Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2014

Consolidating Balance Sheet

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2014

(Unaudited)

(In thousands, except par value)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	116		$	2,621		$	63,154		$	—		$	65,891
Receivables, net of allowances		—		272			55,412			96,096			—			151,780
Inventories of products		—		(632	)		198,806			153,569			—			351,743
Inventories of materials and supplies		—		—			9,281			2,130			—			11,411
Deferred income taxes		—		—			3,953			6,439			—			10,392
Other current assets		—		6,048			607			18,780			—			25,435
Total current assets		—		5,804			270,680			340,168			—			616,652
Property, plant and equipment, less accumulated depreciation		—		50,754			242,622			147,780			—			441,156
Intangible assets, less accumulated amortization		—		49,487			4,853			(415	)		—			53,925
Investment in consolidated subsidiaries		544,539		1,365,686			—			—			(1,910,225	)		—
Investment in unconsolidated joint venture		—		813			—			12,971			—			13,784
Debt issuance costs		—		5,371			1,586			1,126			—			8,083
Deferred income taxes		—		482			—			977			—			1,459
Other long-term assets		—		(511	)		557,878			99,533			(630,613	)		26,287
Total assets	$	544,539	$	1,477,886		$	1,077,619		$	602,140		$	(2,540,838	)	$	1,161,346
LIABILITIES AND STOCKHOLDERS' AND    MEMBER'S EQUITY
Current liabilities:
Current portion of long-term debt	$	—	$	—		$	1,534		$	—		$	—		$	1,534
Accounts payable-trade		—		1,674			33,830			43,984			—			79,488
Other payables and accruals		—		23,375			11,611			11,924			—			46,910
Deferred income taxes		—		—			—			175			—			175
Due to related party		—		—			—			20,658			—			20,658
Total current liabilities		—		25,049			46,975			76,741			—			148,765
Long-term debt, net of current portion		—		350,908			1,004			—			—			351,912
Deferred income taxes		—		9,498			3,953			4,076			—			17,527
Other long-term liabilities		—		548,695			63,984			94,332			(630,613	)		76,398
Total liabilities		—		934,150			115,916			175,149			(630,613	)		594,602
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued		—		—			—			—			—			—
Common stock, $0.01 par value; 500,000 shares authorized		328		—			—			—			—			328
Additional paid in capital		370,150		—			—			—			—			370,150
Member's equity		—		544,539			997,678			368,008			(1,910,225	)		—
Retained earnings		174,061		—			—			—			—			174,061
Accumulated other comprehensive income (loss)		—		(803	)		(35,975	)		18,462			—			(18,316	)
Kraton stockholders' and member's equity		544,539		543,736			961,703			386,470			(1,910,225	)		526,223
Noncontrolling interest		—		—			—			40,521			—			40,521
Total stockholders' and member's equity		544,539		543,736			961,703			426,991			(1,910,225	)		566,744
Total liabilities and stockholders' and member's equity	$	544,539	$	1,477,886		$	1,077,619		$	602,140		$	(2,540,838	)	$	1,161,346

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2013

(In thousands, except par value)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	—		$	11,792		$	164,080	$	—		$	175,872
Receivables, net of allowances		—		80			45,971			83,305		—			129,356
Inventories of products		—		—			176,823			151,949		—			328,772
Inventories of materials and supplies		—		—			8,898			2,049		—			10,947
Deferred income taxes		—		—			3,952			3,644		—			7,596
Other current assets		—		2,071			1,541			17,053		—			20,665
Total current assets		—		2,151			248,977			422,080		—			673,208
Property, plant and equipment, less accumulated depreciation		—		47,157			241,650			125,450		—			414,257
Intangible assets, less accumulated amortization		—		34,208			23,280			—		—			57,488
Investment in consolidated subsidiaries		534,742		1,325,811			—			—		(1,860,553	)		—
Investment in unconsolidated joint venture		—		813			—			13,261		—			14,074
Debt issuance costs		—		6,000			1,874			1,339		—			9,213
Deferred income taxes		—		536			—			790		—			1,326
Other long-term assets		—		612			563,305			108,393		(647,079	)		25,231
Total assets	$	534,742	$	1,417,288		$	1,079,086		$	671,313	$	(2,507,632	)	$	1,194,797
LIABILITIES AND STOCKHOLDERS' AND    MEMBER'S EQUITY
Current liabilities:
Accounts payable-trade	$	—	$	104		$	48,259		$	67,373	$	—		$	115,736
Other payables and accruals		—		7,875			25,970			20,694		—			54,539
Deferred income taxes		—		—			—			182		—			182
Due to related party		—		—			—			24,603		—			24,603
Total current liabilities		—		7,979			74,229			112,852		—			195,060
Long-term debt, net of current portion		—		350,989			—			—		—			350,989
Deferred income taxes		—		10,553			3,953			3,853		—			18,359
Other long-term liabilities		—		513,560			64,394			145,116		(647,079	)		75,991
Total liabilities		—		883,081			142,576			261,821		(647,079	)		640,399
Commitments and contingencies (note 10)
Stockholders' and member's equity:
Preferred stock, $0.01 par value; 100,000 shares authorized; none issued		—		—			—			—		—			—
Common stock, $0.01 par value; 500,000 shares authorized		325		—			—			—		—			325
Additional paid in capital		363,590		—			—			—		—			363,590
Member's equity		—		534,742			972,485			353,326		(1,860,553	)		—
Retained earnings		170,827		—			—			—		—			170,827
Accumulated other comprehensive income (loss)		—		(535	)		(35,975	)		15,258		—			(21,252	)
Kraton stockholders' and member's equity		534,742		534,207			936,510			368,584		(1,860,553	)		513,490
Noncontrolling interest		—		—			—			40,908		—			40,908
Total stockholders' and member's equity		534,742		534,207			936,510			409,492		(1,860,553	)		554,398
Total liabilities and stockholders' and member's equity	$	534,742	$	1,417,288		$	1,079,086		$	671,313	$	(2,507,632	)	$	1,194,797

