,000 | 66,172,000 | 72,493,000 | 62,833,000 | 66,182,000 | 74,302,000 | 75,872,000 | 75,625,000 | 67,462,000 | 64,861,000 | 71,270,000 | 49,935,000 | 52,051,000 | 34,663,000 | 26,677,000 | 23,177,000 | 21,359,000 | 13,058,000 | 13,248,000 | 39,692,000 | 47,547,000 | 51,209,000 | 43,311,000 | 48,162,000 | 62,536,000 | |||||||
accounts payable and accrued expenses, related parties | 3,583,000 | 3,634,000 | 3,945,000 | 5,566,000 | 5,904,000 | 4,378,000 | 5,891,000 | 3,251,000 | 4,227,000 | 4,086,000 | 3,554,000 | 3,057,000 | 4,469,000 | 3,305,000 | 3,775,000 | 2,793,000 | 2,375,000 | 1,939,000 | 1,478,000 | 1,418,000 | 946,000 | 519,000 | 300,000 | 240,000 | 2,345,000 | 2,789,000 | 3,297,000 | 3,417,000 | 7,375,000 | 5,056,000 | 4,341,000 | 3,924,000 | 2,600,000 | 2,772,000 | 1,246,000 | 846,000 | 666,000 |
accrued salaries and benefits | 15,772,000 | 17,702,000 | 21,028,000 | 24,541,000 | 15,345,000 | 29,937,000 | 21,142,000 | 24,342,000 | 17,692,000 | 28,401,000 | 20,573,000 | 24,613,000 | 15,431,000 | 28,686,000 | 21,704,000 | 23,485,000 | 16,517,000 | 22,233,000 | 12,987,000 | 12,234,000 | 14,996,000 | 16,279,000 | 14,811,000 | 10,624,000 | 21,304,000 | 20,079,000 | 25,761,000 | 16,734,000 | 25,666,000 | 22,113,000 | 25,614,000 | 14,394,000 | 20,222,000 | 21,324,000 | 8,595,000 | 2,499,000 | 6,431,000 |
accrued insurance | 18,722,000 | 22,272,000 | 23,557,000 | 16,231,000 | 21,698,000 | 24,685,000 | 29,970,000 | 17,399,000 | 17,227,000 | 19,720,000 | 20,244,000 | 17,714,000 | 23,503,000 | 26,180,000 | 21,520,000 | 15,335,000 | 18,664,000 | 13,408,000 | 9,881,000 | 10,836,000 | 9,458,000 | 9,788,000 | 10,227,000 | 10,379,000 | 8,012,000 | 8,843,000 | 13,367,000 | 15,799,000 | 13,359,000 | 14,849,000 | 20,492,000 | 23,260,000 | 11,928,000 | 12,510,000 | 11,008,000 | 9,136,000 | 9,351,000 |
sales tax payable | 3,142,000 | 2,435,000 | 3,789,000 | 2,046,000 | 2,139,000 | 2,110,000 | 2,668,000 | 2,493,000 | 2,973,000 | 1,397,000 | 3,074,000 | 3,655,000 | 4,036,000 | 3,056,000 | 2,863,000 | 2,408,000 | 2,609,000 | 2,706,000 | 1,662,000 | 1,224,000 | 2,488,000 | 1,415,000 | 678,000 | 1,014,000 | 1,688,000 | 2,119,000 | 1,185,000 | 1,282,000 | 2,530,000 | 5,820,000 | 5,155,000 | 9,870,000 | 12,570,000 | 12,931,000 | |||
accrued expenses and other current liabilities | 36,573,000 | 37,549,000 | 40,672,000 | 32,997,000 | 32,338,000 | 40,137,000 | 37,866,000 | 38,282,000 | 35,800,000 | 33,511,000 | 29,061,000 | 19,301,000 | 19,783,000 | 23,292,000 | 21,957,000 | 19,121,000 | 20,100,000 | 19,544,000 | 10,571,000 | 9,638,000 | 13,325,000 | 12,077,000 | 13,296,000 | 12,957,000 | 14,894,000 | 15,375,000 | 12,784,000 | 10,615,000 | 9,415,000 | 14,560,000 | 91,218,000 | 96,409,000 | 91,400,000 | 81,112,000 | 39,713,000 | 30,378,000 | 24,031,000 |
current operating lease liabilities | 14,343,000 | 14,247,000 | 13,423,000 | 15,368,000 | 15,814,000 | 16,439,000 | 16,781,000 | 16,934,000 | 16,241,000 | 15,005,000 | 15,274,000 | 16,162,000 | 16,898,000 | 17,751,000 | 16,957,000 | 17,573,000 | 18,101,000 | 13,997,000 | 14,153,000 | 13,521,000 | 13,968,000 | 14,019,000 | 14,611,000 | 14,746,000 | 17,002,000 | 19,315,000 | 19,488,000 | 19,553,000 | 21,959,000 | ||||||||
current portion of long-term debt | 46,875,000 | 31,250,000 | 15,625,000 | ||||||||||||||||||||||||||||||||||
current portion of finance lease obligations | 655,000 | 650,000 | 701,000 | 644,000 | 490,000 | 211,000 | 207,000 | 199,000 | 196,000 | 194,000 | 87,000 | 15,000 | 19,000 | 19,000 | 19,000 | 19,000 | 57,000 | 113,000 | 190,000 | 267,000 | 287,000 | 307,000 | 304,000 | 297,000 | 84,000 | 128,000 | 248,000 | 421,000 | 743,000 | ||||||||
total current liabilities | 231,576,000 | 225,696,000 | 231,310,000 | 219,057,000 | 249,885,000 | 233,375,000 | 222,601,000 | 212,608,000 | 212,047,000 | 211,547,000 | 220,669,000 | 207,776,000 | 237,349,000 | 231,290,000 | 209,500,000 | 205,990,000 | 185,669,000 | 162,040,000 | 112,240,000 | 102,183,000 | 103,492,000 | 88,758,000 | 78,322,000 | 74,656,000 | 131,539,000 | 151,881,000 | 165,869,000 | 164,239,000 | 193,903,000 | 179,719,000 | 202,433,000 | 216,081,000 | 202,841,000 | 185,193,000 | 72,313,000 | 54,981,000 | 53,491,000 |
long-term tax receivable agreements liabilities | 43,421,000 | 43,421,000 | 38,409,000 | 38,409,000 | 38,409,000 | 38,409,000 | 37,718,000 | 37,718,000 | 37,718,000 | ||||||||||||||||||||||||||||
long-term operating lease liabilities | 23,724,000 | 21,533,000 | 23,292,000 | 25,007,000 | 27,952,000 | 31,092,000 | 34,792,000 | 37,938,000 | 39,667,000 | 37,799,000 | 38,837,000 | 40,712,000 | 43,372,000 | 46,388,000 | 48,552,000 | 51,597,000 | 55,464,000 | 53,198,000 | 54,143,000 | 55,208,000 | 57,834,000 | 60,984,000 | 64,217,000 | 65,928,000 | 69,110,000 | 72,143,000 | 72,672,000 | 75,169,000 | 70,641,000 | ||||||||
