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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated net income $ 22,763 $ 109,256
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 102,040 93,913
Amortization of debt original issue discount 4,926 4,893
Amortization of debt issuance costs 6,309 5,343
(Gain) loss on disposal of property, plant, and equipment 61 452
Disposition and exit of business activities 0 (40,001)
Loss on extinguishment of debt 35,370 13,423
Earnings from unconsolidated joint venture, net of dividends received 67 136
Deferred income tax benefit (3,526) (4,343)
Release of valuation allowance 0 (86,631)
Share-based compensation 7,366 7,272
Decrease (increase) in:    
Accounts receivable (38,921) (18,114)
Inventories of products, materials, and supplies (19,126) 44,035
Other assets (6,171) (3,044)
Increase (decrease) in:    
Accounts payable-trade 2,267 (2,981)
Other payables and accruals 26,851 (401)
Other long-term liabilities (5,433) 4,631
Due to related party 606 (1,710)
Net cash provided by operating activities 135,449 126,129
CASH FLOWS FROM INVESTING ACTIVITIES    
Kraton purchase of property, plant, and equipment (71,595) (62,885)
KFPC purchase of property, plant, and equipment (11,790) (16,995)
Purchase of software and other intangibles (4,959) (4,691)
Acquisition, net of cash acquired 0 (1,312,105)
Sale of assets 0 72,803
Net cash used in investing activities (88,344) (1,323,873)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from debt 739,167 1,782,965
Repayments of debt (837,012) (480,133)
KFPC proceeds from debt 39,898 24,368
KFPC repayments of debt (16,244) 0
Capital lease payments (703) (105)
Purchase of treasury stock (2,297) (967)
Proceeds from the exercise of stock options 2,954 2,625
Settlement of interest rate swap (879) (5,155)
Settlement of foreign currency hedges (716) 0
Debt issuance costs (13,929) (57,646)
Net cash provided by (used in) financing activities (89,761) 1,265,952
Effect of exchange rate differences on cash 10,025 5,291
Net increase (decrease) in cash and cash equivalents (32,631) 73,499
Cash and cash equivalents, beginning of period 121,749 70,049
Cash and cash equivalents, end of period 89,118 143,548
Supplemental disclosures:    
Cash paid during the period for income taxes, net of refunds received 12,030 7,788
Cash paid during the period for interest, net of capitalized interest 72,288 56,972
Capitalized interest 3,334 4,022
Supplemental non-cash disclosures:    
Property, plant, and equipment accruals $ 17,268 $ 30,494