Consolidating Statement of Operations

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Three months ended June 30, 2014

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales revenue	$	—	$	—		$	174,233	$	199,590		$	(50,056	)	$	323,767
Cost of goods sold		—		(300	)		137,364		164,679			(50,056	)		251,687
Gross profit		—		300			36,869		34,911			—			72,080
Operating expenses:
Research and development		—		4,050			483		3,466			—			7,999
Selling, general and administrative		—		19,771			37		8,472			—			28,280
Depreciation and amortization		—		5,587			7,351		3,731			—			16,669
Total operating expenses		—		29,408			7,871		15,669			—			52,948
Earnings in consolidated subsidiaries		10,868		45,693			—		—			(56,561	)		—
Earnings of unconsolidated joint venture		—		—			—		127			—			127
Interest expense (income), net		—		6,223			39		(32	)		—			6,230
Income before income taxes		10,868		10,362			28,959		19,401			(56,561	)		13,029
Income tax expense (benefit)		—		(506	)		2		2,665			—			2,161
Consolidated net income		10,868		10,868			28,957		16,736			(56,561	)		10,868
Net loss attributable to noncontrolling interest		—		—			—		(275	)		—			(275	)
Net income attributable to Kraton	$	10,868	$	10,868		$	28,957	$	17,011		$	(56,561	)	$	11,143

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Three months ended June 30, 2013

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Sales revenue	$	—	$	—		$	164,643		$	209,894	$	(39,994	)	$	334,543
Cost of goods sold		—		231			124,242			190,203		(39,994	)		274,682
Gross profit (loss)		—		(231	)		40,401			19,691		—			59,861
Operating expenses:
Research and development		—		—			4,437			4,009		—			8,446
Selling, general and administrative		—		146			16,601			8,257		—			25,004
Depreciation and amortization		—		4,080			8,085			3,576		—			15,741
Total operating expenses		—		4,226			29,123			15,842		—			49,191
Earnings in consolidated subsidiaries		3,977		16,758			—			—		(20,735	)		—
Earnings of unconsolidated joint venture		—		—			—			121		—			121
Interest expense (income), net		—		9,044			(3,544	)		409		—			5,909
Income before income taxes		3,977		3,257			14,822			3,561		(20,735	)		4,882
Income tax expense (benefit)		—		(720	)		10			1,615		—			905
Consolidated net income		3,977		3,977			14,812			1,946		(20,735	)		3,977
Net income attributable to noncontrolling interest		—		—			—			148		—			148
Net income attributable to Kraton	$	3,977	$	3,977		$	14,812		$	1,798	$	(20,735	)	$	3,829

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Six months ended June 30, 2014