long-term debt | 199,645,000 | 285,043,000 | 285,440,000 | 270,837,000 | 245,888,000 | 85,000,000 | 80,000,000 | 90,000,000 | 75,000,000 | 65,000,000 | 75,500,000 | 16,000,000 | 25,000,000 | 45,000,000 | 65,000,000 | 80,000,000 | 75,000,000 | 75,000,000 | 34,000,000 | ||||||||||||||||||
other long-term liabilities | 88,876,000 | 92,852,000 | 78,045,000 | 70,060,000 | 66,128,000 | 62,872,000 | 52,110,000 | 42,726,000 | 38,554,000 | 38,954,000 | 43,983,000 | 49,651,000 | 45,696,000 | 45,447,000 | 44,947,000 | 45,096,000 | 47,395,000 | 39,780,000 | 32,788,000 | 21,926,000 | 19,383,000 | 19,735,000 | 12,698,000 | 11,093,000 | 10,702,000 | 10,784,000 | 12,197,000 | 10,921,000 | 7,295,000 | 8,361,000 | 10,133,000 | ||||||
total liabilities | 587,242,000 | 668,545,000 | 656,496,000 | 623,370,000 | 628,262,000 | 450,748,000 | 427,221,000 | 420,990,000 | 402,986,000 | 326,018,000 | 303,489,000 | 363,139,000 | 401,917,000 | 339,125,000 | 302,999,000 | 302,683,000 | 288,528,000 | 255,018,000 | 199,171,000 | 179,317,000 | 180,709,000 | 169,477,000 | 155,237,000 | 151,677,000 | 211,351,000 | 234,808,000 | 250,738,000 | 250,329,000 | 296,839,000 | 249,832,000 | 296,113,000 | 324,930,000 | 309,739,000 | 292,999,000 | 98,421,000 | 79,736,000 | 112,544,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||
class a common stock, 0.01 par value... | 1,218,000 | 1,049,000 | 1,049,000 | 1,042,000 | 1,039,000 | 1,031,000 | 1,028,000 | 1,028,000 | 1,027,000 | 1,022,000 | 1,039,000 | 1,038,000 | 1,090,000 | 1,094,000 | 981,000 | 982,000 | 981,000 | 942,000 | 921,000 | 882,000 | 879,000 | 868,000 | 868,000 | 869,000 | 880,000 | 879,000 | 863,000 | 802,000 | 800,000 | 790,000 | 807,000 | 773,000 | 662,000 | 592,000 | 305,000 | 303,000 | 41,000 |
class b common stock, 0.01 par value... | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 162,000 | 185,000 | 260,000 | 260,000 | 260,000 | 260,000 | 294,000 | 404,000 | 404,000 | 385,000 | 385,000 | 385,000 |
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||||||||||||
additional paid-in capital | 1,166,419,000 | 989,329,000 | 991,475,000 | 985,337,000 | 989,785,000 | 998,474,000 | 999,812,000 | 1,001,123,000 | 1,001,967,000 | 1,008,095,000 | 1,022,406,000 | 1,023,370,000 | 1,063,149,000 | 1,075,915,000 | 977,063,000 | 974,066,000 | 971,282,000 | 950,464,000 | 935,742,000 | 912,872,000 | 910,688,000 | 909,278,000 | 907,832,000 | 906,164,000 | 909,812,000 | 914,699,000 | 893,293,000 | 821,968,000 | 818,556,000 | 813,599,000 | 828,137,000 | 790,699,000 | 675,895,000 | 673,141,000 | 206,158,000 | 204,295,000 | 115,891,000 |
accumulated deficit | -176,318,000 | -184,924,000 | -184,578,000 | -187,261,000 | -197,908,000 | -206,147,000 | -204,507,000 | -220,298,000 | -233,166,000 | -236,791,000 | -264,386,000 | -278,732,000 | -298,847,000 | -311,194,000 | -318,843,000 | -340,167,000 | -352,670,000 | -359,472,000 | -368,965,000 | -356,921,000 | -340,354,000 | -7,760,000 | -17,859,000 | -8,207,000 | -9,431,000 | -5,215,000 | |||||||||||
total stockholders’ equity | 991,481,000 | 805,616,000 | 808,108,000 | 799,280,000 | 793,078,000 | 793,520,000 | 796,495,000 | 782,015,000 | 769,990,000 | 772,488,000 | 759,221,000 | 745,838,000 | 765,554,000 | 765,977,000 | 659,363,000 | 635,043,000 | 619,755,000 | 592,096,000 | 567,860,000 | 556,995,000 | 571,375,000 | 593,061,000 | 609,598,000 | 638,472,000 | 686,429,000 | 937,177,000 | 925,708,000 | 848,638,000 | 839,090,000 | 832,934,000 | 861,340,000 | 800,821,000 | 669,244,000 | 656,647,000 | 198,641,000 | 195,552,000 | 111,263,000 |
noncontrolling interests | 128,152,000 | 121,451,000 | 123,547,000 | 123,839,000 | 123,871,000 | 122,014,000 | 122,931,000 | 120,115,000 | 118,331,000 | 119,684,000 | 119,778,000 | 118,115,000 | 117,781,000 | 117,751,000 | 110,039,000 | 106,102,000 | 103,637,000 | 103,078,000 | 101,101,000 | 103,551,000 | 106,574,000 | 112,821,000 | 115,798,000 | 121,165,000 | 129,128,000 | 175,635,000 | 200,411,000 | 278,210,000 | 276,023,000 | 277,839,000 | 281,332,000 | 307,991,000 | 412,026,000 | 406,722,000 | 255,687,000 | 253,313,000 | 217,308,000 |
total equity | 1,119,633,000 | 927,067,000 | 931,655,000 | 923,119,000 | 916,949,000 | 915,534,000 | 919,426,000 | 902,130,000 | 888,321,000 | 892,172,000 | 878,999,000 | 863,953,000 | 883,335,000 | 883,728,000 | 769,402,000 | 741,145,000 | 723,392,000 | 695,174,000 | 668,961,000 | 660,546,000 | 677,949,000 | 705,882,000 | 725,396,000 | 759,637,000 | 815,557,000 | 1,112,812,000 | 1,126,119,000 | 1,126,848,000 | 1,115,113,000 | 1,110,773,000 | 1,142,672,000 | 1,108,812,000 | 1,081,270,000 | 1,063,369,000 | 454,328,000 | 448,865,000 | 328,571,000 |
