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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 130,519 $ 85,901
Receivables, net of allowances of $684 and $598 230,939 180,258
Inventories of products 443,025 318,885
Inventories of materials and supplies 34,315 34,164
Prepaid expense 8,631 11,844
Other current assets 28,935 15,338
Total current assets 876,364 646,390
Property, plant, and equipment, less accumulated depreciation of $791,835 and $732,279 934,843 942,703
Goodwill 372,917 375,061
Intangible assets, less accumulated amortization of $366,001 and $330,070 260,965 294,734
Investment in unconsolidated joint venture 12,023 12,723
Deferred income taxes 79,627 83,534
Long-term operating lease assets, net 97,051 84,042
Other long-term assets 20,818 21,770
Total assets 2,654,608 2,460,957
Current liabilities:    
Current portion of long-term debt 68,694 72,347
Accounts payable-trade 251,992 176,229
Other payables and accruals 195,927 167,364
Due to related party 17,170 17,147
Total current liabilities 533,783 433,087
Long-term debt, net of current portion 818,572 865,516
Deferred income taxes 128,910 125,559
Long-term operating lease liabilities 78,617 67,898
Deferred income 120,646 151,329
Other long-term liabilities 126,076 168,566
Total liabilities 1,806,604 1,811,955
Commitments and contingencies (note 11)
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; 32,230 shares issued and outstanding at December 31, 2021; 31,873 shares issued and outstanding at December 31, 2020 322 319
Additional paid in capital 415,310 401,445
Retained earnings 409,617 240,464
Accumulated other comprehensive loss (27,921) (37,865)
Total Kraton stockholders’ equity 797,328 604,363
Noncontrolling interest 50,676 44,639
Total equity 848,004 649,002
Total liabilities and equity $ 2,654,608 $ 2,460,957