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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net (loss) income $ (3,957) $ 4,279
Adjustments to reconcile net income (loss) to net cash (used in) operating activities    
Depreciation and amortization of intangible assets and loan fees 2,522 851
Foreign exchange loss on liabilities 53 8
(Gain) loss on disposition of property (20) 29
Stock based compensation expense 698  
Deferred tax adjustment (1,067)  
Other non-cash activity (193)  
Changes in assets and liabilities    
Accounts receivable (28,997) (9,515)
Inventories (27,238) (13,813)
Prepaid expenses and other assets 16 (1,765)
Accounts payable 22,508 3,334
Accrued wages payable (482) (444)
Other accrued expenses (2,274) 181
Net cash used in operating activities (38,431) (16,855)
Cash flows from investing activities    
Proceeds from disposition of property, plant, and equipment 57  
Purchase of property, plant, and equipment (2,224) (518)
Business acquisition (net of cash acquired) (91,986)  
Net cash used in investing activities (94,153) (518)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 162,278 74,800
Principal payments on long-term debt (59,533) (56,770)
Principal payments on capital lease obligations (242) (28)
Tax distributions to Continuing LLC Owners (540)  
Payment of deferred financing fees and debt discount (2,613) (25)
Net cash provided by financing activities 99,350 17,977
Net change in cash and cash equivalents (33,234) 604
Effect of exchange rate changes on cash and cash equivalents 52 5
Cash and cash equivalents, beginning of period 37,896 767
Cash and cash equivalents, end of period 4,714 1,376
Supplemental cash flow information    
Interest paid 831 292
Property, plant, and equipment acquired through accounts payable (511) $ (178)
Capital lease additions 34  
Net change in deferred tax assets from step up in basis 8,981  
Income Taxes paid 46  
Accrued tax distribution 434  
Non cash consideration - Contingent notes 9,500  
Non cash consideration - Guarantee notes 10,000  
Non cash consideration - Issuance of Class B common stock and LLC Interests $ 90,031