total liabilities and equity | 1,706,875,000 | 1,595,612,000 | 1,588,151,000 | 1,546,489,000 | 1,545,211,000 | 1,366,282,000 | 1,346,647,000 | 1,323,120,000 | 1,291,307,000 | 1,218,190,000 | 1,182,488,000 | 1,227,092,000 | 1,285,252,000 | 1,222,853,000 | 1,072,401,000 | 1,043,828,000 | 1,011,920,000 | 950,192,000 | 868,132,000 | 839,863,000 | 858,658,000 | 875,359,000 | 880,633,000 | 911,314,000 | 1,026,908,000 | 1,347,620,000 | 1,376,857,000 | 1,377,177,000 | 1,411,952,000 | 1,360,605,000 | 1,438,785,000 | 1,433,742,000 | 1,391,009,000 | 1,356,368,000 | 552,749,000 | 528,601,000 | 441,115,000 |
accounts receivable trade, net of allowance for credit losses of 4,801 and 4,543, respectively | 263,965,000 | ||||||||||||||||||||||||||||||||||||
current portion of tax receivable agreements liabilities | 17,000 | 17,000 | 17,000 | 93,000 | 469,000 | 469,000 | 469,000 | ||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,919 and 4,543, respectively | 276,949,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,059 and 4,543, respectively | 309,211,000 | ||||||||||||||||||||||||||||||||||||
property and equipment held-for-sale | 5,663,000 | 885,000 | 890,000 | 1,906,000 | 13,733,000 | ||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,387 and 4,543, respectively | 338,129,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,543 and 5,318, respectively | 281,569,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,413 and 5,318, respectively | 298,676,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,914 and 5,318, respectively | 295,115,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,259 and 5,318, respectively | 323,113,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,318 and 4,918, respectively | 322,611,000 | ||||||||||||||||||||||||||||||||||||
tax receivable agreements liabilities | 469,000 | ||||||||||||||||||||||||||||||||||||
class a-2 common stock, 0.01 par value... | 67,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,762 and 4,918, respectively | 355,532,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,961 and 4,918, respectively | 430,765,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 6,009 and 4,918, respectively | 492,613,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,918 and 4,401, respectively | 429,983,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,891 and 4,401, respectively | 388,797,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 5,687 and 4,401, respectively | 338,865,000 | ||||||||||||||||||||||||||||||||||||
restricted cash | 2,602,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,972 and 4,401, respectively | 293,595,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 4,401 and 9,157, respectively | 232,824,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 6,065 and 9,157, respectively | 185,693,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 7,514 and 9,157, respectively | 148,690,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 8,617 and 9,157, respectively | 140,016,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 9,157 and 5,773, respectively | 129,392,000 | ||||||||||||||||||||||||||||||||||||
accumulated (deficit) retained earnings | -317,247,000 | -299,264,000 | -268,723,000 | -224,425,000 | |||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 9,731 and 5,773, respectively | 92,148,000 | ||||||||||||||||||||||||||||||||||||
other assets | 2,468,000 | 2,640,000 | 2,506,000 | 4,220,000 | 4,502,000 | 3,064,000 | 3,186,000 | 3,427,000 | 3,599,000 | 3,912,000 | 4,084,000 | 6,256,000 | 7,216,000 | 7,922,000 | 8,410,000 | ||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 9,474 and 5,773, respectively | 105,465,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for credit losses of 7,136 and 5,773, respectively | 232,255,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 5,773 and 5,329, respectively | 267,628,000 | ||||||||||||||||||||||||||||||||||||
retained earnings | 21,437,000 | 31,367,000 | 25,988,000 | 19,788,000 | 18,653,000 | 32,153,000 | 9,203,000 | ||||||||||||||||||||||||||||||
accumulated other comprehensive deficit | -380,000 | -314,000 | |||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 5,392 and 5,329, respectively | 310,730,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 4,921 and 5,329, respectively | 324,918,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 5,580 and 5,329, respectively | 347,703,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 5,329 and 2,979, respectively | 341,711,000 | ||||||||||||||||||||||||||||||||||||
current portion of capital lease obligations | 938,000 | 1,176,000 | 1,468,000 | 1,706,000 | 1,965,000 | ||||||||||||||||||||||||||||||||
accrued lease obligations | 16,752,000 | 18,547,000 | 19,220,000 | 18,321,000 | 18,979,000 | 18,100,000 | 17,029,000 | 17,282,000 | |||||||||||||||||||||||||||||