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales revenue	$	—	$	—		$	331,071	$	390,782		$	(86,430	)	$	635,423
Cost of goods sold		—		(15,414	)		264,565		343,549			(86,430	)		506,270
Gross profit		—		15,414			66,506		47,233			—			129,153
Operating expenses:
Research and development		—		8,549			937		6,810			—			16,296
Selling, general and administrative		—		46,467			125		15,906			—			62,498
Depreciation and amortization		—		11,124			14,522		7,432			—			33,078
Total operating expenses		—		66,140			15,584		30,148			—			111,872
Earnings in consolidated subsidiaries		2,674		64,878			—		—			(67,552	)		—
Earnings of unconsolidated joint venture		—		—			—		244			—			244
Interest expense (income), net		—		12,478			164		(74	)		—			12,568
Income before income taxes		2,674		1,674			50,758		17,403			(67,552	)		4,957
Income tax expense (benefit)		—		(1,000	)		5		3,278			—			2,283
Consolidated net income		2,674		2,674			50,753		14,125			(67,552	)		2,674
Net loss attributable to noncontrolling interest		—		—			—		(560	)		—			(560	)
Net income attributable to Kraton	$	2,674	$	2,674		$	50,753	$	14,685		$	(67,552	)	$	3,234

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Six months ended June 30, 2013

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
Sales revenue	$	—	$	—		$	342,225		$	413,445	$	(81,020	)	$	674,650
Cost of goods sold		—		1,964			272,361			361,573		(81,020	)		554,878
Gross profit (loss)		—		(1,964	)		69,864			51,872		—			119,772
Operating expenses:
Research and development		—		—			8,780			7,579		—			16,359
Selling, general and administrative		—		148			35,572			15,398		—			51,118
Depreciation and amortization		—		8,159			15,619			7,061		—			30,839
Total operating expenses		—		8,307			59,971			30,038		—			98,316
Earnings in consolidated subsidiaries		153		34,544			—			—		(34,697	)		—
Earnings of unconsolidated joint venture		—		—			—			255		—			255
Interest expense (income), net		—		24,934			(7,120	)		1,393		—			19,207
Income (loss) before income taxes		153		(661	)		17,013			20,696		(34,697	)		2,504
Income tax expense (benefit)		—		(814	)		21			3,144		—			2,351
Consolidated net income		153		153			16,992			17,552		(34,697	)		153
Net income attributable to noncontrolling interest		—		—			—			72		—			72
Net income attributable to Kraton	$	153	$	153		$	16,992		$	17,480	$	(34,697	)	$	81

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

Consolidating Statement of Comprehensive Income

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME

Three months ended June 30, 2014

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net income attributable to Kraton	$	10,868	$	10,868	$	28,957	$	17,011	$	(56,561	)	$	11,143
Other comprehensive income:
Foreign currency translation adjustments, net of tax		—		6		—		1,131		—			1,137
Other comprehensive income, net of tax		—		6		—		1,131		—			1,137
Comprehensive income attributable to Kraton		10,868		10,874		28,957		18,142		(56,561	)		12,280
Comprehensive income attributable to noncontrolling interest		—		—		—		479		—			479
Consolidated comprehensive income	$	10,868	$	10,874	$	28,957	$	18,621	$	(56,561	)	$	12,759

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

Three months ended June 30, 2013

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income attributable to Kraton	$	3,977	$	3,977	$	14,812	$	1,798		$	(20,735	)	$	3,829
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax		—		104		—		(4,079	)		—			(3,975	)
Other comprehensive income (loss), net of tax		—		104		—		(4,079	)		—			(3,975	)
Comprehensive income (loss) attributable to Kraton		3,977		4,081		14,812		(2,281	)		(20,735	)		(146	)
Comprehensive loss attributable to noncontrolling interest		—		—		—		(291	)		—			(291	)
Consolidated comprehensive income (loss)	$	3,977	$	4,081	$	14,812	$	(2,572	)	$	(20,735	)	$	(437	)

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

Six months ended June 30, 2014

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income attributable to Kraton	$	2,674	$	2,674		$	50,753	$	14,685		$	(67,552	)	$	3,234
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax		—		(268	)		—		3,204			—			2,936
Other comprehensive income (loss), net of tax		—		(268	)		—		3,204			—			2,936
Comprehensive income attributable to Kraton		2,674		2,406			50,753		17,889			(67,552	)		6,170
Comprehensive loss attributable to noncontrolling interest		—		—			—		(387	)		—			(387	)
Consolidated comprehensive income	$	2,674	$	2,406		$	50,753	$	17,502		$	(67,552	)	$	5,783

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

Six months ended June 30, 2013

(Unaudited)

(In thousands)

	Kraton		Kraton Polymers LLC (1)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income attributable to Kraton	$	153	$	153		$	16,992	$	17,480		$	(34,697	)	$	81
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax		—		(2	)		—		(13,244	)		—			(13,246	)
Realized gain from interest rate swap, net of tax		—		837			—		—			—			837
Unrealized loss from net investment hedge, net of tax		—		(225	)		—		—			—			(225	)
Other comprehensive income (loss), net of tax		—		610			—		(13,244	)		—			(12,634	)
Comprehensive income attributable to Kraton		153		763			16,992		4,236			(34,697	)		(12,553	)
Comprehensive loss attributable to noncontrolling interest		—		—			—		(67	)		—			(67	)
Consolidated comprehensive income	$	153	$	763		$	16,992	$	4,169		$	(34,697	)	$	(12,620	)

