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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (184,244) $ (26,787)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation and amortization 161,081 141,362
Amortization of deferred financing fees 1,207 500
(Gain) loss on disposal of assets (8,915) 151
Loss on impairment of assets 34,327 0
Unrealized loss on derivative recognized in other comprehensive loss (5,615) (6,544)
Gain on financial instrument and derivatives, net (1,390) (444)
Stock-based compensation 16,403 9,637
Other non-cash expense, net 0 8
Changes in operating assets and liabilities:    
Decrease in trade and other accounts receivable, net 224,349 11,600
Decrease in inventories 12,804 9,048
Decrease (increase) in prepaid and other current assets 3,508 (257)
Decrease (increase) in other assets 14,393 (46,950)
Increase (decrease) in accounts payable (77,685) 23,511
Decrease in accrued expenses (73,555) (27,141)
Increase (decrease) in customer contract liabilities (60) 411
Increase (decrease) in other liabilities (6,194) 53,820
Net cash provided by operating activities 110,414 141,925
Cash flows from investing activities:    
Proceeds from sale of business 53,259 0
Purchase of property and equipment (83,719) (111,694)
Advances of deposit on equipment (1,118) (2,319)
Implementation of software (5,689) (1,783)
Proceeds from disposal of assets 14,890 18,348
Proceeds from insurance recoveries 58 106
Net cash used in investing activities (22,319) (97,342)
Cash flows from financing activities:    
Proceeds from asset-based revolver 175,000 0
Payments on the term loan facility and asset-based revolver (176,750) (1,750)
Payments on finance leases (3,022) (2,553)
Shares repurchased and retired related to stock-based compensation (1,944) (3,365)
Net cash used financing activities (6,716) (7,668)
Non-cash effect of foreign translation adjustments 753 (29)
Net increase in cash, cash equivalents 82,132 36,886
Cash and cash equivalents, beginning 255,015 80,206
Cash and cash equivalents, ending 337,147 117,092
Supplemental disclosure of cash flow information:    
Interest expense, net 12,347 10,847
Income taxes 6 1,500
Non-cash investing and financing activities:    
Change in accrued capital expenditures 6,350 (10,299)
Non-cash additions to finance right-of-use assets 0 5,084
Non-cash additions to finance lease liabilities, including current maturities 0 5,087
Non-cash additions to operating right-of-use assets 8,200 61,670
Non-cash additions to operating lease liabilities, including current maturities $ 8,161 $ 61,454