accumulated other comprehensive (deficit) income | -368,000 | -17,000 | -148,000 | ||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 2,549 and 2,979, respectively | 422,383,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 3,762 and 2,979, respectively | 425,217,000 | ||||||||||||||||||||||||||||||||||||
other long term liabilities | 9,629,000 | 13,577,000 | 13,827,000 | 8,008,000 | 7,726,000 | 7,771,000 | |||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 3,341 and 2,979, respectively | 407,046,000 | ||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 43,000 | 302,000 | |||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 2,979 and 2,144, respectively | 373,633,000 | ||||||||||||||||||||||||||||||||||||
class a-1 common stock, 0.01 par value... | 161,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 2,867 and 2,144, respectively | 148,372,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 2,517 and 2,144, respectively | 129,539,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable trade, net of allowance for doubtful accounts of 2,203 and 2,144, respectively | 103,180,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||
net income | 9,432,000 | 2,294,000 | 11,671,000 | 9,560,000 | -2,134,000 | 18,810,000 | 14,899,000 | 3,875,000 | 27,639,000 | 15,314,000 | 22,561,000 | 13,705,000 | 7,571,000 | 24,717,000 | 14,581,000 | 7,985,000 | -21,208,000 | -36,260,000 | -53,044,000 | -291,220,000 | -12,504,000 | 7,172,000 | 8,068,000 | 1,400,000 | -18,122,000 | 31,266,000 | 25,023,000 | 16,132,000 | ||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||
depreciation, amortization and accretion | 46,863,000 | 44,888,000 | 42,972,000 | 39,600,000 | 41,037,000 | 39,567,000 | 38,193,000 | 38,150,000 | ||||||||||||||||||||||||||||
deferred tax expense | 2,394,000 | 608,000 | 4,472,000 | 2,486,000 | 1,929,000 | 5,650,000 | 3,792,000 | 1,129,000 | ||||||||||||||||||||||||||||
gain on disposal of property and equipment and divestitures | -405,000 | -2,600,000 | -6,503,000 | -1,365,000 | -1,624,000 | -382,000 | -325,000 | 1,898,000 | -23,000 | 1,246,000 | -2,911,000 | |||||||||||||||||||||||||
equity in losses of unconsolidated entities | 290,000 | 4,784,000 | 183,000 | -95,000 | 506,000 | -507,000 | -96,000 | 449,000 | 84,000 | 978,000 | 372,000 | 366,000 | 337,000 | 218,000 | 229,000 | 129,000 | 150,000 | |||||||||||||||||||
credit loss expense | 737,000 | -98,000 | 708,000 | 514,000 | ||||||||||||||||||||||||||||||||
amortization and write off of debt issuance costs | 413,000 | 412,000 | 405,000 | 998,000 | ||||||||||||||||||||||||||||||||
inventory adjustments | 98,000 | 32,000 | 60,000 | -40,000 | -110,000 | -95,000 | -400,000 | -33,000 | 1,792,000 | 115,000 | 367,000 | 75,000 | -125,000 | |||||||||||||||||||||||
equity-based compensation | 5,825,000 | 7,398,000 | 3,198,000 | 3,481,000 | 7,999,000 | 5,799,000 | 6,201,000 | 6,359,000 | 4,582,000 | 5,014,000 | 4,809,000 | 2,964,000 | 4,547,000 | 3,804,000 | 3,944,000 | 3,275,000 | 3,221,000 | 2,302,000 | 2,524,000 | 1,422,000 | 1,706,000 | 2,242,000 | 1,242,000 | 574,000 | 3,611,000 | 3,566,000 | 4,129,000 | 4,179,000 | 2,341,000 | 2,565,000 | 2,984,000 | 2,481,000 | 5,910,000 | 549,000 | 589,000 | 643,000 |
impairments and abandonments | 5,708,000 | 2,279,000 | 1,477,000 | 1,148,000 | 1,146,000 | 0 | 46,000 | 45,000 | 1,053,000 | 32,000 | 356,000 | 11,166,000 | ||||||||||||||||||||||||
other operating items | 598,000 | 625,000 | 666,000 | 487,000 | 167,000 | -41,000 | 655,000 | 312,000 | 506,000 | -52,000 | -462,000 | -442,000 | -1,279,000 | -232,000 | -577,000 | 99,000 | -1,486,000 | -170,000 | -10,000 | -129,000 | -565,000 | -246,000 | 451,000 | -47,000 | -19,000 | 437,000 | 92,000 | -270,000 | 316,000 | 680,000 | 174,000 | 117,000 | 207,000 | -323,000 | ||
changes in operating assets and liabilities | ||||||||||||||||||||||||||||||||||||
accounts receivable | -54,479,000 | 31,824,000 | 28,308,000 | -57,117,000 | 17,872,000 | -2,415,000 | 31,298,000 | 128,000 | 31,833,000 | 74,081,000 | 61,308,000 | -64,922,000 | -20,789,000 | -51,815,000 | -43,031,000 | -46,622,000 | -47,618,000 | -13,455,000 | -7,867,000 | -11,187,000 | -28,827,000 | 11,496,000 | 125,212,000 | 34,992,000 | 43,073,000 | 11,489,000 | 20,736,000 | -17,390,000 | 82,547,000 | 47,000 | -12,366,000 | -33,691,000 | -34,670,000 | -17,817,000 | -26,841,000 | -21,157,000 |
prepaid expenses and other assets | 2,100,000 | -5,874,000 | 12,789,000 | -8,666,000 | 1,904,000 | -15,536,000 | 1,222,000 | -2,180,000 | 12,068,000 | -11,613,000 | -1,753,000 | -5,431,000 | 1,464,000 | -5,820,000 | 1,066,000 | 4,554,000 | -4,824,000 | 760,000 | -8,348,000 | -2,696,000 | 3,125,000 | 8,485,000 | -3,357,000 | 6,633,000 | 1,547,000 | 8,529,000 | -461,000 | 1,706,000 | -1,165,000 | 9,898,000 | -16,831,000 | -1,017,000 | 4,316,000 | -5,663,000 | -2,167,000 | 1,337,000 |
