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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net (loss) income $ (30,240) $ 23,562 $ (111,560)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 47,593 44,356 42,850
Provision for bad debts 1,208 308 1,052
Stock based compensation for equity classified awards 2,804 1,886 3,250
Pension expense (income) 17 (153) 188
Amortization of inventory fair value adjustment 0 0 30,377
Amortization of deferred financing cost 2,476 2,368 2,275
Cash received on interest rate swap termination, net of non-cash interest income recognized 3,684 0 0
Accretion of contingent consideration 3,781 8,433 30,197
Change in fair value of contingent consideration (3,018) (26,948) (53,608)
Deferred income taxes 1,154 (12,515) 13,792
Impairment of long-lived assets 2,600 0 10,795
Goodwill impairment 0 0 62,373
(Gain) loss on sales of property (52) 81 22
Other 0 98 32
Changes in operating assets and liabilities:      
Accounts receivable (5,362) 5,981 (4,101)
Inventories (1,581) (2,496) (764)
Prepaid expenses and other current assets (652) (5,176) (7,788)
Accounts payable (10,955) (13,889) 6,357
Accrued expenses and other liabilities (4,175) 18,432 2,341
Income taxes payable (4,053) 2,844 (376)
Other assets and liabilities (2,217) (11,783) 2,780
Net cash provided by operating activities 3,012 35,389 30,484
Cash flows from investing activities:      
Cash paid for property and equipment (4,164) (7,725) (6,004)
Proceeds from sale of property 0 99 76
Acquisition of business, net of cash acquired 0 (18,192) 0
Other investments (1,587) (11,132) (600)
Net cash used in investing activities (5,751) (36,950) (6,528)
Cash flows from financing activities:      
Payment of Dow liabilities settlement (10,000) (10,000) 0
Repayment of long term debt (6,096) (4,015) (4,250)
Payments of contingent consideration (6,132) 0 0
Borrowings under revolving credit facility 11,000 0 0
Repayments of revolving credit facility (11,000) 0 0
Repurchase of stock for treasury 0 0 (1,488)
Payment of withholding taxes related to stock-based compensation to employees 0 0 (331)
Net cash used in financing activities (22,228) (14,015) (6,069)
Effect of exchange rate on cash and cash equivalents (4,714) 2,797 1,660
Net (decrease) increase in cash and cash equivalents (29,681) (12,779) 19,547
Cash and cash equivalents, beginning of period 64,533 77,312 57,765
Cash and cash equivalents, end of period 34,852 64,533 77,312
Cash paid for:      
Interest 34,712 18,884 24,560
Income taxes 6,949 3,257 3,095
Supplemental schedule of non-cash investing and financing activities:      
Accrued purchases of property and equipment 607 1,422 815
Acquisition-related contingent consideration 0 691 0
Settlement of Dow liabilities not resulting from a cash payment $ 0 $ 55,089 $ 0