XML 17 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (10,277,000) $ (4,893,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 24,599,000 24,051,000
Loss on disposal or impairment, net 2,410,000 13,307,000
Earnings from equity method investments (17,091,000) (23,071,000)
Loss on issuance of common units by equity method investee 0 41,000
Loss on sale or impairment of equity method investment 0 39,764,000
Distributions from equity investments 17,301,000 25,712,000
Amortization of debt issuance costs and discount 1,364,000 1,396,000
Loss on early extinguishment of debt 19,922,000 0
Deferred tax benefit (634,000) (22,642,000)
Non-cash equity compensation 2,757,000 2,874,000
Provision for uncollectible accounts receivable, net of recoveries 151,000 11,000
Currency loss 0 1,469,000
Inventory valuation adjustment 455,000 0
Changes in operating assets and liabilities (Note 11) (12,948,000) (9,120,000)
Net cash provided by operating activities 28,009,000 48,899,000
Cash flows from investing activities:    
Capital expenditures (92,248,000) (74,879,000)
Proceeds from sale of long-lived assets 15,500,000 40,000
Contributions to equity method investments (2,490,000) (1,356,000)
Distributions in excess of equity in earnings of affiliates 4,392,000 6,074,000
Net cash used in investing activities (74,846,000) (70,121,000)
Cash flows from financing activities:    
Debt issuance costs (4,632,000) 0
Borrowings on credit facilities and issuance of senior notes, net of discount 437,018,000 174,000,000
Principal payments on credit facilities and other obligations (348,278,000) (110,011,000)
Debt extinguishment costs (16,293,000) 0
Distributions to noncontrolling interests 0 (10,833,000)
Repurchase of common stock for payment of statutory taxes due on equity-based compensation (1,047,000) (807,000)
Dividends paid (29,770,000) (19,887,000)
Proceeds from issuance of common stock under employee stock purchase plan 231,000 269,000
Net cash provided by financing activities 37,229,000 32,731,000
Effect of exchange rate changes on cash and cash equivalents 1,248,000 2,884,000
Change in cash and cash equivalents (8,360,000) 14,393,000
Cash and cash equivalents at beginning of period 74,216,000 58,096,000
Cash and cash equivalents at end of period $ 65,856,000 $ 72,489,000