accounts payable and accrued liabilities | -9,332,000 | 48,000 | -17,820,000 | 3,948,000 | -1,787,000 | 2,618,000 | -13,167,000 | -16,498,000 | -12,284,000 | -2,073,000 | -23,739,000 | -8,221,000 | 11,774,000 | 3,413,000 | 10,425,000 | -2,855,000 | 29,415,000 | -1,166,000 | 3,594,000 | 10,903,000 | 8,059,000 | 6,016,000 | -50,848,000 | -13,328,000 | -10,312,000 | 4,348,000 | -27,134,000 | 4,059,000 | -18,728,000 | -16,668,000 | -1,924,000 | 16,549,000 | 2,806,000 | 16,135,000 | 1,192,000 | 2,333,000 |
net cash from operating activities | 10,242,000 | 71,696,000 | 82,586,000 | -5,061,000 | 67,767,000 | 51,876,000 | 83,114,000 | 32,129,000 | 83,193,000 | 118,213,000 | 101,965,000 | -18,016,000 | 35,338,000 | 5,361,000 | 11,082,000 | -18,550,000 | -2,352,000 | -2,457,000 | -7,566,000 | -3,873,000 | -14,018,000 | 17,095,000 | 56,022,000 | 46,711,000 | 61,732,000 | 67,481,000 | 38,148,000 | 36,587,000 | 107,779,000 | 60,325,000 | 29,100,000 | 35,205,000 | 1,350,000 | 19,761,000 | -16,074,000 | -7,936,000 |
capital expenditures | -78,377,000 | -95,230,000 | -79,406,000 | -48,427,000 | -55,073,000 | -35,204,000 | -49,113,000 | -33,763,000 | -33,465,000 | -35,166,000 | -39,350,000 | -27,885,000 | -21,069,000 | -19,839,000 | -15,513,000 | -15,463,000 | -10,069,000 | -16,474,000 | -8,917,000 | -4,534,000 | -2,139,000 | -2,639,000 | -5,123,000 | -11,338,000 | -23,769,000 | -28,861,000 | -21,003,000 | -36,510,000 | -55,860,000 | -46,450,000 | -30,438,000 | -32,612,000 | 0 | 0 | -30,874,000 | -10,806,000 |
free cash flows | -68,135,000 | -23,534,000 | 3,180,000 | -53,488,000 | 12,694,000 | 16,672,000 | 34,001,000 | -1,634,000 | 49,728,000 | 83,047,000 | 62,615,000 | -45,901,000 | 14,269,000 | -14,478,000 | -4,431,000 | -34,013,000 | -12,421,000 | -18,931,000 | -16,483,000 | -8,407,000 | -16,157,000 | 14,456,000 | 50,899,000 | 35,373,000 | 37,963,000 | 38,620,000 | 17,145,000 | 77,000 | 51,919,000 | 13,875,000 | -1,338,000 | 2,593,000 | 1,350,000 | 19,761,000 | -46,948,000 | -18,742,000 |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -78,377,000 | -95,230,000 | -79,406,000 | -48,427,000 | -55,073,000 | -35,204,000 | -49,113,000 | -33,763,000 | -33,465,000 | -35,166,000 | -39,350,000 | -27,885,000 | -21,069,000 | -19,839,000 | -15,513,000 | -15,463,000 | -10,069,000 | -16,474,000 | -8,917,000 | -4,534,000 | -2,139,000 | -2,639,000 | -5,123,000 | -11,338,000 | -23,769,000 | -28,861,000 | -21,003,000 | -36,510,000 | -55,860,000 | -46,450,000 | -30,438,000 | -32,612,000 | ||||
purchase of equity-method investment | 0 | 0 | -72,059,000 | |||||||||||||||||||||||||||||||||
acquisitions, net of cash received | -210,000 | -35,136,000 | -3,225,000 | -13,980,000 | -8,650,000 | -41,477,000 | -108,311,000 | -16,096,000 | 400,000 | -15,046,000 | -3,289,000 | -6,692,000 | -6,503,000 | -49,004,000 | ||||||||||||||||||||||
proceeds received from sales of property and equipment | 1,056,000 | 4,154,000 | 7,659,000 | 1,944,000 | 3,534,000 | 3,730,000 | 3,379,000 | 5,166,000 | 5,511,000 | 1,579,000 | 3,077,000 | 6,724,000 | 9,887,000 | 3,750,000 | 5,560,000 | 12,123,000 | 6,011,000 | 1,350,000 | 2,825,000 | 2,316,000 | 2,595,000 | 4,839,000 | 5,247,000 | 5,768,000 | 3,265,000 | |||||||||||
net cash from investing activities | -77,531,000 | -126,212,000 | -74,972,000 | -132,522,000 | -54,380,000 | -40,124,000 | -87,211,000 | -136,908,000 | -32,229,000 | -33,587,000 | -40,773,000 | -30,579,000 | -23,753,000 | -17,605,000 | -11,797,000 | -91,000 | -19,197,000 | -33,768,000 | -7,273,000 | -4,218,000 | -2,344,000 | 2,200,000 | 236,000 | -5,485,000 | -20,159,000 | -36,142,000 | -4,403,000 | -16,653,000 | -66,271,000 | -42,993,000 | -28,094,000 | -31,003,000 | -35,196,000 | -30,086,000 | -33,392,000 | -58,057,000 |
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||
borrowings from revolving line of credit | 43,500,000 | 40,000,000 | 25,000,000 | 40,000,000 | 15,000,000 | 7,500,000 | 52,500,000 | 90,000,000 | 0 | 0 | 28,500,000 | 76,750,000 | 61,000,000 | 52,000,000 | 10,000,000 | 20,000,000 | 0 | 0 | 0 | 5,000,000 | ||||||||||||||||
payments on revolving line of credit | -113,500,000 | -10,000,000 | 0 | -125,000,000 | -10,000,000 | -17,500,000 | -37,500,000 | -15,000,000 | 0 | -65,000,000 | -39,000,000 | -17,250,000 | -45,000,000 | -52,000,000 | -10,000,000 | -20,000,000 | ||||||||||||||||||||
borrowings from long-term debt | 0 | 0 | 250,000,000 | |||||||||||||||||||||||||||||||||
payments of finance lease obligations | -158,000 | -129,000 | -224,000 | -89,000 | -68,000 | -49,000 | -48,000 | -66,000 | -43,000 | -45,000 | -5,000 | -5,000 | -4,000 | -5,000 | -42,000 | -61,000 | -82,000 | -82,000 | -81,000 | -75,000 | -75,000 | -68,000 | -56,000 | -65,000 | -140,000 | -194,000 | -264,000 | -285,000 | ||||||||
