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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (12,585) $ (12,876)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 12,061 11,273
Provision for bad debts (392) 52
Stock-based compensation 588 609
Pension expense 0 347
Amortization of deferred financing costs 630 601
Interest income on interest rate swap (356) 0
Accretion of contingent consideration 884 0
Increase in fair value of contingent consideration 190 138
Deferred income taxes (1,781) 3,630
Loss on sales of property 49 0
Changes in operating assets and liabilities:    
Accounts receivable 2,159 5,818
Inventories 823 3,497
Prepaid expenses and other current assets 986 (430)
Accounts payable 654 (7,853)
Accrued expenses and other liabilities 6,291 (9,426)
Income taxes payable 650 1,758
Other assets and liabilities (1,873) 6,279
Net cash provided by operating activities 8,978 3,417
Cash flows from investing activities:    
Cash paid for property and equipment (2,586) (1,905)
Other investments (250) 0
Net cash used in investing activities (2,836) (1,905)
Cash flows from financing activities:    
Payment of Dow liabilities settlement 0 (10,000)
Repayment of long-term debt (722) (1,407)
Net cash used in financing activities (722) (11,407)
Effect of exchange rate changes on cash and cash equivalents (277) 2,324
Net increase (decrease) in cash and cash equivalents 5,143 (7,571)
Cash and cash equivalents, beginning of period 34,852 64,533
Cash and cash equivalents, end of period 39,995 56,962
Supplemental disclosures of cash flow information:    
Cash paid for interest 27 7,242
Cash paid for income taxes 599 156
Supplemental schedule of non-cash investing and financing activities:    
Accrued purchases of property and equipment 102 0
Right of use assets obtained in exchange for new lease liabilities $ 33 $ 0