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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (12,876) $ (12,029)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,273 10,978
Provision for bad debts 52 180
Stock-based compensation 609 216
Pension expense 347 49
Unrealized gain on derivative instrument 0 0
Amortization of deferred financing costs 601 579
Accretion of contingent consideration 0 3,704
Increase in fair value of contingent consideration 138 215
Deferred income taxes 3,630 232
Loss on sales of property 0 81
Other 0 43
Changes in operating assets and liabilities:    
Accounts receivable 5,818 9,148
Inventories 3,497 (637)
Prepaid expenses and other current assets (430) 407
Accounts payable (7,853) (5,013)
Accrued expenses and other liabilities (9,426) (716)
Income taxes payable 1,758 (9)
Other assets and liabilities 6,279 1,408
Net cash provided by operating activities 3,417 8,836
Cash flows from investing activities:    
Cash paid for property and equipment (1,905) (1,014)
Other investments 0 (350)
Net cash used in investing activities (1,905) (1,364)
Cash flows from financing activities:    
Payment of Dow liabilities settlement (10,000) 0
Repayment of long term debt (1,407) (1,063)
Net cash used in financing activities (11,407) (1,063)
Effect of exchange rate changes on cash and cash equivalents 2,324 1,137
Net (decrease) increase in cash and cash equivalents (7,571) 7,546
Cash and cash equivalents, beginning of period 64,533 77,312
Cash and cash equivalents, end of period 56,962 84,858
Supplemental disclosures of cash flow information:    
Cash paid for interest 7,242 6,085
Cash paid for income taxes 156 679
Supplemental schedule of non-cash investing and financing activities:    
Accrued purchases of property and equipment $ 0 $ 578