payment of debt issuance costs | 0 | -515,000 | -7,352,000 | 0 | 0 | -113,000 | -2,031,000 | |||||||||||||||||||||||||||||
net proceeds from underwritten offering | 191,705,000 | |||||||||||||||||||||||||||||||||||
dividends and distributions paid | -8,752,000 | -8,377,000 | -8,306,000 | -8,567,000 | -8,212,000 | -7,012,000 | -7,034,000 | -7,487,000 | -7,017,000 | -5,821,000 | -5,880,000 | -6,206,000 | ||||||||||||||||||||||||
payments under tax receivable agreements | 0 | 0 | -77,000 | |||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 0 | 0 | 2,875,000 | 0 | 1,000,000 | 0 | 4,950,000 | |||||||||||||||||||||||||||||
repurchase of common stock | -7,618,000 | -332,000 | -286,000 | -6,291,000 | -589,000 | -171,000 | -156,000 | -6,996,000 | -11,865,000 | -276,000 | -38,694,000 | -10,935,000 | -243,000 | -272,000 | -787,000 | -18,908,000 | 0 | 0 | -332,000 | -874,000 | 0 | -238,000 | -4,002,000 | -6,636,000 | -5,199,000 | -11,885,000 | -300,000 | -1,216,000 | -15,685,000 | |||||||
net cash from financing activities | 105,177,000 | 21,162,000 | 15,669,000 | 145,499,000 | -4,340,000 | -17,232,000 | 7,762,000 | 60,451,000 | -18,925,000 | -70,142,000 | -56,660,000 | 47,304,000 | -17,487,000 | -267,000 | -929,000 | -39,768,000 | -67,000 | -68,000 | -1,472,000 | -935,000 | -87,000 | -291,000 | -4,041,000 | -6,291,000 | -5,307,000 | -12,149,000 | -25,639,000 | -21,595,000 | -37,124,000 | -15,634,000 | 4,271,000 | -806,000 | -5,739,000 | -59,000 | 94,195,000 | 34,000,000 |
effect of exchange rate changes on cash | -2,000 | -4,000 | 11,000 | -2,000 | -7,000 | 1,000 | -1,000 | -2,000 | 1,000 | -3,000 | 2,000 | -3,000 | 2,000 | -9,000 | -13,000 | 7,000 | 4,000 | -16,000 | 12,000 | 8,000 | 50,000 | 27,000 | 48,000 | -61,000 | 3,000 | -9,000 | 29,000 | 107,000 | -197,000 | 51,000 | -93,000 | -53,000 | ||||
net increase in cash and cash equivalents | 37,886,000 | 23,294,000 | 7,914,000 | 9,040,000 | -5,479,000 | 32,040,000 | 14,481,000 | -21,612,000 | -36,309,000 | -16,299,000 | -9,018,000 | -16,399,000 | 19,031,000 | 52,265,000 | 34,874,000 | 36,269,000 | 19,181,000 | 8,135,000 | -1,554,000 | 4,187,000 | 1,749,000 | 5,184,000 | 3,343,000 | -39,619,000 | -10,384,000 | |||||||||||
cash and cash equivalents, beginning of period | 18,084,000 | 0 | 0 | 19,978,000 | 0 | 0 | 0 | 57,083,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 169,039,000 | 0 | 0 | 0 | 79,268,000 | 0 | 0 | 0 | 17,237,000 | 0 | 0 | 0 | 2,774,000 | 0 | 0 | 0 | 40,041,000 | ||||
cash and cash equivalents, end of period | 55,970,000 | -33,358,000 | 23,294,000 | 27,892,000 | 9,040,000 | -5,479,000 | 3,664,000 | 12,753,000 | 32,040,000 | 14,481,000 | -5,900,000 | -12,520,000 | -21,612,000 | -36,309,000 | -16,299,000 | 160,021,000 | -16,399,000 | 19,031,000 | 52,265,000 | 114,142,000 | 36,269,000 | 19,181,000 | 8,135,000 | 15,683,000 | 4,187,000 | 1,749,000 | 5,184,000 | 6,117,000 | -39,619,000 | -10,384,000 | 44,729,000 | 8,048,000 | ||||
supplemental cash flow disclosure: | ||||||||||||||||||||||||||||||||||||
cash paid for interest | 6,469,000 | 2,328,000 | 5,429,000 | 4,723,000 | 1,913,000 | 2,075,000 | 2,196,000 | 954,000 | 341,000 | 1,220,000 | 2,025,000 | 1,119,000 | 715,000 | 438,000 | 415,000 | 402,000 | 380,000 | 367,000 | 374,000 | 367,000 | 425,000 | 653,000 | 374,000 | 386,000 | 295,000 | 397,000 | 741,000 | 1,283,000 | 1,887,000 | 1,397,000 | 968,000 | 991,000 | 860,000 | 290,000 | 422,000 | 427,000 |
cash (refunds) paid for income taxes | -24,000 | 1,200,000 | -562,000 | |||||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing activities: | ||||||||||||||||||||||||||||||||||||
capital expenditures included in accounts payable and accrued liabilities | 23,308,000 | -9,156,000 | -12,114,000 | 62,370,000 | 8,921,000 | 2,210,000 | -161,000 | 39,046,000 | -4,101,000 | 9,054,000 | -1,871,000 | 31,398,000 | -2,107,000 | -318,000 | 5,292,000 | 14,922,000 | 3,687,000 | 2,395,000 | -452,000 | 6,490,000 | 3,672,000 | -361,000 | -3,762,000 | 6,184,000 | -2,970,000 | -1,766,000 | 2,164,000 | 13,044,000 | -5,779,000 | -1,324,000 | 15,381,000 | 9,632,000 | 3,404,000 | 2,772,000 | 195,000 | 4,766,000 |
remeasurement gain on business combination | ||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -44,330,000 | -12,520,000 | -31,993,000 | |||||||||||||||||||||||||||||||||
cash paid for income taxes | 0 | 372,000 | 5,000 | 0 | ||||||||||||||||||||||||||||||||
issuance of shares for acquisitions | 97,792,000 | 0 | 0 | 35,854,000 | 11,819,000 | |||||||||||||||||||||||||||||||
assets and liabilities transferred in business combination | ||||||||||||||||||||||||||||||||||||
property and equipment obtained by assuming liabilities | 815,000 | |||||||||||||||||||||||||||||||||||
cash paid (refunds) for income taxes | 11,000 | |||||||||||||||||||||||||||||||||||
tax receivable agreements expense | ||||||||||||||||||||||||||||||||||||
