XML 81 R70.htm IDEA: XBRL DOCUMENT v3.8.0.1
Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Current assets:        
Cash and cash equivalents $ 89,118 $ 121,749 $ 143,548 $ 70,049
Receivables, net of allowances 253,437 200,860    
Inventories of products, net 362,831 327,996    
Inventories of materials and supplies, net 24,832 22,392    
Prepaid expenses 36,348 35,851    
Other current assets 45,993 37,658    
Total current assets 812,559 746,506    
Property, plant, and equipment, less accumulated depreciation 942,834 906,722    
Goodwill 773,635 770,012    
Intangible assets, less accumulated amortization 416,747 439,198    
Investment in consolidated subsidiaries 0 0    
Investment in unconsolidated joint venture 12,098 11,195    
Debt issuance costs 2,633 3,511    
Deferred income taxes 8,766 6,907    
Other long-term assets 23,334 22,594    
Total assets 2,992,606 2,906,645    
Current liabilities:        
Current portion of long-term debt 33,553 41,825    
Accounts payable-trade 156,426 150,081    
Other payables and accruals 151,856 130,398    
Due to related party 16,045 14,669    
Total current liabilities 357,880 336,973    
Long-term debt, net of current portion 1,667,074 1,697,700    
Deferred income taxes 215,145 211,396    
Other long-term liabilities 168,139 170,339    
Total liabilities 2,408,238 2,416,408    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 313 310    
Additional paid in capital 369,702 361,682    
Member's equity 0 0    
Retained earnings 282,380 254,439    
Accumulated other comprehensive loss (97,105) (158,530)    
Total Kraton stockholders' equity 555,290 457,901    
Noncontrolling interest 29,078 32,336    
Total equity 584,368 490,237 534,728 392,992
Total liabilities and equity 2,992,606 2,906,645    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0 0 0
Receivables, net of allowances 0 0    
Inventories of products, net 0 0    
Inventories of materials and supplies, net 0 0    
Prepaid expenses 0 0    
Other current assets 0 0    
Total current assets 0 0    
Property, plant, and equipment, less accumulated depreciation 0 0    
Goodwill 0 0    
Intangible assets, less accumulated amortization 0 0    
Investment in consolidated subsidiaries (1,547,147) (3,568,710)    
Investment in unconsolidated joint venture 0 0    
Debt issuance costs 0 0    
Deferred income taxes 0 0    
Other long-term assets (1,965,645) (2,938,001)    
Total assets (3,512,792) (6,506,711)    
Current liabilities:        
Current portion of long-term debt 0 0    
Accounts payable-trade 0 0    
Other payables and accruals 0 0    
Due to related party 0 0    
Total current liabilities 0 0    
Long-term debt, net of current portion 0 0    
Deferred income taxes 0 0    
Other long-term liabilities (1,965,645) (2,938,001)    
Total liabilities (1,965,645) (2,938,001)    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 0 0    
Additional paid in capital 0 0    
Member's equity (1,547,147) (3,568,710)    
Retained earnings 0 0    
Accumulated other comprehensive loss 0 0    
Total Kraton stockholders' equity (1,547,147) (3,568,710)    
Noncontrolling interest 0 0    
Total equity (1,547,147) (3,568,710)    
Total liabilities and equity (3,512,792) (6,506,711)    
Kraton Corporation | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 0 0 0 0
Receivables, net of allowances 0 0    
Inventories of products, net 0 0    
Inventories of materials and supplies, net 0 0    
Prepaid expenses 0 0    
Other current assets 0 0    
Total current assets 0 0    
Property, plant, and equipment, less accumulated depreciation 0 0    
Goodwill 0 0    
Intangible assets, less accumulated amortization 0 0    
Investment in consolidated subsidiaries 652,395 616,431    
Investment in unconsolidated joint venture 0 0    
Debt issuance costs 0 0    
Deferred income taxes 0 0    
Other long-term assets 0 0    
Total assets 652,395 616,431    
Current liabilities:        
Current portion of long-term debt 0 0    
Accounts payable-trade 0 0    
Other payables and accruals 0 0    
Due to related party 0 0    
Total current liabilities 0 0    
Long-term debt, net of current portion 0 0    
Deferred income taxes 0 0    
Other long-term liabilities 0 0    
Total liabilities 0 0    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 313 310    
Additional paid in capital 369,702 361,682    
Member's equity 0 0    
Retained earnings 282,380 254,439    
Accumulated other comprehensive loss 0 0    
Total Kraton stockholders' equity 652,395 616,431    
Noncontrolling interest 0 0    
Total equity 652,395 616,431    
Total liabilities and equity 652,395 616,431    
Kraton Polymers LLC | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 1,903 214 21 7,256
Receivables, net of allowances 1,084 468    
Inventories of products, net 89 (1,634)    
