XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 37,161 $ 85,891
Receivables, net of allowances of $873 and $784 258,211 198,046
Inventories of products, net 413,700 410,640
Inventories of materials and supplies, net 31,002 30,843
Prepaid expenses 11,124 10,156
Other current assets 27,691 29,980
Total current assets 778,889 765,556
Property, plant, and equipment, less accumulated depreciation of $614,451 and $597,785 937,301 941,476
Goodwill 772,462 772,886
Intangible assets, less accumulated amortization of $257,331 and $246,648 353,749 362,038
Investment in unconsolidated joint venture 11,500 12,070
Debt issuance costs 878 1,170
Deferred income taxes 9,906 10,434
Long-term operating lease assets, net 64,309  
Other long-term assets 27,944 29,074
Total assets 2,956,938 2,894,704
Current liabilities:    
Current portion of long-term debt 120,255 45,321
Accounts payable-trade 180,374 182,153
Other payables and accruals 108,489 100,695
Due to related party 17,238 20,918
Total current liabilities 426,356 349,087
Long-term debt, net of current portion 1,411,252 1,487,298
Deferred income taxes 126,851 127,827
Long-term operating lease liabilities 49,907  
Other long-term liabilities 180,518 182,893
Total liabilities 2,194,884 2,147,105
Commitments and contingencies (note 10)
Kraton stockholders' 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; 32,019 shares issued and outstanding at March 31, 2019; 31,917 shares issued and outstanding at December 31, 2018 320 319
Additional paid in capital 389,500 385,921
Retained earnings 431,855 420,597
Accumulated other comprehensive loss (92,917) (91,699)
Total Kraton stockholders' equity 728,758 715,138
Noncontrolling interest 33,296 32,461
Total equity 762,054 747,599
Total liabilities and equity $ 2,956,938 $ 2,894,704