XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net loss $ (4,369) $ (10,421)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 16,851 17,242
Stock-based compensation expense 8,083 7,585
Restructuring and other charges 314 0
Gain on sale of assets (1,203) (5,099)
Deferred income taxes 164 578
Changes in operating assets and liabilities:    
Trade receivables, net (16,716) 7,007
Inventories, net (1,002) 22,731
Prepaids and other assets 5,860 (3,117)
Accounts payable and accrued expenses 2,731 (13,374)
Other, net (63) 334
Net cash provided by operating activities 10,650 23,466
Investing activities    
Purchase of property, plant and equipment (4,598) (19,605)
Proceeds from sale of equipment 1,565 10,517
Net cash used in investing activities (3,033) (9,088)
Financing activities    
Repurchase of common shares (1,996) (9,830)
ABL Credit Facility issuance costs   (815)
Proceeds from exercise of stock options 0 642
Net cash used in financing activities (1,996) (10,003)
Effect of exchange rate changes on cash activities (595) (4,133)
Increase in cash and cash equivalents 5,026 242
Cash and cash equivalents at beginning of period 418,100 493,180
Cash and cash equivalents at end of period $ 423,126 $ 493,422