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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 income $ 26,408 $ 4,854
Reconciliation of net income to net cash provided by operating activities    
Depreciation and amortization 6,621 5,313
Debt discount and deferred loan cost amortization 219 438
Stock-based compensation 834  
Inventory obsolescence 451  
Loss on disposal of assets 29 235
Deferred income taxes 963 29
Loss on debt extinguishment 4,305  
Changes in operating assets and liabilities    
Accounts receivable (419) (8,998)
Inventories (5,594) (7,648)
Prepaid expenses and other assets (56) (1,140)
Accounts payable 792 12,508
Accrued expenses and other liabilities 4,012 341
Net cash provided by operating activities 38,565 5,932
Cash flows from investing activities    
Capital expenditures (16,127) (8,584)
Proceeds from sale of assets 440 83
Net cash used in investing activities (15,687) (8,501)
Cash flows from financing activities    
Principal payments on long-term debt (248,529) (642)
Payments on capital leases (1,266) (319)
Net proceeds from IPO 469,621  
Distributions to members (26,041)  
Redemptions of CW Units (216,425)  
Net cash used in financing activities (22,640) (961)
Effect of exchange rate changes on cash and cash equivalents 48 12
Net increase (decrease) in cash and cash equivalents 286 (3,518)
Cash and cash equivalents    
Beginning of period 7,574 8,688
End of period $ 7,860 $ 5,170