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

Consolidating Statement of Cash Flows

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six months ended June 30, 2014

(Unaudited)

(In thousands)

	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows provided by (used in) operating activities	$	—		$	(15,142	)	$	35,993		$	(72,409	)	$	—		$	(51,558	)
Cash flows provided by (used in) investing activities:
Proceeds from intercompany loans		—			15,800			—			—			(15,800	)		—
Purchase of property, plant and equipment		—			(384	)		(23,607	)		(28,984	)		—			(52,975	)
Purchase of software and other intangibles		—			(1,194	)		(595	)		—			—			(1,789	)
Net cash provided by (used in) investing activities		—			14,222			(24,202	)		(28,984	)		(15,800	)		(54,764	)
Cash flows provided by (used in) financing activities:
Proceeds from debt		—			—			24,000			—			—			24,000
Repayments of debt		—			—			(24,000	)		—			—			(24,000	)
Capital lease payments		—			—			(4,495	)		—			—			(4,495	)
Purchase of treasury stock		(667	)		—			—			—			—			(667	)
Cash contributions from member		—			—			(667	)		—			667			—
Cash distributions to member		(369	)		1,036			—			—			(667	)		—
Proceeds from the exercise of stock options		1,036			—			—			—			—			1,036
Payments on intercompany loans		—			—			(15,800	)		—			15,800			—
Net cash provided by (used in) financing activities		—			1,036			(20,962	)		—			15,800			(4,126	)
Effect of exchange rate differences on cash		—			—			—			467			—			467
Net increase (decrease) in cash and cash equivalents		—			116			(9,171	)		(100,926	)		—			(109,981	)
Cash and cash equivalents, beginning of period		—			—			11,792			164,080			—			175,872
Cash and cash equivalents, end of period	$	—		$	116		$	2,621		$	63,154		$	—		$	65,891

(1) Kraton Polymers LLC and Kraton Polymers Capital Corporation, a financing subsidiary, collectively, the Issuers, are co-issuers of the 6.75% senior notes due March 1, 2019. Kraton Polymers Capital Corporation has minimal assets and income. We do not believe that separate financial information concerning the Issuers would provide additional information that would be material to investors in making an investment decision.

KRATON PERFORMANCE POLYMERS, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six months ended June 30, 2013

(Unaudited)

(In thousands)

	Kraton			Kraton Polymers LLC (1)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows provided by (used in) operating activities	$	—		$	2,851		$	(63,585	)	$	56,285		$	—		$	(4,449	)
Cash flows provided by (used in) investing activities:
Repayments of intercompany loans		—			80,705			—			—			(80,705	)		—
Purchase of property, plant and equipment		—			—			(9,412	)		(25,330	)		—			(34,742	)
Purchase of software and other intangibles		—			—			(1,770	)		(175	)		—			(1,945	)
Settlement of net investment hedge		—			(2,225	)		—			—			—			(2,225	)
Net cash provided by (used in) investing activities		—			78,480			(11,182	)		(25,505	)		(80,705	)		(38,912	)
Cash flows provided by (used in) financing activities:
Proceeds from debt		—			—			40,000			—			—			40,000
Repayments of debt		—			(96,875	)		(40,000	)		—			—			(136,875	)
Capital lease payments		—			—			(950	)		—			—			(950	)
Cash contributions from member		—			15,544			—			(15,544	)		—			—
Cash distributions to member		(310	)		—			—			310			—			—
Contribution from noncontrolling interest		—			—			—			15,174			—			15,174
Proceeds from the exercise of stock options		310			—			—			—			—			310
Debt issuance costs		—			—			(3,310	)		(1,484	)		—			(4,794	)
Proceeds from (repayments of) intercompany loans		—			—			17,148			(97,853	)		80,705			—
Net cash provided by (used in) financing activities		—			(81,331	)		12,888			(99,397	)		80,705			(87,135	)
Effect of exchange rate differences on cash		—			—			—			(4,001	)		—			(4,001	)
Net decrease in cash and cash equivalents		—			—			(61,879	)		(72,618	)		—			(134,497	)
Cash and cash equivalents, beginning of period		—			—			80,903			142,263			—			223,166
Cash and cash equivalents, end of period	$	—		$	—		$	19,024		$	69,645		$	—		$	88,669