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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Consolidated net income (loss) $ 175,590,000 $ (221,686,000) $ 55,817,000
Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 126,475,000 126,022,000 136,171,000
Lease amortization 24,208,000 24,488,000 23,093,000
Amortization of debt premium and original issue discount 0 148,000 1,064,000
Amortization of debt issuance costs 2,535,000 3,045,000 4,654,000
Amortization of deferred income (27,474,000) (20,054,000) 0
Loss on disposal of property, plant, and equipment 879,000 750,000 773,000
Disposition and exit of business activities 149,000 (175,189,000) 0
Loss on extinguishment of debt 0 40,843,000 3,521,000
Impairment of goodwill 0 400,000,000 0
(Earnings) loss from unconsolidated joint venture, net of dividends received 6,000 50,000 (62,000)
Deferred income tax benefit (3,553,000) (56,114,000) (159,000)
Release of uncertain tax positions 0 (2,445,000) (18,309,000)
Gain on insurance proceeds for capital expenditures 0 0 (3,948,000)
Share-based compensation 11,342,000 11,361,000 9,493,000
Decrease (increase) in:      
Accounts receivable (57,762,000) (563,000) 5,848,000
Inventories of products, materials, and supplies (133,463,000) 18,234,000 46,533,000
Other assets (10,931,000) 483,000 10,986,000
Increase (decrease) in:      
Accounts payable-trade 76,782,000 352,000 (3,472,000)
Other payables and accruals 1,187,000 5,595,000 (20,018,000)
Other long-term liabilities (16,196,000) (2,900,000) (13,401,000)
Due to related party 1,451,000 (1,089,000) (3,644,000)
Net cash provided by operating activities 171,225,000 151,331,000 234,940,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Kraton purchase of property, plant, and equipment (90,454,000) (73,893,000) (103,688,000)
KFPC purchase of property, plant, and equipment (365,000) (4,132,000) (965,000)
Purchase of software and other intangibles (10,395,000) (7,943,000) (8,019,000)
Insurance proceeds for capital expenditures 0 0 3,948,000
Cash proceeds (payments) from disposition and exit of business activities (5,802,000) 510,500,000 0
Net cash provided by (used in) investing activities (107,016,000) 424,532,000 (108,724,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from debt 107,500,000 477,000,000 57,941,000
Repayments of debt (107,500,000) (967,967,000) (198,053,000)
KFPC proceeds from debt 62,407,000 71,949,000 34,240,000
KFPC repayments of debt (85,633,000) (90,577,000) (59,700,000)
Finance lease payments (1,029,000) (179,000) (169,000)
Purchase of treasury stock (4,946,000) (847,000) (12,821,000)
Proceeds from the exercise of stock options 6,399,000 78,000 2,424,000
Settlement of interest rate swap 0 (1,295,000) 0
Distribution to non-controlling interest (102,000) 0 0
Debt issuance costs 0 (9,095,000) 0
Net cash used in financing activities (22,904,000) (520,933,000) (176,138,000)
Effect of exchange rate differences on cash 3,313,000 (4,062,000) (936,000)
Net increase (decrease) in cash and cash equivalents 44,618,000 50,868,000 (50,858,000)
Cash and cash equivalents, beginning of period 85,901,000 35,033,000 85,891,000
Cash and cash equivalents, end of period 130,519,000 85,901,000 35,033,000
Supplemental disclosures during the period:      
Cash paid for income taxes, net of refunds received 26,326,000 6,917,000 7,804,000
Cash paid for interest, net of capitalized interest 36,948,000 66,757,000 56,407,000
Capitalized interest 3,429,000 3,099,000 3,625,000
Supplemental non-cash disclosures increase (decrease) during the period:      
Property, plant, and equipment accruals 3,551,000 (9,785,000) 2,277,000
Operating leases $ 34,141,000 $ 19,928,000 $ 105,308,000