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CONDENSED CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
2 Months Ended 7 Months Ended 9 Months Ended
Sep. 30, 2015
Jul. 31, 2015
Sep. 30, 2016
Supplemental schedule of non-cash investing and financing activities:      
Issuance of common stock as consideration for acquisition of business $ 210,000 $ 0 $ 0
Acquisition-related contingent consideration 181,366 0 0
Successor      
Cash flows from operating activities:      
Net loss (14,021)   (42,989)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 6,891   30,458
Accretion of contingent consideration 0   22,931
Decrease in contingent consideration 0   (4,969)
Stock based compensation 673   2,901
Amortization of inventory fair value adjustment 38,702   30,377
Amortization of deferred financing costs 0   1,696
Transaction costs (4,637)   0
Deferred income taxes (4,591)   (24,910)
Loss on sales of property 0   21
Other (160)   850
Changes in operating assets and liabilities:      
Accounts receivable (53,877)   (8,520)
Inventories 580   (2,191)
Prepaid expenses and other current assets (4,316)   (18,308)
Accounts payable 10,216   341
Accrued expenses and other liabilities 7,355   5,272
Income taxes payable 0   1,206
Other assets and liabilities 0   711
Net cash used in operating activities (17,185)   (5,123)
Cash flows from investing activities:      
Cash paid for property and equipment (219)   (5,449)
Proceeds from sale of property 0   8
Acquisition of business, net of cash acquired (625,541)   0
Restricted cash 220,505   0
Net cash used in investing activities (405,255)   (5,441)
Cash flows from financing activities:      
Proceeds from long term debt 425,000   0
Payment of debt issuance costs (12,889)   0
Payment of revolving credit facility fees (1,252)   0
Other financing costs (7,776)   0
Repayment of long term debt (1,063)   (3,188)
Proceeds from private placement 50,000   0
Borrowings under revolving credit facility 500   0
Repayments of revolving credit facility (500)   0
Insurance premium financing 1,294   0
Repayment of term loan (380)   0
Repurchase of stock for treasury (920)   (1,488)
Cash transfers to/from parent, net 0   0
Net cash (used in) provided by financing activities 452,014   (4,676)
Effect of exchange rate changes on cash and cash equivalents (903)   2,152
Net (decrease) increase in cash and cash equivalents 28,671   (13,088)
Cash and cash equivalents, beginning of period 84   57,765
Cash and cash equivalents, end of period 28,755 84 44,677
Supplemental disclosures of cash flow information:      
Interest 4,141   18,460
Income taxes 0   2,487
Supplemental schedule of non-cash investing and financing activities:      
Accrued purchases of property and equipment 0   $ 35
Predecessor      
Cash flows from operating activities:      
Net loss   (14,057)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization   17,379  
Accretion of contingent consideration   0  
Decrease in contingent consideration   0  
Stock based compensation   0  
Amortization of inventory fair value adjustment   0  
Amortization of deferred financing costs   0  
Transaction costs   0  
Deferred income taxes   (4,218)  
Loss on sales of property   (12)  
Other   0  
Changes in operating assets and liabilities:      
Accounts receivable   42,585  
Inventories   (5,756)  
Prepaid expenses and other current assets   0  
Accounts payable   (798)  
Accrued expenses and other liabilities   0  
Income taxes payable   (36,070)  
Other assets and liabilities   (4,651)  
Net cash used in operating activities   (5,598)  
Cash flows from investing activities:      
Cash paid for property and equipment   (676)  
Proceeds from sale of property   63  
Acquisition of business, net of cash acquired   0  
Restricted cash   0  
Net cash used in investing activities   (613)  
Cash flows from financing activities:      
Proceeds from long term debt   0  
Payment of debt issuance costs   0  
Payment of revolving credit facility fees   0  
Other financing costs   0  
Repayment of long term debt   0  
Proceeds from private placement   0  
Borrowings under revolving credit facility   0  
Repayments of revolving credit facility   0  
Insurance premium financing   0  
Repayment of term loan   0  
Repurchase of stock for treasury   0  
Cash transfers to/from parent, net   6,211  
Net cash (used in) provided by financing activities   6,211  
Effect of exchange rate changes on cash and cash equivalents   0  
Net (decrease) increase in cash and cash equivalents   0  
Cash and cash equivalents, beginning of period $ 0 0  
Cash and cash equivalents, end of period   0  
Supplemental disclosures of cash flow information:      
Interest   0  
Income taxes   0  
Supplemental schedule of non-cash investing and financing activities:      
Accrued purchases of property and equipment   $ 0