(gain) loss on disposal of property and equipment and divestitures | ||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 123,000 | 122,000 | 122,000 | 122,000 | 123,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 123,000 | 294,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 172,000 | 3,103,000 | 310,000 | 309,000 | 309,000 | ||||
bargain purchase gain | 416,000 | 3,273,000 | -5,607,000 | -11,434,000 | ||||||||||||||||||||||||||||||||
proceeds received from divestitures | 995,000 | 0 | 0 | 112,000 | 85,000 | -55,000 | -332,000 | 9,302,000 | 15,957,000 | |||||||||||||||||||||||||||
purchase of equity-method investments | 0 | 0 | -900,000 | |||||||||||||||||||||||||||||||||
collection of note receivable | 0 | 0 | 0 | 184,000 | ||||||||||||||||||||||||||||||||
distribution from cost method investment | 0 | 0 | 40,000 | 20,000 | 60,000 | 0 | ||||||||||||||||||||||||||||||
acquisitions, net of cash and restricted cash received | -4,275,000 | 0 | -4,000,000 | -9,418,000 | -12,666,000 | -150,000 | -1,084,000 | 6,941,000 | ||||||||||||||||||||||||||||
payments on current and long-term debt | ||||||||||||||||||||||||||||||||||||
proceeds from share issuance | 18,000 | 10,000 | 13,000 | 12,000 | 15,000 | 14,000 | 15,000 | 14,000 | 17,000 | 15,000 | 17,000 | 27,000 | 32,000 | 54,000 | 29,000 | 27,000 | 31,000 | 300,000 | 301,000 | 130,000 | ||||||||||||||||
distributions to noncontrolling interests | 0 | 0 | 0 | -124,000 | -104,000 | -121,000 | 0 | -226,000 | -119,000 | -161,000 | ||||||||||||||||||||||||||
purchase of noncontrolling interests | ||||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash operating activities: | ||||||||||||||||||||||||||||||||||||
asset retirement obligation revisions | ||||||||||||||||||||||||||||||||||||
lease liabilities arising from obtaining right-of-use assets | ||||||||||||||||||||||||||||||||||||
recoupment of shares for acquisitions | ||||||||||||||||||||||||||||||||||||
conversion of notes receivable to equity-method investment | 0 | 0 | ||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash financing activities: | ||||||||||||||||||||||||||||||||||||
accrued contributions from noncontrolling interests | ||||||||||||||||||||||||||||||||||||
issuance of shares for nci acquisitions | ||||||||||||||||||||||||||||||||||||
bad debt expense | -472,000 | 731,000 | 596,000 | 1,204,000 | 1,156,000 | 856,000 | 1,975,000 | -68,000 | 828,000 | 692,000 | 571,000 | 300,000 | 265,000 | 1,298,000 | 2,425,000 | 2,385,000 | 789,000 | 452,000 | 580,000 | 732,000 | 780,000 | 554,000 | 391,000 | 485,000 | 444,000 | 390,000 | 374,000 | 334,000 | ||||||||
cash refunds for income taxes | -33,000 | |||||||||||||||||||||||||||||||||||
depreciation and amortization | 36,467,000 | 35,162,000 | 35,922,000 | 33,538,000 | 31,655,000 | 27,215,000 | 29,779,000 | 27,067,000 | 25,051,000 | 23,466,000 | 21,642,000 | 22,299,000 | 23,901,000 | 24,562,000 | 26,342,000 | 26,867,000 | 29,187,000 | 29,215,000 | 29,749,000 | 32,518,000 | 38,201,000 | 32,837,000 | 31,252,000 | 31,423,000 | 34,993,000 | 23,795,000 | 23,011,000 | 21,650,000 | ||||||||
deferred tax (benefit) expense | ||||||||||||||||||||||||||||||||||||
unrealized loss on short-term investment | 0 | 40,000 | 638,000 | 237,000 | -662,000 | 1,831,000 | ||||||||||||||||||||||||||||||
proceeds from sale of securities | ||||||||||||||||||||||||||||||||||||
investment in note receivable | 0 | 0 | ||||||||||||||||||||||||||||||||||
cash paid (refunds received) for income taxes | -108,000 | 286,000 | 118,000 | 1,471,000 | ||||||||||||||||||||||||||||||||
(recoupment) issuance of shares for acquisitions | 0 | 0 | ||||||||||||||||||||||||||||||||||
other | 0 | -429,000 | ||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -1,294,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 7,322,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 6,028,000 | |||||||||||||||||||||||||||||||||||
cash refunds received for income taxes | 0 | 45,000 | 224,000 | -721,000 | -312,000 | -650,000 | -156,000 | |||||||||||||||||||||||||||||
loss on disposal of property and equipment and divestitures | -287,000 | 479,000 | -731,000 | -1,653,000 | ||||||||||||||||||||||||||||||||
impairment of goodwill and trademark | 0 | 0 | 0 | 276,016,000 | ||||||||||||||||||||||||||||||||
impairment and abandonment of property and equipment | 0 | 0 | ||||||||||||||||||||||||||||||||||
dividends paid | ||||||||||||||||||||||||||||||||||||
(distributions to) contributions from noncontrolling interests | 0 | 0 | ||||||||||||||||||||||||||||||||||
noncash settlement of accounts receivable | ||||||||||||||||||||||||||||||||||||
noncash proceeds received from sale of interest in a formerly consolidated joint venture | 0 | 0 | ||||||||||||||||||||||||||||||||||