Inventories of materials and supplies, net 0 0    
Prepaid expenses 4,993 6,077    
Other current assets 1,281 253    
Total current assets 9,350 5,378    
Property, plant, and equipment, less accumulated depreciation 20,955 27,123    
Goodwill 0 0    
Intangible assets, less accumulated amortization 28,909 32,493    
Investment in consolidated subsidiaries 894,752 2,952,279    
Investment in unconsolidated joint venture 813 813    
Debt issuance costs 0 0    
Deferred income taxes 213 213    
Other long-term assets 910,871 77,963    
Total assets 1,865,863 3,096,262    
Current liabilities:        
Current portion of long-term debt 0 29,250    
Accounts payable-trade 1,823 5,318    
Other payables and accruals 43,832 22,266    
Due to related party 0 0    
Total current liabilities 45,655 56,834    
Long-term debt, net of current portion 1,274,842 1,591,637    
Deferred income taxes (106,969) (104,841)    
Other long-term liabilities 258 937,569    
Total liabilities 1,213,786 2,481,199    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 0 0    
Additional paid in capital 0 0    
Member's equity 652,395 616,431    
Retained earnings 0 0    
Accumulated other comprehensive loss (318) (1,368)    
Total Kraton stockholders' equity 652,077 615,063    
Noncontrolling interest 0 0    
Total equity 652,077 615,063    
Total liabilities and equity 1,865,863 3,096,262    
Guarantor Subsidiaries | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 4,514 6,280 22,161 11,595
Receivables, net of allowances 106,007 95,398    
Inventories of products, net 188,728 176,301    
Inventories of materials and supplies, net 13,890 13,521    
Prepaid expenses 20,556 20,635    
Other current assets 5,879 8,209    
Total current assets 339,574 320,344    
Property, plant, and equipment, less accumulated depreciation 461,777 457,031    
Goodwill 740,390 740,394    
Intangible assets, less accumulated amortization 327,531 351,155    
Investment in consolidated subsidiaries 0 0    
Investment in unconsolidated joint venture 0 0    
Debt issuance costs 2,633 3,511    
Deferred income taxes 0 0    
Other long-term assets 238,716 1,876,402    
Total assets 2,110,621 3,748,837    
Current liabilities:        
Current portion of long-term debt 1,009 990    
Accounts payable-trade 72,878 73,501    
Other payables and accruals 43,285 51,488    
Due to related party 0 0    
Total current liabilities 117,172 125,979    
Long-term debt, net of current portion 1,330 2,051    
Deferred income taxes 277,893 277,756    
Other long-term liabilities 1,261,509 1,142,952    
Total liabilities 1,657,904 1,548,738    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 0 0    
Additional paid in capital 0 0    
Member's equity 519,466 2,266,840    
Retained earnings 0 0    
Accumulated other comprehensive loss (66,749) (66,741)    
Total Kraton stockholders' equity 452,717 2,200,099    
Noncontrolling interest 0 0    
Total equity 452,717 2,200,099    
Total liabilities and equity 2,110,621 3,748,837    
Non-Guarantor Subsidiaries | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 82,701 115,255 $ 121,366 $ 51,198
Receivables, net of allowances 146,346 104,994    
Inventories of products, net 174,014 153,329    
Inventories of materials and supplies, net 10,942 8,871    
Prepaid expenses 10,799 9,139    
Other current assets 38,833 29,196    
Total current assets 463,635 420,784    
Property, plant, and equipment, less accumulated depreciation 460,102 422,568    
Goodwill 33,245 29,618    
Intangible assets, less accumulated amortization 60,307 55,550    
Investment in consolidated subsidiaries 0 0    
Investment in unconsolidated joint venture 11,285 10,382    
Debt issuance costs 0 0    
Deferred income taxes 8,553 6,694    
Other long-term assets 839,392 1,006,230    
Total assets 1,876,519 1,951,826    
Current liabilities:        
Current portion of long-term debt 32,544 11,585    
Accounts payable-trade 81,725 71,262    
Other payables and accruals 64,739 56,644    
Due to related party 16,045 14,669    
Total current liabilities 195,053 154,160    
Long-term debt, net of current portion 390,902 104,012    
Deferred income taxes 44,221 38,481    
Other long-term liabilities 872,017 1,027,819    
Total liabilities 1,502,193 1,324,472    
Commitments and contingencies (note 10)    
Stockholders' and member's equity:        
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued 0 0    
Common stock, $0.01 par value; 500,000 shares authorized 0 0    
Additional paid in capital 0 0    
Member's equity 375,286 685,439    
Retained earnings 0 0    
Accumulated other comprehensive loss (30,038) (90,421)    
Total Kraton stockholders' equity 345,248 595,018    
Noncontrolling interest 29,078 32,336    
Total equity 374,326 627,354    
Total liabilities and equity $ 1,876,519 $ 1,951,826