payments on long-term debt | 0 | 0 | -18,780,000 | 0 | 0 | -25,000,000 | -25,000,000 | -35,000,000 | -35,000,000 | -77,000,000 | 0 | |||||||||||||||||||||||||
inventory write-downs | 100,000 | 57,000 | 28,000 | 54,000 | 65,000 | 221,000 | 518,000 | 48,000 | ||||||||||||||||||||||||||||
purchase of equity method investments | -800,000 | -3,467,000 | 0 | 0 | ||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | -58,402,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash beginning of period | 85,801,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash end of period | 27,399,000 | |||||||||||||||||||||||||||||||||||
net loss on disposal of property and equipment and divestitures | 147,000 | -315,000 | 1,657,000 | 579,000 | ||||||||||||||||||||||||||||||||
bad debt (recovery) expense | 512,000 | -270,000 | ||||||||||||||||||||||||||||||||||
loss on divestitures | -1,000 | 0 | 414,000 | -144,000 | -1,308,000 | 4,714,000 | ||||||||||||||||||||||||||||||
working capital settlement | 0 | 0 | 0 | 691,000 | ||||||||||||||||||||||||||||||||
cash (refunds received) paid for income taxes | 40,000 | -365,000 | ||||||||||||||||||||||||||||||||||
net loss | -14,204,000 | -19,615,000 | -27,421,000 | -14,950,000 | 2,593,000 | -10,490,000 | -12,280,000 | |||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | ||||||||||||||||||||||||||||||||||||
purchase of equity method investment | -2,000,000 | |||||||||||||||||||||||||||||||||||
net loss on disposal of property and equipment | 1,089,000 | -891,000 | 1,772,000 | 435,000 | 2,979,000 | 2,177,000 | 3,017,000 | -223,000 | ||||||||||||||||||||||||||||
impairment of cost-method investment | ||||||||||||||||||||||||||||||||||||
unrealized gain on short-term investment | ||||||||||||||||||||||||||||||||||||
contributions from (distributions to) noncontrolling interests | -29,000 | 0 | 0 | 383,000 | ||||||||||||||||||||||||||||||||
contingent consideration | ||||||||||||||||||||||||||||||||||||
noncash asset exchange | ||||||||||||||||||||||||||||||||||||
impairment of property and equipment | 3,184,000 | 2,773,000 | 49,000 | 374,000 | 519,000 | 4,375,000 | 0 | |||||||||||||||||||||||||||||
gain realized on previously held interest in rockwater | ||||||||||||||||||||||||||||||||||||
impairment of goodwill | 0 | 0 | 0 | 4,396,000 | ||||||||||||||||||||||||||||||||
proceeds from initial public offering | 0 | 0 | ||||||||||||||||||||||||||||||||||
payments incurred for initial public offering | 0 | 0 | ||||||||||||||||||||||||||||||||||
inventory write-down | 19,000 | 134,000 | 75,000 | |||||||||||||||||||||||||||||||||
proceeds received from sale of property and equipment | 7,298,000 | 3,209,000 | 4,635,000 | 5,410,000 | 2,344,000 | 1,609,000 | 802,000 | 939,000 | 3,985,000 | 1,753,000 | ||||||||||||||||||||||||||
net gain on disposal of property and equipment | -844,000 | |||||||||||||||||||||||||||||||||||
proceeds from 144a offering, net of underwriter fees and expenses | ||||||||||||||||||||||||||||||||||||
proceeds from revolving line of credit and issuance of long-term debt | 15,000,000 | 20,000,000 | ||||||||||||||||||||||||||||||||||
payments of capital lease obligations | -364,000 | -488,000 | -518,000 | -511,000 | ||||||||||||||||||||||||||||||||
member contributions | ||||||||||||||||||||||||||||||||||||
inventory reserve | ||||||||||||||||||||||||||||||||||||
impairment of investment | 0 | 0 | 2,000,000 | |||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | 401,000 | |||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 554,000 | -1,814,000 | -1,105,000 | |||||||||||||||||||||||||||||||||
share repurchases | -264,000 | |||||||||||||||||||||||||||||||||||
cash paid for taxes | 344,000 | 10,000 | 15,000 | 12,000 | ||||||||||||||||||||||||||||||||
impairment of goodwill and other intangible assets | ||||||||||||||||||||||||||||||||||||
loss on the sale of business unit | ||||||||||||||||||||||||||||||||||||
proceeds received from investments | ||||||||||||||||||||||||||||||||||||
purchase of property, equipment and intangible assets | ||||||||||||||||||||||||||||||||||||
proceeds received from sale of business unit | ||||||||||||||||||||||||||||||||||||
(distributions to) proceeds from noncontrolling interests | ||||||||||||||||||||||||||||||||||||
purchase of treasury stock | ||||||||||||||||||||||||||||||||||||
cash (refunded) paid for taxes | ||||||||||||||||||||||||||||||||||||
proceeds from revolving line of credit | 0 | 0 | 34,000,000 | |||||||||||||||||||||||||||||||||
proceeds from (distributions to) noncontrolling interests | ||||||||||||||||||||||||||||||||||||
purchase of property, equipment, and intangible assets | -30,874,000 | -10,806,000 | ||||||||||||||||||||||||||||||||||
member (distributions) contributions | ||||||||||||||||||||||||||||||||||||
member distributions |
